Mark Thornton
On April 23, 2026, the Board of Directors of XPEL, Inc. (the “Company) appointed Mark Thornton to the Board of Directors of the Company.
Highest-materiality recent filing
XPEL Q2 2026: Record revenue $143.1M (+14.7%), net income $18.0M (+10.7%)
Revenue $143.1M (+14.7% YoY); net income $18.0M (+10.7%); EPS $0.65 per share.
XPEL director Mark Thornton resigns effective July 30, 2026
Mark Thornton resigned from the Board on July 30, 2026, effective immediately.
XPEL shareholders elect all six director nominees and ratify auditor at 2026 annual meeting
All six director nominees elected: Ryan Pape (17.6M for), Stacy Bogart (11.8M for), Richard Crumly (12.9M for), Michael Klonne (15.2M for), John North (16.9M for), Mark Thornton (18.2M for).
XPEL invests ~$110M in San Antonio facility and China manufacturing; reaffirms 2028 margin targets
Acquired 435,000-sq-ft San Antonio site for ~$60.4M; financed with $44.8M building loan (4.7% rate, 10-yr term).
XPEL Q1 2026 revenue +13.1% to $117.4M; EPS $0.37 vs $0.31 YoY; guides Q2 rev $135-137M
Revenue $117.4M (+13.1% YoY); net income $10.3M ($0.37 diluted EPS) vs $8.6M ($0.31) in Q1 2025.
XPEL appoints Mark Thornton to Board of Directors, effective April 23, 2026
Mark Thornton appointed to XPEL Board; also joins Compensation and Nominating & Governance Committees.
XPEL Q4 2025 revenue $122.3M (+13.7%), EPS $0.48, EBITDA +37.6%, guides Q1 rev ~$113M
Q4 2025 revenue $122.3M (+13.7% YoY); net income $13.4M ($0.48 diluted EPS) vs $8.9M ($0.32) in Q4 2024.
XPEL amends bylaws to require cause for director removal; reduces insider trading blackout period
Bylaw amendment: directors may only be removed for cause, by 2/3 stockholder vote or majority board vote.
XPEL Q3 revenue +11.1% to $125.4M; announces $75M-$150M supply chain investment
Revenue $125.4M, up 11.1% YoY; gross margin 41.8% vs 42.5% last year.
XPEL Amends Bylaws to Designate Nevada Courts as Exclusive Forum for Shareholder Litigation
On October 28, 2025, XPEL amended its bylaws to require that certain shareholder claims be brought exclusively in the Eighth Judicial District Court of Clark County, Nevada.
XPEL extends credit facility maturity to Sept 2028; $125M revolver unchanged
Maturity extended from April 2026 to September 11, 2028 via First Amendment.
XPEL Q2 2025 revenue +13.5% to record $124.7M; EPS $0.59, normalized $0.63
Net income $16.2M, +7.8% YoY; adjusted net income $17.5M, +16.7%.
Elected all five directors (Pape, Bogart, Crumly, Klonne, North) with overwhelming support; ~2.66M broker non-votes.
XPEL Q1 revenue up 15.2% to $103.8M, net income +28.8%, announces $50M buyback
Revenue $103.8M (up 15.2% YoY); net income $8.6M ($0.31/sh) vs $6.7M ($0.24/sh) in Q1 2024.
XPEL Q4 revenue $107.5M (+1.9%); net income down 25.7% to $8.9M; EPS $0.32
Q4 revenue $107.5M, up 1.9% YoY; ex-China revenue grew 10.5%.
XPEL General Counsel departs; no replacement named
Babatunde Awodiran separated as SVP, General Counsel and Corporate Secretary effective February 18, 2025.
XPEL reports record Q3 revenue of $112.9M, up 9.9% YoY; net income $14.9M
Revenue $112.9M (+9.9% YoY); gross margin 42.5% vs 40.4% a year ago.
XPEL reports record Q2 revenue of $109.9M (+7.5% YoY); net income down 4.5%
Revenue $109.9M (record); net income $15.0M ($0.54 EPS), down from $15.7M ($0.57) YoY.
Director nominees elected: Ryan Pape (17.09M for), Stacy Bogart (16.01M), Richard Crumly (14.27M), Michael Klonne (15.75M), John North (17.84M). Crumly had highest withhold (3.64M).
XPEL Q1 net income down 42%; revenue +5% to $90.1M; cuts FY revenue growth view to 8-10%
EPS fell to $0.24 ($0.29 adjusting for $1.6M dealer conference costs) vs $0.41 in Q1 2023.
XPEL Q4 revenue $105.5M (+34.5%); FY23 revenue $396.3M (+22.3%); guides ~15% growth for 2024
Q4 net income $12.0M ($0.43 EPS), up 43.2% YoY; FY net income $52.8M ($1.91 EPS), up 27.6%.
XPEL Q3 revenue rises 14.4% to record $102.7M; net income up 2.5% to $13.7M
Revenue of $102.7M (record, +14.4% YoY); gross margin improved to 40.4% from 39.8%.
XPEL assigns John North to Compensation (chair) and Audit committees
John North was elected to XPEL's Board effective August 29, 2023.
XPEL amends bylaws to adopt universal proxy card advance notice rules
Board adopted amendments to Sections 2.8 and 2.13 and new Section 2.15 effective October 31, 2023.
XPEL clarifies not involved in Tesla PPF program; Tesla-related revenue ~5% of total
Blog post noted Tesla offering color/clear PPF wraps at two California Service Centers.
XPEL SVP of Sales and Product Mat Moreau retiring effective Oct 31, 2023
Mat Moreau, SVP of Sales and Product, retires after over eight years at XPEL.
