XPEL (XPEL) Revenue & Revenue Breakdown

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XPEL Revenue Highlights

Latest Revenue (Y)

$476.20M

Latest Revenue (Q)

$125.42M

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

XPEL Revenue by Period

XPEL Revenue by Year

Date	Revenue	Change
2025-12-31	$476.20M	13.27%
2024-12-31	$420.40M	6.08%
2023-12-31	$396.29M	22.32%
2022-12-31	$323.99M	24.97%
2021-12-31	$259.26M	63.14%
2020-12-31	$158.92M	22.31%
2019-12-31	$129.93M	18.21%
2018-12-31	$109.92M	62.25%
2017-12-31	$67.75M	30.89%
2016-12-31	$51.76M	24.81%
2015-12-31	$41.47M	39.96%
2014-12-31	$29.63M	65.54%
2013-12-31	$17.90M	67.74%
2012-12-31	$10.67M	76.62%
2011-12-31	$6.04M	46.29%
2010-12-31	$4.13M	7.70%
2009-12-31	$3.83M	-50.69%
2008-12-31	$7.78M	32.77%
2007-12-31	$5.86M	72.63%
2006-12-31	$3.39M	11.46%
2005-12-31	$3.04M	17.30%
2004-12-31	$2.59M	28.62%
2003-12-31	$2.02M	-

XPEL generated $476.20M in revenue during NA 2025, up 13.27% compared to the previous quarter, and up 299.64% compared to the same period a year ago.

XPEL Revenue by Quarter

Date	Revenue	Change
2025-09-30	$125.42M	0.56%
2025-06-30	$124.71M	20.14%
2025-03-31	$103.81M	-3.46%
2024-12-31	$107.53M	-4.72%
2024-09-30	$112.85M	2.67%
2024-06-30	$109.92M	21.99%
2024-03-31	$90.10M	-14.62%
2023-12-31	$105.54M	2.79%
2023-09-30	$102.68M	0.43%
2023-06-30	$102.24M	19.10%
2023-03-31	$85.84M	9.38%
2022-12-31	$78.48M	-12.56%
2022-09-30	$89.76M	6.99%
2022-06-30	$83.89M	16.73%
2022-03-31	$71.86M	2.47%
2021-12-31	$70.13M	2.34%
2021-09-30	$68.53M	-0.30%
2021-06-30	$68.74M	32.53%
2021-03-31	$51.87M	6.70%
2020-12-31	$48.61M	5.39%
2020-09-30	$46.12M	28.81%
2020-06-30	$35.81M	26.13%
2020-03-31	$28.39M	-28.12%
2019-12-31	$39.50M	10.89%
2019-09-30	$35.62M	18.36%
2019-06-30	$30.09M	21.71%
2019-03-31	$24.73M	-6.92%
2018-12-31	$26.56M	-9.32%
2018-09-30	$29.29M	1.49%
2018-06-30	$28.86M	14.55%
2018-03-31	$25.20M	24.52%
2017-12-31	$20.24M	13.48%
2017-09-30	$17.83M	4.60%
2017-06-30	$17.05M	34.98%
2017-03-31	$12.63M	-4.67%
2016-12-31	$13.25M	-2.22%
2016-09-30	$13.55M	-0.82%
2016-06-30	$13.66M	20.91%
2016-03-31	$11.30M	1.14%
2015-12-31	$11.17M	2.74%
2015-09-30	$10.87M	-3.68%
2015-06-30	$11.29M	38.80%
2015-03-31	$8.13M	7.03%
2014-12-31	$7.60M	-9.63%
2014-09-30	$8.41M	0.74%
2014-06-30	$8.35M	58.36%
2014-03-31	$5.27M	6.16%
2013-12-31	$4.97M	1.81%
2013-09-30	$4.88M	-0.43%
2013-06-30	$4.90M	55.19%
2013-03-31	$3.16M	4.71%
2012-12-31	$3.01M	-6.03%
2012-09-30	$3.21M	30.68%
2012-06-30	$2.45M	23.13%
2012-03-31	$1.99M	10.25%
2011-12-31	$1.81M	6.80%
2011-09-30	$1.69M	14.60%
2011-06-30	$1.48M	38.97%
2011-03-31	$1.06M	11.72%
2010-12-31	$951.58K	-18.02%
2010-09-30	$1.16M	14.31%
2010-06-30	$1.02M	1.33%
2010-03-31	$1.00M	9.82%
2009-12-31	$912.54K	-8.22%
2009-09-30	$994.25K	-46.24%
2009-06-30	$1.85M	45.39%
2009-03-31	$1.27M	63.11%
2008-12-31	$779.84K	-67.20%
2008-09-30	$2.38M	-13.18%
2008-06-30	$2.74M	37.92%
2008-03-31	$1.99M	0.86%
2007-12-31	$1.97M	-

