StockWatch
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Industrial Specialties
Quarterly ResultAug 5, 2026, 08:08 AM

XPEL Q2 Revenue $143.1M, +14.7%; EPS $0.65

AI Summary

XPEL, Inc. reported record revenue of $143.1 million for the second quarter of 2026, marking a 14.7% increase year-over-year. Net income attributable to stockholders rose 10.7% to $18.0 million, with diluted earnings per share of $0.65. The company also saw strong growth in EBITDA and made significant investments in manufacturing expansion in San Antonio and China. For Q3 2026, XPEL anticipates revenue between $137 million and $139 million.

Key Highlights

  • Q2 2026 revenue increased 14.7% to $143.1 million from $124.7 million in Q2 2025.
  • Net income attributable to stockholders rose 10.7% to $18.0 million, or $0.65 diluted EPS.
  • Gross margin improved to 44.1% in Q2 2026 from 42.9% in the prior year.
  • EBITDA increased 17.6% to $27.6 million, representing 19.3% of revenue.
  • China revenue surged 106.7% to $15.9 million, contributing to 68.3% growth in Asia Pacific.
  • Cash flows used in investing activities increased to $72.9 million due to manufacturing investments.
  • Company expects Q3 2026 revenue to be approximately $137 million to $139 million.