# XPEL, Inc.: financial statements, quarterly

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)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/xpel/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | 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 | [103](/filings/0001767258-24-000043.md) | [106 d](/filings/0001767258-26-000014.md) | [90.1](/filings/0001767258-25-000028.md) | [110](/filings/0001767258-25-000051.md) | [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) |
| Cost of revenue | $m | [61.1](/filings/0001767258-24-000043.md) | [64.6 d](/filings/0001767258-26-000014.md) | [52.2](/filings/0001767258-25-000028.md) | [62.1](/filings/0001767258-25-000051.md) | [64.9](/filings/0001767258-25-000068.md) | [63.8 d](/filings/0001767258-26-000014.md) | [59.9](/filings/0001767258-26-000038.md) | [71.2](/filings/0001767258-26-000074.md) | [73.0](/filings/0001767258-25-000068.md) | [71.1 d](/filings/0001767258-26-000014.md) | [66.1](/filings/0001767258-26-000038.md) | [79.9](/filings/0001767258-26-000074.md) |
| Gross profit | $m | [41.5](/filings/0001767258-24-000043.md) | [40.9 d](/filings/0001767258-26-000014.md) | [37.9](/filings/0001767258-25-000028.md) | [47.9](/filings/0001767258-25-000051.md) | [47.9](/filings/0001767258-25-000068.md) | [43.7 d](/filings/0001767258-26-000014.md) | [43.9](/filings/0001767258-26-000038.md) | [53.5](/filings/0001767258-26-000074.md) | [52.4](/filings/0001767258-25-000068.md) | [51.2 d](/filings/0001767258-26-000014.md) | [51.2](/filings/0001767258-26-000038.md) | [63.1](/filings/0001767258-26-000074.md) |
| Operating income | $m | [17.6](/filings/0001767258-24-000043.md) | [14.2 d](/filings/0001767258-26-000014.md) | [9.2](/filings/0001767258-25-000028.md) | [19.2](/filings/0001767258-25-000051.md) | [18.4](/filings/0001767258-25-000068.md) | [12.3 d](/filings/0001767258-26-000014.md) | [11.1](/filings/0001767258-26-000038.md) | [19.3](/filings/0001767258-26-000074.md) | [16.8](/filings/0001767258-25-000068.md) | [15.5 d](/filings/0001767258-26-000014.md) | [13.0](/filings/0001767258-26-000038.md) | [23.2](/filings/0001767258-26-000074.md) |
| Interest expense | $m | [0.1](/filings/0001767258-23-000067.md) | [0.3 d](/filings/0001767258-24-000009.md) | [0.5](/filings/0001767258-24-000030.md) | [0.4](/filings/0001767258-25-000051.md) | [0.1](/filings/0001767258-25-000068.md) | [0.0 d](/filings/0001767258-26-000014.md) | [0.1](/filings/0001767258-26-000038.md) | [0.0](/filings/0001767258-26-000074.md) | [0.0](/filings/0001767258-25-000068.md) | [0.0 d](/filings/0001767258-26-000014.md) | [0.0](/filings/0001767258-26-000038.md) | [0.3](/filings/0001767258-26-000074.md) |
| Income tax | $m | [3.5](/filings/0001767258-24-000043.md) | [2.7 d](/filings/0001767258-26-000014.md) | [1.8](/filings/0001767258-25-000028.md) | [3.5](/filings/0001767258-25-000051.md) | [3.7](/filings/0001767258-25-000068.md) | [2.3 d](/filings/0001767258-26-000014.md) | [2.7](/filings/0001767258-26-000038.md) | [4.1](/filings/0001767258-26-000074.md) | [3.5](/filings/0001767258-25-000068.md) | [2.2 d](/filings/0001767258-26-000014.md) | [2.8](/filings/0001767258-26-000038.md) | [5.1](/filings/0001767258-26-000074.md) |
