XPEL, Inc. Income Statement
XPEL / Consumer Discretionary|8 years of annual SEC 10-K data (FY2018-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 8 fiscal years. All figures from audited SEC 10-K filings.
XPEL, Inc. reported $476M in revenue and $51M in net income for FY2025. Revenue has grown at a 23.3% compound annual rate over the past 7 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 3.79 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $476.2M | $420.4M | $259.3M | $158.9M | $259.3M | $158.9M | $129.9M | $109.9M |
| Cost of Revenue | $275.2M | $243.0M | $166.6M | $104.9M | $166.6M | $104.9M | $86.4M | $76.5M |
| Gross Profit | $201.0M | $177.4M | $92.7M | $54.0M | $92.7M | $54.0M | $43.5M | $33.4M |
| SG&A Expense | $87.2M | $75.4M | $34.3M | $20.9M | $34.3M | $20.9M | $18.8M | $14.8M |
| R&D Expense | $2.9M | $2.9M | $400.0K | $100.0K | $400.0K | $100.0K | $602.4K | $223.9K |
| Operating Income | $62.6M | $59.1M | $40.1M | $23.4M | $40.1M | $23.4M | $17.1M | $11.8M |
| Interest Expense | - | - | $303.0K | $249.0K | $303.0K | $249.0K | $96.6K | $168.4K |
| Income Tax | $12.5M | $11.3M | $7.9M | $4.5M | $7.9M | $4.5M | $3.0M | $2.8M |
| Net Income | $51.2M | $45.5M | $31.6M | $18.3M | $31.6M | $18.3M | $14.0M | $8.7M |
| EPS (Basic) | $1.91 | $1.50 | $1.14 | $0.66 | $0.51 | - | - | - |
| EPS (Diluted) | $1.91 | $1.50 | $1.14 | $0.66 | $0.51 | $0.32 | $0.32 | - |
| Shares Outstanding | 27.7M | 27.6M | 27.6M | 27.6M | 27.6M | 27.6M | 27.6M | 27.6M |
| Gross Margin | 42.2% | 42.2% | 35.8% | 34.0% | 35.8% | 34.0% | 33.5% | 30.4% |
| Operating Margin | 13.2% | 14.1% | 15.5% | 14.7% | 15.5% | 14.7% | 13.2% | 10.7% |
| Profit Margin | 10.8% | 10.8% | 12.2% | 11.5% | 12.2% | 11.5% | 10.8% | 7.9% |