Xpel (XPEL) Gross Margin (2018 - 2026)
Xpel (XPEL) reported Gross Margin of 43.65% for Q1 2026, up 137.0% on a YoY basis from 18.42% in Q1 2025, and up 4.28% quarter-over-quarter from 41.86% in Q4 2025.
Xpel (XPEL) Gross Margin (2018 - 2026) Analysis & Trends
Xpel has reported Gross Margin for 9 years, with the latest figure at 43.65% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 137.0% year-over-year to 43.65%; the trailing twelve-month figure through Mar 2026 stood at 42.54% (up 30.0% YoY), and the FY2025 full-year result was 42.21%, up 2.0% from the prior year.
- Gross Margin for Q1 2026 stood at 43.65%, up from 41.86% in the prior quarter.
- The five-year high for Gross Margin was 43.65% in Q1 2026, with the low at 38.57% in Q1 2022.
- Historically, Gross Margin has averaged 41.33% across 5 years, with a median of 41.86% in 2025.
- Annual changes were most pronounced in 2022 — Gross Margin soared 436 bps — and 2023, when it tumbled 77 bps.
- Xpel's Gross Margin stood at 39.56% in 2022, then slipped by 2 bps to 38.78% in 2023, then advanced by 5 bps to 40.64% in 2024, then climbed by 3 bps to 41.86% in 2025, then climbed by 4 bps to 43.65% in 2026.
- The last three Gross Margin figures came in at 43.65% (Q1 2026), 41.86% (Q4 2025), and 41.8% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.00 Bn | 75.75 Bn | 2.35 Bn | 51.47% |
| 2 | Autozone | 51.46 Bn | 51.20 Bn | 2.52 Bn | 52.15% |
| 3 | Modine Manufacturing | 15.07 Bn | 14.98 Bn | 186.10 Mn | 23.12% |
| 4 | Borgwarner | 14.88 Bn | 15.05 Bn | 677.00 Mn | 19.16% |
| 5 | Genuine Parts | 14.73 Bn | 14.25 Bn | 2.34 Bn | 37.33% |
| 6 | Aptiv | 13.96 Bn | 10.89 Bn | 920.00 Mn | 18.09% |
| 7 | Aurora Innovation | 11.93 Bn | 10.71 Bn | -5.00 Mn | -500.00% |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 13.71% |
| 9 | Allison Transmission Holdings | 10.06 Bn | 9.75 Bn | 406.00 Mn | 28.88% |
| 10 | Xpel | 1.23 Bn | 1.19 Bn | 51.23 Mn | 43.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 43.65% |
| Dec 31, 2025 | 41.86% |
| Sep 30, 2025 | 41.80% |
| Jun 30, 2025 | 42.91% |
| Mar 31, 2025 | 42.29% |
| Dec 31, 2024 | 40.64% |
| Sep 30, 2024 | 42.46% |
| Jun 30, 2024 | 43.55% |
| Mar 31, 2024 | 42.04% |
| Dec 31, 2023 | 38.78% |
| Sep 30, 2023 | 40.45% |
| Jun 30, 2023 | 43.03% |
| Mar 31, 2023 | 41.89% |
| Dec 31, 2022 | 39.56% |
| Sep 30, 2022 | 39.85% |
| Jun 30, 2022 | 39.32% |
| Mar 31, 2022 | 38.57% |
| Dec 31, 2021 | 35.20% |
| Sep 30, 2021 | 35.68% |
| Jun 30, 2021 | 36.73% |