APi Group Corporation (APG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.98B | 2.12B | 2.08B | 1.99B | 1.72B | 1.86B | 1.83B | 1.73B | 1.6B | 1.76B | 1.78B | 1.77B | 1.61B | 1.7B | 1.74B | 1.65B | 1.47B | 1.11B | 1.05B | 978M |
| Revenue Growth % | 15.3% | 13.76% | 14.18% | 15.03% | 7.37% | 5.8% | 2.35% | -2.32% | -0.81% | 3.29% | 2.82% | 7.4% | 9.72% | 53.15% | 65.71% | 68.61% | 83.19% | 26.08% | 9.29% | 10.01% |
| Cost of Goods Sold | 1.43B | 1.5B | 1.49B | 1.38B | 1.23B | 1.29B | 1.26B | 1.19B | 1.11B | 1.25B | 1.27B | 1.27B | 1.19B | 1.24B | 1.29B | 1.21B | 1.09B | 838M | 795M | 746M |
| COGS % of Revenue | 71.9% | 70.81% | 71.61% | 69.1% | 71.79% | 69.1% | 68.95% | 68.55% | 69.27% | 71.12% | 71.36% | 71.99% | 73.67% | 72.81% | 74.64% | 73.62% | 74.44% | 75.36% | 75.93% | 76.28% |
| Gross Profit | 557M | 618M | 592M | 615M | 485M | 575M | 567M | 544M | 492M | 508M | 511M | 496M | 425M | 463M | 440M | 435M | 376M | 274M | 252M | 232M |
| Gross Margin % | 28.1% | 29.19% | 28.39% | 30.9% | 28.21% | 30.9% | 31.05% | 31.45% | 30.73% | 28.88% | 28.64% | 28.01% | 26.33% | 27.19% | 25.36% | 26.38% | 25.56% | 24.64% | 24.07% | 23.72% |
| Gross Profit Growth % | 14.85% | 7.48% | 4.41% | 13.05% | -1.42% | 13.19% | 10.96% | 9.68% | 15.76% | 9.72% | 16.14% | 14.02% | 13.03% | 68.98% | 74.6% | 87.5% | 107.73% | 38.38% | 13.51% | 33.33% |
| Operating Expenses | 408M | 526M | 431M | 472M | 398M | 459M | 425M | 418M | 392M | 433M | 407M | 389M | 352M | 414M | 379M | 376M | 383M | 224M | 211M | 185M |
| OpEx % of Revenue | 20.59% | 24.85% | 20.67% | 23.72% | 23.15% | 24.66% | 23.27% | 24.16% | 24.48% | 24.62% | 22.81% | 21.96% | 21.81% | 24.31% | 21.84% | 22.8% | 26.04% | 20.14% | 20.15% | 18.92% |
| Selling, General & Admin | 408M | 526M | 431M | 472M | 398M | 404M | 425M | 418M | 392M | 430M | 407M | 389M | 352M | 404M | 369M | 365M | 372M | 224M | 211M | 185M |
| SG&A % of Revenue | 20.59% | 24.85% | 20.67% | 23.72% | 23.15% | 21.71% | 23.27% | 24.16% | 24.48% | 24.45% | 22.81% | 21.96% | 21.81% | 23.72% | 21.27% | 22.13% | 25.29% | 20.14% | 20.15% | 18.92% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 |
| Operating Income | 149M | 92M | 161M | 143M | 87M | 116M | 142M | 126M | 100M | 75M | 104M | 107M | 73M | 49M | 61M | 59M | -7M | 50M | 41M | 47M |
| Operating Margin % | 7.52% | 4.35% | 7.72% | 7.19% | 5.06% | 6.23% | 7.78% | 7.28% | 6.25% | 4.26% | 5.83% | 6.04% | 4.52% | 2.88% | 3.52% | 3.58% | -0.48% | 4.5% | 3.92% | 4.81% |
| Operating Income Growth % | 71.26% | -20.69% | 13.38% | 13.49% | -13% | 54.67% | 36.54% | 17.76% | 36.99% | 53.06% | 70.49% | 81.36% | 1142.86% | -2% | 48.78% | 25.53% | -250% | 338.1% | -33.87% | 74.07% |
| EBITDA | 233M | 177M | 242M | 224M | 167M | 197M | 219M | 201M | 169M | 152M | 181M | 182M | 147M | 128M | 134M | 135M | 69M | 98M | 93M | 99M |
| EBITDA Margin % | 11.76% | 8.36% | 11.61% | 11.26% | 9.71% | 10.59% | 11.99% | 11.62% | 10.56% | 8.64% | 10.15% | 10.28% | 9.11% | 7.52% | 7.72% | 8.19% | 4.69% | 8.81% | 8.88% | 10.12% |
| EBITDA Growth % | 39.52% | -10.15% | 10.5% | 11.44% | -1.18% | 29.61% | 20.99% | 10.44% | 14.97% | 18.75% | 35.07% | 34.81% | 113.04% | 30.61% | 44.09% | 36.36% | 43.75% | 113.04% | -18.42% | -1.98% |