XPEL generated $125.42M in revenue during Q3 2025, up 0.56% compared to the previous quarter, and up 114.10% compared to the same period a year ago.

XPEL Revenue Breakdown

XPEL Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Service Revenue, Other	$4.04M	-	-	-	-
Service Revenue, Installation Labor	$87.05M	$74.48M	$58.48M	$42.83M	$24.25M
Service Revenue, Cutbank Credits	$16.53M	$17.02M	$17.63M	$16.32M	$12.37M
Service	$116.34M	$101.55M	$84.89M	$65.82M	$41.98M
Product	$359.86M	$318.85M	$311.41M	$258.17M	$217.28M
Product Revenue, Window Film	$94.54M	$77.67M	$67.95M	$54.37M	$38.36M
Product Revenue, Paint Protection Film	$249.40M	$226.71M	$229.88M	$192.37M	$169.88M
Product Revenue, Other	$15.91M	$14.47M	$13.57M	$11.43M	$9.04M
Service Revenue, Software	$8.73M	$8.06M	$6.52M	$5.21M	$4.37M
Service Revenue, Training	-	$2.00M	$2.27M	$1.46M	$982.70K

XPEL's latest annual revenue breakdown by segment (product or service), as of Dec 25: Product (37.78%), Product Revenue, Paint Protection Film (26.19%), Service (12.22%), Product Revenue, Window Film (9.93%), Service Revenue, Installation Labor (9.14%), Service Revenue, Cutbank Credits (1.74%), Product Revenue, Other (1.67%), Service Revenue, Software (0.92%), and Service Revenue, Other (0.42%).

Quarterly Revenue by Product

Product/Service	Dec 25	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Product Revenue, Paint Protection Film	$130.29M	$62.67M	$56.44M	$117.15M	$60.55M	$49.01M	$64.86M	$58.98M	$56.49M	$49.55M	$45.91M	$54.23M	$48.27M	$43.96M	$45.63M	$43.22M	$35.78M	$34.79M	$31.98M	-
Product Revenue, Other	$8.10M	$4.17M	$3.64M	$7.40M	$3.78M	$3.29M	$3.31M	$3.39M	$4.10M	$2.78M	$2.85M	$3.00M	$2.98M	$2.60M	$2.34M	$2.37M	$1.99M	$1.63M	$1.25M	-
Product Revenue, Window Film	$47.95M	$27.96M	$18.64M	$40.49M	$22.63M	$14.55M	$13.89M	$18.76M	$20.31M	$14.98M	$11.66M	$15.39M	$15.79M	$11.53M	$8.72M	$11.40M	$7.16M	$5.60M	$6.30M	-
Service	$61.33M	$29.92M	$25.09M	$52.40M	$25.90M	$23.25M	$23.47M	$21.55M	$21.33M	$18.53M	$18.06M	$17.14M	$16.85M	$13.77M	$13.44M	$11.53M	$10.07M	$6.93M	$6.59M	$6.59M
Product	$186.35M	$94.80M	$78.71M	$165.05M	$86.95M	$66.85M	$82.07M	$81.13M	$80.91M	$67.31M	$60.42M	$72.62M	$67.04M	$58.10M	$56.69M	$57.00M	$58.67M	$44.93M	$42.02M	$39.53M
Service Revenue, Cutbank Credits	$8.33M	$4.52M	$3.67M	$8.50M	$4.50M	$4.02M	$4.37M	$4.52M	$4.70M	$4.03M	$4.86M	$4.35M	$4.18M	$2.93M	$2.99M	$3.36M	$2.64M	$2.25M	$2.30M	-
Service Revenue, Installation Labor	$45.95M	$22.45M	$18.65M	$38.85M	$18.93M	$16.71M	$16.70M	$14.85M	$14.53M	$12.40M	$11.46M	$11.07M	$11.05M	$9.26M	$9.00M	$6.78M	$3.11M	$3.24M	$3.27M	-
Service Revenue, Software	$4.43M	$2.18M	$2.12M	$4.09M	$2.04M	$1.93M	$1.86M	$1.65M	$1.55M	$1.46M	$1.41M	$1.35M	$1.25M	$1.21M	$1.21M	$1.13M	$978.02K	$938.17K	$889.71K	-
Service Revenue, Training	-	$767.00K	$652.00K	$961.00K	$436.00K	$600.00K	$1.62M	$647.00K	$306.00K	$349.78K	$246.00K	$261.21K	$206.41K	$148.50K	$131.65K	-	-	-	-	-
Service Revenue, Other	-	-	-	-	-	-	-	$524.00K	$556.00K	$71.00K	$24.28K	-	-	-	-	-	-	-	-	-
Service, Installation Labor	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$5.36M	-	-	-
Service, Software	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.05M	-	-	-
Service, Training	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$269.09K	-	-	-
Product, Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.34M	-	-	-
Product, Paint Protection Film	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$45.25M	-	-	-
Product, Window Film	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$11.08M	-	-	-
Service, Cutbank Credits	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.39M	-	-	-

