Xpel (XPEL) Research & Development (2018 - 2026)

Xpel (XPEL) has reported Research & Development for 9 consecutive years, with $15.4 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Research & Development rose 29.71% year-over-year to $15.4 million; the trailing twelve-month figure through Jun 2026 stood at $58.0 million (up 26.3% YoY), and the FY2025 full-year result was $51.1 million, up 19.43% from the prior year.
• Research & Development advanced to $15.4 million in Q2 2026 per XPEL's latest filing, from $15.2 million in the prior quarter.
• Across five years, Research & Development topped out at $15.4 million in Q2 2026 and bottomed at $5.9 million in Q2 2022.
• Historically, Research & Development has averaged $10.1 million across 5 years, with a median of $10.3 million in 2024.
• The sharpest annual moves came in 2022 and 2023: Research & Development jumped 86.28% in 2022, then advanced 5.77% in 2023.
• Over 5 years, Research & Development stood at $6.9 million in 2022, then soared by 34.76% to $9.2 million in 2023, then increased by 24.64% to $11.5 million in 2024, then gained by 18.23% to $13.6 million in 2025, then increased by 13.07% to $15.4 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $15.4 million, $15.2 million, and $13.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.