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XPEL, Inc. XPEL Cutbank credits — Total Revenue

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$23.11M+23.9%
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$2.23M+5.1%
Other
$1.21M+86.2%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 cutbank credits — total revenue?
XPEL, Inc. (XPEL) reported cutbank credits — total revenue of $2.1M in Q1 2026.
How has XPEL, Inc.'s cutbank credits — total revenue changed year-over-year?
XPEL, Inc.'s cutbank credits — total revenue decreased by 43.0% year-over-year, from $3.67M to $2.1M.
What is the long-term trend for XPEL, Inc.'s cutbank credits — total revenue?
Over 4 years (2021 to 2025), XPEL, Inc.'s cutbank credits — total revenue has grown at a 7.5% compound annual growth rate (CAGR), from $12.37M to $16.53M.
What does cutbank credits — total revenue mean?
This metric represents the total revenue generated from the company's proprietary software-based service offerings, specifically related to digital pattern cutting credits. It reflects the adoption and utilization of the company's design access software by its network of installers. This revenue stream serves as a key indicator of the company's recurring service model and the integration of its software ecosystem within its broader product portfolio.