APi Group Financial Statements
NYSE: APGConsumer DiscretionaryDiversified Commercial ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
APi Group revenue and earnings
In fiscal 2025, APi Group generated $7.91 billion in revenue, up 12.7% from fiscal 2024, its 6th consecutive year of revenue growth. Net income was $302.0 million (+20.8% year over year), for a net margin of 3.8% versus a median of 1.2% in the prior 5 years. Gross margin was 31.4% (up from 31.0%) and operating margin 7.0%.
Diluted earnings per share came in at -$0.69. Over the last 5 fiscal years, APG's revenue has grown at a 17.1% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
APi Group income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.91B | 7.02B | 6.93B | 6.56B | 3.94B | 3.59B | 985.00M | 3.73B |
| Revenue growth (YoY) | +12.72% | +1.30% | +5.64% | +66.45% | +9.84% | +264.16% | -73.58% | — |
| Cost of Revenue | 5.42B | 4.84B | 4.99B | 4.84B | 3.00B | 2.83B | 787.00M | 2.94B |
| Gross Profit | 2.49B | 2.18B | 1.94B | 1.71B | 939.00M | 756.00M | 198.00M | 787.00M |
| Operating Expenses | 1.93B | 1.69B | 1.58B | 1.55B | 803.00M | 922.00M | 359.00M | 625.00M |
| Selling, General & Admin | 1.93B | 1.69B | 1.58B | 1.55B | 803.00M | 725.00M | 359.00M | 625.00M |
| Operating Income | 554.00M | 484.00M | 359.00M | 162.00M | 136.00M | -166.00M | -161.00M | 162.00M |
| Interest Expense | — | — | 145.00M | 125.00M | 60.00M | 52.00M | 15.00M | 22.00M |
| Other Income (Expense) | -141.00M | -154.00M | -127.00M | -69.00M | -57.00M | -18.00M | 10.00M | -16.00M |
| Pretax Income | 413.00M | 330.00M | 232.00M | 93.00M | 79.00M | -184.00M | -151.00M | 146.00M |
| Income Tax | 111.00M | 80.00M | 79.00M | 20.00M | 32.00M | -31.00M | 2.00M | 10.00M |
| Net Income | 302.00M | 250.00M | 153.00M | 73.00M | 47.00M | -153.00M | -153.00M | 136.00M |
| Net Income growth (YoY) | +20.80% | +63.40% | +109.59% | +55.32% | — | — | -212.50% | — |
| EPS (Basic) | -0.69 | -0.56 | -0.46 | 0.10 | -0.67 | -2.21 | -1.15 | — |
| EPS (Diluted) | -0.69 | -0.56 | -0.46 | 0.10 | -0.67 | -2.21 | -1.15 | — |
| Shares Outstanding (Basic) | 415.71M | 401.51M | 352.71M | 233.20M | 206.00M | 169.00M | 133.00M | — |
| Shares Outstanding (Diluted) | 415.71M | 401.51M | 352.71M | 266.08M | 206.00M | 169.00M | 133.00M | — |
| EBITDA | 639.00M | 564.00M | 438.00M | 239.00M | 211.00M | -85.00M | -143.00M | 222.00M |
| Gross Margin | 31.44% | 31.03% | 28.00% | 26.14% | 23.83% | 21.08% | 20.10% | 21.11% |
| Operating Margin | 7.00% | 6.90% | 5.18% | 2.47% | 3.45% | -4.63% | -16.35% | 4.35% |
| Net Margin | 3.82% | 3.56% | 2.21% | 111.00% | 119.00% | -4.27% | -15.53% | 3.65% |
This table shows 8 annual periods of APi Group's income statement, from FY 2025 back to FY 2018, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow APG's reporting calendar. What is a income statement?