XPEL
Xpel Inc
NASDAQ: XPEL · CONSUMER CYCLICAL · AUTO PARTS
$46.61
+1.26% today
Updated 2026-04-29
Market cap
$1.29B
P/E ratio
25.19
P/S ratio
2.70x
EPS (TTM)
$1.85
Dividend yield
—
52W range
$29 – $56
Volume
0.3M
Xpel Inc (XPEL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.39M | $5.86M | $7.78M | $3.83M | $4.13M | $6.04M | $10.67M | $17.90M | $29.63M | $41.47M | $51.76M | $67.75M | $109.92M | $129.93M | $158.92M | $259.26M | $323.99M | $396.29M | $420.40M | $476.20M |
| Revenue growth (YoY) | — | +72.6% | +32.8% | -50.7% | +7.7% | +46.3% | +76.6% | +67.7% | +65.5% | +40.0% | +24.8% | +30.9% | +62.2% | +18.2% | +22.3% | +63.1% | +25.0% | +22.3% | +6.1% | +13.3% |
| Cost of revenue | $1.31M | $2.45M | $3.50M | $1.63M | $1.90M | $3.53M | $7.04M | $12.15M | $20.37M | $29.15M | $37.74M | $50.98M | $76.48M | $86.43M | $104.90M | $166.59M | $196.48M | $233.88M | $243.04M | $275.18M |
| Gross profit | $2.08M | $3.40M | $4.27M | $2.21M | $2.23M | $2.52M | $3.63M | $5.75M | $9.26M | $12.32M | $14.01M | $16.77M | $33.44M | $43.51M | $54.03M | $92.68M | $127.51M | $162.41M | $177.36M | $201.02M |
| Gross margin | 61.4% | 58.1% | 55.0% | 57.5% | 54.0% | 41.6% | 34.1% | 32.1% | 31.2% | 29.7% | 27.1% | 24.8% | 30.4% | 33.5% | 34.0% | 35.7% | 39.4% | 41.0% | 42.2% | 42.2% |
| R&D | $218594.00 | — | — | — | — | — | — | — | $280935.00 | $360398.00 | $460145.00 | $0.00 | $223886.00 | $602446.00 | $143568.00 | $370012.00 | $400000.00 | $2.90M | $2.90M | — |
| SG&A | $2.75M | $3.48M | $4.23M | $1.65M | — | $1.67M | $2.32M | $3.34M | $5.68M | $8.21M | $9.38M | $11.99M | $14.80M | $18.83M | $20.91M | $34.29M | $48.21M | $63.65M | $75.40M | $87.23M |
| Operating income | $-1.45M | $-843204.00 | $-1.14M | $174063.00 | $327907.00 | $612975.00 | $1.07M | $2.04M | $2.79M | $2.61M | $3.25M | $2.24M | $11.83M | $17.09M | $23.37M | $40.12M | $53.94M | $66.97M | $59.15M | $62.65M |
| Operating margin | -42.8% | -14.4% | -14.7% | 4.5% | 7.9% | 10.1% | 10.1% | 11.4% | 9.4% | 6.3% | 6.3% | 3.3% | 10.8% | 13.2% | 14.7% | 15.5% | 16.6% | 16.9% | 14.1% | 13.2% |
| EBITDA | $-1.21M | $-572922.00 | $-1.62M | $529062.00 | $571170.00 | $952026.00 | $1.43M | $2.43M | $3.27M | $3.55M | $4.39M | $3.34M | $13.21M | $18.78M | $25.60M | $44.50M | $61.77M | $76.87M | $69.47M | $77.40M |
| EBITDA margin | -35.7% | -9.8% | -20.9% | 13.8% | 13.8% | 15.8% | 13.4% | 13.6% | 11.0% | 8.6% | 8.5% | 4.9% | 12.0% | 14.5% | 16.1% | 17.2% | 19.1% | 19.4% | 16.5% | 16.3% |
| EBIT | $-1.31M | $-808999.00 | $-2.08M | $174062.00 | $240257.00 | $613275.00 | $1.08M | $2.04M | $2.79M | $2.66M | $3.25M | $2.21M | $11.83M | $17.09M | $23.37M | $40.12M | $53.94M | $67.28M | $57.77M | $64.14M |
| Interest expense | $40177.00 | $34205.00 | $48248.00 | $33335.00 | $15509.00 | $4326.00 | $1424.00 | $6772.00 | $36748.00 | $224641.00 | $223045.00 | $328402.00 | $168389.00 | $96646.00 | $249480.00 | $302674.00 | $1.41M | $1.25M | $996000.00 | $83000.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-1.45M | $-823915.00 | $-3.92M | $-566412.00 | $425810.00 | $815887.00 | $1.16M | $1.32M | $3.10M | $1.55M | $2.22M | $1.19M | $8.71M | $13.98M | $18.28M | $31.57M | $41.38M | $52.80M | $45.49M | $51.23M |
| Net income growth (YoY) | — | +43.2% | -375.5% | +85.5% | +175.2% | +91.6% | +42.4% | +13.6% | +134.6% | -49.8% | +42.5% | -46.4% | +633.8% | +60.4% | +30.8% | +72.7% | +31.1% | +27.6% | -13.8% | +12.6% |
| Profit margin | -42.8% | -14.1% | -50.4% | -14.8% | 10.3% | 13.5% | 10.9% | 7.4% | 10.5% | 3.7% | 4.3% | 1.8% | 7.9% | 10.8% | 11.5% | 12.2% | 12.8% | 13.3% | 10.8% | 10.8% |