APi Group Corp (APG) stock
Close on Oct 30, 2026Market cap $19.16BP/E –Yield –
Earnings
APi's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of APi's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q4 FY2026ended Dec 31, 2026 | Feb 24, 2027Expected | – | – | – | – | – |
| Q3 FY2026ended Sep 30, 2026 | Oct 29, 2026before the open | $2.60B | +23.8% | $0.24 | $0.50 | Release |
| Q2 FY2026ended Jun 30, 2026 | Jul 30, 2026before the open | $2.30B | +15.6% | $0.20 | $0.44 | Release |
| Q1 FY2026ended Mar 31, 2026 | Apr 30, 2026before the open | $2.00B | +16.3% | $0.12 | $0.32 | Release |
| Q4 FY2025ended Dec 31, 2025 | Feb 25, 2026before the open | $2.10B | +12.8% | -$1.19 | $0.44 | Release |
| Q3 FY2025ended Sep 30, 2025 | Oct 30, 2025before the open | $2.10B | +15.0% | $0.20 | $0.41 | Release |
| Q2 FY2025ended Jun 30, 2025 | Jul 31, 2025before the open | $1.99B | +17.1% | $0.16 | $0.39 | Release |
| Q1 FY2025ended Mar 31, 2025 | May 1, 2025before the open | $1.72B | +7.4% | $0.11 | $0.37 | Release |
| Q4 FY2024ended Dec 31, 2024 | Feb 26, 2025before the open | $1.86B | +5.8% | -$0.10 | $0.51 | Release |
| Q3 FY2024ended Sep 30, 2024 | Oct 31, 2024before the open | $1.83B | +2.4% | $0.23 | $0.51 | Release |
| Q2 FY2024ended Jun 30, 2024 | Aug 1, 2024before the open | $1.70B | -5.6% | $0.22 | $0.49 | Release |
| Q1 FY2024ended Mar 31, 2024 | May 2, 2024before the open | $1.60B | -0.8% | -$1.34 | $0.34 | Release |
| Q4 FY2023ended Dec 31, 2023 | Feb 28, 2024before the open | $1.76B | +3.5% | -$1.08 | $0.44 | Release |
| Q3 FY2023ended Sep 30, 2023 | Nov 2, 2023before the open | $1.78B | +4.9% | $0.15 | $0.48 | Release |
| Q2 FY2023ended Jun 30, 2023 | Aug 3, 2023before the open | $1.80B | +12.5% | $0.12 | $0.41 | Release |
| Q1 FY2023ended Mar 31, 2023 | May 4, 2023before the open | $1.61B | +7.6% | $0.05 | $0.25 | Release |
| Q4 FY2022ended Dec 31, 2022 | Feb 28, 2023before the open | $1.70B | +54.5% | $0.04 | $0.36 | Release |
| Q3 FY2022ended Sep 30, 2022 | Nov 3, 2022before the open | $1.70B | +70.0% | $0.06 | $0.37 | Release |
| Q2 FY2022ended Jun 30, 2022 | Aug 4, 2022before the open | $1.60B | – | $0.06 | $0.37 | Release |
| Q1 FY2022ended Mar 31, 2022 | May 4, 2022before the open | $1.50B | – | -$0.08 | $0.23 | Release |
| Q4 FY2021ended Dec 31, 2021 | Mar 1, 2022before the open | $1.10B | – | -$0.75 | $0.29 | Release |
| Q3 FY2021ended Sep 30, 2021 | Nov 10, 2021before the open | $1.00B | – | $0.08 | $0.35 | Release |
| Q2 FY2021ended Jun 30, 2021 | Aug 11, 2021before the open | – | – | – | – | Filing |
| Q1 FY2021ended Mar 31, 2021 | May 12, 2021before the open | – | – | – | – | Filing |
| Q4 FY2020ended Dec 31, 2020 | Feb 16, 2021before the open | – | – | – | – | Filing |
| Q3 FY2020ended Sep 30, 2020 | Nov 10, 2020during market hours | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
APi's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Net revenuesGAAP | FY2026 | $9.20B – $9.25B | – | New | Oct 29, 2026 |
| Net RevenuesGAAP | FY2026 | $8.88B – $9.03B | – | New | Jul 30, 2026 |
| Net Revenues | FY2026 | $8.48B – $8.68B | $8.40B – $8.60B | Raised | Apr 30, 2026 |
| Net Revenues | FY2026 | $8.40B – $8.60B | – | New | Feb 25, 2026 |
| Adjusted EBITDAnon-GAAP | FY2026 | $1.24B – $1.26B | $1.14B – $1.20B | Raised | Oct 29, 2026 |
| Adjusted EBITDAnon-GAAP | FY2026 | $1.21B – $1.25B | $1.15B – $1.21B | Raised | Jul 30, 2026 |
| Adjusted Free Cash Flow Conversionnon-GAAP | FY2026 | 115% | 115% | Reaffirmed | Jul 30, 2026 |
| adjusted EBITDA margin at the midpointnon-GAAP | FY2026 | 13.8% | – | New | Feb 17, 2026 |
| Adjusted free cash flow conversionnon-GAAP | FY2026 | 110% | 115% | Lowered | Oct 29, 2026 |
Guidance vs results
The last range APi gave before each report, against the figure it then reported. Full years add up the four quarters.
