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Companies / Industrials / XPEL, Inc.
XPEL

XPEL, Inc.

IndustrialsFabricated Metal
Ticker XPELSAN ANTONIO, TXFiscal year ends DecemberBook value per share $11.07Diluted shares 27.7M

XPEL, Inc. (NASDAQ: XPEL) operates as a leading supplier of protective films, coatings, and related services primarily serving the automotive aftermarket, new car dealerships, and original equipment manufacturers. The company's website is www.xpel.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$476.20M
+13.3% year over year
Last 12 mo $508.09M
13.16%
−0.9 percentage points
Last 12 mo 13.47%
$51.59M
+13.4% year over year
Last 12 mo $55.60M
18.28%
−1.9 percentage points
Last 12 mo 17.88%
Cash & financing
$66.94M
+40.0% year over year
Last 12 mo $73.99M
$62.93M
+53.1% year over year
Last 12 mo $-2.89M
0.00
Was 0.00× a year earlier
Last 12 mo 0.15
27.7M
+0.1% year over year
Last 12 mo 27.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What XPEL, Inc. does

In the company’s own words

XPEL, Inc. (NASDAQ: XPEL) operates as a leading supplier of protective films, coatings, and related services primarily serving the automotive aftermarket, new car dealerships, and original equipment manufacturers. The company's website is www.xpel.com.

The company began as a software business designing vehicle patterns for cut-to-fit protective film and expanded into product manufacturing in 2007. XPEL's core offerings include surface and paint protection films, automotive window tint films, windshield protection film, architectural window films for commercial and residential applications, and ceramic coatings. Paint protection film and surface protection film represent approximately 52.4 percent of consolidated revenue, while automotive window film accounts for 16.6 percent. Installation services contribute 18.3 percent of revenue. The company also operates a proprietary software platform called the Design Access Platform, a SaaS offering providing access to over 90,000 vehicle pattern applications used by installers and customers.

XPEL distributes products through multiple channels including independent aftermarket installers, new car dealerships, third-party distributors, company-owned installation centers, OEMs, and online sales. Approximately 51 percent of revenue flows through independent installers, while distributors account for roughly 16 percent. The company operates 34 company-owned installation centers across the United States, Canada, India, Taiwan, the United Kingdom, Germany, Australia, Mexico, Japan, Thailand, and China.

As of December 31, 2025, XPEL employed approximately 1,337 people globally, with roughly 729 in the United States and 608 internationally. The company competes primarily against Eastman Chemical Company's LLumar and Suntek brands, along with numerous suppliers in Korea and China. XPEL has pursued an asset-light manufacturing model historically, relying on third-party contract manufacturers and suppliers, though the company is now investing in manufacturing and supply chain assets to enhance cost control and product quality. The company has completed five acquisitions during 2025 to expand its global reach and distribution capabilities.

Company details
Sector
Industrials
Industry
Fabricated Metal
Headquarters
SAN ANTONIO, TX
Fiscal year end
December
CIK
1767258
SIC
3470

Financial performance, year by year

Fiscal 2019–2025 · USD
$-50.81M$101.62M$254.04M$406.47M$558.90M2019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns XPEL, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

218
funds hold it
0 of 35
superinvestors hold it
$508.94M
held by funds, at market
37.8%
of shares held by funds

Largest fund holders · XPEL, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.07%of fund net assets
Wasatch Core Growth Fund
WGROX · WASATCH FUNDS TRUST
1.77%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets
AVE MARIA GROWTH FUND
AVEGX · Schwartz Investment Trust
1.90%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do XPEL, Inc. and its peers compare on margins and cash generation over ten years?”
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