Xpel, Inc. ( (XPEL) ) has released its Q2 earnings. Here is a breakdown of the information Xpel, Inc. presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
XPEL, Inc. is a global provider of protective films and coatings, specializing in automotive paint protection, surface protection, and window films, with a strong focus on quality products and customer service. In the second quarter of 2025, XPEL reported a record revenue of $124.7 million, marking a 13.5% increase compared to the same period in 2024. The company also saw a 7.8% rise in net income, reaching $16.2 million. Key financial metrics for the quarter included a gross margin of 42.9% and EBITDA of $23.4 million, reflecting a 7.1% increase from the previous year. Notably, XPEL’s revenue growth was driven by a significant increase in product and service revenues, with window film revenue surging by 27% year-over-year. The company also experienced robust geographical revenue growth, particularly in China and the Asia Pacific region. Looking ahead, XPEL’s management remains optimistic about maintaining its growth momentum, with a projected revenue range of $117 to $119 million for the third quarter of 2025.