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XPEL, Inc. XPEL Gross Profit

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Segments

By segment

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Reportable Segment$63.14M+18.0%

Other financials

Income statement

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Revenue$143.1M+14.7%
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+37.6%
Enterprise value$1.34B+44.3%
P/E24×+4.4×
P/S2.6×+0.5×

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

Calculated from XPEL, Inc.’s reported figures.

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
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Cost of product sales65,46258,190117,828106,630
Cost of service14,45113,00628,20924,475
Total cost of sales79,91371,196146,037131,105
Gross Margin63,14053,517114,37097,413
Operating Expenses
Sales and marketing15,38611,86230,54923,737
General and administrative24,53922,35747,59543,258
Total operating expenses39,92534,21978,14466,995

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is XPEL, Inc.'s gross profit?
XPEL, Inc. (XPEL) reported gross profit of $63.14M in Q2 2026.
How has XPEL, Inc.'s gross profit changed year-over-year?
XPEL, Inc.'s gross profit increased by 18.0% year-over-year, from $53.52M to $63.14M.
What is the long-term trend for XPEL, Inc.'s gross profit?
Over 4 years (2021 to 2025), XPEL, Inc.'s gross profit has grown at a 21.4% compound annual growth rate (CAGR), from $92.68M to $201.02M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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