| D&A (Non-Cash Add-back) | 84M | 85M | 81M | 81M | 80M | 81M | 77M | 75M | 69M | 77M | 77M | 75M | 74M | 79M | 73M | 76M | 76M | 48M | 52M | 52M |
| EBIT | 149M | 92M | 161M | 145M | 87M | 114M | 141M | 124M | 97M | 78M | 111M | 113M | 75M | 63M | 79M | 72M | 4M | 50M | 44M | 44M |
| Net Interest Income | -30M | -3M | -20M | -37M | -24M | -36M | -41M | -35M | -34M | -33M | -37M | -38M | -37M | -37M | -33M | -28M | -27M | -17M | -14M | -14M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 30M | 3M | 20M | 37M | 24M | 36M | 41M | 35M | 34M | 33M | 37M | 38M | 37M | 37M | 33M | 28M | 27M | 17M | 14M | 14M |
| Other Income/Expense | -78M | 37M | -31M | -35M | -41M | -38M | -42M | -37M | -37M | -30M | -30M | -32M | -35M | -23M | -15M | -15M | -16M | -17M | -11M | -17M |
| Pretax Income | 71M | 129M | 130M | 108M | 46M | 78M | 100M | 89M | 63M | 45M | 74M | 75M | 38M | 26M | 46M | 44M | -23M | 33M | 30M | 30M |
| Pretax Margin % | 3.58% | 6.09% | 6.24% | 5.43% | 2.68% | 4.19% | 5.48% | 5.14% | 3.94% | 2.56% | 4.15% | 4.23% | 2.35% | 1.53% | 2.65% | 2.67% | -1.56% | 2.97% | 2.87% | 3.07% |
| Income Tax | 14M | 32M | 37M | 31M | 11M | 11M | 31M | 20M | 18M | 20M | 20M | 27M | 12M | 4M | 18M | 14M | -16M | 18M | 11M | 9M |
| Effective Tax Rate % | 19.72% | 24.81% | 28.46% | 28.7% | 23.91% | 14.1% | 31% | 22.47% | 28.57% | 44.44% | 27.03% | 36% | 31.58% | 15.38% | 39.13% | 31.82% | 69.57% | 54.55% | 36.67% | 30% |
| Net Income | 57M | 97M | 93M | 77M | 35M | 67M | 69M | 69M | 45M | 25M | 54M | 48M | 26M | 22M | 28M | 30M | -7M | 15M | 19M | 21M |
| Net Margin % | 2.88% | 4.58% | 4.46% | 3.87% | 2.04% | 3.6% | 3.78% | 3.99% | 2.81% | 1.42% | 3.03% | 2.71% | 1.61% | 1.29% | 1.61% | 1.82% | -0.48% | 1.35% | 1.81% | 2.15% |
| Net Income Growth % | 62.86% | 44.78% | 34.78% | 11.59% | -22.22% | 168% | 27.78% | 43.75% | 73.08% | 13.64% | 92.86% | 60% | 471.43% | 46.67% | 47.37% | 42.86% | 12.5% | 168.18% | -29.63% | -41.67% |
| Net Income (Continuing) | 57M | 97M | 93M | 77M | 35M | 67M | 69M | 69M | 45M | 25M | 54M | 48M | 26M | 22M | 28M | 30M | -7M | 15M | 19M | 21M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.12 | -1.19 | 0.20 | 0.16 | 0.07 | -0.07 | 0.17 | 0.15 | -0.89 | -0.70 | 0.11 | 0.09 | 0.03 | 0.03 | 0.04 | 0.05 | -0.05 | -0.50 | 0.06 | 0.07 |
| EPS Growth % | 61.51% | -1652.58% | 17.65% | 6.67% | 108.35% | 90.3% | 54.55% | 63.93% | -2650.14% | -2645.45% | 193.33% | 92.23% | 167.5% | 105.5% | -38.02% | -29.79% | -85.97% | 47.92% | -38.83% | -51.57% |
| EPS (Basic) | 0.12 | -1.19 | 0.20 | 0.17 | 0.07 | -0.07 | 0.17 | 0.15 | -0.89 | -0.70 | 0.12 | 0.10 | 0.04 | 0.03 | 0.05 | 0.05 | -0.05 | -0.50 | 0.06 | 0.07 |
| Diluted Shares Outstanding | 435M | 416M | 429.47M | 415.85M | 417.42M | 412.5M | 413.88M | 413.59M | 374.62M | 352.5M | 405.06M | 404.34M | 400.76M | 400.5M | 399.69M | 398.88M | 348M | 337.5M | 314.08M | 309.57M |
| Basic Shares Outstanding | 431M | 416M | 415.81M | 415.85M | 415.85M | 412.5M | 411.96M | 407.31M | 374.62M | 352.5M | 353.13M | 352.77M | 351.58M | 351M | 350.41M | 349.66M | 348M | 337.5M | 307.28M | 301.92M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |