{"schema_version":"secwatch.filing_event.v1","accession":"0001767258-22-000072","form_type":"8-K","ticker":"XPEL","cik":"0001767258","company_name":"XPEL, Inc.","filed_at":"2022-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.038992+00:00","generated_at":"2026-06-22T01:42:50.763489+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"XPEL reports record Q3 revenue of $89.8M, net income up 59.9% to $13.3M","bullets":["Revenue rose 31% YoY to $89.8M; gross margin improved to a record 39.8% from 35.7%.","Net income of $13.3M ($0.48 EPS) vs. $8.3M ($0.30 EPS) in Q3 2021.","EBITDA grew 66% to $18.9M (21.1% of revenue) compared to $11.4M (16.6%) last year.","First nine months revenue $245.5M (+29.8%); net income $33.0M ($1.20 EPS) vs. $25.4M ($0.92 EPS).","CEO cites strong performance across most regions despite economic uncertainty."],"urls":{"canonical":"https://secwatch.observer/filing/0001767258-22-000072","json":"https://secwatch.observer/filing/0001767258-22-000072.json","markdown":"https://secwatch.observer/filing/0001767258-22-000072.md","text":"https://secwatch.observer/filing/0001767258-22-000072.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1767258/000176725822000072/0001767258-22-000072-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1767258/000176725822000072/xpel-20221109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T01:42:50.763489+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"627b12399a5aeaca1f53814ba4dc899f5cacfeeb","claim":"XPEL, Inc. reported the nine months ended September 30, 2022 results: revenue $245.5 million, net income $33.0 million, or $1.20 per share.","evidence_excerpt":"Amortization) grew 66.0% to $18.9 million, or 21.1% of revenues compared to $11.4 million in third quarter 2021. 1 First Nine Months Highlights: • Revenues increased 29.8% to $245.5 million in the first nine months of 2022. • Gross margin percentage improved to 39.3% in the first nine months of 2022. • Net income grew 30.2% to $33.0 million, or $1.20 per share,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725822000072/0001767258-22-000072-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended September 30, 2022"},{"label":"Revenue","value":"$245.5 million"},{"label":"Net income","value":"$33.0 million, or $1.20 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"7255edaafc8a44e2dc1323c751d70e13a61bea99","claim":"XPEL, Inc. reported the third quarter ended September 30, 2022 results: revenue $89.8 million, net income $13.3 million, or $0.48 per share.","evidence_excerpt":"films and coatings, today announced results for the third quarter and nine months ended September 30, 2022. Third Quarter 2022 Highlights: • Revenues increased 31.0% to a record $89.8 million in the third quarter. • Gross margin percentage improved to 39.8% in the third quarter, a new high for the Company. • Net income grew 59.9% to $13.3 million, or $0.48 per share,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725822000072/0001767258-22-000072-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2022"},{"label":"Revenue","value":"$89.8 million"},{"label":"Net income","value":"$13.3 million, or $0.48 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}