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XPEL, Inc. (XPEL): R&D Expense

Annual figures by period end, from SEC filings.

Restated years: each year's figure is from the latest filing that reports it. The company later restated the year ended 2020-12-31 (for example after a spin-off or a discontinued operation), while the year before it was last reported on the old basis. Changes across those points are marked n/c (not comparable), and growth rates are not computed across them.

$2.90M
Year ended 2025-12-31
+93.5%
3-year compound annual growth
+96.1%
5-year compound annual growth
2018-12-31: $223.9K2019-12-31: $602.4K2020-12-31: $100.0K2021-12-31: $400.0K2022-12-31: $400.0K2023-12-31: $2.90M2024-12-31: $2.90M2025-12-31: $2.90M$2.90M
2018-12-31 R&D Expense (USD) 2025-12-31
Period endedR&D ExpenseChange YoYSource filing
2025-12-31$2.90M0.0%2026-02-27, From 2025-01-01
2024-12-31$2.90M0.0%2026-02-27, From 2024-01-01
2023-12-31$2.90M+625.0%2026-02-27, From 2023-01-01
2022-12-31$400.0K0.0%2025-02-28, From 2022-01-01
2021-12-31$400.0K+300.0%2024-02-28, From 2021-01-01
2020-12-31$100.0Kn/c2023-02-28, From 2020-01-01
2019-12-31$602.4K+169.1%2022-02-28, From 2019-01-01
2018-12-31$223.9Kn/a2021-03-11, From 2018-01-01

R&D Expense at similar companies

Companies with the same SEC industry code (Coating, Engraving & Allied Services), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedR&D ExpenseChange YoY
XPEL, Inc. (XPEL)2025-12-31$2.90M0.0%
Smith & Wesson Brands, Inc. (SWBI)2026-04-30$10.30M+7.7%
Proto Labs Inc (PRLB)2025-12-31$42.81M+3.7%
Sturm Ruger & Co Inc (RGR)2025-12-31$8.40M+2.4%
Helios Technologies, Inc. (HLIO)2026-01-03$19.10M-5.0%
Eastern Co (EML)2026-01-03$4.06M-16.9%
Mueller Water Products, Inc. (MWA)2025-09-30$19.90M-2.9%
Hillman Solutions Corp. (HLMN)2025-12-27$1.36M+1.9%
Crane NXT, Co. (CXT)2025-12-31$46.00M+16.5%

Compare XPEL, SWBI, PRLB, RGR side by side · Screen every company in Coating, Engraving & Allied Services ↗