XPEL, Inc. Reports Strong Q1 2025 Growth

Xpel, Inc. ( (XPEL) ) has released its Q1 earnings. Here is a breakdown of the information Xpel, Inc. presented to its investors.

XPEL, Inc. is a global leader in the protective films and coatings industry, offering a range of products including automotive paint protection film, surface protection film, automotive and architectural window films, and ceramic coatings. The company is known for its extensive network of trained installers and proprietary DAP software, providing high-quality products and exceptional customer service.

In the first quarter of 2025, XPEL reported a robust financial performance with a 15.2% increase in revenue, reaching $103.8 million, and a 28.8% growth in net income to $8.6 million. The company also announced a $50 million stock repurchase program, reflecting confidence in its financial health and future prospects.

Key financial metrics for the quarter included a gross margin of 42.3%, an EBITDA increase of 23.2% to $14.4 million, and a significant rise in net income per share from $0.24 to $0.31. Geographically, the company saw substantial revenue growth in China and the Asia Pacific region, while the United States remained its largest market.

Looking ahead, XPEL’s management remains focused on delivering outstanding products and services amid ongoing tariff uncertainties. The company anticipates second-quarter revenue to be between $117 million and $119 million, indicating continued growth and expansion in its global markets.