XPEL, Inc. (XPEL)
NASDAQ: XPEL · Real-Time Price · USD
38.39
-1.67 (-4.17%)
At close: Nov 6, 2026, 4:00 PM EST
38.39
0.00 (0.00%)
After-hours: Nov 6, 2026, 7:30 PM EST
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 | Sep '26 Sep 30, 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 | 58.14 | 51.23 | 45.49 | 52.8 | 41.38 | 31.57 |
Depreciation & Amortization | 15.42 | 13.25 | 11.7 | 9.59 | 7.83 | 4.39 |
Loss (Gain) From Sale of Assets | -0.02 | -0.01 | -0.05 | -0.01 | -0.01 | -0.04 |
Stock-Based Compensation | 3.33 | 2.75 | 3.2 | 1.64 | 0.52 | 0.17 |
Provision & Write-off of Bad Debts | 1.17 | 0.92 | 0.39 | 0.24 | 0.47 | 0.3 |
Other Operating Activities | 2.09 | 0.06 | -2.75 | -0.92 | -0.46 | 1.04 |
Change in Accounts Receivable | -22.55 | -20.44 | -5.6 | -7 | -2.63 | -0.43 |
Change in Inventory | -0.15 | 11.48 | -4.79 | -24.84 | -28.57 | -26.94 |
Change in Accounts Payable | 11.2 | 11.34 | 2.66 | 6.48 | -7.9 | 12.02 |
Change in Income Taxes | -4.67 | 0.25 | -0.27 | -1.2 | 1.16 | -0.77 |
Change in Other Net Operating Assets | -2.05 | -3.89 | -2.15 | 0.6 | 0.26 | -3.04 |
Operating Cash Flow | 61.92 | 66.94 | 47.82 | 37.38 | 12.06 | 18.27 |
Operating Cash Flow Growth | -12.30% | 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 | Sep '26 Sep 30, 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 | -77.77 | -4.01 | -6.71 | -6.36 | -7.94 | -6.73 |
Sale of Property, Plant & Equipment | 0.08 | 0.05 | 0.04 | 0.03 | 0.07 | 0.07 |
Cash Acquisitions | -23.43 | -26.17 | -9.86 | -18.74 | -4.67 | -49.19 |
Sale (Purchase) of Intangibles | -2.02 | -1.55 | -1.88 | -1.29 | -1.62 | -0.96 |
Investment in Securities | -0.42 | -2.1 | - | - | - | - |
Investing Cash Flow | -103.55 | -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 | Sep '26 Sep 30, 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 |
Long-Term Debt Issued | - | - | - | - | 1 | 25 |
Total Debt Issued | 44.8 | - | - | - | 1 | 25 |
Long-Term Debt Repaid | - | -0.24 | -19.06 | -7.09 | -0.37 | -5.76 |
Total Debt Repaid | -0.63 | -0.24 | -19.06 | -7.09 | -0.37 | -5.76 |
Net Debt Issued (Repaid) | 44.17 | -0.24 | -19.06 | -7.09 | 0.63 | 19.24 |
Repurchase of Common Stock | -9.54 | -3.25 | -0.19 | -0.17 | -0.03 | - |
Other Financing Activities | -11.14 | -0.16 | - | - | - | - |
Financing Cash Flow | 23.49 | -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 | Sep '26 Sep 30, 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 | -0.65 | -0.73 | 0.31 | -0.22 | -0.09 | -0.08 |
Net Cash Flow | -18.8 | 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 | Sep '26 Sep 30, 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 | -15.85 | 62.93 | 41.11 | 31.03 | 4.12 | 11.54 |
Free Cash Flow Growth | - | 53.07% | 32.50% | 652.92% | -64.30% | -30.81% |
Free Cash Flow Margin | -3.04% | 13.21% | 9.78% | 7.83% | 1.27% | 4.45% |
Free Cash Flow Per Share | -0.57 | 2.27 | 1.49 | 1.12 | 0.15 | 0.42 |
Levered Free Cash Flow | -34.21 | 44.03 | 35.58 | 17.59 | -7.23 | 2.05 |
Unlevered Free Cash Flow | -33.79 | 44.09 | 36.2 | 18.37 | -6.35 | 2.24 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Cash Interest Paid | 0.67 | 0.09 | 1.03 | 1.24 | 1.31 | 0.21 |
Cash Income Tax Paid | 16.65 | 12.54 | 13.62 | 15.29 | 9.9 | 7.76 |
Change in Working Capital | -18.21 | -1.27 | -10.16 | -25.96 | -37.68 | -19.16 |