secwatch.observer — SEC 8-K summary
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Issuer:     XPEL, Inc. (XPEL)
CIK:        0001767258
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001767258-25-000064
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1767258/000176725825000064/0001767258-25-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1767258/000176725825000064/xpel-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001767258-25-000064

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