XPEL, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	489.75	476.2	420.4	396.29	323.99	259.26
Revenue Growth (YoY)	12.82%	13.27%	6.08%	22.31%	24.97%	63.14%
Cost of Revenue	281.4	275.18	243.04	233.88	196.48	166.59
Gross Profit	208.35	201.02	177.36	162.41	127.51	92.68
Selling, General & Admin	143.81	138.37	118.21	95.44	73.58	52.56
Total Operating Expenses	143.81	138.37	118.21	95.44	73.58	52.56
Operating Income	64.54	62.65	59.15	66.97	53.94	40.12
Interest Expense	-0.01	-0.08	-1	-1.25	-1.41	-0.3
Other Non-Operating Income (Expense)	1.54	1.5	-1.37	0.31	-0.56	-0.37
Total Non-Operating Income (Expense)	1.53	1.41	-2.37	-0.94	-1.97	-0.68
Pretax Income	66.07	64.06	56.78	66.03	51.97	39.44
Provision for Income Taxes	12.56	12.47	11.29	13.23	10.58	7.87
Net Income	52.99	51.23	45.49	52.8	41.38	31.57
Minority Interest in Earnings	-0.52	-0.36	-	-	-	-
Net Income to Common	52.99	51.23	45.49	52.8	41.38	31.57
Net Income Growth	11.76%	12.61%	-13.85%	27.59%	31.09%	72.67%
Shares Outstanding (Basic)	28	28	28	28	28	28
Shares Outstanding (Diluted)	28	28	28	28	28	28
Shares Change (YoY)	0.10%	0.14%	0.03%	0.07%	0.01%	-
EPS (Basic)	1.92	1.85	1.65	1.91	1.50	1.14
EPS (Diluted)	1.91	1.85	1.65	1.91	1.50	1.14
EPS Growth	11.70%	12.12%	-13.61%	27.33%	31.58%	72.73%
Shares Outstanding	27.56	27.6	27.65	27.63	27.62	27.61
Free Cash Flow	58.37	62.93	41.11	31.03	4.12	11.54
Free Cash Flow Growth	-7.25%	53.07%	32.50%	652.92%	-64.30%	-30.81%
Free Cash Flow Per Share	2.11	2.27	1.49	1.12	0.15	0.42
Gross Margin	42.54%	42.21%	42.19%	40.98%	39.36%	35.75%
Operating Margin	13.18%	13.16%	14.07%	16.90%	16.65%	15.47%
Profit Margin	10.93%	10.83%	10.82%	13.32%	12.77%	12.18%
FCF Margin	11.92%	13.21%	9.78%	7.83%	1.27%	4.45%
EBITDA	78.42	75.9	70.84	76.57	61.77	44.5
EBITDA Margin	16.01%	15.94%	16.85%	19.32%	19.07%	17.17%
EBIT	64.54	62.65	59.15	66.97	53.94	40.12
EBIT Margin	13.18%	13.16%	14.07%	16.90%	16.65%	15.47%
Effective Tax Rate	19.01%	19.47%	19.88%	20.04%	20.37%	19.96%

SEC Filings: 10-K · 10-Q