XPEL, Inc. (XPEL)

Revenue

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2018
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Paint Protection Film Revenue	249.40M	226.71M
Paint Protection Film Revenue Growth	10.01%	-1.38%
Window Film Revenue	94.54M	77.67M
Window Film Revenue Growth	21.73%	14.30%
Other Product Revenue	15.91M	14.47M
Other Product Revenue Growth	9.93%	6.62%
Total Product Revenue	359.86M	318.85M
Total Product Revenue Growth	12.86%	2.39%
Software Revenue	8.73M	8.06M
Software Revenue Growth	8.29%	23.67%
Cutbank Credits Revenue	16.53M	17.02M
Cutbank Credits Revenue Growth	-2.85%	-3.47%
Installation Labor Revenue	87.05M	74.48M
Installation Labor Revenue Growth	16.88%	27.36%
Training and Other Revenue	4.04M	2.00M
Training and Other Revenue Growth	102.15%	-11.87%
Total Service Revenue	116.35M	101.55M
Total Service Revenue Growth	14.57%	19.63%
Revenue (Total)	476.20M	420.40M
Revenue (Total) Growth	13.27%	6.08%

Revenue by Geography

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2018
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
United States Revenue	265.76M	240.57M
United States Revenue Growth	10.47%	7.00%
Canada Revenue	49.55M	52.14M
Canada Revenue Growth	-4.98%	19.84%
China Revenue	39.92M	24.15M
China Revenue Growth	65.32%	-41.92%
Asia Pacific Revenue	20.90M	16.83M
Asia Pacific Revenue Growth	24.19%	40.88%
EU, UK, and Africa	64.10M	53.98M
EU, UK, and Africa Growth	18.73%	-
India and Middle East	24.98M	21.07M
India and Middle East Growth	18.57%	-
Latin America Revenue	11.00M	11.66M
Latin America Revenue Growth	-5.66%	33.50%
Revenue (Other)	-	-
Revenue (Total)	476.20M	420.40M
Revenue (Total) Growth	13.27%	6.08%

Gross Profit

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2018
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017
Product Gross Margin	135.89M	119.06M
Product Gross Margin Growth	14.14%	4.99%
Service Gross Margin	65.13M	58.30M
Service Gross Margin Growth	11.71%	18.95%
Gross Profit (Total)	201.02M	177.36M
Gross Profit (Total) Growth	13.34%	9.20%

Updated Feb 25, 2026. Data Source: Fiscal.ai.