Xpel(NASDAQ) XPEL

XPEL, Inc. sells clear films that protect vehicle paint. It offers window tints for cars and homes to block sunlight. These products help owners keep their property in good condition.

Films That Protect Your Ride

• Paint Protection Film: Clear coatings used to shield car surfaces from environmental damage; accounted for 52.4% of revenue in the six-month period ended June 30, 2026.
• Window Film: Tinted layers for automotive and architectural glass that block ultraviolet rays; comprised 21.4% of revenue in the first six months of 2026.
• Installation Labor: Professional services provided through company-owned centers and dealership networks; represented 18.6% of revenue in the six-month period ended June 30, 2026.
• Proprietary Software: Technical database providing vehicle-specific patterns for precise film cutting; made up 1.7% of revenue in the first six months of 2026.

Building a Global Footprint

• Purchased a four-building site in San Antonio for $60.4 million in May 2026 to centralize North American operations.
• Acquired its Chinese distributor late in the third quarter of 2025 to increase direct sales in the region.
• Bought a manufacturing facility in China to support growing demand and gain better control over the supply chain.
• Expanded direct sales efforts into major international car markets including India, Thailand, and Japan.

Precise Software and Service Integration

XPEL uses proprietary software to give installers exact patterns for thousands of different vehicle models. This technical tool supports a global network of independent shops, car dealerships, and vehicle manufacturers.

The Latest Financial Results

• Total revenue reached $260.4 million in the six-month period ended June 30, 2026, up 14.0% year over year.
• Net income grew to $28.8 million during the first six months of 2026, a 16.2% increase from the prior year.
• Non-GAAP EBITDA rose 17.7% to $44.5 million for the six-month period ended June 30, 2026.
• The company held $40.7 million in cash and cash equivalents as of June 30, 2026.
• Market capitalization stood at $1.3 billion as of the most recent profile update.

From Software to Shielding

XPEL has transformed from a software provider into a global manufacturer and distributor of automotive protective products. Its shift toward direct sales and internal manufacturing helps the company manage its supply chain while serving a growing enthusiast market.