---
schema_version: "secwatch.filing_event.v1"
accession: "0001767258-24-000033"
form_type: "8-K"
ticker: "XPEL"
cik: "0001767258"
company_name: "XPEL, Inc."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:06:23.777097+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# XPEL reports record Q2 revenue of $109.9M (+7.5% YoY); net income down 4.5%

## Summary
- Revenue $109.9M (record); net income $15.0M ($0.54 EPS), down from $15.7M ($0.57) YoY.
- China revenue plunged 45.7% to $4.4M; excluding China, total revenue grew 12.1% YoY.
- EBITDA $21.8M (19.9% of rev) vs $22.4M (21.9%) YoY; gross margin improved to 43.5% from 43.0%.
- Operating cash flow hit record $26.9M, up from $26.7M YoY.
- Annual revenue growth guidance reaffirmed at 8-10%.

## SEC filing metadata
- accession: 0001767258-24-000033
- form_type: 8-K
- ticker: XPEL
- cik: 0001767258
- company_name: XPEL, Inc.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1767258/000176725824000033/0001767258-24-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1767258/000176725824000033/xpel-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001767258-24-000033
- JSON: https://secwatch.observer/filing/0001767258-24-000033.json
- Plain text: https://secwatch.observer/filing/0001767258-24-000033.txt

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