---
schema_version: "secwatch.filing_event.v1"
accession: "0001767258-22-000028"
form_type: "8-K"
ticker: "XPEL"
cik: "0001767258"
company_name: "XPEL, Inc."
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:51:51.818884+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# XPEL reports record Q1 revenue of $71.9M, up 38.6% YoY; net income grows 14%

## Summary
- Revenue of $71.9M (record) vs $51.9M in Q1 2021, up 38.6%.
- Gross margin improved to 38.6% from 35.3%, a new company high.
- Net income $7.8M ($0.28 per share) vs $6.8M ($0.25) in prior year.
- EBITDA grew 29.6% to $11.9M; adjusting for dealer conference, EBITDA would have been $12.7M.
- CEO cites strong retail demand despite new car inventory constraints and China COVID lockdowns.

## SEC filing metadata
- accession: 0001767258-22-000028
- form_type: 8-K
- ticker: XPEL
- cik: 0001767258
- company_name: XPEL, Inc.
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1767258/000176725822000028/0001767258-22-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1767258/000176725822000028/xpel-20220510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001767258-22-000028
- JSON: https://secwatch.observer/filing/0001767258-22-000028.json
- Plain text: https://secwatch.observer/filing/0001767258-22-000028.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.