Welcome to our dedicated page for XPEL SEC filings (Ticker: XPEL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
XPEL, Inc. filings document the formal reporting of a Nevada corporation that sells protective films, coatings and related automotive services. Form 8-K reports include quarterly and annual operating results, material agreements, amendments to bylaws, changes to security-holder rights, board appointments and insider-trading policy updates.
Proxy materials describe director elections, board committee structure, executive compensation, equity awards, ownership and shareholder voting matters. Credit-agreement disclosures cover secured revolving loans, letters of credit, maturity terms, SOFR-based borrowing options, covenants and collateral tied to XPEL's material property and assets.
XPEL, Inc. reported Q2 2026 revenue of $143.1 million, up 14.7% year over year, with net income of $18.3 million and diluted EPS of $0.65. For the first half, revenue reached $260.4 million and net income $28.8 million, both growing double digits.
Growth was led by paint protection film (up 19.4%) and window film (up 16.1%), with strong contributions from China and broader Asia-Pacific. Product revenue was 78% of total and gross margin improved to 44.1%, supported by better mix and operating leverage. Q2 EBITDA was $27.6 million.
Operating cash flow of $38.2 million funded significant investments, including a major San Antonio manufacturing campus and a China manufacturing acquisition, alongside a new $44.8 million term loan. Cash was $40.7 million, the $125 million revolver was undrawn, and share repurchases totaled $2.9 million year to date.
XPEL, Inc. reported preliminary unaudited results for the quarter and six months ended June 30, 2026, highlighted by record Q2 revenue of $143.1 million, up 14.7% year over year. Gross margin improved to 44.1% from 42.9%. Net income attributable to stockholders rose 10.7% to $18.0 million, with diluted EPS of $0.65 versus $0.59 a year earlier.
EBITDA increased 17.6% to $27.6 million, or 19.3% of revenue, and adjusted EBITDA was $28.3 million, or 19.8% of revenue. For the first six months of 2026, revenue was $260.4 million, up 14.0%, and net income attributable to stockholders was $28.4 million, with diluted EPS of $1.03 versus $0.90 in 2025.
Geographically, Q2 2026 revenue grew 11.7% in the United States to $78.6 million and 106.7% in China to $15.9 million, with Asia Pacific up 68.3%. Operating cash flow for Q2 was $30.8 million, while $72.9 million was used in investing activities, primarily for manufacturing investments in San Antonio and China. The company expects Q3 2026 revenue of approximately $137–$139 million.
Thornton Mark Andrew reported disposition transactions in this Form 4 filing.
XPEL, Inc. director Mark Andrew Thornton reported the forfeiture of 1,765 restricted stock units previously granted under the XPEL 2020 Equity Incentive Plan. The RSUs, scheduled to vest quarterly beginning September 10, 2026, were cancelled in full for no consideration upon his Board resignation effective July 30, 2026, and no common shares were issued.
XPEL, Inc. reported that on July 30, 2026, board member Mark Thornton resigned from the Board of Directors, effective immediately. The company stated that his resignation was not due to any disagreement regarding its operations, policies, or practices.
Thornton resigned because his employer adopted a new policy that prohibits him from serving on XPEL’s board. The Board expressed appreciation for his service and contributions during his tenure.
XPEL, Inc. Senior Vice President and CFO Barry Wood reported equity compensation and related tax withholding transactions in company stock. On June 19, 2026, he acquired 968 shares of common stock as a grant at no cost and 637 shares through the conversion of restricted stock units into common stock. To cover tax obligations, 391 shares of common stock were withheld at a price of $45.45 per share. After these transactions, Wood directly holds 30,569 shares of XPEL common stock.
XPEL, Inc. President and CEO Ryan Pape reported routine equity compensation activity involving restricted stock units and related tax withholding. On June 19, 2026, he received 3,026 shares of common stock as a grant or award and acquired 1,990 shares of common stock through the exercise of restricted stock units. To cover tax obligations, 1,222 shares of common stock were disposed of at $45.45 per share via tax-withholding transactions, not open-market sales. Following these transactions, he directly holds 1,088,307 shares of XPEL common stock and continues to hold 1,991 restricted stock units, each representing a right to receive one share upon vesting.
XPEL, Inc. director Stacy L. Bogart exercised restricted stock units to acquire additional common shares in the company. On June 16, 2026, 532 RSUs converted into 532 shares of XPEL common stock, reflecting the settlement of equity compensation rather than an open‑market purchase or sale.
The RSUs were granted on June 16, 2025 under the XPEL 2020 Equity Incentive Plan and vested in quarterly installments over one year, contingent on continuous service. After this transaction, Bogart directly holds 8,466 shares of XPEL common stock, and no remaining RSUs are shown in this filing.
XPEL, Inc. director Richard K. Crumly reported routine equity compensation activity involving restricted stock units (RSUs). On June 16, 2026, he exercised RSUs into 532 shares of XPEL common stock at an exercise price of $0.00 per share, increasing his direct holdings to 5,866 common shares.
The filing also lists several indirect positions. These include 1,076,743 shares held by CARPE, LLC and 316,912 shares held by ADAMAS, LLC, entities where Mr. Crumly is described as a control person, and 15,500 shares held by his spouse, which he disclaims beneficial ownership of. A footnote states that the filing should not be deemed an admission that he is the beneficial owner of equity securities beyond his pecuniary interests.
XPEL, Inc. director Mike Klonne reported routine equity compensation activity. On the reported date, 532 Restricted Stock Units converted into 532 shares of XPEL common stock at a stated price of $0.00 per share, reflecting the vesting of previously granted RSUs.
After this exercise, Klonne directly holds 4,248 shares of common stock. An additional 45,008 shares of common stock are held indirectly through the Michael A. Klonne Living Trust. The RSUs stem from a grant made on June 16, 2025 under the XPEL 2020 Equity Incentive Plan, which vests in quarterly installments through June 16, 2026.
XPEL, Inc. director John F. North exercised restricted stock units into common shares. On June 16, 2026, he converted 532 restricted stock units into 532 shares of XPEL common stock at a stated price of $0.00 per share.
After this equity award vesting and conversion, North directly holds 10,275 shares of XPEL common stock. The restricted stock units were originally granted on June 16, 2025 under the XPEL 2020 Equity Incentive Plan and vested in quarterly installments over a one-year period, with a final vesting date of June 16, 2026.