FRSH vs. PRLB

Last updated Apr 1, 2026

Compare and contrast key facts about Freshworks Inc. (FRSH) and Proto Labs, Inc. (PRLB).

Performance

FRSH vs. PRLB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Freshworks Inc. (FRSH) and Proto Labs, Inc. (PRLB). The values are adjusted to include any dividend payments, if applicable.

FRSH vs. PRLB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FRSH Freshworks Inc.	-34.45%	-24.24%	-31.16%	59.69%	-43.98%	-44.77%
PRLB Proto Labs, Inc.	12.71%	29.42%	0.33%	52.60%	-50.28%	-27.68%

Fundamentals

Market Cap FRSH : $2.28B PRLB : $1.38B
EPS FRSH : $0.64 PRLB : $0.88
PE Ratio FRSH : 12.60 PRLB : 65.01
PS Ratio FRSH : 2.76 PRLB : 2.59
PB Ratio FRSH : 2.21 PRLB : 1.81
Total Revenue (TTM) FRSH : $838.81M PRLB : $533.13M
Gross Profit (TTM) FRSH : $712.66M PRLB : $237.14M
EBITDA (TTM) FRSH : $38.19M PRLB : $55.40M

Returns By Period

In the year-to-date period, FRSH achieves a -34.45% return, which is significantly lower than PRLB's 12.71% return.

FRSH

• 1D: -0.12%
• 1M: 2.69%
• YTD: -34.45%
• 6M: -31.78%
• 1Y: -43.09%
• 3Y*: -19.44%
• 5Y*: —
• 10Y*: —

PRLB

• 1D: 2.96%
• 1M: -8.15%
• YTD: 12.71%
• 6M: 13.97%
• 1Y: 62.73%
• 3Y*: 19.82%
• 5Y*: -13.83%
• 10Y*: -3.06%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FRSH vs. PRLB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FRSH

FRSH Risk / Return Rank: 8
FRSH Sharpe Ratio Rank: 5
FRSH Sortino Ratio Rank: 8
FRSH Omega Ratio Rank: 8
FRSH Calmar Ratio Rank: 13
FRSH Martin Ratio Rank: 6

PRLB

PRLB Risk / Return Rank: 84
PRLB Sharpe Ratio Rank: 81
PRLB Sortino Ratio Rank: 84
PRLB Omega Ratio Rank: 81
PRLB Calmar Ratio Rank: 86
PRLB Martin Ratio Rank: 86

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FRSH vs. PRLB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Freshworks Inc. (FRSH) and Proto Labs, Inc. (PRLB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FRSH	PRLB	Difference
Sharpe ratio Return per unit of total volatility	-0.95	1.31	-2.26
Sortino ratio Return per unit of downside risk	-1.29	2.36	-3.65
Omega ratio Gain probability vs. loss probability	0.84	1.29	-0.46
Calmar ratio Return relative to maximum drawdown	-0.79	3.05	-3.83
Martin ratio Return relative to average drawdown	-1.66	8.46	-10.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FRSH vs. PRLB - Sharpe Ratio Comparison

The current FRSH Sharpe Ratio is -0.95, which is lower than the PRLB Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of FRSH and PRLB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FRSH	PRLB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.95	1.31	-2.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.27	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.06	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.56	0.10	-0.66

Correlation

The correlation between FRSH and PRLB is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FRSH vs. PRLB - Dividend Comparison

Neither FRSH nor PRLB has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

FRSH vs. PRLB - Drawdown Comparison

The maximum FRSH drawdown since its inception was -86.31%, smaller than the maximum PRLB drawdown of -91.22%. Use the drawdown chart below to compare losses from any high point for FRSH and PRLB.

Drawdown Indicators

	FRSH	PRLB	Difference
Max Drawdown Largest peak-to-trough decline	-86.31%	-91.22%	+4.91%
Max Drawdown (1Y) Largest decline over 1 year	-56.95%	-19.51%	-37.44%
Max Drawdown (5Y) Largest decline over 5 years	—	-81.61%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-91.22%	—
Current Drawdown Current decline from peak	-84.02%	-77.33%	-6.69%
Average Drawdown Average peak-to-trough decline	-66.68%	-42.85%	-23.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.90%	7.03%	+19.87%

Volatility

FRSH vs. PRLB - Volatility Comparison

The current volatility for Freshworks Inc. (FRSH) is 8.88%, while Proto Labs, Inc. (PRLB) has a volatility of 12.72%. This indicates that FRSH experiences smaller price fluctuations and is considered to be less risky than PRLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FRSH	PRLB	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.88%	12.72%	-3.84%
Volatility (6M) Calculated over the trailing 6-month period	35.02%	36.53%	-1.51%
Volatility (1Y) Calculated over the trailing 1-year period	45.73%	48.10%	-2.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.76%	50.75%	+8.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.76%	48.35%	+10.41%

Financials

FRSH vs. PRLB - Profitability Comparison

The chart below illustrates the profitability comparison between Freshworks Inc. and Proto Labs, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

FRSH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Freshworks Inc. reported a gross profit of 190.57M and revenue of 222.74M. Therefore, the gross margin over that period was 85.6%.

PRLB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Proto Labs, Inc. reported a gross profit of 60.37M and revenue of 136.49M. Therefore, the gross margin over that period was 44.2%.

FRSH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Freshworks Inc. reported an operating income of 39.73M and revenue of 222.74M, resulting in an operating margin of 17.8%.

PRLB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Proto Labs, Inc. reported an operating income of 6.80M and revenue of 136.49M, resulting in an operating margin of 5.0%.

FRSH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Freshworks Inc. reported a net income of 191.45M and revenue of 222.74M, resulting in a net margin of 86.0%.

PRLB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Proto Labs, Inc. reported a net income of 6.00M and revenue of 136.49M, resulting in a net margin of 4.4%.