APi Group revenue and financials
$40.19Change from previous close: −2.93%Absolute change: −$1.21
In the fiscal year ended December 2025, APi Group reported revenue of $7.91B (+12.72% year over year). Net income was $302M, a net margin of 3.8%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +12.72%
- 2025 vs 2024
- Net income growth
- +20.80%
- 2025 vs 2024
- Net margin
- 3.8%
- 2024: 3.6%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | 7,911 | 7,018 | 6,928 | 6,558 | 3,940 |
| Cost of revenue | 5,424 | 4,840 | 4,988 | 4,844 | 3,001 |
| Gross profit | 2,487 | 2,178 | 1,940 | 1,714 | 939 |
| Selling, general and administrative | 1,604 | 1,480 | 1,353 | 1,192 | 803 |
| Operating income | 655 | 482 | 390 | 325 | 136 |
| EBIT | 655 | 482 | 390 | 325 | 136 |
| EBITDA | 982 | 784 | 693 | 629 | 338 |
| Interest expense | 141 | 146 | 145 | 125 | 60.0 |
| Pre-tax income | 413 | 330 | 232 | 93.0 | 79.0 |
| Income tax | 111 | 80.0 | 79.0 | 20.0 | 32.0 |
| Net income | 302 | 250 | 153 | 73.0 | 47.0 |
| Net income to common shareholders | -288 | -224 | -161 | 23.0 | -137 |
| Basic EPS | -0.69 | -0.56 | -0.46 | 0.07 | -0.44 |
| Diluted EPS | -0.69 | -0.56 | -0.46 | 0.07 | -0.44 |
| Average shares (basic) | 416 | 402 | 353 | 350 | 309 |
| Average shares (diluted) | 416 | 402 | 353 | 399 | 309 |