# XPEL, Inc.: overview

XPEL · Nasdaq · CIK 1767258 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/xpel.md) · [Financials](/companies/xpel/financials.md) · [Filings](/companies/xpel/filings.md) · [Insiders](/companies/xpel/insiders.md)

Latest reported revenue: [$143.1m](/filings/0001767258-26-000074.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 7, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001767258-26-000074).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [113](/filings/0001767258-25-000068.md) | [108 d](/filings/0001767258-26-000014.md) | [104](/filings/0001767258-26-000038.md) | [125](/filings/0001767258-26-000074.md) | [125](/filings/0001767258-25-000068.md) | [122 d](/filings/0001767258-26-000014.md) | [117](/filings/0001767258-26-000038.md) | [143](/filings/0001767258-26-000074.md) |
| Gross margin | % | [42.5%](/filings/0001767258-25-000068.md) | [40.6% d](/filings/0001767258-26-000014.md) | [42.3%](/filings/0001767258-26-000038.md) | [42.9%](/filings/0001767258-26-000074.md) | [41.8%](/filings/0001767258-25-000068.md) | [41.9% d](/filings/0001767258-26-000014.md) | [43.7%](/filings/0001767258-26-000038.md) | [44.1%](/filings/0001767258-26-000074.md) |
| Operating margin | % | [16.3%](/filings/0001767258-25-000068.md) | [11.5% d](/filings/0001767258-26-000014.md) | [10.7%](/filings/0001767258-26-000038.md) | [15.5%](/filings/0001767258-26-000074.md) | [13.4%](/filings/0001767258-25-000068.md) | [12.7% d](/filings/0001767258-26-000014.md) | [11.1%](/filings/0001767258-26-000038.md) | [16.2%](/filings/0001767258-26-000074.md) |
| Net margin | % | [13.2%](/filings/0001767258-25-000068.md) | [8.3% d](/filings/0001767258-26-000014.md) | [8.3%](/filings/0001767258-26-000038.md) | [13.1%](/filings/0001767258-26-000074.md) | [10.3%](/filings/0001767258-25-000068.md) | [11.0% d](/filings/0001767258-26-000014.md) | [8.8%](/filings/0001767258-26-000038.md) | [12.6%](/filings/0001767258-26-000074.md) |
| Diluted EPS | $ per share | [0.54](/filings/0001767258-25-000068.md) | not reported | [0.31](/filings/0001767258-26-000038.md) | [0.59](/filings/0001767258-26-000074.md) | [0.47](/filings/0001767258-25-000068.md) | not reported | [0.37](/filings/0001767258-26-000038.md) | [0.65](/filings/0001767258-26-000074.md) |
| Free cash flow | $m | [18.3 d](/filings/0001767258-25-000068.md) | [4.7 d](/filings/0001767258-26-000014.md) | [2.2](/filings/0001767258-26-000038.md) | [26.9 d](/filings/0001767258-26-000074.md) | [32.2 d](/filings/0001767258-25-000068.md) | [1.6 d](/filings/0001767258-26-000014.md) | [(2.3)](/filings/0001767258-26-000038.md) | [(34.3) d](/filings/0001767258-26-000074.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [259](/filings/0001767258-24-000009.md) | [324](/filings/0001767258-25-000008.md) | [396](/filings/0001767258-26-000014.md) | [420](/filings/0001767258-26-000014.md) | [476](/filings/0001767258-26-000014.md) |
| Gross margin | % | [35.7%](/filings/0001767258-24-000009.md) | [39.4%](/filings/0001767258-25-000008.md) | [41.0%](/filings/0001767258-26-000014.md) | [42.2%](/filings/0001767258-26-000014.md) | [42.2%](/filings/0001767258-26-000014.md) |
| Operating margin | % | [15.5%](/filings/0001767258-24-000009.md) | [16.6%](/filings/0001767258-25-000008.md) | [16.9%](/filings/0001767258-26-000014.md) | [14.1%](/filings/0001767258-26-000014.md) | [13.2%](/filings/0001767258-26-000014.md) |
| Net margin | % | [12.2%](/filings/0001767258-24-000009.md) | [12.8%](/filings/0001767258-25-000008.md) | [13.3%](/filings/0001767258-26-000014.md) | [10.8%](/filings/0001767258-26-000014.md) | [10.8%](/filings/0001767258-26-000014.md) |
| Diluted EPS | $ per share | [1.14](/filings/0001767258-24-000009.md) | [1.50](/filings/0001767258-25-000008.md) | [1.91](/filings/0001767258-26-000014.md) | [1.65](/filings/0001767258-26-000014.md) | [1.85](/filings/0001767258-26-000014.md) |
| Free cash flow | $m | [11.5](/filings/0001767258-24-000009.md) | [4.1](/filings/0001767258-25-000008.md) | [31.0](/filings/0001767258-26-000014.md) | [41.1](/filings/0001767258-26-000014.md) | [62.9](/filings/0001767258-26-000014.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/xpel/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $190.1m | 3,833,547 |  | Added +134,294 |
| [WASATCH ADVISORS LP](/funds/814133.md) | 2026-06-30 | $181.1m | 3,650,489 |  | Reduced −194,085 |
| [ALTA FOX CAPITAL MANAGEMENT, LLC](/funds/1858353.md) | 2026-06-30 | $98.7m | 1,989,758 |  | Added +65,500 |
| [SCS Capital Management LLC](/funds/1303159.md) | 2026-06-30 | $61.6m | 1,241,540 |  | Unchanged |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $52.1m | 1,051,124 |  | Added +6,311 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $48.2m | 971,187 |  | Added +44,462 |
| [SCHWARTZ INVESTMENT COUNSEL INC](/funds/909151.md) | 2026-06-30 | $40.8m | 822,824 |  | Reduced −2,015 |
| [WESTWOOD HOLDINGS GROUP INC](/funds/1165002.md) | 2026-06-30 | $40.2m | 810,906 |  | Added +5,360 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $32.6m | 656,280 |  | Added +36,977 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $26.9m | 542,278 |  | Added +54,251 |

