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 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 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 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 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%.
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 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.
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 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.
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).
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.
Max materiality 0.80 · Median 0.50 · Most common event earnings