XPEL Q2 Revenue Beats Consensus by 6%, Guides Q3 Above Street
XPEL sits 52% above its 52-week low of $31.5 on elevated volume (1.8× avg).
Summary
XPEL reported Q2 2026 revenue of $143.1M, beating consensus by 6%, with adjusted EPS of $0.68. Gross margin improved to 44.1%, and Q3 guidance of $137-$139M came in above Street expectations.
Key Events · Earnings and Guidance · XPEL
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Q2 Revenue Beat
Revenue of $143.1M rose 14.7% YoY, exceeding the $135.1M consensus estimate by 6%.
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Earnings Outperformance
Adjusted EPS of $0.68 beat expectations; GAAP net income grew 10.7% to $18.0M.
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Margin Expansion
Gross margin improved to 44.1% from 42.9% a year ago, driven by product mix and operating leverage.
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China Revenue Surge
China revenue jumped 106.7% YoY to $15.9M, now representing 11.1% of total revenue.
Analysis · XPEL · Manufacturing
A strong second quarter saw XPEL deliver revenue of $143.1M, beating the $135.1M consensus by 6%, while adjusted EPS of $0.68 topped estimates. Gross margin expanded 120 bps to 44.1%, and China revenue more than doubled. The company guided Q3 revenue to $137-$139M, above the pre-release consensus, signaling continued momentum. Heavy capex of $72.9M reflects the ongoing manufacturing expansion, but operating cash flow of $30.8M remains healthy. This earnings beat and raised outlook reinforce the growth narrative, especially after the recent $110M manufacturing investment announcement.
At the time of this filing, XPEL was trading at $48.01 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $31.50 to $55.91. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.