NASDAQ$XPEL

Xpel Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

XPEL's revenue increased by 31.0% to a record $89.8 million, with net income growing by 59.9% to $13.3 million.

XPEL reported strong third-quarter results, with revenue reaching a record $89.8 million, a 31.0% increase year-over-year. Gross margin improved to 39.8%, and net income grew by 59.9% to $13.3 million.

  • Revenues increased 31.0% to a record $89.8 million.
  • Gross margin percentage improved to 39.8%, a new high for the Company.
  • Net income grew 59.9% to $13.3 million, or $0.48 per share.
  • EBITDA grew 66.0% to $18.9 million, or 21.1% of revenues.

Headline financials

Total Revenue

$89.8M

Previous: $68.5M+31.0%
EPS (adj)

$0.48

Previous: $0.32+50.0%
Gross margin

39.8%

Previous: 35.7%+11.5%
EBITDA

$18.9M

Previous: $11.4M+66.0%
Capital Expenditures

-$5.53M

Previous: -$5.08M-8.9%
Free Cash Flow

$7.78M

Previous: $3.25M+139.6%
Net Income

$13.3M

Previous: $8.33M+59.9%
Operating Income

$17.3M

Previous: $10.4M+66.9%
Gross Profit

$35.8M

Previous: $24.5M+46.3%
Cash & Equivalents

$10.2M

Previous: $7.82M+31.1%
Total Assets

$188M

Previous: $124M+51.3%
Stock-Based Comp

$138K

Previous: $76.8K+79.6%

Revenue & EPS history

Xpel · Revenue · Quarterly

$89.8M

Q3 2022+31%vs Q3 2021
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Revenue by segment

Xpel · $89.8M total across 2 segments · Q3 2022

  • Product revenue
    $72.6M+27.4%
  • Service revenue
    $17.1M+48.6%

Forward guidance

The company looks forward to continuing to build on this momentum as they close out the year.

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 2022

Historical avgQ3 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

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
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Q4 2015
Q3 2015
Q2 2015
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Q4 2014
Q3 2014
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Q4 2013
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Q4 2012
Q3 2012
Q2 2012
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Q4 2011
Q3 2011
Q2 2011
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Q4 2010
Q3 2010
Q2 2010
Q1 2010

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