{"schema_version":"secwatch.filing_event.v1","accession":"0001767258-23-000040","form_type":"8-K","ticker":"XPEL","cik":"0001767258","company_name":"XPEL, Inc.","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.463059+00:00","generated_at":"2026-06-15T09:42:00.253717+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 Q1 revenue +19.5% to $85.8M, gross margin record 41.9%, net income +46.5%","bullets":["Revenue of $85.8M, up 19.5% YoY; gross margin improved to 41.9% (new company high).","Net income rose 46.5% to $11.4M ($0.41 per share) from $7.8M ($0.28) in Q1 2022.","EBITDA grew 43.9% to $17.1M, representing 19.9% of revenue vs. 16.5% a year ago.","Operating expenses were 24.5% of sales, roughly flat vs. 24.6% in prior-year period.","No specific forward guidance provided; CEO cited 'good momentum' for 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001767258-23-000040","json":"https://secwatch.observer/filing/0001767258-23-000040.json","markdown":"https://secwatch.observer/filing/0001767258-23-000040.md","text":"https://secwatch.observer/filing/0001767258-23-000040.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1767258/000176725823000040/0001767258-23-000040-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1767258/000176725823000040/xpel-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T09:42:00.253717+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":"9c2f0cd1476ec68db8d222435a1e9425bcd65387","claim":"XPEL, Inc. reported the quarter ended March 31, 2023 results: revenue $85.8 million, net income $11.4 million, EPS $0.41 per share.","evidence_excerpt":"XPEL Revenues Increase 19.5% to $85.8 Million in First Quarter 2023 With Gross Margin of 41.9%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725823000040/0001767258-23-000040-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$85.8 million"},{"label":"Net income","value":"$11.4 million"},{"label":"EPS","value":"$0.41 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"}