XPEL's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Product (37.82%), Product Revenue, Paint Protection Film (26.44%), Service (12.45%), Product Revenue, Window Film (9.73%), Service Revenue, Installation Labor (9.33%), Service Revenue, Cutbank Credits (1.69%), Product Revenue, Other (1.64%), and Service Revenue, Software (0.90%).

XPEL Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 20	Dec 19
UNITED STATES	$265.76M	$240.57M	$75.08M	$60.45M
Asia Pacific	$60.82M	$16.82M	$5.26M	$4.37M
CANADA	$49.55M	$52.14M	$20.52M	$17.91M
CHINA	$39.92M	$24.15M	$32.81M	$30.49M
Latin America	$11.00M	$11.66M	$2.27M	$2.10M
UNITED KINGDOM	-	$14.60M	-	-
Europe	-	$39.56M	$12.77M	$7.42M
Other Geographic Region	-	-	$319.90K	$254.91K
Middle East, Africa	-	$20.89M	$5.17M	$3.15M

XPEL's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (62.23%), Asia Pacific (14.24%), CANADA (11.60%), CHINA (9.35%), and Latin America (2.58%).

Quarterly Revenue by Country

Country	Dec 25	Jun 25	Mar 25	Sep 24	Mar 24	Sep 23	Jun 23	Mar 23	Sep 22	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Asia Pacific	$42.68M	$13.13M	$5.00M	$4.09M	$3.75M	$3.23M	$3.31M	$2.65M	$2.54M	$1.98M	$2.03M	$1.97M	$2.06M	$1.59M	$1.90M	$1.45M	$1.14M	$770.04K	$1.27M	$1.17M
CHINA	$24.11M	$7.71M	$8.11M	$9.06M	$1.45M	$10.24M	$8.10M	$6.65M	$11.01M	$7.90M	$8.86M	$10.57M	$12.63M	$10.71M	$11.40M	$9.40M	$9.99M	$2.02M	$13.48M	$9.36M
CANADA	$25.86M	$14.25M	$9.43M	$14.41M	$11.08M	$11.47M	$11.85M	$8.59M	$11.05M	$10.88M	$7.85M	$8.72M	$8.88M	$4.95M	$6.18M	$6.21M	$3.96M	$4.18M	$4.66M	$4.94M
UNITED STATES	$137.30M	$70.38M	$58.07M	$64.56M	$52.05M	$59.00M	$59.15M	$51.08M	$51.52M	$49.17M	$41.59M	$37.36M	$34.30M	$25.60M	$21.36M	$22.04M	$16.12M	$15.55M	$15.71M	$15.74M
Latin America	$5.60M	$2.84M	$2.56M	$2.83M	$2.93M	$2.33M	$2.12M	$2.17M	$1.47M	$1.36M	$1.21M	$944.67K	$1.03M	$916.58K	$774.40K	$537.89K	$484.36K	$477.69K	$522.01K	$578.05K
Asia Other	-	$5.43M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
North America	-	$84.63M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
India and Middle East	-	$6.75M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EU, UK, and Africa	-	$17.36M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Middle East, Africa	-	-	$5.91M	$5.29M	$5.14M	$3.91M	$4.11M	$3.50M	$3.32M	$2.65M	$2.05M	$2.09M	$2.41M	$1.96M	$1.99M	$1.33M	$561.51K	$1.29M	$774.91K	$770.84K
Europe	-	-	$11.15M	$9.06M	$10.22M	$8.71M	$9.69M	$7.96M	$6.07M	$6.94M	$5.66M	$4.75M	$5.21M	$4.32M	$3.42M	$3.66M	$2.90M	$2.79M	$2.08M	$1.95M
Other Geographic Region	-	-	-	-	-	$291.00K	$273.00K	$161.00K	$304.00K	$414.00K	$189.33K	$137.58K	$90.72K	$28.74K	$91.72K	$13.17K	$26.25K	$188.76K	$58.16K	$87.22K

