Xpel (XPEL) Gross Margin (2018 - 2026)

Xpel (XPEL) has reported Gross Margin for 9 consecutive years, with 43.65% the latest figure, recorded in Q1 2026.

• Gross Margin for Q1 2026 came in at 43.65%, up 137.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 42.54% (up 30.0% YoY), and the FY2025 annual result was 42.21%, up 2.0% from the prior year.
• Gross Margin was 43.65% for Q1 2026 at Xpel, up from 41.86% in the prior quarter.
• Over five years, Gross Margin peaked at 43.65% in Q1 2026 and troughed at 38.57% in Q1 2022.
• Average Gross Margin over 5 years is 41.33%, with a median of 41.86% recorded in 2025.
• Year-over-year, Gross Margin surged 436 bps in 2022 and sank 77 bps in 2023.
• Over 5 years, Gross Margin stood at 39.56% in 2022, then fell by 2 bps to 38.78% in 2023, then increased by 5 bps to 40.64% in 2024, then rose by 3 bps to 41.86% in 2025, then rose by 4 bps to 43.65% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 43.65% in Q1 2026, 41.86% in Q4 2025, and 41.8% in Q3 2025.