XPEL, Inc. Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Cash & Equivalents	50.86	22.09	11.61	8.06	9.64
Cash & Short-Term Investments	50.86	22.09	11.61	8.06	9.64
Cash Growth	130.29%	90.26%	44.10%	-16.47%	-66.78%
Accounts Receivable	49.85	29.15	24.11	14.73	13.16
Other Receivables	0.58	0.89	0.7	-	0.62
Receivables	50.43	30.04	24.81	14.73	13.78
Inventory	122.76	110.9	106.51	80.58	51.94
Prepaid Expenses	6.65	5.31	3.53	3.46	3.67
Total Current Assets	230.7	168.34	146.45	106.82	79.03
Property, Plant & Equipment	37.36	37.23	32.44	29.51	22.81
Goodwill	59.28	44.13	37.46	26.76	25.66
Other Intangible Assets	49.62	34.56	34.91	29.29	32.73
Other Long-Term Assets	5.57	1.35	0.78	0.97	0.79
Total Assets	382.53	285.61	252.04	193.36	161.02
Accounts Payable	54.29	26.32	24.23	16.69	25.18
Accrued Expenses	-	5.33	4.3	3.6	3.39
Current Portion of Long-Term Debt	0.06	0.06	0.06	0.08	0.38
Current Portion of Leases	6.09	4.67	3.97	3.89	2.98
Current Income Taxes Payable	-	-	-	0.47	-
Current Unearned Revenue	-	0.82	0.76	0.26	0.82
Other Current Liabilities	10.56	4.32	3.15	2.42	3.54
Total Current Liabilities	71	41.52	36.47	27.4	36.27
Long-Term Debt	-	0.23	19.32	26	25.08
Long-Term Leases	16.71	16.13	12.72	12.12	9.83
Long-Term Deferred Tax Liabilities	0.12	0.47	2.66	2.05	2.75
Other Long-Term Liabilities	9.51	1.81	0.89	1.07	2.63
Total Liabilities	97.34	60.15	72.05	68.64	76.55
Common Stock	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	18.05	15.55	12.55	11.07	10.58
Retained Earnings	265.34	214.11	168.62	115.82	74.44
Treasury Stock	-3	-	-	-	-
Comprehensive Income & Other	-0.14	-4.24	-1.21	-2.2	-0.59
Total Common Equity	280.28	225.46	179.99	124.72	84.46
Minority Interest	4.9	-	-	-	-
Shareholders' Equity	285.19	225.46	179.99	124.72	84.46
Total Liabilities & Equity	382.53	285.61	252.04	193.36	161.02
Total Debt	22.86	21.08	36.06	42.08	38.26
Net Cash (Debt)	28	1	-24.45	-34.03	-28.62
Net Cash Growth	2691.72%	-	-	-	-
Net Cash Per Share	1.01	0.04	-0.88	-1.23	-1.04
Filing Date Shares Outstanding	27.6	27.65	27.63	27.62	27.61
Total Common Shares Outstanding	27.6	27.65	27.63	27.62	27.61
Working Capital	159.7	126.83	109.98	79.42	42.76
Book Value Per Share	10.15	8.15	6.51	4.52	3.06
Tangible Book Value	171.39	146.77	107.62	68.67	26.07
Tangible Book Value Per Share	6.21	5.31	3.90	2.49	0.94
Machinery	-	21.75	19.73	14.67	10.87
Construction In Progress	-	1.35	0.2	1.75	0.12
Leasehold Improvements	-	11.88	10.92	7.08	5.14

Updated Feb 25, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q