XPEL, Inc. (XPEL)

XPEL, Inc. Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	45.7	50.86	22.09	11.61	8.06	9.64
Cash & Short-Term Investments	45.7	50.86	22.09	11.61	8.06	9.64
Cash Growth	-29.15%	130.29%	90.26%	44.10%	-16.47%	-66.78%
Accounts Receivable	59.08	49.85	29.15	24.11	14.73	13.16
Other Receivables	1.3	0.58	0.89	0.7	-	0.62
Receivables	60.38	50.43	30.04	24.81	14.73	13.78
Inventory	132.2	122.76	110.9	106.51	80.58	51.94
Prepaid Expenses	6.11	6.65	5.31	3.53	3.46	3.67
Total Current Assets	244.38	230.7	168.34	146.45	106.82	79.03
Property, Plant & Equipment	114.93	37.36	37.23	32.44	29.51	22.81
Goodwill	71.23	59.28	44.13	37.46	26.76	25.66
Other Intangible Assets	56.33	49.62	34.56	34.91	29.29	32.73
Long-Term Deferred Tax Assets	1.57	-	-	-	-	-
Other Long-Term Assets	7.19	5.57	1.35	0.78	0.97	0.79
Total Assets	495.63	382.53	285.61	252.04	193.36	161.02

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	67.51	37.77	26.32	24.23	16.69	25.18
Accrued Expenses	-	7.81	5.33	4.3	3.6	3.39
Current Portion of Long-Term Debt	1.79	0.06	0.06	0.06	0.08	0.38
Current Portion of Leases	5.47	6.09	4.67	3.97	3.89	2.98
Current Income Taxes Payable	-	-	-	-	0.47	-
Current Unearned Revenue	-	4.8	0.82	0.76	0.26	0.82
Other Current Liabilities	20.68	14.47	4.32	3.15	2.42	3.54
Total Current Liabilities	95.44	71	41.52	36.47	27.4	36.27
Long-Term Debt	42.56	-	0.23	19.32	26	25.08
Long-Term Leases	15.57	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	8.34	9.51	1.81	0.89	1.07	2.63
Total Liabilities	161.92	97.34	60.15	72.05	68.64	76.55

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.03	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	20.9	18.05	15.55	12.55	11.07	10.58
Retained Earnings	310.06	265.34	214.11	168.62	115.82	74.44
Treasury Stock	-8.94	-3	-	-	-	-
Comprehensive Income & Other	-1.14	-0.14	-4.24	-1.21	-2.2	-0.59
Total Common Equity	320.91	280.28	225.46	179.99	124.72	84.46
Minority Interest	12.8	4.9	-	-	-	-
Shareholders' Equity	333.71	285.19	225.46	179.99	124.72	84.46
Total Liabilities & Equity	495.63	382.53	285.61	252.04	193.36	161.02

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	65.39	22.86	21.08	36.06	42.08	38.26
Net Cash (Debt)	-19.69	28	1	-24.45	-34.03	-28.62
Net Cash Growth	-	2691.72%	-	-	-	-
Net Cash Per Share	-0.71	1.01	0.04	-0.88	-1.23	-1.04
Filing Date Shares Outstanding	27.52	27.6	27.65	27.63	27.62	27.61
Total Common Shares Outstanding	27.52	27.6	27.65	27.63	27.62	27.61
Working Capital	148.94	159.7	126.83	109.98	79.42	42.76
Book Value Per Share	11.66	10.15	8.15	6.51	4.52	3.06
Tangible Book Value	193.36	171.39	146.77	107.62	68.67	26.07
Tangible Book Value Per Share	7.03	6.21	5.31	3.90	2.49	0.94
Machinery	-	24.51	21.75	19.73	14.67	10.87
Construction In Progress	-	1.1	1.35	0.2	1.75	0.12
Leasehold Improvements	-	14.07	11.88	10.92	7.08	5.14

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Nov 4, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 6, 2026

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