secwatch.observer — SEC 8-K summary
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Issuer:     XPEL, Inc. (XPEL)
CIK:        0001767258
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0001767258-25-000045
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XPEL Q2 2025 revenue +13.5% to record $124.7M; EPS $0.59, normalized $0.63
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- Net income $16.2M, +7.8% YoY; adjusted net income $17.5M, +16.7%.
- EBITDA $23.4M, +7.1%; normalized EBITDA $25.0M, +14.7% (20.0% margin).
- Gross margin 42.9% vs 43.5% YoY; one-time charges of $1.6M (restructuring, M&A costs).
- Q3 2025 revenue guidance ~$117–$119 million.
- China revenue surged 75.1% YoY; window film revenue up 27.0%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1767258/000176725825000045/0001767258-25-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1767258/000176725825000045/xpel-20250806.htm
  HTML page:      https://secwatch.observer/filing/0001767258-25-000045

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer