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XPEL, Inc. XPEL Equity Method Investments

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Other financials

Income statement

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Revenue$143.1M+14.7%
Gross profit$63.1M+18.0%
Operating income$23.2M+20.3%
Net income$18.0M+10.7%
EPS (diluted)$0.65+10.2%

Balance sheet

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Cash & equivalents$40.7M-18.0%
Total debt$63.6M+193%
Total equity$306.1M+19.7%
Total assets$472.6M+48.6%

Cash flow

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Operating cash flow$30.8M+10.4%
CapEx$65.1M+6,804%
Free cash flow-$34.3M-227%

Valuation

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Market cap$1.31B+36.9%
Enterprise value$1.34B+43.5%
P/E24×+4.3×
P/S2.6×+0.4×

Profitability

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Gross margin42.9%+0.8pp
Operating margin13.5%-0.1pp
Net margin10.8%-0.1pp
FCF margin-0.6%-12.2pp

Returns & leverage

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Return on equity19.5%-1.8pp
Debt / equity0.2×+0.1×
Current ratio2.6×-1.8×

Where this comes from

Reported directly by XPEL, Inc. in its filing.

Tagged under the XBRL concept us-gaap:EquityMethodInvestments.

The source filing: XPEL, Inc.’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 8:49 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001767258-26-000074

On May 15, 2026, the Company entered into a second amendment (the "Second Amendment") to the Credit Agreement with Wells Fargo Bank, N.A. (the "Credit Facility Amendment”). The Second Amendment was made in connection with the purchase of four properties located in San Antonio, Texas (the "Properties") made by Harvest Ventures Holding Company (“Harvest”), a wholly-owned subsidiary of the Company. The Credit Facility Amendment permits Harvest to incur indebtedness under the term loan described below (the "Term Loan") and the Company to (a) guarantee the Term Loan, (b) assign the real estate purchase agreement for the properties to Harvest, and (c) make an equity investment of up to $18.0 million in Harvest and in Harvest Industrial Corporation (a wholly-owned subsidiary of the Company formed to hold an air permit required by the Texas Commission on Environmental Quality) in connection with the acquisition of the Properties and certain other expenditures related to the Properties.

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is XPEL, Inc.'s equity method investments?
XPEL, Inc. (XPEL) reported equity method investments of $18M in Q2 2026.
What does equity method investments mean?
Investments in unconsolidated affiliates and joint ventures where the company has significant influence (typically 20-50% ownership), carried at proportional book value.

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