XPEL Inc (XPEL)
NASDAQ:XPEL
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Earnings Data
Report Date
Aug 12, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.6Last Year’s EPS
0.59Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasizes strong operational and financial momentum—record consolidated margins, a record Water Infrastructure quarter ($97M) with 56% gross margins, robust adjusted EBITDA ($77.6M), sequential improvement in Water Services, and positive Chemical Technology outlook—supported by commercial wins, strategic Northern Delaware acquisitions, reduced SG&A, and an improved liquidity position. Offsetting risks include a short-term operating cash flow drag from higher receivables, a materially higher full-year CapEx outlook ($200M–$250M), elevated D&A, and some Q2 softness and macro/regional uncertainties that management is monitoring. On balance, the positive growth, margin expansion, contract wins, and balance sheet improvement materially outweigh the near-term cash and capital spend headwinds.Company Guidance
Record consolidated gross margin and strong consolidated results
Consolidated gross margins before D&A exceeded 30% for the first time (new all-time high). Consolidated adjusted EBITDA was $77.6 million in Q1 (up $13.5 million vs. 2025) and net income increased by $11.5 million; consolidated revenue increased by $19.5 million year-over-year.
Water Infrastructure — record quarter and margin expansion
Water Infrastructure delivered record quarterly revenue of approximately $97 million, reported revenue growth of 19% vs. 2025 (Chris also referenced >33% year-over-year growth in certain commentary), and achieved very strong gross margins before D&A of 56%—meaningfully above guidance.
Scale and operational throughput
The water infrastructure network managed roughly 1.4 million barrels per day of produced water in Q1, with increases in both recycling and disposal volumes supporting revenue and margin expansion.
Commercial wins and low-capital expansion
Since the start of 2026 the company added multiple commercial agreements across basins: 3 MVCs, 2 acreage dedications, 2 ROFR dedications, and 8 interruptible agreements (Permian, Northeast, Bakken, Mid‑Con), enabling incremental revenue often with low-to-no additional capital.
Strategic acquisitions in Northern Delaware
Closed multiple Northern Delaware Basin acquisitions adding ~4,000 acres of surface/minerals, ~30,000 bbl/day disposal capacity, ~1,800 acre-feet/year of water rights and ~500,000 barrels of storage; subsequent acquisitions totaled approximately $29 million and are expected to integrate efficiently.
Water Services sequential improvement
Water Services outperformed expectations with ~7% sequential revenue growth vs. Q4 and gross margins before D&A improving to 21.8% from 19.6% (a ~2.2 percentage-point improvement); Q2 margins guided to remain in the 20%–22% range.
Chemical Technology momentum and Q2 outlook
Chemical Technology posted Q1 revenue of roughly $78 million with a 19% gross margin (in line with guidance) and the company expects strong sequential Q2 revenue growth of 10%–15% and margins expanding into the 20%–21% range driven by demand for friction reducers and specialty surfactants.
Cost control and balance sheet improvement
SG&A decreased by more than 6% to $40.6 million (~11% of revenue). Following an equity offering the company repaid revolver borrowings, ended the quarter with $196 million net debt and over $300 million of total available liquidity; net interest expense is expected to be ~$4M–$6M per quarter.
XPEL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
XPEL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $49.37 | $43.53 | -11.83% |
Feb 25, 2026 | $50.47 | $47.01 | -6.86% |
Nov 05, 2025 | $34.98 | $35.31 | +0.94% |
Aug 06, 2025 | $32.75 | $34.52 | +5.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does XPEL Inc (XPEL) report earnings?
XPEL Inc (XPEL) is schdueled to report earning on Aug 12, 2026, Before Open (Confirmed).
What is XPEL Inc (XPEL) earnings time?
XPEL Inc (XPEL) earnings time is at Aug 12, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is XPEL EPS forecast?
XPEL EPS forecast for the fiscal quarter 2026 (Q2) is 0.6.