Growth Metrics

Xpel (XPEL) Operating Expenses (2018 - 2025)

Xpel's Operating Expenses history spans 8 years, with the latest figure at $35.7 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 13.86% year-over-year to $35.7 million; the TTM value through Dec 2025 reached $138.4 million, up 17.05%, while the annual FY2025 figure was $138.4 million, 17.05% up from the prior year.
  • Operating Expenses reached $35.7 million in Q4 2025 per XPEL's latest filing, roughly flat from $35.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $35.7 million in Q4 2025 to a low of $9.7 million in Q1 2021.
  • Average Operating Expenses over 5 years is $23.9 million, with a median of $23.9 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: surged 90.57% in 2021, then rose 13.86% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $16.2 million in 2021, then rose by 25.01% to $20.2 million in 2022, then skyrocketed by 32.21% to $26.7 million in 2023, then grew by 17.41% to $31.4 million in 2024, then grew by 13.86% to $35.7 million in 2025.
  • Per Business Quant, the three most recent readings for XPEL's Operating Expenses are $35.7 million (Q4 2025), $35.7 million (Q3 2025), and $34.2 million (Q2 2025).