---
schema_version: "secwatch.filing_event.v1"
accession: "0001767258-24-000040"
form_type: "8-K"
ticker: "XPEL"
cik: "0001767258"
company_name: "XPEL, Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:42:06.010013+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# XPEL reports record Q3 revenue of $112.9M, up 9.9% YoY; net income $14.9M

## Summary
- Revenue $112.9M (+9.9% YoY); gross margin 42.5% vs 40.4% a year ago.
- Net income $14.9M ($0.54 diluted EPS) vs $13.7M ($0.49) in Q3 2023.
- EBITDA $21.7M, up 10.0% YoY; margin unchanged at 19.2% of revenue.
- US revenue record $64.6M (+9.4% YoY); China sales fell 11.6% YoY.
- Q4 2024 revenue guided at $105-107M; US growth ~10% offset by China decline.

## SEC filing metadata
- accession: 0001767258-24-000040
- form_type: 8-K
- ticker: XPEL
- cik: 0001767258
- company_name: XPEL, Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1767258/000176725824000040/0001767258-24-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1767258/000176725824000040/xpel-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001767258-24-000040
- JSON: https://secwatch.observer/filing/0001767258-24-000040.json
- Plain text: https://secwatch.observer/filing/0001767258-24-000040.txt

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