NASDAQ$XPEL
Xpel Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
XPEL achieved record revenue and improved gross margin in Q2 2022.
XPEL reported a record revenue of $83.9 million for the second quarter of 2022, a 22.0% increase compared to the same quarter last year. The gross margin improved to 39.3%. Net income grew by 16.8% to $11.9 million, and EBITDA increased by 26.6% to $17.2 million.
- Revenues increased 22.0% to a record $83.9 million in the second quarter.
- Gross margin percentage improved to 39.3% in the second quarter, a new high for the Company.
- Net income grew 16.8% to $11.9 million, or $0.43 per share.
- EBITDA grew 26.6% to $17.2 million, or 20.5% of revenues.
Headline financials
Revenue & EPS history
Xpel · Revenue · Quarterly
$83.9M
Revenue by segment
Xpel · $83.9M total across 2 segments · Q2 2022
- Product revenue$67M+14.3%79.9%
- Service revenue$16.9M+67.4%20.1%
Forward guidance
The company is confident in its ability to drive continued strong performance in the second half of 2022.
Headwinds
- Continuing headwinds related to on-going tight new car inventory.
- COVID-related impacts in China.
- Strengthening U.S. Dollar.
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 2022
+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
| Quarter | Report date | Reaction (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% | |
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