XPEL, Inc. (XPEL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 117.35M | 122.27M | 125.42M | 124.71M | 103.81M | 107.53M | 112.85M | 109.92M | 90.1M | 105.54M | 102.68M | 102.24M | 85.84M | 78.48M | 89.76M | 83.89M | 71.86M | 70.13M | 68.53M | 68.74M |
| Revenue Growth % | 13.05% | 13.71% | 11.13% | 13.46% | 15.21% | 1.88% | 9.91% | 7.51% | 4.96% | 34.48% | 14.39% | 21.87% | 19.45% | 11.9% | 30.98% | 22.05% | 38.56% | 44.28% | 48.58% | 91.97% |
| Cost of Goods Sold | 66.12M | 71.08M | 72.99M | 71.2M | 59.91M | 63.82M | 64.94M | 62.05M | 52.23M | 64.61M | 61.15M | 58.24M | 49.88M | 47.44M | 53.99M | 50.91M | 44.15M | 45.44M | 44.08M | 43.49M |
| COGS % of Revenue | 56.35% | 58.14% | 58.2% | 57.09% | 57.71% | 59.36% | 57.54% | 56.45% | 57.96% | 61.22% | 59.55% | 56.97% | 58.11% | 60.44% | 60.15% | 60.68% | 61.43% | 64.8% | 64.32% | 63.27% |
| Gross Profit | 51.23M | 51.18M | 52.42M | 53.52M | 43.9M | 43.7M | 47.92M | 47.87M | 37.88M | 40.93M | 41.53M | 43.99M | 35.96M | 31.05M | 35.77M | 32.98M | 27.72M | 24.69M | 24.45M | 25.25M |
| Gross Margin % | 43.65% | 41.86% | 41.8% | 42.91% | 42.29% | 40.64% | 42.46% | 43.55% | 42.04% | 38.78% | 40.45% | 43.03% | 41.89% | 39.56% | 39.85% | 39.32% | 38.57% | 35.2% | 35.68% | 36.73% |
| Gross Profit Growth % | 16.71% | 17.12% | 9.41% | 11.81% | 15.89% | 6.77% | 15.38% | 8.8% | 5.33% | 31.84% | 16.11% | 33.38% | 29.74% | 25.75% | 46.26% | 30.64% | 51.57% | 54.7% | 52.55% | 115.07% |
| Operating Expenses | 38.22M | 35.7M | 35.67M | 34.22M | 32.78M | 31.36M | 29.53M | 28.68M | 28.65M | 26.71M | 23.9M | 23.8M | 21.03M | 20.2M | 18.46M | 17.23M | 17.68M | 16.16M | 14.09M | 12.57M |
| OpEx % of Revenue | 32.57% | 29.2% | 28.44% | 27.44% | 31.57% | 29.16% | 26.17% | 26.09% | 31.79% | 25.31% | 23.28% | 23.28% | 24.5% | 25.74% | 20.57% | 20.54% | 24.6% | 23.04% | 20.56% | 18.29% |
| Selling, General & Admin | 38.22M | 35.7M | 35.67M | 34.22M | 32.78M | 31.36M | 29.53M | 28.68M | 28.65M | 26.71M | 23.9M | 23.8M | 21.03M | 20.2M | 18.46M | 17.23M | 17.68M | 16.16M | 14.09M | 12.57M |
| SG&A % of Revenue | 32.57% | 29.2% | 28.44% | 27.44% | 31.57% | 29.16% | 26.17% | 26.09% | 31.79% | 25.31% | 23.28% | 23.28% | 24.5% | 25.74% | 20.57% | 20.54% | 24.6% | 23.04% | 20.56% | 18.29% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 2.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | 2.7% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 1K | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 13.01M | 15.48M | 16.75M | 19.3M | 11.12M | 12.35M | 18.39M | 19.19M | 9.23M | 14.22M | 17.63M | 20.19M | 14.93M | 10.85M | 17.31M | 15.75M | 10.04M | 8.53M | 10.37M | 12.67M |
| Operating Margin % | 11.09% | 12.66% | 13.36% | 15.47% | 10.71% | 11.48% | 16.29% | 17.46% | 10.24% | 13.48% | 17.17% | 19.75% | 17.39% | 13.82% | 19.28% | 18.77% | 13.97% | 12.16% | 15.13% | 18.44% |
| Operating Income Growth % | 17.01% | 25.39% | -8.9% | 0.58% | 20.49% | -13.21% | 4.3% | -4.98% | -38.19% | 31.16% | 1.86% | 28.21% | 48.76% | 27.16% | 66.94% | 24.28% | 17.43% | 16.33% | 23.22% | 146.52% |
| EBITDA | 16.69M | 21.63M | 20.05M | 22.39M | 14.18M | 15.41M | 21.37M | 22.09M | 11.97M | 16.93M | 20.13M | 22.49M | 17.06M | 12.95M | 19.31M | 17.65M | 11.87M | 10.24M | 11.56M | 13.51M |
| EBITDA Margin % | 14.22% | 17.69% | 15.99% | 17.96% | 13.66% | 14.33% | 18.93% | 20.09% | 13.29% | 16.04% | 19.6% | 22% | 19.88% | 16.49% | 21.51% | 21.04% | 16.52% | 14.6% | 16.86% | 19.66% |
| EBITDA Growth % | 17.76% | 40.4% | -6.14% | 1.39% | 18.41% | -8.99% | 6.15% | -1.8% | -29.84% | 30.77% | 4.26% | 27.43% | 43.77% | 26.44% | 67.06% | 30.59% | 29.11% | 28.51% | 28.71% | 138.49% |
