XPEL Q2 FY26 net income rises 10.7% to $18.04 million; revenue increases 14.7% to $143.05 million

Ryan Pape said XPEL finished the first half with momentum; Q3 revenue is expected at about $137 million-$139 million.

XPEL posted Q2 revenue of $143.1 million, up 14.7% year over year; net income attributable to stockholders rose 10.7% to $18 million.

Gross margin widened 1.2 percentage points to 44.1%; EBITDA climbed 17.6% to $27.6 million.

China revenue more than doubled to $15.9 million; North America revenue increased 11.5% to $94.4 million.

Cash from operations increased 10.4% to $30.8 million; investing cash outflows widened to $72.9 million on manufacturing investments in San Antonio and China.