| Net income | $m | [13.7](/filings/0001767258-24-000043.md) | [12.0 d](/filings/0001767258-26-000014.md) | [6.7](/filings/0001767258-25-000028.md) | [15.0](/filings/0001767258-25-000051.md) | [14.9](/filings/0001767258-25-000068.md) | [8.9 d](/filings/0001767258-26-000014.md) | [8.6](/filings/0001767258-26-000038.md) | [16.3](/filings/0001767258-26-000074.md) | [12.9](/filings/0001767258-25-000068.md) | [13.4 d](/filings/0001767258-26-000014.md) | [10.3](/filings/0001767258-26-000038.md) | [18.0](/filings/0001767258-26-000074.md) |
| Diluted EPS | $ per share | [0.49](/filings/0001767258-24-000043.md) | not reported | [0.24](/filings/0001767258-25-000028.md) | [0.54](/filings/0001767258-25-000051.md) | [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) |
| Basic EPS | $ per share | [0.49](/filings/0001767258-24-000043.md) | not reported | [0.24](/filings/0001767258-25-000028.md) | [0.54](/filings/0001767258-25-000051.md) | [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) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Gross profit: us-gaap:GrossProfit
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense, us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [10.4](/filings/0001767258-23-000067.md) | [11.6](/filings/0001767258-25-000008.md) | [8.6](/filings/0001767258-24-000030.md) | [15.0](/filings/0001767258-24-000037.md) | [21.0](/filings/0001767258-24-000043.md) | [22.1](/filings/0001767258-26-000014.md) | [23.5](/filings/0001767258-25-000028.md) | [49.6](/filings/0001767258-25-000051.md) | [64.5](/filings/0001767258-25-000068.md) | [50.9](/filings/0001767258-26-000074.md) | [45.1](/filings/0001767258-26-000038.md) | [40.7](/filings/0001767258-26-000074.md) |
| Current assets | $m | [138](/filings/0001767258-23-000067.md) | [146](/filings/0001767258-25-000008.md) | [153](/filings/0001767258-24-000030.md) | [148](/filings/0001767258-24-000037.md) | [159](/filings/0001767258-24-000043.md) | [168](/filings/0001767258-26-000014.md) | [178](/filings/0001767258-25-000028.md) | [197](/filings/0001767258-25-000051.md) | [235](/filings/0001767258-25-000068.md) | [231](/filings/0001767258-26-000074.md) | [237](/filings/0001767258-26-000038.md) | [227](/filings/0001767258-26-000074.md) |
| Total assets | $m | [227](/filings/0001767258-23-000067.md) | [252](/filings/0001767258-25-000008.md) | [258](/filings/0001767258-24-000030.md) | [262](/filings/0001767258-24-000037.md) | [273](/filings/0001767258-24-000043.md) | [286](/filings/0001767258-26-000014.md) | [295](/filings/0001767258-25-000028.md) | [318](/filings/0001767258-25-000051.md) | [388](/filings/0001767258-25-000068.md) | [383](/filings/0001767258-26-000074.md) | [394](/filings/0001767258-26-000038.md) | [473](/filings/0001767258-26-000074.md) |
| Current liabilities | $m | [46.5](/filings/0001767258-23-000067.md) | [36.5](/filings/0001767258-25-000008.md) | [31.8](/filings/0001767258-24-000030.md) | [31.0](/filings/0001767258-24-000037.md) | [36.5](/filings/0001767258-24-000043.md) | [41.5](/filings/0001767258-26-000014.md) | [41.6](/filings/0001767258-25-000028.md) | [44.6](/filings/0001767258-25-000051.md) | [84.3](/filings/0001767258-25-000068.md) | [71.0](/filings/0001767258-26-000074.md) | [77.2](/filings/0001767258-26-000038.md) | [86.9](/filings/0001767258-26-000074.md) |
| Total liabilities | $m | [60.2](/filings/0001767258-23-000067.md) | [72.1](/filings/0001767258-25-000008.md) | [72.1](/filings/0001767258-24-000030.md) | [59.9](/filings/0001767258-24-000037.md) | [54.3](/filings/0001767258-24-000043.md) | [60.2](/filings/0001767258-26-000014.md) | [59.4](/filings/0001767258-25-000028.md) | [62.4](/filings/0001767258-25-000051.md) | [114](/filings/0001767258-25-000068.md) | [97.3](/filings/0001767258-26-000074.md) | [102](/filings/0001767258-26-000038.md) | [154](/filings/0001767258-26-000074.md) |
