Growth Metrics

Xpel (XPEL) Operating Expenses (2018 - 2026)

Xpel posted quarterly Operating Expenses of $38.2 million for Q1 2026, up 16.61% year-on-year from $32.8 million in Q1 2025, and up 7.05% on a QoQ basis from $35.7 million in Q4 2025.

Xpel (XPEL) has 9 years of Operating Expenses data on file, last reported 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.
  • Across five years, Operating Expenses topped out at $38.2 million in Q1 2026 and bottomed at $17.2 million in Q2 2022.
  • The 5-year median for Operating Expenses is $28.6 million (2024), against an average of $27.3 million.
  • The widest annual swing landed in 2022, when Operating Expenses soared 81.53%; it then increased 13.86% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $20.2 million in 2022, then soared by 32.21% to $26.7 million in 2023, then climbed by 17.41% to $31.4 million in 2024, then climbed by 13.86% to $35.7 million in 2025, then climbed 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 O Reilly Automotive 77.46 Bn 77.21 Bn 2.35 Bn 1.51 Bn
2 Autozone 56.88 Bn 56.59 Bn 2.24 Bn 330.65 Mn
3 Genuine Parts 13.45 Bn 12.97 Bn 2.34 Bn 2.05 Bn
4 Modine Manufacturing 13.16 Bn 13.07 Bn 186.10 Mn 93.00 Mn
5 Borgwarner 13.07 Bn 13.23 Bn 677.00 Mn 346.00 Mn
6 Aptiv 11.89 Bn 8.82 Bn 920.00 Mn 4.71 Bn
7 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 557.00 Mn
8 Allison Transmission Holdings 9.02 Bn 8.71 Bn 406.00 Mn 211.00 Mn
9 Autoliv 9.01 Bn 8.66 Bn 526.00 Mn 281.00 Mn
10 Xpel 1.21 Bn 1.17 Bn 51.23 Mn 38.22 Mn

Historic Data

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DateValue
Mar 31, 2026 38.22 Mn
Dec 31, 2025 35.70 Mn
Sep 30, 2025 35.67 Mn
Jun 30, 2025 34.22 Mn
Mar 31, 2025 32.78 Mn
Dec 31, 2024 31.36 Mn
Sep 30, 2024 29.53 Mn
Jun 30, 2024 28.68 Mn
Mar 31, 2024 28.65 Mn
Dec 31, 2023 26.71 Mn
Sep 30, 2023 23.90 Mn
Jun 30, 2023 23.80 Mn
Mar 31, 2023 21.03 Mn
Dec 31, 2022 20.20 Mn
Sep 30, 2022 18.46 Mn
Jun 30, 2022 17.23 Mn
Mar 31, 2022 17.68 Mn
Dec 31, 2021 16.16 Mn
Sep 30, 2021 14.09 Mn
Jun 30, 2021 12.58 Mn
Mar 31, 2021 9.74 Mn
Dec 31, 2020 8.63 Mn
Sep 30, 2020 7.62 Mn
Jun 30, 2020 6.60 Mn
Mar 31, 2020 7.81 Mn
Dec 31, 2019 7.48 Mn
Sep 30, 2019 6.60 Mn
Jun 30, 2019 6.65 Mn
Mar 31, 2019 5.68 Mn
Dec 31, 2018 5.84 Mn
Sep 30, 2018 5.86 Mn
Jun 30, 2018 5.10 Mn