XPEL Sees 13.7% Q4 Revenue Growth to $122.3M and 37.6% EBITDA Jump
XPEL’s fourth-quarter revenue rose 13.7% to $122.3 million with EBITDA up 37.6% to $19.6 million and net income increasing 50.7% to $13.4 million. Full-year 2025 revenue grew 13.3% to $476.2 million with net income of $51.2 million and EBITDA of $77.4 million.
1. Fourth Quarter Financial Results
XPEL’s fourth-quarter revenue increased 13.7% to $122.3 million, with gross margin expanding to 41.9%. EBITDA rose 37.6% to $19.6 million (16.0% of revenue) and net income jumped 50.7% to $13.4 million, driving stronger profitability.
2. Full-Year 2025 Results
For the full year, revenue grew 13.3% to $476.2 million while gross margin remained steady at 42.2%. Net income reached $51.2 million ($1.85 per share) and EBITDA totaled $77.4 million, representing 16.3% of revenue.
3. Regional Performance
In North America, revenue climbed 8.3% to $78.5 million in Q4, led by an 11.0% increase in U.S. sales. China revenue surged 51.9% to $14.0 million, EMEA rose 26.8% to $15.2 million and Asia Pacific grew 33.8% to $19.4 million.
4. Management Commentary
Management stated that the international footprint is now largely complete and will shift focus to driving sales growth and operating leverage across all regions going forward.