NASDAQ$XPEL

Xpel Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

XPEL's revenue increased by 48.6% to $68.5 million, with net income growing by 26.1% to $8.3 million in Q3 2021.

XPEL reported a strong third quarter in 2021, with a significant increase in revenue and net income. Revenues increased by 48.6% to $68.5 million, while net income grew by 26.1% to $8.3 million, or $0.30 per basic and diluted share.

  • Revenues increased 48.6% to $68.5 million compared to third quarter 2020.
  • Organic revenue growth was 38.4%.
  • Net income grew 26.1% to $8.3 million, or $0.30 per basic and diluted share, compared to the same quarter of 2020.
  • EBITDA grew 27.1% to $11.4 million, or 16.6% of revenues compared to third quarter 2020.

Headline financials

Total Revenue

$68.5M

Previous: $46.1M+48.6%
EPS (adj)

$0.32

Previous: $0.24+33.3%
Gross margin

35.7%

Previous: 34.8%+2.6%
EBITDA

$11.4M

No prior period
Capital Expenditures

-$5.08M

Previous: -$1.36M-274.2%
Free Cash Flow

$3.25M

Previous: $5.25M-38.1%
Net Income

$8.33M

Previous: $6.61M+26.1%
Operating Income

$10.4M

Previous: $8.41M+23.2%
Gross Profit

$24.5M

Previous: $16M+52.6%
Cash & Equivalents

$7.82M

Previous: $27.2M-71.3%
Total Assets

$124M

Previous: $76.2M+63.3%
Stock-Based Comp

$76.8K

No prior period

Revenue & EPS history

Xpel · Revenue · Quarterly

$68.5M

Q3 2021+48.6%vs Q3 2020
Beat estimate in 12 of 12 quarters(100%)
ActualEstimate

Revenue by segment

Xpel · $68.5M total across 2 segments · Q3 2021

  • Product revenue
    $57M+44.2%
  • Service revenue
    $11.5M+74.9%

Forward guidance

No forward guidance was provided in the earnings report.

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 Q3 2021

Historical avgQ3 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
Q3 2018
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro