Every 8-K that XPEL, Inc. (XPEL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow XPEL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full XPEL filings page.
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.
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. held its 2026 annual meeting of stockholders on June 10, 2026, with holders of 85% of the 27,682,807 common shares entitled to vote present in person or by proxy. Six directors were elected to one-year terms, with support levels ranging from about 65% to nearly unanimous among votes cast. Mark A. Thornton received 18,238,019 votes for and 18,278 withheld, while Ryan L. Pape received 17,612,880 votes for and 643,417 withheld, each with 5,327,241 broker non-votes. Stockholders also ratified Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026, with 23,569,638 votes for, 10,455 against, and 3,445 abstentions. In addition, stockholders approved, on an advisory basis, the compensation of the named executive officers, with 18,014,540 votes for, 234,918 against, 6,839 abstentions, and 5,327,241 broker non-votes.
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. 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. 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. reported governance and compliance changes. The company amended its bylaws so directors may be removed only for cause, either by at least two‑thirds of the voting power of shares entitled to vote for directors at a stockholder meeting called for that purpose, or by a majority of the Board at a Board meeting called for that purpose. XPEL also amended its Insider Trading Policy, reducing the blackout period for key personnel from the last month of each calendar quarter to the last two weeks, while keeping trades limited to defined window periods after quarterly earnings releases.
XPEL, Inc. reported strong fourth-quarter and full-year 2025 results with solid growth in revenue and profits. Fourth-quarter revenue rose 13.7% to $122.3 million, with gross margin improving to 41.9%. EBITDA grew 37.6% to $19.6 million, and net income attributable to stockholders increased 50.7% to $13.4 million, or $0.49 per basic share.
For 2025, revenue grew 13.3% to $476.2 million, while net income attributable to stockholders reached $51.2 million, or $1.85 per basic and diluted share. EBITDA was $77.4 million, a margin of 16.3%. Growth was broad-based, with particularly strong gains in China and the Asia-Pacific region. Operating cash flow for the year increased 40.0% to $66.9 million, lifting cash and cash equivalents to $50.9 million. The company issued a preliminary outlook for first-quarter 2026 revenue of about $112–$114 million.
XPEL, Inc. announced its consolidated financial results for the three and nine months ended September 30, 2025. The company furnished a press release with the details as Exhibit 99.1.
The information in this update is being furnished, not deemed filed, under the Exchange Act.
XPEL, Inc. amended its bylaws on October 28, 2025 to adopt exclusive forum provisions. Nevada’s Eighth Judicial District Court (or another Nevada state court if needed) is designated as the sole forum for internal corporate matters, including fiduciary duty and actions under NRS Chapters 78 or 92A, and for interpreting the articles or bylaws. U.S. federal district courts are designated as the sole forum for claims under the Securities Act of 1933 and the Securities Exchange Act of 1934.
XPEL, Inc. entered into a secured credit agreement providing up to $125 million of revolving loans and letters of credit, with borrowings priced at either a Base Rate or an Adjusted Term SOFR option. The facility charges a commitment fee of 0.20%–0.25% on unused commitments and a margin that varies by rate type and XPEL's Consolidated Total Leverage Ratio: 0.00%–0.50% for Base Rate loans and 1.00%–1.50% for Adjusted Term SOFR loans. The loans are secured by a first-priority security interest in material assets, subject to permitted encumbrances.
The agreement contains customary affirmative and negative covenants requiring maintenance of legal existence, delivery of financials, insurance, tax payment and limits on certain activities. Two financial covenants apply quarterly: a Consolidated Total Leverage Ratio not to exceed 3.50:1 and a Consolidated Interest Coverage Ratio not to fall below 3.00:1. The filing defines key terms including Adjusted Term SOFR, Base Rate, Consolidated EBITDA and the covenant ratios.