What is XPEL, Inc.'s deferred taxes?

XPEL, Inc. (XPEL) reported deferred taxes of -$442K in Q1 2026.

How has XPEL, Inc.'s deferred taxes changed year-over-year?

XPEL, Inc.'s deferred taxes increased by 42.3% year-over-year, from -$766K to -$442K.

What is the long-term trend for XPEL, Inc.'s deferred taxes?

Over 3 years (2021 to 2024), XPEL, Inc.'s deferred taxes has grown at a 38.7% compound annual growth rate (CAGR), from $1.03M to -$2.75M.

What does deferred taxes mean?

Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.

XPEL, Inc. XPEL Deferred Taxes

Deferred Taxes at other companies

3MMMM

$75M-50.0%

Eastman ChemicalEMN

-$5M-66.7%

QXO, Inc.QXO

-$53.3M—

PPG IndustriesPPG

$11M+155%

Axalta Coating SystemsAXTA

$11M+37.5%

RPM InternationalRPM

$25.09M+259%

Segments

By segment

See full

Reportable Segment$2.78M+3.3%

Other financials

Income statement

See full

Revenue$117.4M+13.1%

Gross profit$51.2M+16.7%

Operating income$13.0M+17.0%

Net income$10.3M+20.5%

EPS (diluted)$0.37+19.4%

Balance sheet

See full

Cash & equivalents$45.1M+91.6%

Total debt$20.8M-1.0%

Total equity$287.5M+22.1%

Total assets$394.4M+33.8%

Cash flow

See full

Operating cash flow$7.4M+129%

CapEx$9.7M+869%

Free cash flow-$2.3M-205%

Valuation

See full

Market cap$1.26B+50.4%

Enterprise value$1.24B+47.9%

P/E23.8×+6.1×

P/S2.6×+0.6×

Profitability

See full

Gross margin42.5%+0.3pp

Operating margin13.2%-0.9pp

Net margin10.8%-0.1pp

FCF margin11.9%+0.3pp

Returns & leverage

See full

Return on equity20.3%-2.2pp

Debt / equity0.1×0.0×

Current ratio3.1×-1.2×

Where this comes from

Reported directly by XPEL, Inc. in its filing.

Tagged under the XBRL concept us-gaap:DeferredIncomeTaxesAndTaxCredits.

The official record: XPEL, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is XPEL, Inc.'s deferred taxes?: XPEL, Inc. (XPEL) reported deferred taxes of -$442K in Q1 2026.
How has XPEL, Inc.'s deferred taxes changed year-over-year?: XPEL, Inc.'s deferred taxes increased by 42.3% year-over-year, from -$766K to -$442K.
What is the long-term trend for XPEL, Inc.'s deferred taxes?: Over 3 years (2021 to 2024), XPEL, Inc.'s deferred taxes has grown at a 38.7% compound annual growth rate (CAGR), from $1.03M to -$2.75M.
What does deferred taxes mean?: Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.