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XPEL, Inc. XPEL Notes Payable

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Other financials

Income statement

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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

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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

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Operating cash flow$7.4M+129%
CapEx$9.7M+869%
Free cash flow-$2.3M-205%

Valuation

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Market cap$1.26B+26.3%
Enterprise value$1.24B+24.2%
P/E23.8×+2.7×
P/S2.6×+0.3×

Profitability

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Gross margin42.5%+0.3pp
Operating margin13.2%-0.9pp
Net margin10.8%-0.1pp
FCF margin11.9%+0.3pp

Returns & leverage

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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:NotesPayableCurrent.

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 notes payable?
XPEL, Inc. (XPEL) reported notes payable of $0 in Q1 2026.
How has XPEL, Inc.'s notes payable changed year-over-year?
XPEL, Inc.'s notes payable decreased by 100.0% year-over-year, from $65K to $0.
What is the long-term trend for XPEL, Inc.'s notes payable?
Over 5 years (2020 to 2025), XPEL, Inc.'s notes payable has grown at a -53.0% compound annual growth rate (CAGR), from $2.57M to $59K.
What does notes payable mean?
Notes payable represents formal written promises to pay a specific sum of money to a creditor at a future date, typically involving interest obligations. This liability reflects the company's reliance on debt financing through promissory notes to manage working capital or fund operational requirements. Monitoring this balance helps investors assess the company's short-term liquidity risk and its overall dependence on external credit facilities.