LOWBuilt-inGeographic
19%
international revenue
“10-K Item 1A: 'Our international revenue accounted for approximately 19%, 21% and 21% of our total revenue in each of the years ended December 31, 2025, 2024 and 2023, respectively.'”
PRLB · Concentration risk · 10-K extracted
Proto Labs (PRLB) concentration risks
Updated
The most significant concentration Proto Labs discloses is international revenue at 19%, classified LOW by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Proto Labs’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH0
MEDIUM0
LOW1
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Proto Labs' disclosed concentration profile is limited to a single, modest exposure: international revenue accounted for approximately 19% of total revenue in 2025, compared with 21% in 2024 and 21% in 2023 — a low-share, structural exposure reflecting the company's geographic mix rather than dependence on any single customer, supplier, or counterparty. The trend across the three years shows international revenue holding in the low-20s percent range before easing to 19% most recently, suggesting the business remains predominantly domestic with international operations as a secondary contributor. With no customer, supplier, or single-geography concentration disclosed beyond this figure, Proto Labs' concentration risk profile reads as comparatively diversified: the one exposure on record is both low in share and structural in character, meaning it moves with global demand cycles rather than being tied to a specific counterparty relationship that could suddenly change. For an investor, this is a relatively benign type of disclosed concentration — a diversified, low-share geographic split rather than a customer, supplier, or segment dependency that could abruptly shift the business's risk profile.
For the engine’s reasoning on PRLB’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Metal Fabrication
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ESAB | ESAB Corporation | 2 | 0 | 1 | 3 |
| ATI | ATI Inc. | 1 | 1 | 0 | 2 |
| PRLB● | Proto Labs, Inc. | 0 | 0 | 1 | 1 |
| CMC | Commercial Metals Company | 0 | 0 | 0 | 0 |
| CRS | Carpenter Technology Corporatio | 0 | 0 | 0 | 0 |
| GPGI | GPGI, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.