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Quarterly ResultAug 7, 2026, 08:52 AM

XPEL Q2 Revenue $143.1M, Net Income $18.3M; Acquires Properties

AI Summary

XPEL, Inc. reported strong second-quarter 2026 results with total revenue increasing to $143.1 million and net income rising to $18.3 million. Diluted EPS also grew to $0.65. The company significantly expanded its asset base by acquiring properties for $61.3 million, primarily funded by a new $44.8 million term loan, reflecting strategic investments in its operations.

Key Highlights

  • Q2 2026 Total Revenue increased to $143.1 million from $124.7 million YoY.
  • Q2 2026 Net Income attributable to stockholders rose to $18.0 million.
  • Diluted EPS for Q2 2026 was $0.65, up from $0.59 in Q2 2025.
  • Acquired properties for $61.3 million, significantly increasing property and equipment.
  • Secured a new $44.8 million term loan for property acquisitions.
  • Total assets grew to $472.6 million from $382.5 million since Dec 31, 2025.
  • Net cash from operating activities for six months was $38.2 million, up 22.7% YoY.
  • Product revenue for Q2 2026 was $111.7 million; service revenue was $31.4 million.