NASDAQ$XPEL

Xpel Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

XPEL's revenue reached a record of $68.7 million, and net income was $10.2 million.

XPEL reported a record revenue of $68.7 million in the second quarter of 2021, representing a 92% increase compared to the same quarter of the previous year. Net income also grew significantly, reaching $10.2 million, a 156.3% increase compared to Q2 2020.

  • Revenues increased 92.0% to $68.7 million compared to second quarter 2020 and increased 32.5% sequentially compared to first quarter 2021
  • Net income grew 156.3% to $10.2 million, or $0.37 per basic and diluted share, compared to $4.0 million, or $0.14 per basic and diluted share, in the same quarter of 2020
  • EBITDA grew 139.8% to $13.6 million, or 19.8% of revenues compared to $5.7 million, or 15.8% of sales in second quarter 2020
  • Gross margin was 36.7% compared to 32.8% in the second quarter of 2020.

Headline financials

Total Revenue

$68.7M

Previous: $35.8M+92.0%
EPS (adj)

$0.37

Previous: $0.14+164.3%
Gross margin

36.7%

Previous: 32.8%+11.9%
EBITDA

$13.6M

Previous: $5.7M+138.2%
Capital Expenditures

-$3.46M

Previous: -$1.04M-232.1%
Free Cash Flow

$6.72M

Previous: $2.93M+129.4%
Net Income

$10.2M

Previous: $3.97M+156.3%
Operating Income

$12.7M

Previous: $5.14M+146.5%
Gross Profit

$25.2M

Previous: $11.7M+115.1%
Cash & Equivalents

$8.73M

Previous: $25.8M-66.1%
Total Assets

$105M

Previous: $68.2M+54.6%

Revenue & EPS history

Xpel · Revenue · Quarterly

$68.7M

Q2 2021+92%vs Q2 2020
Beat estimate in 11 of 11 quarters(100%)
ActualEstimate

Revenue by segment

Xpel · $68.7M total across 2 segments · Q2 2021

  • Product revenue
    $58.7M
  • Service revenue
    $10.1M

Forward guidance

This release includes forward-looking statements regarding XPEL, Inc. and its business, which may include, but is not limited to, anticipated use of proceeds from capital transactions, expansion into new markets, and execution of the company's growth strategy.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

+6.2%

Avg return

Earnings day

+6.8%

Avg return

5 days after

+10.8%

Avg return

30 days after

67%

18 / 27 earnings

Positive

+40.1%

Q2 2024

Best reaction

-40.4%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.9%-6.6%+1.3%
Q4 2025-6.8%-14.8%-19.9%
Q3 2025+0.7%+10.5%+40.6%
Q1 2025+14.2%+25.6%+25.3%
Q4 2024-14.6%-24.7%-23.4%
Q3 2024+6.2%+7.6%+7.8%
Q2 2024+40.1%+42.0%+32.7%
Q1 2024-40.4%-40.2%-29.4%
Q4 2023-4.7%-5.1%-4.3%
Q3 2023-13.0%-9.3%-1.8%
Q2 2023-0.5%+5.2%-5.9%
Q1 2023+8.0%+6.9%+8.4%
Q4 2022-14.9%-13.3%-14.0%
Q3 2022+4.2%+5.1%-1.0%
Q2 2022+24.1%+30.1%+6.1%
Q1 2022+11.2%+12.9%+19.3%
Q4 2021-3.5%-18.7%-20.2%
Q3 2021+4.9%-0.4%-5.1%
Q2 2021+1.9%-9.9%-9.5%
Q1 2021+10.7%+19.4%+41.8%
Q4 2020+15.0%+11.9%+5.9%
Q3 2020+6.9%+19.6%+50.6%
Q2 2020+38.0%+37.8%+15.8%
Q1 2020+10.2%+20.9%+35.3%
Q4 2019+15.7%+4.9%+20.8%
Q3 2019+27.3%+36.9%+44.4%
Q2 2019+28.1%+28.1%+69.2%
Q4 2018
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Q4 2011
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Q4 2010
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Q2 2010
Q1 2010

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