Every material Form 8-K XPEL filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
XPEL reported third-quarter 2025 revenue up 11.1% to $125.4 million, while net income fell 11.8% to $13.1 million, or $0.47 per share, as gross margin and operating expenses moved against profit. The company also said it plans to invest $75 million to $150 million over the next two years in manufacturing and supply chain, with a goal of lifting gross margin to 52% to 54% by the end of 2028.
Q3 2025 revenue was $125.4 million, up 11.1% from $112.9 million a year earlier; gross margin was 41.8%, down from 42.5%.
Q3 2025 net income was $13.1 million, or $0.47 per share, versus $14.9 million, or $0.54 per share, in Q3 2024.
Company expects fourth-quarter 2025 revenue of approximately $123 million to $125 million.
Planned investment of $75 million to $150 million over the next two years, targeting gross margin of 52% to 54% and operating margin in the mid to high 20% range by the end of 2028.
XPEL, Inc. amended its Credit Agreement with Wells Fargo Bank, N.A. as Administrative Agent, extending the maturity from April 6, 2026 to September 11, 2028. The secured revolving facility allows borrowings and letters of credit of up to $125 million, and the amendment pushes out the company's refinancing timeline by about two and a half years.
Amendment dated September 11, 2025 extends maturity from April 6, 2026 to September 11, 2028
Secured revolving facility of up to $125 million; obligations secured by a first priority interest in XPEL's material property and assets
Financial covenants: Consolidated Total Leverage Ratio not above 3.50 to 1.00 and Consolidated Interest Coverage Ratio not below 3.00 to 1.00
XPEL reported second-quarter 2025 revenue up 13.5% to $124.7 million and net income up 7.8% to $16.2 million, or $0.59 per share. EBITDA rose 7.1% to $23.4 million, but its margin fell to 18.7% of revenue from 19.9%, and the company cited about $1.6 million in one-time charges. The company expects third-quarter 2025 revenue of approximately $117 million to $119 million.
Q2 2025 revenue rose 13.5% to $124.7 million; window film revenue rose 27.0%.
Net income rose 7.8% to $16.2 million, or $0.59 per basic and diluted share, versus $0.54 a year earlier.
EBITDA rose 7.1% to $23.4 million; about $1.6 million in one-time charges were included.
Company expects third-quarter 2025 revenue of approximately $117 million to $119 million.
XPEL reported first-quarter 2025 revenue of $103.8 million, up 15.2%, and net income of $8.6 million, up 28.8%, with EPS of $0.31 versus $0.24. The board authorized a stock repurchase of up to $50 million, and the company expects second-quarter 2025 revenue of approximately $117 million to $119 million. The results are preliminary and unaudited until the Form 10-Q, expected on or before May 9, 2025.
Revenue rose 15.2% to $103.8 million; net income rose 28.8% to $8.6 million
Diluted EPS was $0.31 versus $0.24 in the first quarter of 2024
Board authorized repurchases of up to $50 million of common stock
Company expects second-quarter 2025 revenue of approximately $117 million to $119 million
XPEL reported preliminary, unaudited fourth-quarter and full-year 2024 results on February 26, 2025. Revenue grew in both periods, but net income declined, and first-quarter 2025 revenue is expected to be approximately $97 million to $99 million. Shareholders get higher sales alongside lower profit, with China revenue down 44.3% in the quarter.
Q4 2024 revenue rose 1.9% to $107.5 million; net income fell 25.7% to $8.9 million, or $0.32 per share, from $0.43 a year earlier.
Full-year 2024 revenue rose 6.1% to $420.4 million; net income fell to $45.5 million, or $1.65 per share, from $52.8 million, or $1.91 per share, in 2023.
The company expects first-quarter 2025 revenue of approximately $97 million to $99 million.
A recently completed workforce reduction is expected to yield approximately $2 million in annual run-rate savings.
XPEL disclosed that Babatunde Awodiran, Senior Vice President, General Counsel and Corporate Secretary, separated from the company effective February 18, 2025. The filing states his departure was not the result of any material disagreement with the company regarding its operations, policies or practices.
Departing officer: Babatunde Awodiran, Senior Vice President, General Counsel and Corporate Secretary
Separation effective February 18, 2025
Company states no material disagreement regarding operations, policies or practices
Filing does not name a successor or disclose separation terms
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every XPEL filing is on SEC EDGAR ↗. 8-K briefs of other companies →