XPEL, INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2018 | 30.4% | 10.7% | 7.9% |
| FY2019 | 33.5% | 13.2% | 10.8% |
| FY2020 | 34.0% | 14.7% | 11.5% |
| FY2021 | 35.7% | 15.5% | 12.2% |
| FY2022 | 39.4% | 16.6% | 12.8% |
| FY2023 | 41.0% | 16.9% | 13.3% |
| FY2024 | 42.2% | 14.1% | 10.8% |
| FY2025 | 42.2% | 13.2% | 10.8% |