Xpel (XPEL) Cost of Revenue (2018 - 2026)
Xpel's Cost of Revenue came in at $79.91 million for Q2 2026, up 12.2% from $71.2 million a year earlier and up 20.9% from the prior quarter.
Xpel (XPEL) Cost of Revenue (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Xpel reported Cost of Revenue of $290.11 million, up 11.6% year-over-year; for FY2025, it came in at $275.18 million, up 13.2% from FY2024.
- Cost of Revenue has increased in each of the last seven years, with a five-year compound annual growth rate of 21.3% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $243.04 million in FY2024 (+3.9%), $233.88 million in FY2023 (+19.0%), $196.48 million in FY2022 (+17.9%) and $166.59 million in FY2021 (+58.8%).
- The Q2 2026 figure represents the highest quarterly Cost of Revenue in data going back to Q2 2018.
- Year-over-year, Cost of Revenue has increased for six consecutive quarters, with growth averaging 10.1% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in Q3 2021 (growth of 46.5%), and the weakest in Q4 2024 (a decline of 1.2%).
- Business Quant data shows XPEL's Cost of Revenue at $66.12 million (Q1 2026), $71.08 million (Q4 2025) and $72.99 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,199.60 Bn | 1,034.16 Bn | 4.75 Bn | 23.49 Bn |
| 2 | Toyota Motor | 237.87 Bn | -168.87 Bn | 20.95 Bn | 63.91 Bn |
| 3 | Ferrari | 144.10 Bn | 136.55 Bn | 1.18 Bn | 1.07 Bn |
| 4 | Honda Motor | 142.11 Bn | 9.49 Bn | 8.46 Bn | 29.57 Bn |
| 5 | General Motors | 68.70 Bn | -36.17 Bn | 7.33 Bn | 40.70 Bn |
| 6 | Ford Motor | 47.39 Bn | -95.07 Bn | 6.08 Bn | 42.22 Bn |
| 7 | Rivian Automotive | 19.48 Bn | -3.81 Bn | 179.00 Mn | 1.48 Bn |
| 8 | Magna International | 18.09 Bn | 15.65 Bn | 1.61 Bn | 9.37 Bn |
| 9 | Stellantis | 12.78 Bn | -153.22 Bn | 5.55 Bn | 44.99 Bn |
| 10 | Xpel | 1.24 Bn | 1.05 Bn | 63.14 Mn | 79.91 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 79.91 Mn |
| Mar 31, 2026 | 66.12 Mn |
| Dec 31, 2025 | 71.08 Mn |
| Sep 30, 2025 | 72.99 Mn |
| Jun 30, 2025 | 71.20 Mn |
| Mar 31, 2025 | 59.91 Mn |
| Dec 31, 2024 | 63.82 Mn |
| Sep 30, 2024 | 64.94 Mn |
| Jun 30, 2024 | 62.05 Mn |
| Mar 31, 2024 | 52.23 Mn |
| Dec 31, 2023 | 64.61 Mn |
| Sep 30, 2023 | 61.15 Mn |
| Jun 30, 2023 | 58.24 Mn |
| Mar 31, 2023 | 49.88 Mn |
| Dec 31, 2022 | 47.44 Mn |
| Sep 30, 2022 | 53.99 Mn |
| Jun 30, 2022 | 50.91 Mn |
| Mar 31, 2022 | 44.15 Mn |
| Dec 31, 2021 | 45.44 Mn |
| Sep 30, 2021 | 44.08 Mn |
Xpel Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=XPEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "XPEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=XPEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();