Xpel Inc (XPEL) FinancialsXPELFinancialXpel Inc

XPEL, Inc. (XPEL) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Paint protection film, accounting for 52.5% of total sales, equivalent to $61.66M. Other significant revenue streams include Window film and Installation labor. Understanding this composition is critical for investors evaluating how XPEL navigates market cycles within the Auto, Truck & Motorcycle Parts industry.

Evaluating the bottom line, XPEL, Inc. maintains a gross margin of 44.14%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 16.23%, while the net margin is 12.79%. These profitability ratios, combined with a Return on Equity (ROE) of 19.48%, provide a clear picture of how effectively XPEL converts its operational activities into shareholder value.

In the context of the broader market, XPEL competes directly with industry leaders such as GT and SMP. With a market capitalization of $1.38B, it holds a significant position in the sector. When comparing efficiency, XPEL's gross margin of 44.14% stands against GT's 17.11% and SMP's 32.82%. Such benchmarking helps identify whether XPEL, Inc. is trading at a premium or discount relative to its financial performance.

XPEL's Q2 revenue was $143.1 million, a 14.8% year-over-year increase, and the company reported a non-GAAP EPS of $0.68, exceeding expectations. The gross margin improved to 44.14% in Q2 2026, indicating strong profitability.