---
schema_version: "secwatch.filing_event.v1"
accession: "0001767258-25-000064"
form_type: "8-K"
ticker: "XPEL"
cik: "0001767258"
company_name: "XPEL, Inc."
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:21:10.899029+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# XPEL Q3 revenue +11.1% to $125.4M; announces $75M-$150M supply chain investment

## Summary
- Revenue $125.4M, up 11.1% YoY; gross margin 41.8% vs 42.5% last year.
- Net income $13.1M ($0.47/diluted share), down 11.8% YoY.
- EBITDA $19.9M (15.9% of revenue), down 8.1% YoY.
- Plans $75M-$150M capex/investments over two years targeting gross margin 52-54% and operating margin mid-to-high 20% by 2028.
- Q4 2025 revenue guidance $123M-$125M.

## SEC filing metadata
- accession: 0001767258-25-000064
- form_type: 8-K
- ticker: XPEL
- cik: 0001767258
- company_name: XPEL, Inc.
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1767258/000176725825000064/0001767258-25-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1767258/000176725825000064/xpel-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001767258-25-000064
- JSON: https://secwatch.observer/filing/0001767258-25-000064.json
- Plain text: https://secwatch.observer/filing/0001767258-25-000064.txt

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