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. completed the acquisition of its existing San Antonio, Texas storage, fabrication and warehouse site plus adjoining properties for approximately $60.4 million, consolidating a four‑building, 435,000‑square‑foot campus that will anchor its North American manufacturing and operations. The deal was funded with a new $44.8 million building loan from PNC Bank and a $15.6 million equity contribution to its subsidiary Harvest Ventures Holding Company, with XPEL guaranteeing the loan.
In a related strategy update, XPEL announced it expects to invest about $110 million across this San Antonio expansion and the acquisition of a manufacturing facility in China. The company plans to occupy roughly 230,000 square feet at the San Antonio site over the next 12 to 24 months while keeping third‑party tenants for future expansion flexibility. XPEL intends to fund most spending beyond the real estate financing using cash on hand and operating cash flow, and it reaffirmed its goal of operating margins in the mid‑20% range on a run‑rate basis by the end of 2028.
XPEL anticipates minimal impact to 2026 EPS from these initiatives, as higher occupancy and build‑out costs are expected to be largely offset by benefits and synergies from the China manufacturing facility, with incremental margin contribution beginning in mid‑2027.
XPEL, Inc. ownership disclosure: Alta Fox-affiliated persons report beneficial ownership of 1,924,258 shares of XPEL common stock, representing 7.0% of the class. The filing attributes this position to Alta Fox Opportunities Fund, LP with indirect holdings through affiliated entities and Connor Haley as manager.
The percentage is calculated using 27,560,985 shares outstanding as of May 8, 2026, per XPEL's Form 10-Q for the quarter ended March 31, 2026. Signatures on the amendment are dated May 15, 2026.
XPEL, Inc. delivered solid growth in the quarter ended March 31, 2026. Total revenue rose to $117.4M from $103.8M, driven by higher demand for paint protection and window films and expanding installation services.
Net income attributable to stockholders increased to $10.3M from $8.6M, with diluted EPS up to $0.37 from $0.31. EBITDA grew to $17.0M. Gross margin improved to 43.7% of revenue, while the company ended the quarter with $45.1M in cash and no borrowings on its $125M main credit facility.
XPEL, Inc. reported strong preliminary first-quarter 2026 results with revenue of $117.4 million, up 13.1% year-over-year. Gross margin improved to 43.7% from 42.3%, showing better profitability on each dollar of sales.
Net income attributable to stockholders rose 20.5% to $10.3 million, with diluted EPS increasing to $0.37 from $0.31. EBITDA grew 17.8% to $17.0 million, or 14.5% of revenue. Net cash provided by operating activities more than doubled to $7.4 million from $3.2 million.
Growth was broad-based, with total service revenue up 14.1% and total installation revenue up 24.3%. China revenue increased 44.4%, and overall Asia Pacific revenue rose 37.5%. For the second quarter of 2026, the company expects revenue of approximately $135–$137 million.
XPEL, Inc. director Mark Andrew Thornton filed an initial Form 3 reporting his beneficial ownership as an insider. In this filing, the transaction summary shows zero buys, zero sells, zero derivative exercises, and no holding entries, indicating no reportable transactions or positions in this data.
XPEL, Inc. is holding its 2026 annual stockholder meeting by webcast on June 10, 2026 to elect five directors, ratify Deloitte & Touche LLP as auditor for 2026, and approve an advisory vote on executive pay. Stockholders of record at the close of business on April 15, 2026, when 27,561,035 common shares were outstanding, may vote.
The Board is majority independent, with separate Audit, Compensation, and Nominating and Corporate Governance Committees, and an insider trading and anti-hedging policy. Several institutional investors each hold more than 5% of the stock, and directors and executives together hold 9.4%.
For 2025, revenue rose 13.3% to $476.2 million and net income was $51.6 million, or $1.85 per share. EBITDA was $77.4 million. Executive pay is heavily performance-based: CEO Ryan Pape earned total compensation of $2.7 million and CFO Barry Wood $1.0 million, driven by bonuses paid at 124.5% of target and equity awards tied to multi-year revenue and EPS goals.
XPEL, Inc. has appointed Mark Thornton to its Board of Directors effective April 23, 2026. Under the company’s bylaws, he will serve until the Annual Meeting of Stockholders scheduled for June 10, 2026, and he will also sit on the Compensation and Nominating and Corporate Governance Committees.
Thornton, age 51, brings more than 28 years of experience at The Procter & Gamble Company, including leadership roles in China, Europe, and the United States. He currently serves as Vice President for global quality assurance across several major P&G brands in baby, feminine, and family care, with a background in innovation, strategy, product development, consumer research, and materials science. As a non-employee director, he will receive the standard annual cash retainer of $60,000, prorated for 2026, which he may elect to receive in XPEL common stock, and he will be covered by the company’s standard director indemnification insurance.
XPEL, Inc. director Richard K. Crumly reported routine equity compensation activity. On September 16, 2025, December 16, 2025, and March 16, 2026, he exercised restricted stock units, converting 532 RSUs on each date into a total of 1,596 shares of common stock at a stated price of $0.00 per share. Following the latest transaction, he holds 5,334 common shares directly. Additional indirect holdings are reported as 316,912, 1,076,743, and 15,500 common shares held through entities and a spouse, with footnotes noting his status as a control person for certain LLCs and a disclaimer of beneficial ownership of his spouse’s shares. The RSUs were granted on June 16, 2025 under XPEL’s 2020 Equity Incentive Plan and vest in quarterly installments over one year.
XPEL, Inc. director John F. North reported routine equity compensation activity. On September 16, 2025, December 16, 2025, and March 16, 2026, he exercised restricted stock units (RSUs) in three separate tranches of 532 units each, converting them into 532 shares of common stock on each date at a price of $0.00 per share.
Across these transactions, he exercised a total of 1,596 RSUs into common stock and did not sell any shares. After the most recent transaction on March 16, 2026, he directly holds 9,743 shares of XPEL common stock and 532 RSUs. The footnotes explain that each RSU represents a right to receive one share of common stock and that these RSUs were granted on June 16, 2025 under the XPEL 2020 Equity Incentive Plan, vesting quarterly over one year through June 16, 2026.
XPEL, Inc. director Mike Klonne reported routine equity compensation activity, exercising restricted stock units into common shares at no exercise price. On September 16, 2025, December 16, 2025, and March 16, 2026, a total of 1,596 restricted stock units converted into 1,596 shares of common stock.
Following the most recent transaction, Klonne holds 3,716 shares of common stock directly. A separate holding entry shows 45,008 shares of common stock held indirectly by the Michael A. Klonne Living Trust as of September 16, 2025. The restricted stock units were granted under XPEL’s 2020 Equity Incentive Plan and vest quarterly over one year, ending on June 16, 2026.