ADVERTISEMENT
LIVE DESK·Global markets desk·Last updated 14s ago
ADVERTISEMENT
Business/EarningsArticle

Protolabs Robotics Revenue More Than Doubles in First Half 2026

Minneapolis-based Protolabs says robotics-customer revenue more than doubled in H1 2026 versus the prior-year period, as the global robotics market is projected to grow at a 20% compound annual rate through 2031.

PA
Priya Anand · Equities & Earnings Desk · 24 Sept 2026 · 00:53 · 1 min read
Share
Protolabs Robotics Revenue More Than Doubles in First Half 2026

Protolabs (NYSE: PRLB) reported that revenue from robotics customers more than doubled in the first half of 2026 compared with the same period last year, underscoring accelerating demand for the Minneapolis-based digital manufacturer within the robotics supply chain.

The global robotics industry is estimated at $88 billion in 2026 and is projected to reach $219 billion by 2031, representing a compound annual growth rate of 20%, according to the company.

Protolabs produces robotics components — including grippers, sensor systems, enclosures, structural parts, gears and motor mounts — using metals and engineering plastics. Its offerings span both additive manufacturing and CNC machining, delivered through owned facilities and its Protolabs Network of vetted partners, with some parts available in as little as one day. The company notes it serves robotics subsystem teams developing components for physical AI-powered devices.

"Protolabs' expanding role in robotics development is a testament to how our capabilities and manufacturing expertise compress product development timelines for industry leaders," said Suresh Krishna, the company's president and chief executive officer.

Protolabs said it protects customer intellectual property using encryption, access controls and other cybersecurity measures.

The company will exhibit at RoboBusiness 2026, scheduled for October 20-21 in Santa Clara, California.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
ADVERTISEMENT
Share this story
PA
Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

More from Priya Anand →
ADVERTISEMENT
Novara — A Smarter Way to Access Global Markets
ADVERTISEMENT