## Recent filings

[All 585 filings](/companies/xpel/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-07 | 12:49 ET | [10-Q](/filings/0001767258-26-000074.md) | Quarterly report, period 2026-06-30 | 0001767258-26-000074 |
| 2026-08-05 | 12:02 ET | [8-K](/filings/0001767258-26-000071.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001767258-26-000071 |
| 2026-07-31 | 22:36 ET | [8-K](/filings/0001767258-26-000066.md) | 5.02 Departure or appointment of officers or directors | 0001767258-26-000066 |
| 2026-06-15 | 21:09 ET | [8-K](/filings/0001767258-26-000050.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001767258-26-000050 |
| 2026-05-20 | 12:45 ET | [8-K](/filings/0001767258-26-000043.md) | 1.01 Entry into a material agreement; 2.01 Completion of an acquisition or disposition; 2.03 New direct financial obligation; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001767258-26-000043 |
| 2026-05-08 | 12:46 ET | [10-Q](/filings/0001767258-26-000038.md) | Quarterly report, period 2026-03-31 | 0001767258-26-000038 |
| 2026-05-06 | 12:46 ET | [8-K](/filings/0001767258-26-000032.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001767258-26-000032 |
| 2026-04-30 | 21:13 ET | [DEF 14A](/filings/0001767258-26-000020.md) | Proxy statement, period 2026-06-10 | 0001767258-26-000020 |
| 2026-04-29 | 20:46 ET | [8-K](/filings/0001767258-26-000017.md) | 5.02 Departure or appointment of officers or directors | 0001767258-26-000017 |
| 2026-02-27 | 13:59 ET | [10-K](/filings/0001767258-26-000014.md) | Annual report, period 2025-12-31 | 0001767258-26-000014 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001767258-26-000014.md), filed Feb 27, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/49b3f767-3089-45f4-b275-af342edc39f5)

## About the filer

- CIK: 1767258
- Tickers: XPEL
- Exchange: Nasdaq
- SIC code: 3470 Coating, Engraving & Allied Services
- State of incorporation: NV
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:47 ET. No prices; not investment advice.