NASDAQ$XPEL
Xpel Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
XPEL's revenue increased by 14.4% to $102.7 million, with net income growing by 2.5% to $13.7 million in Q3 2023.
XPEL reported a record revenue of $102.7 million in Q3 2023, a 14.4% increase compared to the same quarter last year. Net income also saw a slight increase of 2.5%, reaching $13.7 million, or $0.49 per share. The company's gross margin percentage improved to 40.4%.
- Revenues increased 14.4% to $102.7 million in the third quarter.
- Gross margin percentage improved to 40.4% in the third quarter.
- Net income grew 2.5% to $13.7 million, or $0.49 per share.
- EBITDA grew 4.1% to $19.7 million, or 19.2% of revenues.
Headline financials
Revenue & EPS history
Xpel · Revenue · Quarterly
$103M
Revenue by segment
Xpel · $103M total across 2 segments · Q3 2023
- Product revenue$81.1M+11.7%79.0%
- Service revenue$21.6M+25.7%21.0%
Forward guidance
The Company will host a conference call and webcast today, November 8, 2023 at 11:00 a.m. Eastern Time to discuss the Company’s third quarter 2023 results and conditions, including our fourth quarter outlook.
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 2023
+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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