Xpel (XPEL) Gross Margin (2018 - 2026)
Xpel's (XPEL) quarterly Gross Margin came in at 44.14% in Q2 2026, up 123.0% on a YoY basis from 19.79% in Q2 2025, and up 1.11% quarter-over-quarter from 43.65% in Q1 2026.
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Xpel (XPEL) Gross Margin (2018 - 2026) Analysis & Trends
Xpel (XPEL) has reported Gross Margin for 9 consecutive years, with 44.14% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 123.0% year-over-year to 44.14%; the trailing twelve-month figure through Jun 2026 stood at 42.9% (up 79.0% YoY), and the FY2025 full-year result was 42.21%, up 2.0% from the prior year.
- Gross Margin advanced to 44.14% in Q2 2026 per XPEL's latest filing, from 43.65% in the prior quarter.
- Across five years, Gross Margin topped out at 44.14% in Q2 2026 and bottomed at 38.57% in Q1 2022.
- Historically, Gross Margin has averaged 41.49% across 5 years, with a median of 41.88% in 2023.
- The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 436 bps in 2022, then plunged 77 bps in 2023.
- Over 5 years, Gross Margin stood at 39.56% in 2022, then declined by 2 bps to 38.78% in 2023, then grew by 5 bps to 40.64% in 2024, then increased by 3 bps to 41.86% in 2025, then climbed by 5 bps to 44.14% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 44.14%, 43.65%, and 41.86% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Magna International | 18.34 Bn | 16.91 Bn | 1.61 Bn | 14.68% |
| 2 | Autoliv | 8.98 Bn | 8.60 Bn | 509.00 Mn | 18.16% |
| 3 | Lear | 6.43 Bn | 5.43 Bn | 470.30 Mn | 7.57% |
| 4 | Gentex | 4.73 Bn | 4.48 Bn | 241.00 Mn | 37.00% |
| 5 | Dorman Products | 3.78 Bn | 3.65 Bn | 251.23 Mn | 46.13% |
| 6 | Dauch | 1.60 Bn | 723.95 Mn | 338.20 Mn | 11.44% |
| 7 | Adient | 1.47 Bn | 547.40 Mn | 235.00 Mn | 5.98% |
| 8 | Xpel | 1.33 Bn | 1.29 Bn | 63.14 Mn | 44.14% |
| 9 | Standard Motor Products | 858.57 Mn | 858.57 Mn | 164.62 Mn | 32.82% |
| 10 | Cooper-Standard Holdings | 426.88 Mn | 300.30 Mn | 83.76 Mn | 11.61% |
Historic Data
Download Data
Historic 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% |