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XPEL, Inc. XPEL Operating Income

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Segments

By segment

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Reportable Segment$23.22M+20.3%

Other financials

Income statement

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Revenue$143.1M+14.7%
Gross profit$63.1M+18.0%
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

Reported directly by XPEL, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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
Sales and marketing15,38611,86230,54923,737
General and administrative24,53922,35747,59543,258
Total operating expenses39,92534,21978,14466,995
Operating Income23,21519,29836,22630,418
Interest expense262726683
Foreign currency exchange gain(403)(1,039)(683)(1,275)
Income before income taxes23,35620,33036,64331,610
Income tax expense5,0534,1227,8366,816

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is XPEL, Inc.'s operating income?
XPEL, Inc. (XPEL) reported operating income of $23.22M in Q2 2026.
How has XPEL, Inc.'s operating income changed year-over-year?
XPEL, Inc.'s operating income increased by 20.3% year-over-year, from $19.3M to $23.22M.
What is the long-term trend for XPEL, Inc.'s operating income?
Over 4 years (2021 to 2025), XPEL, Inc.'s operating income has grown at a 11.8% compound annual growth rate (CAGR), from $40.11M to $62.65M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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