secwatch.observer — SEC 8-K summary
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Issuer:     XPEL, Inc. (XPEL)
CIK:        0001767258
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001767258-26-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XPEL Q4 2025 revenue $122.3M (+13.7%), EPS $0.48, EBITDA +37.6%, guides Q1 rev ~$113M
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- Q4 2025 revenue $122.3M (+13.7% YoY); net income $13.4M ($0.48 diluted EPS) vs $8.9M ($0.32) in Q4 2024.
- Q4 EBITDA $19.6M (16.0% of revenue) up 37.6% YoY; gross margin improved to 41.9% from 40.6%.
- Full-year 2025 revenue $476.2M (+13.3%); net income $51.2M ($1.85 diluted EPS) vs $45.5M ($1.65) in 2024.
- China revenue surged 51.9% in Q4 and 65.3% for the full year; US revenue +11% in Q4.
- Q1 2026 revenue guidance of $112M–$114M; CEO cites focus on sales growth and operating leverage in all regions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1767258/000176725826000007/0001767258-26-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1767258/000176725826000007/xpel-20260225.htm
  HTML page:      https://secwatch.observer/filing/0001767258-26-000007

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