Income Statement

XPEL, INC.

XPEL
Annual
Performance Overview Click any row in the table to add it to this chart
in millions USD
Metric Dec 31, 2025 2025 FY Dec 31, 2024 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY Dec 31, 2020 2020 FY Dec 31, 2019 2019 FY
Revenue
476.20 420.40 396.29 323.99 259.26 158.92 129.93
Cost of Revenue
275.18 243.04 233.88 196.48 166.59 104.90 86.43
Gross Profit
201.02 177.36 162.41 127.51 92.68 54.03 43.51
Operating Expenses
138.37 118.21 95.44 73.58 52.56 30.66 26.42
Research & Development
- - - - - - -
Selling, General & Administrative
87.23 75.40 63.65 48.21 34.29 20.91 18.83
Other Operating Expenses
- - - - - - -
Operating Income
62.65 59.15 66.97 53.94 40.12 23.37 17.09
Non-Operating Income
-1.41 2.37 0.94 1.97 0.68 0.57 0.14
Interest Income
- - - - - - -
Interest Expense
- - 1.25 1.41 0.30 0.25 0.10
Other Non-Op Income / Expense
- - - - - - -
Income Before Tax
64.06 56.78 66.03 51.97 39.44 22.80 16.95
Income Tax Expense
12.84 11.29 13.23 10.58 7.87 4.52 2.97
Non-Controlling Interest
0.36 - - - 0.00 0.00 0.02
Net Income
51.23 45.49 52.80 41.38 -252.53 18.28 13.98
Supplemental Per share data, derived & other items — not part of the income statement
in millions USD unless noted
Metric Dec 31, 2025 2025 FY Dec 31, 2024 2024 FY Dec 31, 2023 2023 FY Dec 31, 2022 2022 FY Dec 31, 2021 2021 FY Dec 31, 2020 2020 FY Dec 31, 2019 2019 FY
Depreciation & Amortization
- - - - - - -
EBITDA
62.65 59.15 66.97 53.94 40.12 23.37 17.09
Earnings Per Share (Basic)
1.85 1.65 1.91 1.50 1.14 - -
Diluted EPS
1.85 1.65 1.91 1.50 1.14 - -
Weighted Average Shares
27.66 27.64 27.62 27.61 27.61 - -
Diluted Weighted Avg Shares
27.68 27.64 27.63 27.62 27.61 - -
Comprehensive Income
55.33 42.46 53.79 39.77 30.91 19.26 14.26