XPEL Financial Statements
NASDAQ: XPELIndustrialsIndustrial SpecialtiesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
XPEL revenue and earnings
In fiscal 2025, XPEL generated $476.2 million in revenue, up 13.3% from fiscal 2024, its 7th consecutive year of revenue growth. Net income was $51.2 million (+12.6% year over year), for a net margin of 10.8% versus a median of 12.2% in the prior 5 years. Gross margin was 42.2% (flat year over year) and operating margin 13.2%.
Diluted earnings per share came in at $1.85, up from $1.65. Over the last 5 fiscal years, XPEL's revenue has grown at a 24.5% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
XPEL income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 476.20M | 420.40M | 396.29M | 323.99M | 259.26M | 158.92M | 129.93M | 109.92M |
| Revenue growth (YoY) | +13.27% | +6.08% | +22.32% | +24.97% | +63.14% | +22.31% | +18.21% | — |
| Cost of Revenue | 275.18M | 243.04M | 233.88M | 196.48M | 166.59M | 104.90M | 86.43M | 76.48M |
| Gross Profit | 201.02M | 177.36M | 162.41M | 127.51M | 92.68M | 54.02M | 43.51M | 33.44M |
| Operating Expenses | 138.37M | 118.21M | 95.44M | 73.58M | 52.56M | 30.66M | 26.42M | 21.63M |
| Research & Development | 2.90M | 2.90M | 2.90M | 400.00K | 400.00K | 100.00K | 602.45K | 223.89K |
| Selling, General & Admin | 138.37M | 118.21M | 95.44M | 73.58M | 52.56M | 30.66M | 26.42M | 21.63M |
| Operating Income | 62.65M | 59.15M | 66.97M | 53.94M | 40.12M | 23.37M | 17.09M | 11.81M |
| Interest Expense | 83.00K | 996.00K | 1.25M | 1.41M | 303.00K | 249.00K | 96.65K | 168.39K |
| Pretax Income | 64.06M | 56.78M | 66.03M | 51.97M | 39.44M | 22.80M | 16.95M | 11.48M |
| Income Tax | 12.47M | 11.29M | 13.23M | 10.58M | 7.87M | 4.52M | 2.96M | 2.76M |
| Net Income | 51.23M | 45.49M | 52.80M | 41.38M | 31.57M | 18.28M | 13.98M | 8.71M |
| Net Income growth (YoY) | +12.61% | -13.85% | +27.59% | +31.09% | +72.67% | +30.79% | +60.43% | — |
| EPS (Basic) | 1.85 | 1.65 | 1.91 | 1.50 | 1.14 | 0.66 | 0.51 | 0.32 |
| EPS (Diluted) | 1.85 | 1.65 | 1.91 | 1.50 | 1.14 | 0.66 | 0.51 | 0.32 |
| Shares Outstanding (Basic) | 27.66M | 27.64M | 27.62M | 27.61M | 27.61M | 27.61M | 27.61M | 27.61M |
| Shares Outstanding (Diluted) | 27.68M | 27.64M | 27.63M | 27.62M | 27.61M | 27.61M | 27.61M | 27.61M |
| EBITDA | 68.91M | 64.97M | 71.51M | 57.37M | 42.00M | 24.64M | 18.00M | 12.54M |
| Gross Margin | 42.21% | 42.19% | 40.98% | 39.36% | 35.75% | 33.99% | 33.48% | 30.42% |
| Operating Margin | 13.16% | 14.07% | 16.90% | 16.65% | 15.47% | 14.71% | 13.15% | 10.74% |
| Net Margin | 10.76% | 10.82% | 13.32% | 12.77% | 12.18% | 11.50% | 10.76% | 7.93% |
This table shows 8 annual periods of XPEL's income statement, from FY 2025 back to FY 2018, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow XPEL's reporting calendar. What is a income statement?