Xpel (XPEL) Operating Expenses (2018 - 2026)

Xpel (XPEL) has reported Operating Expenses for 9 consecutive years, with $38.2 million the latest figure, recorded in Q1 2026.

• Operating Expenses for Q1 2026 came in at $38.2 million, up 16.61% year-over-year; the trailing twelve-month figure through Mar 2026 was $143.8 million (up 17.55% YoY), and the FY2025 annual result was $138.4 million, up 17.05% from the prior year.
• Operating Expenses was $38.2 million for Q1 2026 at Xpel, up from $35.7 million in the prior quarter.
• Over five years, Operating Expenses peaked at $38.2 million in Q1 2026 and troughed at $17.2 million in Q2 2022.
• Average Operating Expenses over 5 years is $27.3 million, with a median of $28.6 million recorded in 2024.
• Year-over-year, Operating Expenses surged 81.53% in 2022 and gained 13.86% in 2025.
• Over 5 years, Operating Expenses stood at $20.2 million in 2022, then surged by 32.21% to $26.7 million in 2023, then increased by 17.41% to $31.4 million in 2024, then increased by 13.86% to $35.7 million in 2025, then increased by 7.05% to $38.2 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $38.2 million in Q1 2026, $35.7 million in Q4 2025, and $35.7 million in Q3 2025.