XPELXPEL, Inc.

$1B

Q1 2025 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$104M+15.2% YoY

Gross Profit

$44M42.3% margin

Operating Income

$11M10.7% margin

Net Income

$9M8.3% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

-3.5%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$2M

Stock-Based Comp.

$679,000

Balance Sheet

Total Assets

$295M

Total Liabilities

$59M

Stockholders' Equity

$235M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$104M	$90M	+15.2%
Gross Profit	$44M	$38M	+15.9%
Operating Income	$11M	$9M	+20.5%
Net Income	$9M	$7M	+28.8%

Revenue Segments

Product

$79M38%

Product Revenue, Paint Protection Film

$56M27%

Service

$25M12%

Service Revenue, Installation Labor

$19M9%

Product Revenue, Window Film

$19M9%

Service Revenue, Cutbank Credits

$4M2%

Product Revenue, Other

$4M2%

Service Revenue, Software

$2M1%

Service Revenue, Training

$652,0000%

Geographic Segments

UNITED STATES

$58M56%

Europe

$11M11%

CANADA

$9M9%

CHINA

$8M8%

Middle East, Africa

$6M6%

Asia Pacific

$5M5%

UNITED KINGDOM

$4M3%

Latin America

$3M2%