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AI brief of an SEC Form 8-K · XPEL (XPEL)

XPEL Q3 revenue rises 9.9% to $112.9 million; net income up 9.1%

Mixed Impact 3 of 5 earnings Written later

XPEL reported third-quarter 2024 revenue of $112.9 million, up 9.9% from a year earlier, and net income of $14.9 million, or $0.54 per share, up 9.1%. For the first nine months, net income fell to $36.6 million, or $1.32 per share, from $40.8 million, or $1.48 per share, and the company estimated fourth-quarter revenue at $105 million to $107 million. The results are preliminary and unaudited until the Form 10-Q, expected on or before November 8, 2024.

Key points

  • Q3 2024 revenue $112.9 million, up 9.9%; gross margin 42.5% versus 40.4%
  • Q3 2024 net income $14.9 million, or $0.54 per share, versus $13.7 million, or $0.49 per share
  • Nine-month net income $36.6 million, or $1.32 per share, versus $40.8 million, or $1.48 per share in 2023
  • Q4 2024 revenue estimated at $105 million to $107 million, assuming US growth of about 10%

The filing

CompanyXPEL (XPEL)
Form8-K, current report
Filed with the SECNov 7, 2024, 9:28 AM ET
Accession number0001767258-24-000040

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 07, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.