Xpel (XPEL) Operating Margin (2018 - 2026)

Xpel (XPEL) has reported Operating Margin for 9 consecutive years, with 11.09% the latest figure, recorded in Q1 2026.

• Operating Margin for Q1 2026 came in at 11.09%, up 37.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.18% (down 88.0% YoY), and the FY2025 annual result was 13.16%, down 91.0% from the prior year.
• Operating Margin was 11.09% for Q1 2026 at Xpel, down from 12.66% in the prior quarter.
• Over five years, Operating Margin peaked at 19.75% in Q2 2023 and troughed at 10.24% in Q1 2024.
• Average Operating Margin over 5 years is 14.85%, with a median of 13.97% recorded in 2022.
• Year-over-year, Operating Margin surged 415 bps in 2022 and tumbled 715 bps in 2024.
• Over 5 years, Operating Margin stood at 13.82% in 2022, then slipped by 2 bps to 13.48% in 2023, then slipped by 15 bps to 11.48% in 2024, then grew by 10 bps to 12.66% in 2025, then retreated by 12 bps to 11.09% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 11.09% in Q1 2026, 12.66% in Q4 2025, and 13.36% in Q3 2025.