Xpel (XPEL) Gross Margin (2018 - 2026)
Xpel's (XPEL) quarterly Gross Margin came in at 43.65% in Q1 2026, up 137.0% YoY from 18.42% in Q1 2025, and up 4.28% on a QoQ basis from 41.86% in Q4 2025.
Xpel (XPEL) Gross Margin (2018 - 2026) Analysis & Trends
Xpel (XPEL) has 9 years of Gross Margin data on file, last reported at 43.65% in Q1 2026.
- Quarterly Gross Margin rose 137.0% year-over-year to 43.65% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 42.54% (up 30.0% YoY) and the FY2025 annual result came in at 42.21%, up 2.0% from the prior year.
- Gross Margin rose to 43.65% in Q1 2026, from 41.86% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 43.65% in Q1 2026 to a low of 38.57% in Q1 2022.
- A 5-year average of 41.33% and a median of 41.86% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin soared 436 bps — and 2023, when it tumbled 77 bps.
- Tracing XPEL's Gross Margin over 5 years: 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 | 73.68 Bn | 73.42 Bn | 2.52 Bn | 51.45% |
| 2 | Autozone | 48.73 Bn | 48.47 Bn | 2.52 Bn | 52.15% |
| 3 | Magna International | 20.03 Bn | 18.60 Bn | 1.61 Bn | 14.68% |
| 4 | Genuine Parts | 18.42 Bn | 17.86 Bn | 2.47 Bn | 37.80% |
| 5 | Borgwarner | 13.76 Bn | 11.32 Bn | 721.00 Mn | 19.76% |
| 6 | Allison Transmission Holdings | 11.05 Bn | 10.66 Bn | 515.00 Mn | 32.89% |
| 7 | Modine Manufacturing | 10.40 Bn | 10.32 Bn | - | - |
| 8 | Aptiv | 10.30 Bn | 9.54 Bn | 775.00 Mn | 23.67% |
| 9 | Autoliv | 9.31 Bn | 8.93 Bn | 509.00 Mn | 18.16% |
| 10 | Xpel | 1.41 Bn | 1.37 Bn | 63.14 Mn | 44.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 44.14% |
| 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% |