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XPEL, Inc. XPEL Business Segments — Gross Profit

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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+50.4%
Enterprise value$1.24B+47.9%
P/E23.8×+6.1×
P/S2.6×+0.6×

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:GrossProfit.

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 business segments — gross profit?
XPEL, Inc. (XPEL) reported business segments — gross profit of $51.23M in Q1 2026.
How has XPEL, Inc.'s business segments — gross profit changed year-over-year?
XPEL, Inc.'s business segments — gross profit increased by 16.7% year-over-year, from $43.9M to $51.23M.
What is the long-term trend for XPEL, Inc.'s business segments — gross profit?
Over 2 years (2023 to 2025), XPEL, Inc.'s business segments — gross profit has grown at a 11.3% compound annual growth rate (CAGR), from $162.41M to $201.02M.
What does business segments — gross profit mean?
Calculated as the segment's total revenue minus direct product costs, representing the core profitability of the segment's offerings. It serves as a primary indicator of pricing power and the efficiency of the segment's production or procurement processes.