XPEL, Inc. (XPEL)

From the record

XPEL, Inc.'s filings since 2019 show 1 warning event: an auditor change (8-K item 4.01, the latest 2021-07-14) (its current reports).

From the record

XPEL, Inc.'s 8 filed years say what it did: revenue went from $110 million in fiscal 2018 to $476 million in fiscal 2025, up 23.3% a year; it rose in 7 of 7 years; it never fell from a peak; net income was positive in 8 of 8 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, XPEL, Inc.'s diluted share count grew about 0.1% a year, and dividends and buybacks returned about 2% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-10-05 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, XPEL, Inc. earned about 18 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 53 cents per dollar of everything the company owns. Leverage: it owed about 25 cents per dollar of assets, and net share issuance: its share count grew 0.1% over the year (the filed statements).

From the record

XPEL, Inc.'s standing among 35 graded names in its industry family: revenue of $476 million in fiscal 2025 ranks in the bottom 33% by size; a net margin of 10.8% ranks in the top 13%; revenue growth of 13.7% a year over the last 3 filed years ranks in the top 13% (its annual reports).

From the record

XPEL, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Pape, Ryan (President and CEO, as filed), filing under that title since 2019-07-30, 7.3 years (top 34% of its family); the 7 officers and directors filing in the last fifteen months have been on the record a median of 7.3 years (top 33%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 7 people in charge now (bottom 42%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

XPEL, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $51 million against no long-term debt tagged leaves 13.3% of its assets as net cash, top 27% of its family; cash from operations less capital spending is 13.2% of revenue (top 11%); a gross margin of 42.2% (top 22%); research spending of 0.6% of revenue (bottom 9%) (its annual report).

From the record

XPEL, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 13.7% a year over the last three filed years against 23.3% over all 8, slowing (bottom 17% of its family); the newest year grew 13.3% (top 13%); research spending grew 93.5% a year (top 3%); capital spending grew -20.4% a year (bottom 29%) (its annual reports). XPEL, Inc. reported 7 product lines in fiscal 2025: Product Revenue Paint Protection Film at $249 million (52%), Product Revenue Window Film at $95 million (20%), Service Revenue Installation Labor at $87 million (18%), and 4 more; 6 of 7 grew against the year before (its annual report).

From the record

XPEL, Inc.'s newest year against its own record: revenue of $476 million in fiscal 2025 came in 0.6% below the $479 million its prior three years' pace pointed to (bottom 25% of its family); net income of $51 million against a prior three-year average of $47 million (top 43%); a net margin of 10.8% against 12.3% before (bottom 46%) (its annual reports).