Nov 4, 7:46 AM ET
XPEL reported preliminary third-quarter 2026 results, with revenue up 9.9% to $137.8 million and net income attributable to stockholders up 26.3% to $16.3 million, or $0.59 per share. The company also expects fourth-quarter 2026 revenue of approximately $125 million to $127 million, and says the results are unaudited and subject to change before its Form 10-Q, anticipated on or before November 6, 2026.
- Q3 2026 revenue was $137.8 million, up from $125.4 million in Q3 2025; gross margin rose to 44.6% from 41.8%.
- Net income attributable to stockholders was $16.3 million, or $0.59 per diluted share, versus $0.47 a year earlier. Adjusted EPS was $0.62.
- Net cash provided by operating activities fell 36.4% to $21.1 million in Q3 2026 from $33.2 million.
- Fourth-quarter 2026 revenue outlook is approximately $125 million to $127 million.
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Aug 5, 8:02 AM ET
XPEL reported preliminary, unaudited second-quarter 2026 results, with revenue up 14.7% to $143.1 million and net income attributable to stockholders up 10.7% to $18.0 million. The company also expects third-quarter 2026 revenue of approximately $137 million to $139 million, and says the quarterly report on Form 10-Q is due on or before August 7, 2026.
- Q2 2026 revenue $143.1 million, up 14.7% from $124.7 million; gross margin 44.1% vs. 42.9%
- Net income attributable to stockholders $18.0 million, or $0.65 per diluted share, vs. $0.59 in Q2 2025; adjusted EPS $0.68
- Q3 2026 revenue outlook of approximately $137 million to $139 million
- Cash used in investing activities $72.9 million in Q2, mainly for San Antonio and China manufacturing investments
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Jul 30, 6:36 PM ET
XPEL, Inc. disclosed that director Mark Thornton resigned from its Board of Directors effective immediately on July 30, 2026. The company says the resignation was not due to any disagreement over its operations, policies, or practices, but because his employer adopted a policy barring him from serving on the Board.
- Mark Thornton resigned as a board member effective immediately, notified July 30, 2026
- Resignation was not related to any disagreement with the company on operations, policies, or practices
- Reason given: a new policy adopted by Thornton's employer prohibits him from serving on the Board
- The Board thanked Thornton for his service and contributions
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May 20, 8:45 AM ET
XPEL completed the purchase of its San Antonio, Texas facility and adjoining properties on May 15, 2026, for approximately $60.4 million. The deal was funded by a $44.8 million PNC Bank loan that XPEL guaranteed and a $15.6 million equity contribution from the company, and it is part of a planned investment of about $110 million, which the company said it expects to fund mainly from cash flow and existing cash, with the company reaffirming its 2028 margin targets and anticipating minimal 2026 EPS impact excluding one-time costs.
- Harvest Ventures Holding Company, a wholly-owned subsidiary, completed the acquisition of four San Antonio properties on May 15, 2026, for approximately $60.4 million.
- Building Loan from PNC Bank: $44.8 million principal, 4.7% interest rate at closing, matures May 15, 2036, 25-year amortization.
- XPEL guaranteed the Building Loan, and a Wells Fargo credit facility amendment permits equity investments of up to $18 million in Harvest and Harvest Industrial Corporation.
- Company expects about $110 million total investment, within its previously communicated $75 million to $150 million range, and also acquired a manufacturing facility in China.
Read the filing on SEC.gov ↗
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