XPEL, Inc. (XPEL) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	508.1M	476.2M	420.4M	396.3M	324.0M
Cost of Revenue	290.1M	275.2M	243.0M	233.9M	196.5M
Gross Profit	218.0M	201.0M	177.4M	162.4M	127.5M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	149.5M	138.4M	118.2M	95.4M	73.6M
General & Admin Expense	91.6M	87.2M	75.4M	63.7M	48.2M
Selling & Marketing Expense	58.0M	51.1M	42.8M	31.8M	25.4M
Other Expenses	—	—	—	—	—
Total Operating Expenses	149.5M	138.4M	118.2M	95.4M	73.6M
Cost and Expenses	439.6M	413.6M	361.3M	329.3M	270.1M
Operating Income (EBIT)	68.5M	62.6M	59.1M	67.0M	53.9M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	268.0K	83.0K	996.0K	1.2M	1.4M
Net Interest Income	(268.0K)	(83.0K)	(996.0K)	(1.2M)	(1.4M)
Other Non-Op Income/Expense	637.0K	1.4M	(2.4M)	(941.0K)	(2.0M)
Non-Operating Income (excl Interest)	(98.0K)	(1.5M)	1.4M	(307.0K)	562.0K
EBT (Pre-Tax Income)	69.1M	64.1M	56.8M	66.0M	52.0M
Income Tax Expense	13.5M	12.5M	11.3M	13.2M	10.6M
Bottom Line
Net Income	54.7M	51.2M	45.5M	52.8M	41.4M
Earnings from Cont. Ops	55.6M	51.6M	45.5M	52.8M	41.4M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	54.7M	51.2M	45.5M	52.8M	41.4M
Per Share
Basic EPS	$1.98	$1.85	$1.65	$1.91	$1.50
Diluted EPS	$1.97	$1.85	$1.65	$1.91	$1.50
Revenue Per Share	$18.43	$17.22	$15.21	$14.35	$11.73
Shares
Basic Shares Outstanding	27.6M	27.7M	27.6M	27.6M	27.6M
Diluted Shares Outstanding	27.6M	27.7M	27.6M	27.6M	27.6M
Profitability Metrics
EBITDA	83.3M	77.4M	69.5M	76.9M	61.2M
D&A	14.7M	13.3M	11.7M	9.6M	7.8M
EBIT	68.6M	64.1M	57.8M	67.3M	53.4M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026