Wasatch Advisors reports 12.4 percent stake in XPEL stock

Published on 10/18/2026 at 12:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

XPEL reported 3,431,038 shares in the filing dated October 9, 2026. XPEL stock faces November 11 results after Q2 revenue hit USD 143.05 million.

Ownership and operating milestones

Wasatch Advisors disclosed a 12.4 percent XPEL stake on October 9, 2026.
XPEL generated USD 143.05 million of revenue in the second quarter of 2026, up 14.7 percent year over year.
XPEL will publish its next quarterly results on November 11, 2026.
Market capitalization stood at USD 1.2 billion on October 16, 2026.

XPEL, US98379L1008, Illustration mit AI erstellt.

XPEL, Inc. disclosed that Wasatch Advisors held 3,431,038 shares, or 12.4 percent of the class, as of September 30, 2026. The filing was submitted on October 9, 2026, according to StockTitan.

Three ownership and business dates

On May 19, 2026, XPEL announced a USD 110.00 million manufacturing and supply-chain investment covering expanded San Antonio operations and a manufacturing facility in China, as reported by FinancialContent. On August 5, 2026, XPEL reported second-quarter revenue of USD 143.05 million, an increase of 14.7 percent from the prior-year quarter, according to Investing.com. On October 9, 2026, Wasatch Advisors filed the amended ownership report covering 12.4 percent of XPEL's class.

What does the stake mean for ownership?

Wasatch Advisors reported sole voting power over 2,338,002 shares and sole dispositive power over all 3,431,038 shares. The filing classified the position as passive, while the reported ownership percentage gives the investor a material voting presence without stating a control transaction.

Why the manufacturing plan matters

The USD 110.00 million project adds a measurable execution issue to the growth story. Simply Wall St said on October 16, 2026, that the investment could support vertical integration and higher-margin product lines, but also highlighted utilization, cost overruns and pricing pressure as risks. For investors, the key comparison is between the USD 110.00 million capacity commitment and the USD 143.05 million quarterly revenue base reported for the second quarter.

Next reporting date

Investing.com lists November 11, 2026, as XPEL's next earnings date. That release should provide the next quantified check on revenue growth, margins and the financial effect of the expansion program.

Stock valuation and Nasdaq context

XPEL closed at USD 43.81 on Nasdaq on October 16, 2026. Its market capitalization was USD 1.2 billion, while the same dated quotation showed a 52-week range of USD 31.88 to USD 55.91. XPEL develops and sells protective films, coatings, window films and related installation services for automotive and architectural customers.

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