APi Group revenue and financials
$40.28Change from previous close: −2.71%Absolute change: −$1.12
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 |
|---|---|---|---|---|---|
| Operating cash flow | 759 | 620 | 514 | 270 | 182 |
| Depreciation and amortization | 327 | 302 | 303 | 304 | 202 |
| Capital expenditure | -96.0 | -84.0 | -86.0 | -79.0 | -55.0 |
| Investing cash flow | -254 | -829 | -115 | -2,901 | -121 |
| Financing cash flow | -121 | 245 | -532 | 1,756 | 917 |
| Dividends paid | — | — | — | — | 0.0 |
| Share repurchases | -96.0 | -13.0 | -44.0 | -47.0 | -3.0 |
| Debt issued | 0.0 | 850 | 0.0 | 1,104 | 650 |
| Debt repaid | -7.0 | -437 | -484 | -64.0 | -321 |
| Effect of exchange rates | 28.0 | -15.0 | 6.0 | -9.0 | -2.0 |
| Net change in cash | 412 | 21.0 | -127 | -884 | 976 |
| Free cash flow | 663 | 536 | 428 | 191 | 127 |
| Levered free cash flow | 694 | 468 | 428 | 562 | -263 |