XPEL, Inc. (XPEL)

NASDAQ: XPEL · Real-Time Price · USD

42.97

+0.24 (0.56%)

At close: Jul 27, 2026, 4:00 PM EDT

42.97

0.00 (0.00%)

After-hours: Jul 27, 2026, 7:34 PM EDT

XPEL, Inc. Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

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
Net Income	53.51	51.59	45.49	52.8	41.38	31.57
Depreciation & Amortization	13.88	13.25	11.7	9.59	7.83	4.39
Stock-Based Compensation	3.01	2.75	3.2	1.64	0.52	0.17
Other Adjustments	1.19	0.61	-2.4	-0.69	-0.01	1.3
Change in Receivables	-20.8	-20.44	-5.6	-7	-2.63	-0.43
Changes in Inventories	6.71	11.48	-4.79	-24.84	-28.57	-26.94
Changes in Accounts Payable	19.63	11.34	2.66	6.48	-7.9	12.02
Changes in Income Taxes Payable	-1.21	0.25	-0.27	-1.2	1.16	-0.77
Changes in Other Operating Activities	-4.83	-3.89	-2.15	0.6	0.26	-3.04
Operating Cash Flow	71.09	66.94	47.82	37.38	12.06	18.27
Operating Cash Flow Growth	26.92%	39.97%	27.93%	210.06%	-34.00%	-1.07%

Investing Activities

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
Capital Expenditures	-12.72	-4.01	-6.71	-6.36	-7.94	-6.73
Sale of Property, Plant & Equipment	0.09	0.05	0.04	0.03	0.07	0.07
Purchases of Intangible Assets	-1.26	-1.55	-1.88	-1.29	-1.62	-0.96
Purchases of Investments	-	-2.1	-	-	-	-
Cash Acquisitions	-26.13	-26.17	-9.86	-18.74	-4.67	-49.19
Investing Cash Flow	-42.12	-33.78	-18.4	-26.35	-14.16	-56.81

Financing Activities

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
Short-Term Debt Issued	-	-	-19	-7	1	25
Net Short-Term Debt Issued (Repaid)	-	-	-19	-7	1	25
Long-Term Debt Repaid	-0.23	-0.24	-0.06	-0.09	-0.37	-5.76
Net Long-Term Debt Issued (Repaid)	-0.23	-0.24	-0.06	-0.09	-0.37	-5.76
Repurchase of Common Stock	-0.46	-3.25	-0.19	-0.17	-0.03	-
Net Common Stock Issued (Repurchased)	-0.46	-3.25	-0.19	-0.17	-0.03	-
Other Financing Activities	-	-0.16	-	-	-	-
Financing Cash Flow	-7.06	-3.66	-19.25	-7.26	0.6	19.24

Net Cash Flow

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
Foreign Exchange Rate Adjustments	-0.35	-0.73	0.31	-0.22	-0.09	-0.08
Net Cash Flow	21.57	28.78	10.48	3.55	-1.59	-19.38

Free Cash Flow

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
Free Cash Flow	58.37	62.93	41.11	31.03	4.12	11.54
Free Cash Flow Growth	16.01%	53.07%	32.50%	652.92%	-64.30%	-30.81%
FCF Margin	11.92%	13.21%	9.78%	7.83%	1.27%	4.45%
Free Cash Flow Per Share	2.11	2.27	1.49	1.12	0.15	0.42
Levered Free Cash Flow	74.22	79.41	26.86	29.99	6.87	29.75
Unlevered Free Cash Flow	73.73	78.87	47.82	37.83	7.81	11.05

SEC Filings: 10-K · 10-Q