What move does the options market price into Proto Labs's report?

Implied ±9.6%, either direction.

How often does Proto Labs move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

PRLBNYSEFabricated Structural Metal Products

Proto Labs Inc (PRLB) earnings date, market-implied expected move, and options open interest by expiry

67.62

Pre-market19:51 ETdelayed

Open69.45Volume312,580Mkt cap$1.6BP/E46.32EPS1.46

Day65.03 – 69.4559%52-wk46.07 – 99.9640%

PRLB

Proto Labs Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±9.6%implied · report alone

8Q avg ±9.1%·×1.05·fair

60.1172.85

straddle ±17.1%

spot 66.48exp Feb 19ATM strike 65ATM straddle 13.35IV 47%

Nov 4 closereport share · term structure

Expected move

Inputs

Next report

Feb 5

before open · in 92 days

est.Q4 FY26

Calendar

Next report

Last report

−14.60%

vs ±11.6% implied · ×1.25

shaded = implied · ▲▼ = realized

Oct 29 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+1.03%

shares held · 10 largest managers

13F · Jun 30 '26128d lag

276 managers

Top fund weight

0.06%

PRLB weight · IWM

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Proto Labs (PRLB) is expected to report on Feb 5 before open (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±10.7%
avg realized: ±9.1%

Feb 7 '25Feb 7 '25confirmed±9.7%▼−6.29%×0.65

May 2 '25May 2 '25confirmed±10.5%▲+7.12%×0.68

Jul 31 '25Jul 31 '25confirmed±10.8%▲+9.92%×0.92

Oct 31 '25Oct 31 '25confirmed±11.8%▼−6.17%×0.52

Feb 6 '26Feb 6 '26confirmed±10.0%▲+27.99%×2.79

Q1 FY26May 1 '26confirmed±10.4%▲+0.56%×0.05

Q2 FY26Jul 31 '26confirmed±10.4%▼−0.12%×0.01

Q3 FY26Oct 29 '26confirmed±11.6%▼−14.60%×1.25

quarterimplied−30%0+30%realized×

Q3 FY26±11.6%▼−14.60%×1.25

Q2 FY26±10.4%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 5 expiries · Oct 27 close

1.03OI · 5 expiries · Oct 27 closeP/C open interest · Feb 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

350%Nov 2015d0.20174+3%0.20

20%Dec 1843d1.0020%1.00

610%Jan 1571d0.232620%0.23

report · Feb 5 · before open · est.

3430%Feb 19106d3330%

670%Apr 16162d0.292320%0.29

ExpiryPutsCallsP/C

Nov 2015d350%174+3%0.20

Dec 1843d20%20%1.00

Jan 1571d610%2620%0.23

report · Feb 5 · before open · est.

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±17.1%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

7.62%as filednet margin · revenue +3.33% QoQ · +14.00% YoY

Revenue

$154M+3.33% QoQ

Gross profit

$69M−0.98% QoQ

44.49% margin

Operating income

$14M+27.14% QoQ

9.36% margin

Pre-tax income

$16M+28.60% QoQ

Net income

$12M+28.52% QoQ

7.62% margin

Cost of revenue

$86M+7.07% QoQ

Operating expenses

$54M−6.49% QoQ

Marketing $25M

SG&A $18M

R&D $11M

Other operating $434,000

Tax

$4M+28.80% QoQ

Other income

$2M+41.85% QoQ

Revenue$154M+3.33%

Gross profit

$69M−0.98%

44.49% margin

Operating income

$14M+27.14%

9.36% margin

Pre-tax income

$16M+28.60%

Net income

$12M+28.52%

7.62% margin

Cost of revenue

$86M+7.07%

Operating expenses

$54M−6.49%

Marketing $25M

SG&A $18M

R&D $11M

Other income$2M+41.85%

Tax$4M+28.80%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Sep 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 4 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 19:45 ET

Intraday

Event sensitivity

NFP ×1.26· ±2.3% vs ±1.9% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±2.3%6 of 10×1.26

PCEpersonal income & outlays±2.1%10 of 19×1.15

FOMCrate decision±1.7%9 of 24×0.92

PPIproducer prices±1.5%4 of 10×0.83

GDPgross domestic product±1.3%9 of 19×0.71

CPIconsumer prices±1.3%7 of 10×0.70

CPROFcorporate profits±0.8%7 of 12×0.41

Bar = avg |move| to ±3% · tick = ±1.9% avg day · ×base = |move| ÷ ±1.9% · min 6 releases

Earnings history

EPS 0.48 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 29 '26 · confirmed	0.48	—
Q2 FY26	Jul 31 '26 · confirmed	0.37	—
Q1 FY26	May 1 '26 · confirmed	0.33	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod