XPEL (XPEL, Inc.) Stock Financials & Earnings | Market Cap Arena

XPEL (XPEL, Inc.) Stock Financials & Earnings | Market Cap Arena

XPELXPEL, Inc.

Mkt Cap$1B

Consumer Cyclical·Auto - Parts·🇺🇸 United States·NASDAQ

Revenue (TTM)$476M

Net Income (TTM)$51M

EPS (TTM)$1.85

Free Cash Flow (TTM)$62M

Gross Margin42.2%

Op. Margin13.2%

Net Margin10.8%

FCF Margin13.1%

P/S Ratio (TTM)2.3x

P/E Ratio (TTM)21.4x

YoY Rev Growth+13.3%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$86M	$36M	$15M
Q2 23	$102M	$44M	$20M
Q3 23	$103M	$42M	$18M
Q4 23	$106M	$41M	$14M
Q1 24	$90M	$38M	$9M
Q2 24	$110M	$48M	$19M
Q3 24	$113M	$48M	$18M
Q4 24	$108M	$44M	$12M
Q1 25	$104M	$44M	$11M
Q2 25	$125M	$54M	$19M
Q3 25	$125M	$52M	$17M
Q4 25	$122M	$51M	$15M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	3.2x	24.4x
Q2 23	3.1x	22.5x
Q3 23	3.0x	22.3x
Q4 23	2.8x	20.8x
Q1 24	2.7x	22.8x
Q2 24	2.7x	23.2x
Q3 24	2.6x	22.6x
Q4 24	2.6x	24.1x
Q1 25	2.5x	23.1x
Q2 25	2.4x	22.5x
Q3 25	2.4x	23.5x
Q4 25	2.3x	21.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$695K	-$2M
Q2 23	$27M	$25M
Q3 23	$11M	$9M
Q4 23	-$1M	-$3M
Q1 24	-$5M	-$7M
Q2 24	$27M	$25M
Q3 24	$20M	$19M
Q4 24	$6M	$5M
Q1 25	$3M	$2M
Q2 25	$28M	$27M
Q3 25	$33M	$32M
Q4 25	$3M	$2M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$2M
Q2 23	$1M
Q3 23	$2M
Q4 23	$2M
Q1 24	$2M
Q2 24	$2M
Q3 24	$416K
Q4 24	$2M
Q1 25	$1M
Q2 25	$1M
Q3 25	$1M
Q4 25	$1M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+19.5%	+14.7%
Q2 23	+21.9%	+20.4%
Q3 23	+14.4%	+17.4%
Q4 23	+34.5%	+35.0%
Q1 24	+5.0%	+14.1%
Q2 24	+7.5%	+10.6%
Q3 24	+9.9%	+11.1%
Q4 24	+1.9%	+4.2%
Q1 25	+15.2%	+14.6%
Q2 25	+13.5%	+16.2%
Q3 25	+11.1%	+15.0%
Q4 25	+13.7%	+12.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$303K	0.4%
Q2 23	$354K	0.3%
Q3 23	$487K	0.5%
Q4 23	$496K	0.5%
Q1 24	$630K	0.7%
Q2 24	$837K	0.8%
Q3 24	$862K	0.8%
Q4 24	$868K	0.8%
Q1 25	$679K	0.7%
Q2 25	$1M	0.8%
Q3 25	$1M	0.9%
Q4 25	-$23K	-0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	—	$14M	$7M
Q2 23	—	$16M	$8M
Q3 23	—	$16M	$8M
Q4 23	—	$17M	$9M
Q1 24	—	$18M	$10M
Q2 24	—	$18M	$10M
Q3 24	—	$19M	$11M
Q4 24	$3M	$20M	$12M
Q1 25	—	$21M	$12M
Q2 25	—	$22M	$12M
Q3 25	—	$22M	$14M
Q4 25	—	$22M	$14M

Revenue by Geography

Quarter	Asia Pacific	Canada	China	Europe	Latin America	Middle East, Africa	Other Geographic Region	United Kingdom	United States
Q1 23	$3M	$9M	$7M	$8M	$2M	$3M	$161K	$3M	$51M
Q2 23	$3M	$12M	$8M	$10M	$2M	$4M	$273K	$4M	$59M
Q3 23	$3M	$11M	$10M	$9M	$2M	$4M	$291K	$3M	$59M
Q4 23	$3M	$12M	$17M	$9M	$2M	$5M	$174K	$3M	$56M
Q1 24	$4M	$11M	$1M	$10M	$3M	$5M	—	$3M	$52M
Q2 24	$4M	$13M	$4M	$11M	$3M	$5M	—	$4M	$65M
Q3 24	$4M	$14M	$9M	$9M	$3M	$5M	—	$4M	$65M
Q4 24	$5M	$13M	$9M	$9M	$3M	$6M	—	$4M	$59M
Q1 25	$5M	$9M	$8M	$11M	$3M	$6M	—	$4M	$58M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$8M	$0	$8M
Q2 23	$14M	$0	$14M
Q3 23	$10M	$0	$10M
Q4 23	$12M	$0	$12M
Q1 24	$9M	$0	$9M
Q2 24	$15M	$0	$15M
Q3 24	$21M	$0	$21M
Q4 24	$22M	$0	$22M
Q1 25	$24M	$0	$24M
Q2 25	$50M	$0	$50M
Q3 25	$64M	$0	$64M
Q4 25	$51M	$0	$51M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	28M	+0.0%
Q2 23	28M	+0.0%
Q3 23	28M	+0.0%
Q4 23	28M	-0.0%
Q1 24	28M	+0.0%
Q2 24	28M	+0.0%
Q3 24	28M	+0.0%
Q4 24	28M	+0.0%
Q1 25	28M	+0.1%
Q2 25	28M	-0.0%
Q3 25	28M	+0.0%
Q4 25	28M	+0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	—	—
FY 15	—	—
FY 16	—	—
FY 17	—	—
FY 18	—	—
FY 19	$565K	230
FY 20	$482K	330
FY 21	$366K	709
FY 22	$396K	818
FY 23	$376K	1K
FY 24	$368K	1K
FY 25	$356K	1K