XPEL Q2 revenue rises on China, Asia Pacific growth

XPEL

05/08/2026 12:41

Overview
Protective films provider's preliminary Q2 revenue grew 14.7%, beating analyst expectations
Adjusted EPS for preliminary Q2 rose to $0.68 from $0.59 a year earlier
Gross margin for preliminary Q2 improved to 44.1% from 42.9% last year

Outlook
XPEL expects Q3 2026 revenue of approximately $137 mln to $139 mln

Result Drivers
CHINA AND ASIA PACIFIC GROWTH - Revenue from China more than doubled and Asia Pacific rose 68.3% YoY, contributing significantly to overall revenue growth
WINDOW FILM SALES - Total window film revenue increased 16.1% YoY and represented 22.7% of total revenue
MANUFACTURING EXPANSION - CEO said company accomplished first key objectives of manufacturing expansion in Q2

Company press release: ID:nBw4SbQVPa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$143.10 mln
$135.08 mln (3 Analysts)
Q2 Net Income attributable to stockholders
 
$18 mln
 
Q2 Gross Margin
 
44.10%
 
Q2 EBITDA
 
$27.60 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"
Wall Street's median 12-month price target for XPEL, Inc. is $55.00, about 19.8% above its August 4 closing price of $45.91
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 20 three months ago

Reuters Recommended Reads
Aug 4 - Standard Motor Products beats Q2 adjusted EPS estimates, reaffirms FY guidance 
Aug 5 - Valvoline Q3 adjusted EPS rises 21%, beats estimates
Aug 4 - RB Global Q2 revenue, beats estimates driven by automotive sector

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)