| D&A (Non-Cash Add-back) | 3.68M | 6.15M | 3.3M | 3.1M | 3.06M | 3.06M | 2.98M | 2.9M | 2.74M | 2.7M | 2.5M | 2.3M | 2.13M | 2.1M | 2M | 1.9M | 1.83M | 1.71M | 1.19M | 842.3K |
| EBIT | 13.01M | 15.81M | 16.64M | 20.34M | 11.36M | 11.19M | 18.72M | 18.91M | 9.23M | 14.95M | 17.23M | 20.16M | 14.93M | 11.12M | 16.93M | 15.29M | 10.03M | 8.28M | 10.22M | 12.73M |
| Net Interest Income | -4K | -1K | -1K | -7K | -75K | -34K | -97K | -392K | -473K | -302K | -85K | -338K | -523K | -477K | -391K | -322K | -220K | -159.58K | -46K | -44K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 433 | 0 |
| Interest Expense | 4K | 1K | 1K | 7K | 75K | 34K | 97K | 392K | 473K | 301K | 85K | 338K | 523K | 477K | 391K | 322K | 220K | 159.58K | 46.43K | 44K |
| Other Income/Expense | 276K | 331K | -111K | 1.03M | 160K | -1.19M | 235K | -667K | -745K | 424K | -483K | -370K | -514K | -206K | -763K | -779K | -225K | -411.02K | -195K | 19K |
| Pretax Income | 13.29M | 15.81M | 16.64M | 20.33M | 11.28M | 11.15M | 18.62M | 18.52M | 8.48M | 14.65M | 17.15M | 19.82M | 14.42M | 10.64M | 16.54M | 14.97M | 9.81M | 8.12M | 10.17M | 12.69M |
| Pretax Margin % | 11.32% | 12.93% | 13.27% | 16.3% | 10.87% | 10.37% | 16.5% | 16.85% | 9.42% | 13.88% | 16.7% | 19.39% | 16.79% | 13.56% | 18.43% | 17.84% | 13.65% | 11.58% | 14.84% | 18.46% |
| Income Tax | 2.78M | 2.15M | 3.5M | 4.12M | 2.69M | 2.26M | 3.73M | 3.49M | 1.82M | 2.68M | 3.49M | 4.08M | 2.98M | 2.28M | 3.23M | 3.07M | 2.01M | 1.91M | 1.84M | 2.5M |
| Effective Tax Rate % | 20.94% | 13.6% | 21.06% | 20.28% | 23.88% | 20.23% | 20.03% | 18.82% | 21.43% | 18.28% | 20.35% | 20.58% | 20.7% | 21.45% | 19.5% | 20.49% | 20.47% | 23.58% | 18.1% | 19.74% |
| Net Income | 10.35M | 13.41M | 12.94M | 16.29M | 8.59M | 8.9M | 14.89M | 15.03M | 6.67M | 11.97M | 13.66M | 15.74M | 11.43M | 8.36M | 13.32M | 11.9M | 7.8M | 6.2M | 8.33M | 10.19M |
| Net Margin % | 8.82% | 10.97% | 10.32% | 13.06% | 8.27% | 8.28% | 13.2% | 13.68% | 7.4% | 11.34% | 13.3% | 15.4% | 13.32% | 10.65% | 14.84% | 14.19% | 10.86% | 8.85% | 12.16% | 14.82% |
| Net Income Growth % | 20.49% | 50.71% | -13.11% | 8.36% | 28.8% | -25.66% | 9.05% | -4.5% | -41.7% | 43.23% | 2.54% | 32.26% | 46.52% | 34.71% | 59.86% | 16.85% | 13.96% | 1.89% | 26.07% | 156.34% |
| Net Income (Continuing) | 10.51M | 13.66M | 13.13M | 16.21M | 8.59M | 8.9M | 14.89M | 15.03M | 6.67M | 11.97M | 13.66M | 15.74M | 11.43M | 8.36M | 13.32M | 11.9M | 7.8M | 6.2M | 8.33M | 10.19M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 5.08M | 4.9M | 4.58M | -82K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.37 | 0.48 | 0.47 | 0.59 | 0.31 | 0.32 | 0.54 | 0.54 | 0.24 | 0.43 | 0.49 | 0.57 | 0.41 | 0.30 | 0.48 | 0.43 | 0.28 | 0.22 | 0.30 | 0.37 |
| EPS Growth % | 19.35% | 50% | -12.96% | 9.26% | 29.17% | -25.58% | 10.2% | -5.26% | -41.46% | 43.33% | 2.08% | 32.56% | 46.43% | 36.36% | 60% | 16.22% | 12% | 0% | 25% | 164.29% |
| EPS (Basic) | 0.37 | 0.49 | 0.47 | 0.59 | 0.31 | 0.32 | 0.54 | 0.54 | 0.24 | 0.43 | 0.49 | 0.57 | 0.41 | 0.30 | 0.48 | 0.43 | 0.28 | 0.22 | 0.30 | 0.37 |
| Diluted Shares Outstanding | 27.67M | 27.68M | 27.7M | 27.67M | 27.68M | 27.66M | 27.64M | 27.64M | 27.64M | 27.63M | 27.64M | 27.63M | 27.63M | 27.62M | 27.62M | 27.61M | 27.61M | 27.61M | 27.61M | 27.61M |
| Basic Shares Outstanding | 27.59M | 27.64M | 27.68M | 27.67M | 27.66M | 27.65M | 27.64M | 27.64M | 27.63M | 27.63M | 27.62M | 27.62M | 27.62M | 27.62M | 27.62M | 27.61M | 27.61M | 27.61M | 27.61M | 27.61M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |