XPEL Q2 revenue rises on China, Asia Pacific growth
XPEL•Outlook
- XPEL expects Q3 2026 revenue of approximately $137 mln to $139 mln
Overview
- Protective films provider's preliminary Q2 revenue grew 14.7%, beating analyst expectations
- Adjusted EPS for preliminary Q2 rose to $0.68 from $0.59 a year earlier
- Gross margin for preliminary Q2 improved to 44.1% from 42.9% last year
Key details
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Beat | $143.10 mln | $135.08 mln (3 Analysts) |
| Q2 Net Income attributable to stockholders | $18 mln | ||
| Q2 Gross Margin | 44.10% | ||
| Q2 EBITDA | $27.60 mln |
Result drivers
- China and Asia Pacific growth - Revenue from China more than doubled and Asia Pacific rose 68.3% YoY, contributing significantly to overall revenue growth
- Window film sales - Total window film revenue increased 16.1% YoY and represented 22.7% of total revenue
- - CEO said company accomplished first key objectives of manufacturing expansion in Q2