XPEL appoints John North (CEO of Lazydays, former Lithia CFO) to Board effective August 29, 2023
John North appointed to XPEL Board effective August 29, 2023; will serve until May 2024 annual meeting.
XPEL files investor presentation with no new material disclosures
Filing contains an August 2023 investor presentation furnished under Item 7.01.
XPEL Q2 revenue hits record $102.2M, up 21.9%; EPS $0.57 vs $0.43 YoY
Revenue $102.2M (+21.9% YoY); gross margin 43.0% all-time high.
Director Mark Adams retires from XPEL board; board expansion to seven members underway
Mark Adams retired from XPEL board effective June 27, 2023, after 13 years of service as Lead Independent Director.
XPEL shareholders elect directors, double authorized shares under equity plan
All five director nominees elected: Pape (16.7M for), Adams (17.0M), Bogart (15.4M), Crumly (14.0M), Klonne (15.4M).
XPEL furnishes May 2023 investor presentation; no material updates
Filing furnishes a May 2023 investor presentation as Exhibit 99.1 for upcoming meetings.
XPEL Q1 revenue +19.5% to $85.8M, gross margin record 41.9%, net income +46.5%
Revenue of $85.8M, up 19.5% YoY; gross margin improved to 41.9% (new company high).
XPEL enters $125M credit facility with Wells Fargo; repays $31M prior debt
New $125M secured revolving credit facility and letters of credit with Wells Fargo as administrative agent.
XPEL Q4 revenue $78.5M (+11.9% YoY), EPS $0.30; full year revenue $324M (+25%)
Q4 revenue $78.5M (+11.9% YoY); net income $8.4M ($0.30 EPS) vs $6.2M ($0.22 EPS) in Q4 2021.
XPEL furnishes investor presentation for November 2022; no material new information disclosed
Company filed an 8-K to furnish a standard investor presentation under Regulation FD.
XPEL reports record Q3 revenue of $89.8M, net income up 59.9% to $13.3M
Revenue rose 31% YoY to $89.8M; gross margin improved to a record 39.8% from 35.7%.
XPEL announces departure of VP, General Counsel and Corporate Secretary Brooks Meltzer
Brooks Meltzer separated from XPEL effective October 14, 2022.
XPEL enters three-year supply agreement with entrotech effective Oct 1
New three-year supply agreement with entrotech effective October 1, 2022, under commercially reasonable terms.
Director Richard Crumly adopts 10b5-1 plan to sell up to 826,856 XPEL shares
Plan allows sale of up to 826,856 shares of XPEL common stock by Carpe, LLC, controlled by Crumly.
August 2022 investor presentation filed as Exhibit 99.1.
CEO Ryan Pape adopts 10b5-1 plan to sell up to 25,000 shares over 22 selling periods
Plan allows sale of up to 25,000 shares of common stock from Sept 19, 2022 to Feb 23, 2023.
XPEL Q2 2022 revenue $83.9M (+22% YoY), EPS $0.43, gross margin 39.3%
Revenue rose 22% to a record $83.9M; net income $11.9M ($0.43 diluted EPS) vs $10.2M ($0.37) a year ago.
XPEL files investor presentation cover; no financial data or updates included
The 8-K attaches a single title slide for a May 2022 investor presentation.
XPEL shareholders elect all five director nominees, ratify auditor at 2022 annual meeting
Ryan L. Pape, Mark E. Adams, Stacy L. Bogart, Richard K. Crumly, Michael A. Klonne elected as directors.
XPEL reports record Q1 revenue of $71.9M, up 38.6% YoY; net income grows 14%
Revenue of $71.9M (record) vs $51.9M in Q1 2021, up 38.6%.
XPEL appoints Stacy Bogart to Board of Directors
Stacy L. Bogart appointed to XPEL board effective March 23, 2022; term until May 18, 2022 Annual Meeting.
XPEL reports record Q4 revenue of $70.1M (+44.3% YoY); full-year revenue $259.3M (+63.1%)
Full-year net income $31.6M ($1.14/sh) vs $18.3M ($0.66/sh) in 2020; EBITDA grew 74.5% to $44.1M.
XPEL terminates supply agreement with entrotech, plans to negotiate new one
XPEL gave notice it will not extend the Amended and Restated Supply Agreement with entrotech.
XPEL increases revolving credit line to $75M from $57M with Texas Partners Bank
Revolving line of credit increased from $57M to $75M via First Amendment dated Dec 29, 2021.
On April 23, 2026, the Board of Directors of XPEL, Inc. (the “Company) appointed Mark Thornton to the Board of Directors of the Company.
Effective February 18, 2025, Babatunde Awodiran, Senior Vice President, General Counsel and Corporate Secretary, has separated from the Company.
After over eight years of stellar service with XPEL, Inc. (the “Company”) Mr. Mat Moreau, Senior Vice President of Sales and Product, has decided to retire from the Company, effective October 31, 2023.
On August 29, 2023, the Board of Directors of XPEL, Inc. (the “Company”) appointed Mr. John North to the Board of Directors (the “Board”) of the Company with immediate effect.
On June 27, 2023, Mr. Mark Adams, a member of the Board of Directors of XPEL, Inc. (the “Company”) notified the Company of his intention to retire from the Company’s Board of Directors (the “Board”), effective June 27, 2023.
Effective October 14, 2022, Brooks Meltzer, Vice President, General Counsel and Corporate Secretary, has separated from the Company.
On March 23, 2022, the Board of Directors of XPEL, Inc. (the “Company”) appointed Stacy L. Bogart to the Board of Directors of the Company.
John A. Constantine, a director of XPEL, Inc. (the “Company”), resigned all of his positions on July 23, 2021.
Max materiality 0.80 · Median 0.50 · Most common event earnings