Xpel (XPEL) Research & Development (2018 - 2026)
Xpel's (XPEL) quarterly Research & Development came in at $15.2 million in Q1 2026, up 27.69% YoY from $11.9 million in Q1 2025, and up 11.44% on a QoQ basis from $13.6 million in Q4 2025.
Xpel (XPEL) Research & Development (2018 - 2026) Analysis & Trends
Xpel (XPEL) has 9 years of Research & Development data on file, last reported at $15.2 million in Q1 2026.
- Quarterly Research & Development rose 27.69% year-over-year to $15.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $54.4 million (up 22.86% YoY) and the FY2025 annual result came in at $51.1 million, up 19.43% from the prior year.
- Research & Development rose to $15.2 million in Q1 2026, from $13.6 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $15.2 million in Q1 2026 to a low of $5.9 million in Q2 2022.
- A 5-year average of $9.8 million and a median of $10.3 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development soared 86.28% — and 2023, when it gained 5.77%.
- Tracing XPEL's Research & Development over 5 years: stood at $6.9 million in 2022, then jumped by 34.76% to $9.2 million in 2023, then climbed by 24.64% to $11.5 million in 2024, then increased by 18.23% to $13.6 million in 2025, then rose by 11.44% to $15.2 million in 2026.
- The last three Research & Development figures came in at $15.2 million (Q1 2026), $13.6 million (Q4 2025), and $13.8 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.55 Bn | 73.29 Bn | 2.52 Bn | - |
| 2 | Autozone | 48.72 Bn | 48.46 Bn | 2.52 Bn | - |
| 3 | Magna International | 20.02 Bn | 18.59 Bn | 1.61 Bn | - |
| 4 | Genuine Parts | 18.44 Bn | 17.88 Bn | 2.47 Bn | - |
| 5 | Borgwarner | 13.74 Bn | 11.29 Bn | 721.00 Mn | - |
| 6 | Allison Transmission Holdings | 11.11 Bn | 10.71 Bn | 515.00 Mn | 56.00 Mn |
| 7 | Modine Manufacturing | 10.43 Bn | 10.36 Bn | - | - |
| 8 | Aptiv | 10.21 Bn | 9.45 Bn | 775.00 Mn | - |
| 9 | Autoliv | 9.27 Bn | 8.90 Bn | 509.00 Mn | 122.00 Mn |
| 10 | Xpel | 1.42 Bn | 1.38 Bn | 63.14 Mn | 15.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.39 Mn |
| Mar 31, 2026 | 15.16 Mn |
| Dec 31, 2025 | 13.61 Mn |
| Sep 30, 2025 | 13.79 Mn |
| Jun 30, 2025 | 11.86 Mn |
| Mar 31, 2025 | 11.88 Mn |
| Dec 31, 2024 | 11.51 Mn |
| Sep 30, 2024 | 10.64 Mn |
| Jun 30, 2024 | 10.28 Mn |
| Mar 31, 2024 | 10.39 Mn |
| Dec 31, 2023 | 9.23 Mn |
| Sep 30, 2023 | 7.73 Mn |
| Jun 30, 2023 | 8.15 Mn |
| Mar 31, 2023 | 6.68 Mn |
| Dec 31, 2022 | 6.85 Mn |
| Sep 30, 2022 | 6.30 Mn |
| Jun 30, 2022 | 5.91 Mn |
| Mar 31, 2022 | 6.31 Mn |
| Dec 31, 2021 | 5.30 Mn |
| Sep 30, 2021 | 4.90 Mn |