XPEL reported strong fourth quarter 2025 results with double-digit revenue growth, margin expansion, and significant increases in EBITDA and net income, driven by product and service revenue growth and operating leverage.
XPEL reported solid third quarter 2025 results with revenue growth of 11.1% year-over-year, stable gross margins, and continued profitability supported by product and international expansion.
XPEL delivered a strong second quarter 2025 with record revenue up 13.5% year-over-year, solid profitability, and healthy cash flows, driven by growth across product and service offerings and broad regional strength.:contentReference[oaicite:0]{index=0}
XPEL, Inc. delivered a solid performance in the first quarter of 2025, with total revenue increasing by 15.2% to $103.8 million and net income rising by 28.8% to $8.6 million. The company also announced a $50 million stock repurchase program, reflecting confidence in its financial position and future outlook.
XPEL's fourth quarter 2024 results showed a modest revenue increase of 1.9% to $107.5 million, but net income decreased by 25.7% to $8.9 million, and EBITDA fell by 19.3% to $14.3 million. The company's EPS also declined to $0.32 per share.
XPEL reported record revenue of $112.9 million in Q3 2024, a 9.9% increase year-over-year. Net income grew by 9.1% to $14.9 million, and EBITDA increased by 10.0% to $21.7 million. The U.S. region saw record revenue, while China experienced a decline. The company estimates Q4 revenue at $105 - $107 million.
XPEL reported record revenue of $109.9 million for the second quarter of 2024, a 7.5% increase year-over-year. However, net income decreased by 4.5% to $15.0 million, and EBITDA declined by 2.7% to $21.8 million. The company's gross margin remained relatively stable at 43.5%.
XPEL reported a 5.0% increase in revenue to $90.1 million for the first quarter of 2024. However, net income decreased by 41.7% to $6.7 million, and EBITDA decreased by 31.5% to $11.7 million. The company faced challenges in the U.S. market and a significant decline in revenue from China.
XPEL reported a 34.5% increase in revenue to $105.5 million for Q4 2023. Net income increased by 43.2% to $12.0 million, or $0.43 per share. The company's performance was driven by strong growth across end markets and product offerings.
XPEL reported a record revenue of $102.7 million in Q3 2023, a 14.4% increase compared to the same quarter last year. Net income also saw a slight increase of 2.5%, reaching $13.7 million, or $0.49 per share. The company's gross margin percentage improved to 40.4%.
XPEL reported record revenue of $102.2 million for the second quarter of 2023, a 21.9% increase compared to the same quarter last year. The company's gross margin improved to 43.0%, and net income grew by 32.3% to $15.7 million, or $0.57 per share.
XPEL reported a strong start to 2023 with a 19.5% increase in revenue to $85.8 million. The company's gross margin reached a new high of 41.9%, and net income grew by 46.5% to $11.4 million, or $0.41 per share.
XPEL reported an 11.9% increase in revenue for Q4 2022, reaching $78.5 million. Net income saw a substantial increase of 34.7%, amounting to $8.4 million, or $0.30 per share. The company's performance was impacted by approximately $3.5 million due to canceled China orders and $0.4 million in inventory write-offs.
XPEL reported strong third-quarter results, with revenue reaching a record $89.8 million, a 31.0% increase year-over-year. Gross margin improved to 39.8%, and net income grew by 59.9% to $13.3 million.
XPEL reported a record revenue of $83.9 million for the second quarter of 2022, a 22.0% increase compared to the same quarter last year. The gross margin improved to 39.3%. Net income grew by 16.8% to $11.9 million, and EBITDA increased by 26.6% to $17.2 million.
XPEL reported a strong first quarter with record revenue of $71.9 million, a 38.6% increase year-over-year. The gross margin improved to 38.6%, a new high for the company. Net income grew by 14.0% to $7.8 million, or $0.28 per share.
XPEL reported record revenue of $70.1 million for the fourth quarter of 2021, a 44.3% increase compared to the fourth quarter of 2020. Net income was $6.2 million, or $0.22 per basic and diluted share. The company closed and integrated seven acquisitions that will set us up for success in 2022 particularly as new car inventory rebuilds through the year.
XPEL reported a strong third quarter in 2021, with a significant increase in revenue and net income. Revenues increased by 48.6% to $68.5 million, while net income grew by 26.1% to $8.3 million, or $0.30 per basic and diluted share.
XPEL reported a record revenue of $68.7 million in the second quarter of 2021, representing a 92% increase compared to the same quarter of the previous year. Net income also grew significantly, reaching $10.2 million, a 156.3% increase compared to Q2 2020.
XPEL reported record revenue of $51.9 million, an 82.7% increase compared to Q1 2020. Net income grew by 324.9% to $6.8 million, or $0.25 per share.
XPEL reported record revenue of $48.6 million for Q4 2020, a 23.1% increase compared to Q4 2019. Net income also grew by 31.8% to $6.1 million, or $0.22 per share. The company's full-year revenue increased by 22.3% to $158.9 million.
XPEL reported a strong Q3 2020 with a 29.5% increase in revenue to $46.1 million. Net income grew by 46.5% to $6.6 million, and EBITDA increased by 50.5% to $9.0 million. The company's performance was driven by solid top and bottom-line growth across most regions, capitalizing on the increasing trend toward vehicle ownership.
XPEL reported a 19.0% increase in revenue and a 32.1% increase in net income for the second quarter of 2020, driven by strong performance in the United States and China. The company achieved record revenue in June and managed expenses effectively, leading to substantial net income growth and record operating cash flow.
XPEL reported a 14.8% increase in revenue to $28.4 million for the first quarter of 2020. Gross margin improved to 36.3%. Net income was $1.6 million or $0.06 per share.