Xpel (XPEL) Operating Expenses (2018 - 2026)
Xpel's (XPEL) quarterly Operating Expenses came in at $38.2 million in Q1 2026, up 16.61% YoY from $32.8 million in Q1 2025, and up 7.05% on a QoQ basis from $35.7 million in Q4 2025.
Xpel (XPEL) Operating Expenses (2018 - 2026) Analysis & Trends
Xpel (XPEL) has 9 years of Operating Expenses data on file, last reported at $38.2 million in Q1 2026.
- Quarterly Operating Expenses rose 16.61% year-over-year to $38.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $143.8 million (up 17.55% YoY) and the FY2025 annual result came in at $138.4 million, up 17.05% from the prior year.
- Operating Expenses climbed to $38.2 million in Q1 2026, from $35.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $38.2 million in Q1 2026 to a low of $17.2 million in Q2 2022.
- A 5-year average of $27.3 million and a median of $28.6 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 81.53% — and 2025, when it increased 13.86%.
- Tracing XPEL's Operating Expenses over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 74.13 Bn | 73.87 Bn | 2.52 Bn | 1.53 Bn |
| 2 | Autozone | 48.92 Bn | 48.67 Bn | 2.52 Bn | 341.91 Mn |
| 3 | Magna International | 19.67 Bn | 18.24 Bn | 1.61 Bn | 980.00 Mn |
| 4 | Genuine Parts | 18.55 Bn | 17.99 Bn | 2.47 Bn | 2.13 Bn |
| 5 | Borgwarner | 13.61 Bn | 11.16 Bn | 721.00 Mn | 352.00 Mn |
| 6 | Allison Transmission Holdings | 10.76 Bn | 10.36 Bn | 515.00 Mn | 224.00 Mn |
| 7 | Modine Manufacturing | 10.28 Bn | 10.21 Bn | - | - |
| 8 | Aptiv | 10.25 Bn | 9.49 Bn | 775.00 Mn | 2.91 Bn |
| 9 | Autoliv | 9.23 Bn | 8.85 Bn | 509.00 Mn | 260.00 Mn |
| 10 | Xpel | 1.40 Bn | 1.36 Bn | 63.14 Mn | 39.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 39.93 Mn |
| 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 |