XPELXPEL, Inc.

$1B

Q4 2025 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$122M+13.7% YoY

Gross Profit

$51M41.9% margin

Operating Income

$15M12.7% margin

Net Income

$13M11.0% margin

EPS (Diluted)

$0.48

QoQ Revenue Growth

-2.5%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$2M

Stock-Based Comp.

-$23,000

Balance Sheet

Total Assets

$383M

Total Liabilities

$92M

Stockholders' Equity

$280M

Cash & Equivalents

$51M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$122M	$108M	+13.7%
Gross Profit	$51M	$44M	+17.1%
Operating Income	$15M	$12M	+25.4%
Net Income	$13M	$9M	+50.7%

Revenue Segments

Product

$186M38%

Product Revenue, Paint Protection Film

$130M26%

Service

$61M12%

Product Revenue, Window Film

$48M10%

Service Revenue, Installation Labor

$46M9%

Service Revenue, Cutbank Credits

$8M2%

Product Revenue, Other

$8M2%

Service Revenue, Software

$4M1%

Geographic Segments

UNITED STATES

$137M58%

Asia Pacific

$43M18%

CANADA

$26M11%

CHINA

$24M10%

Latin America

$6M2%