| Long-term debt | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | [0.0](/filings/0001767258-26-000074.md) | not reported | [43.5](/filings/0001767258-26-000074.md) |
| Short-term borrowings | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | [0.1](/filings/0001767258-26-000074.md) | not reported | [1.3](/filings/0001767258-26-000074.md) |
| Shareholders' equity | $m | [167](/filings/0001767258-23-000067.md) | [180](/filings/0001767258-25-000028.md) | [186](/filings/0001767258-25-000028.md) | [202](/filings/0001767258-24-000037.md) | [219](/filings/0001767258-24-000043.md) | [225](/filings/0001767258-26-000014.md) | [235](/filings/0001767258-25-000028.md) | [256](/filings/0001767258-25-000051.md) | [269](/filings/0001767258-25-000068.md) | [280](/filings/0001767258-26-000074.md) | [288](/filings/0001767258-26-000038.md) | [306](/filings/0001767258-26-000074.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Short-term borrowings: us-gaap:ShortTermBorrowings
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | 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) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [11.1 d](/filings/0001767258-24-000043.md) | [(1.1) d](/filings/0001767258-26-000014.md) | [(5.0)](/filings/0001767258-25-000028.md) | [26.9 d](/filings/0001767258-25-000051.md) | [19.6 d](/filings/0001767258-25-000068.md) | [6.3 d](/filings/0001767258-26-000014.md) | [3.2](/filings/0001767258-26-000038.md) | [27.9 d](/filings/0001767258-26-000074.md) | [33.2 d](/filings/0001767258-25-000068.md) | [2.7 d](/filings/0001767258-26-000014.md) | [7.4](/filings/0001767258-26-000038.md) | [30.8 d](/filings/0001767258-26-000074.md) |
| Capital expenditure | $m | [1.4 d](/filings/0001767258-24-000043.md) | [1.6 d](/filings/0001767258-26-000014.md) | [2.0](/filings/0001767258-25-000028.md) | [1.8 d](/filings/0001767258-25-000051.md) | [1.3 d](/filings/0001767258-25-000068.md) | [1.6 d](/filings/0001767258-26-000014.md) | [1.0](/filings/0001767258-26-000038.md) | [0.9 d](/filings/0001767258-26-000074.md) | [1.0 d](/filings/0001767258-25-000068.md) | [1.1 d](/filings/0001767258-26-000014.md) | [9.7](/filings/0001767258-26-000038.md) | [65.1 d](/filings/0001767258-26-000074.md) |
| Share repurchases | $m | not reported | not reported | not reported | not reported | not reported | not reported | [0.0](/filings/0001767258-26-000038.md) | [0.0 d](/filings/0001767258-26-000074.md) | not reported | not reported | [2.9](/filings/0001767258-26-000038.md) | [0.0 d](/filings/0001767258-26-000074.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [27.6](/filings/0001767258-23-000067.md) | [27.6](/filings/0001767258-24-000030.md) | [27.6](/filings/0001767258-24-000037.md) | [27.6](/filings/0001767258-24-000043.md) | [27.6](/filings/0001767258-25-000028.md) | [27.6](/filings/0001767258-25-000051.md) | [27.6](/filings/0001767258-25-000068.md) | [27.7](/filings/0001767258-26-000038.md) | [27.7](/filings/0001767258-26-000074.md) | [27.7](/filings/0001767258-25-000068.md) | [27.7](/filings/0001767258-26-000038.md) | [27.6](/filings/0001767258-26-000074.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 27,570,748 at 2026-08-07, from the cover of the [10-Q filed 2026-08-07](/filings/0001767258-26-000074.md) (dei:EntityCommonStockSharesOutstanding).

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