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.
Wasatch Advisors reported beneficial ownership of 3,431,038 shares of XPEL, Inc. common stock, equal to 12.4% of the class as of September 30, 2026. It reported sole voting power over 2,338,002 shares and sole dispositive power over 3,431,038 shares; shared voting and dispositive power were both 0.
XPEL, Inc. director Richard K. Crumly reported the conversion of 441 restricted stock units into 441 shares of common stock on October 5, 2026. Each RSU represents a contingent right to receive one common share. After the transaction, his reported direct holdings were 1,324 RSUs and 6,307 common shares.
XPEL, Inc. director Mike Klonne reported converting 441 restricted stock units into 441 shares of common stock on October 5, 2026. After the transaction, he held 1,324 restricted stock units and 4,689 shares of common stock directly. The report separately lists 45,008 shares held indirectly by the Michael A. Klonne Living Trust. The 1,765 RSUs granted to him on June 10, 2026 vest in quarterly installments over a one-year period, provided he remains in continuous service; the final vesting date is June 10, 2027.
XPEL, Inc. director John F. North reported the vesting and conversion of 441 Restricted Stock Units into 441 shares of common stock on September 10, 2026. After these transactions, he holds 1,324 RSUs and 10,716 common shares directly. No Rule 10b5-1 trading plan is reported.
XPEL, Inc. insider Stacy L. Bogart, a director, reported an exercise of 441 Restricted Stock Units into 441 shares of Common Stock on September 10, 2026. This reflects vesting under a prior equity grant, leaving Bogart with 1,324 RSUs and 8,907 shares of Common Stock held directly.
The RSUs relate to a grant of 1,765 RSUs made on June 10, 2026 under the XPEL 2020 Equity Incentive Plan, which vests in quarterly installments over one year, contingent on Bogart’s continuous service. No Rule 10b5-1 trading plan is indicated for these transactions.
XPEL, Inc. (XPEL) is the subject of an amended Schedule 13G in which The Vanguard Group reports that it now beneficially owns 0 shares of XPEL common stock, representing 0% of the class. Vanguard states that an internal realignment on January 12, 2026 caused certain subsidiaries and business divisions that previously were aggregated with The Vanguard Group to report their holdings separately, in reliance on SEC Release No. 34-39538. The amendment also states it is being filed solely to correct the issuer CIK reported in a prior amendment and that no change in beneficial ownership is being reported as a result of this correction.
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.