APi Group revenue and financials

APG · NYSE · USD

$40.28−2.71%−$1.12

Close · October 7, 2026

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%.

Annual revenue · 2025: $7.91B
  1. $3.94B2021
  2. $6.56B2022
  3. $6.93B2023
  4. $7.02B2024
  5. $7.91B2025

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.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total revenue2,2541,9822,1172,0851,9901,7191,8611,8261,7301,6011,7591,784
Cost of revenue1,5511,3621,4391,4331,3751,1771,2861,2591,1861,1091,2511,273
Gross profit703620678652615542575567544492508511
Selling, general and administrative432413412409393390401371362346361355
Operating income20414420618716795.011713913096.097.0107
EBIT20414420618716795.011713913096.097.0107
EBITDA293228291268248175198216205165174184
Interest expense36.030.032.034.037.038.036.041.036.034.033.037.0
Pre-tax income13871.012913010846.078.010089.063.045.074.0
Income tax39.014.032.037.031.011.011.031.020.018.020.020.0
Net income99.057.097.093.077.035.067.069.069.045.025.054.0
Net income to common shareholders89.051.0-47284.069.031.0-28.062.069.0-327-23635.0
Basic EPS0.210.12-1.130.200.170.07-0.070.150.17-0.87-0.670.10
Diluted EPS0.200.12-1.130.200.160.07-0.070.150.17-0.88-0.690.10
Average shares (basic)433431416416415416413412408375353353
Average shares (diluted)437435416429428417413414414375353405