XPEL's latest quarterly revenue breakdown by geography, as of Dec 25: UNITED STATES (58.29%), Asia Pacific (18.12%), CANADA (10.98%), CHINA (10.23%), and Latin America (2.38%).

XPEL Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
ECX	ECARX	$4.67B	$927.90M
SMP	Standard Motor Products	$1.79B	$498.84M
AMWD	American Woodmark	$1.71B	$324.30M
LGIH	LGI Homes	$1.71B	$-834.90M
FOXF	Fox Factory	$1.47B	$376.36M
HDL	SUPER HI Ltd. American Depositary Shares	$687.26M	$182.82M
XPEL	XPEL	$476.20M	$125.42M
SES	SES AI	$21.00M	$7.12M
AEVA	Aeva	$9.06M	$3.58M
THRM	Gentherm	-	-

XPEL Revenue FAQ

What is XPEL’s yearly revenue?

XPEL's yearly revenue for 2025 was $476.2M, representing an increase of 13.27% compared to 2024. The company's yearly revenue for 2024 was $420.4M, representing an increase of 6.08% compared to 2023. XPEL's yearly revenue for 2023 was $396.29M, representing an increase of 22.32% compared to 2022.

What is XPEL’s quarterly revenue?

XPEL's quarterly revenue for Q3 2025 was $125.42M, a 0.56% increase from the previous quarter (Q2 2025), and a 11.13% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $124.71M, a 20.14% increase from the previous quarter (Q1 2025), and a 13.46% increase year-over-year (Q2 2024). XPEL's quarterly revenue for Q1 2025 was $103.8M, a -3.46% decrease from the previous quarter (Q4 2024), and a 15.21% increase year-over-year (Q1 2024).

What is XPEL’s revenue growth rate?

XPEL's revenue growth rate for the last 3 years (2023-2025) was 20.16%, and for the last 5 years (2021-2025) was 83.67%.

What are XPEL’s revenue streams?

XPEL's revenue streams in c 25 are Service Revenue, Other, Service Revenue, Installation Labor, Service Revenue, Cutbank Credits, Service, Product, Product Revenue, Window Film, Product Revenue, Paint Protection Film, Product Revenue, Other, and Service Revenue, Software. Service Revenue, Other generated $4.04M in revenue, accounting 0.42% of the company's total revenue Service Revenue, Installation Labor generated $87.05M in revenue, accounting 9.14% of the company's total revenue, up 16.88% year-over-year. Service Revenue, Cutbank Credits generated $16.53M in revenue, accounting 1.74% of the company's total revenue, down -2.85% year-over-year. Service generated $116.34M in revenue, accounting 12.22% of the company's total revenue, up 14.57% year-over-year. Product generated $359.86M in revenue, accounting 37.78% of the company's total revenue, up 12.86% year-over-year. Product Revenue, Window Film generated $94.54M in revenue, accounting 9.93% of the company's total revenue, up 21.73% year-over-year. Product Revenue, Paint Protection Film generated $249.4M in revenue, accounting 26.19% of the company's total revenue, up 10.01% year-over-year. Product Revenue, Other generated $15.91M in revenue, accounting 1.67% of the company's total revenue, up 9.93% year-over-year. Service Revenue, Software generated $8.73M in revenue, accounting 0.92% of the company's total revenue, up 8.29% year-over-year.

What is XPEL’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of XPEL was Product. This segment made a revenue of $359.86M, representing 37.78% of the company's total revenue.