XPEL, Inc.

XPEL · XNAS

CIK 1767258fmd_0MHESY83SQZ2T5X7Z0DZ349AFTManufacturing · Coating, Engraving & Allied ServicesTemplate: Standard

Coverage: Jan 01, 2018 to Sep 30, 2026, 34 periods

Income Statement · Annual · Millions · USD
Line item	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	110	130	159	259	324	396	420	476
Cost of revenue	76	86	105	167	196	234	243	275
Gross profit	33	44	54	93	128	162	177	201
Research and development	0	1	0	0	0	3	3	3
Selling, general and administrative	22	26	31	53	74	95	118	138
Total operating expenses	22	26	31	53	74	95	118	138
Operating income	12	17	23	40	54	67	59	63
Interest expense	0	0	0	0	1	1	1	0
Income before taxes	11	17	23	39	52	66	57	64
Income tax expense	3	3	5	8	11	13	11	12
Net income from continuing operations	9	14	18	32	41	53	45	52
Net income	9	14	18	32	41	53	45	51