Quarterly ResultMay 8, 2026, 08:51 AM
XPEL Q1 Revenue +13.1% to $117.4M; Diluted EPS $0.37
AI Summary
XPEL, Inc. reported a strong first quarter for 2026, with total revenue increasing by 13.1% to $117.4 million and diluted earnings per share rising to $0.37. Net income attributable to stockholders grew by 20.5% to $10.3 million. The company also repurchased $2.9 million in shares under its stock repurchase program and saw significant revenue growth in China and the EU, UK, and Africa regions.
Key Highlights
- Total revenue increased 13.1% to $117.4 million for Q1 2026, up from $103.8 million in Q1 2025.
- Net income attributable to stockholders rose 20.5% to $10.3 million, compared to $8.6 million in Q1 2025.
- Diluted earnings per share (EPS) increased to $0.37 in Q1 2026 from $0.31 in Q1 2025.
- Gross margin improved 16.7% to $51.2 million for Q1 2026.
- Net cash provided by operating activities surged 128.6% to $7.4 million.
- The company repurchased 68,021 shares for $2.9 million in Q1 2026; $44.1 million remains available.
- Revenue in China grew 44.4% to $11.7 million, and EU, UK, and Africa revenue increased 19.0% to $17.9 million.
- Product revenue from window film increased 24.8% to $23.3 million.
Price Impact
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