XPEL, Inc. XPEL Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total Revenue by Product | ||||||
| Cutbank credits | $2.1M-43.0% | $4.08M+9.7% | $4.26M-5.4% | $4.52M-5.4% | $3.67M-8.6% | |
| Installation labor | $23.11M+23.9% | $23.83M+22.9% | $22.13M+16.9% | $22.45M+15.4% | $18.65M+11.6% | |
| Other | $1.21M+86.2% | —— | $4.29M+13.5% | $4.17M+7.8% | $652K-80.2% | |
| Paint protection film | $61.66M+9.3% | $66.76M+11.6% | $63.53M+4.9% | $62.67M+9.3% | $56.44M+15.2% | |
| Software | $2.23M+5.1% | $2.22M+5.7% | $2.21M+8.2% | $2.18M+9.5% | $2.12M+9.9% | |
| Window film | $23.26M+24.8% | $20.31M+10.0% | $27.64M+22.2% | $27.96M+27.0% | $18.64M+28.1% | |
| Total cost of sales by Product | ||||||
| Product revenue | $52.37M+8.1% | $57.5M+9.7% | $59.84M+10.9% | $58.19M+13.5% | $48.44M+15.0% | |
| Service revenue | $13.76M+20.0% | $13.59M+19.1% | $13.15M+19.9% | $13.01M+20.7% | $11.47M+13.6% | |
| Total Revenue by Geography | ||||||
| Asia Other | $5.69M+25.1% | $5.37M+2.1% | $5.55M+44.0% | $5.43M— | $4.55M— | |
| Asia Pacific | $17.4M+37.5% | $19.41M+33.8% | $15.62M+21.0% | $13.13M+203% | $12.66M+238% | |
| Canada | $8.4M-10.9% | $12.89M-3.6% | $12.98M-10.0% | $14.26M+7.4% | $9.43M-14.9% | |
| China | $11.71M+44.4% | $14.04M+51.9% | $10.07M+11.2% | $7.71M+75.1% | $8.11M+459% | |
| EU, UK, and Africa | $17.86M+19.0% | $15.2M+26.8% | $16.54M+28.8% | $17.35M— | $15.01M— | |
| India and Middle East | $6.77M+11.4% | $6.44M+9.7% | $5.72M+7.9% | $6.75M— | $6.08M— | |
| Latin America | $3.09M+20.5% | $2.76M+0.5% | $2.84M+0.5% | $2.84M-10.1% | $2.56M-12.6% | |
| North America | $72.24M+7.0% | $78.46M+8.3% | $84.7M+7.2% | $84.64M— | $67.5M— | |
| United States | $63.84M+9.9% | $65.57M+11.0% | $71.73M+11.1% | $70.39M+8.5% | $58.07M+11.6% | |
| Intangibles (Net) by Geography | ||||||
| Canada | $3.7M— | $3.95M-10.7% | $4.08M— | —— | —— | |
| China | $21.09M— | $19.72M— | $25.34M— | —— | —— | |
| United States | $19.19M— | $20.16M-12.9% | $20.9M— | —— | —— | |
| PP&E (Net) by Geography | ||||||
| Canada | $2.31M— | $2.44M+2.2% | $2.63M— | —— | —— | |
| China | $204K— | $127K— | $66K— | —— | —— | |
| United States | $19.55M— | $11.06M-17.1% | $11.31M— | —— | —— | |
| Goodwill by Geography | ||||||
| Canada | $10.22M— | $10.39M+6.4% | $10.24M— | —— | —— | |
| China | $10.66M— | $12.17M— | $5.71M— | —— | —— | |
| United States | $24.81M— | $24.81M+0.1% | $24.81M— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does XPEL, Inc. break its business down?
- XPEL, Inc. (XPEL) reports total revenue by product across 6 parts — Cutbank credits, Installation labor, Other, Paint protection film and Software. Each is extracted from the segment footnotes and tracked over time.
- Where does XPEL, Inc.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in XPEL, Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
