Xpel (XPEL) Operating Expenses (2018 - 2026)
Xpel's (XPEL) quarterly Operating Expenses came in at $39.9 million in Q2 2026, up 16.67% on a YoY basis from $34.2 million in Q2 2025, and up 4.46% quarter-over-quarter from $38.2 million in Q1 2026.
Analysis
Xpel (XPEL) Operating Expenses (2018 - 2026) Analysis & Trends
Xpel (XPEL) has reported Operating Expenses for 9 consecutive years, with $39.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 16.67% year-over-year to $39.9 million; the trailing twelve-month figure through Jun 2026 stood at $149.5 million (up 16.92% YoY), and the FY2025 full-year result was $138.4 million, up 17.05% from the prior year.
- Operating Expenses advanced to $39.9 million in Q2 2026 per XPEL's latest filing, from $38.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $39.9 million in Q2 2026 and bottomed at $17.2 million in Q2 2022.
- Historically, Operating Expenses has averaged $28.0 million across 5 years, with a median of $28.7 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 81.53% in 2022, then rose 13.86% in 2025.
- Over 5 years, Operating Expenses stood at $20.2 million in 2022, then jumped 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, then increased by 11.83% to $39.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $39.9 million, $38.2 million, and $35.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Magna International | 18.34 Bn | 16.91 Bn | 1.61 Bn | 273.20 Mn |
| 2 | Autoliv | 8.98 Bn | 8.60 Bn | 509.00 Mn | 260.00 Mn |
| 3 | Lear | 6.43 Bn | 5.43 Bn | 470.30 Mn | 197.50 Mn |
| 4 | Gentex | 4.73 Bn | 4.48 Bn | 241.00 Mn | 99.66 Mn |
| 5 | Dorman Products | 3.78 Bn | 3.65 Bn | 251.23 Mn | 135.01 Mn |
| 6 | Dauch | 1.60 Bn | 723.95 Mn | 338.20 Mn | 216.70 Mn |
| 7 | Adient | 1.47 Bn | 547.40 Mn | 235.00 Mn | 141.00 Mn |
| 8 | Xpel | 1.33 Bn | 1.29 Bn | 63.14 Mn | 39.93 Mn |
| 9 | Standard Motor Products | 858.57 Mn | 858.57 Mn | 164.62 Mn | 113.77 Mn |
| 10 | Cooper-Standard Holdings | 426.88 Mn | 300.30 Mn | 83.76 Mn | 69.67 Mn |
Historic Data
Download Data
Historic 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 |