The table below shows XPEL, Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$476.20M
$420.40M
$396.29M
$323.99M
$259.26M
$158.92M
Cost of revenue
$275.18M
$243.04M
$233.88M
$196.48M
$166.59M
$104.90M
Gross profit
$201.02M
$177.36M
$162.41M
$127.51M
$92.68M
$54.02M
R&D
$2.90M
$2.90M
$2.90M
$400.00K
$400.00K
$100.00K
XPEL annual revenue (10-K history)
XPEL, Inc. reported annual revenue of $476.20M for fiscal year 2025. That is up 13.3% from $420.40M in fiscal 2024. Over the 8 fiscal years shown, annual revenue grew from $109.92M (FY 2018) to $476.20M. Figures come from the company's audited annual reports as filed with the SEC.