| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 143.05 | 21.9% | 14.7% |
| Total Income | 143.05 | 21.9% | 14.7% |
| Expenditure | 119.84 | 14.9% | 13.7% |
| PBT | 23.36 | 75.8% | 14.9% |
| Net Profit | 18.04 | 74.3% | 10.7% |
| OPM | 16.23% | 5.14pp | 0.75pp |
| NPM | 12.61% | 3.80pp | 0.45pp |
| EPS | 0.65 | 75.7% | 10.2% |
XPEL Reports Record Revenue of $143.1 million; Revenue Growth of 14.7% in Second Quarter 2026
05 Aug 2026 · 5 Aug, 5:37 pm
Summary
XPEL, Inc. reported record second quarter 2026 revenue of $143.1 million, a 14.7% increase year-over-year, driven by strong performance across its product and service lines. Gross margin improved to 44.1%, and net income attributable to stockholders rose 10.7% to $18.0 million. EBITDA also saw a significant increase of 17.6% to $27.6 million. Management highlighted solid top and bottom-line performance and the accomplishment of key manufacturing expansion objectives, expressing optimism for continued execution throughout the remainder of the year.
Key Highlights
- 1
XPEL announced record revenue of $143.1 million for the second quarter of 2026, an increase of 14.7% compared to the second quarter of 2025.
- 2
Gross margin improved to 44.1% in the second quarter of 2026 from 42.9% in the same period last year.
- 3
Net income attributable to stockholders increased by 10.7% to $18.0 million, or $0.65 per diluted share, in the second quarter of 2026.
- 4
EBITDA increased 17.6% to $27.6 million, representing 19.3% of revenue in the second quarter of 2026.
- 5
Revenue for the first six months of 2026 increased 14.0% to $260.4 million compared to the same period in 2025.
- 6
China revenue experienced significant growth, increasing by 106.7% to $15.9 million in the second quarter of 2026.
- 7
The company expects third quarter 2026 revenue to be approximately $137 - $139 million.
Management Comments
Ryan Pape
We saw solid top and bottom line performance in the second quarter and finished the first half of the year with nice momentum. We also were able to accomplish the first key objectives of our manufacturing expansion. We look forward to continuing to execute our strategy as we progress through the remainder of the year.
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