Xpel (XPEL) Operating Expenses (2018 - 2026)

Xpel has reported Operating Expenses for 9 years, with the latest figure at $38.2 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 16.61% year-over-year to $38.2 million; the trailing twelve-month figure through Mar 2026 stood at $143.8 million (up 17.55% YoY), and the FY2025 full-year result was $138.4 million, up 17.05% from the prior year.
• Operating Expenses for Q1 2026 stood at $38.2 million, up from $35.7 million in the prior quarter.
• The five-year high for Operating Expenses was $38.2 million in Q1 2026, with the low at $17.2 million in Q2 2022.
• Historically, Operating Expenses has averaged $27.3 million across 5 years, with a median of $28.6 million in 2024.
• Annual changes were most pronounced in 2022 — Operating Expenses soared 81.53% — and 2025, when it increased 13.86%.
• Xpel's Operating Expenses stood at $20.2 million in 2022, then surged by 32.21% to $26.7 million in 2023, then advanced by 17.41% to $31.4 million in 2024, then advanced by 13.86% to $35.7 million in 2025, then advanced by 7.05% to $38.2 million in 2026.
• The last three Operating Expenses figures came in at $38.2 million (Q1 2026), $35.7 million (Q4 2025), and $35.7 million (Q3 2025), per Business Quant data.