| Period | Metric | Guidance | Actual | Result |
|---|---|---|---|---|
| Q3 FY2026 | Revenue | $2.38B – $2.43B | $2.60B | Above range |
| Q2 FY2026 | Revenue | $2.18B – $2.23B | $2.30B | Above range |
| Q1 FY2026 | Revenue | $1.88B – $1.98B | $2.00B | Above range |
| FY2025 | Revenue | $7.83B – $7.93B | $7.91BΣ4Q | Within range |
| Q3 FY2025 | Revenue | $1.99B – $2.04B | $2.10B | Above range |
| Q2 FY2025 | Revenue | $1.88B – $1.93B | $1.99B | Above range |
| Q1 FY2025 | Revenue | $1.63B – $1.68B | $1.72B | Above range |
| Q3 FY2024 | Revenue | $1.86B – $1.91B | $1.83B | Below range |
| Q2 FY2024 | Revenue | $1.75B – $1.80B | $1.70B | Below range |
| Q1 FY2024 | Revenue | $1.56B – $1.61B | $1.60B | Within range |
| Q4 FY2023 | Revenue | $1.73B – $1.78B | $1.76B | Within range |
| Q3 FY2023 | Revenue | $1.86B – $1.89B | $1.78B | Below range |
| Q2 FY2023 | Revenue | $1.75B – $1.78B | $1.80B | Above range |
Guidance history
Every forecast APi put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Oct 29, 2026 | Adjusted EBITDA | FY2026 | $1.24B – $1.26B | Raised |
| Oct 29, 2026 | Adjusted free cash flow conversion | FY2026 | 110% | Lowered |
| Oct 29, 2026 | Net revenues | FY2026 | $9.20B – $9.25B | New |
| Jul 30, 2026 | Adjusted EBITDA | Q3 FY2026 | $325.00M – $335.00M | New |
| Jul 30, 2026 | Adjusted EBITDA | FY2026 | $1.21B – $1.25B | Raised |
| Jul 30, 2026 | Adjusted Free Cash Flow Conversion | FY2026 | 115% | Reaffirmed |
| Jul 30, 2026 | Net Revenues | FY2026 | $8.88B – $9.03B | New |
| Jul 30, 2026 | Net Revenues | Q3 FY2026 | $2.38B – $2.43B | New |
| Apr 30, 2026 | Adjusted EBITDA | FY2026 | $1.15B – $1.21B | Raised |
| Apr 30, 2026 | Adjusted EBITDA | Q2 FY2026 | $300.00M – $310.00M | New |
| Apr 30, 2026 | Adjusted Free Cash Flow Conversion | FY2026 | 115% | New |
| Apr 30, 2026 | Net Revenues | FY2026 | $8.48B – $8.68B | Raised |
| Apr 30, 2026 | Net Revenues | Q2 FY2026 | $2.18B – $2.23B | New |
| Feb 25, 2026 | Adjusted EBITDA | Q1 FY2026 | $225.00M – $235.00M | New |
| Feb 25, 2026 | Adjusted EBITDA | FY2026 | $1.14B – $1.20B | New |
| Feb 25, 2026 | Adjusted Free Cash Flow Conversion | FY2026 | 115% | New |
| Feb 25, 2026 | Net Revenues | FY2026 | $8.40B – $8.60B | New |
| Feb 25, 2026 | Net Revenues | Q1 FY2026 | $1.88B – $1.98B | New |
| Feb 17, 2026 | adjusted EBITDA | FY2026 | $1.14B – $1.20B | New |
| Feb 17, 2026 | adjusted EBITDA margin at the midpoint | FY2026 | 13.8% | New |
| Feb 17, 2026 | net revenues | FY2026 | $8.40B – $8.60B | New |
| Oct 30, 2025 | Adjusted EBITDA | FY2025 | $1.02B – $1.05B | Raised |
| Oct 30, 2025 | Adjusted Free Cash Flow Conversion | FY2025 | 75% | Reaffirmed |
| Oct 30, 2025 | Net Revenues | FY2025 | $7.83B – $7.93B | Raised |
| Jul 31, 2025 | Adjusted EBITDA | FY2025 | $1.01B – $1.05B | New |
| Jul 31, 2025 | Adjusted EBITDA | Q3 FY2025 | $270.00M – $280.00M | New |
| Jul 31, 2025 | Adjusted Free Cash Flow Conversion | FY2025 | 75% | New |
| Jul 31, 2025 | Net Revenues | FY2025 | $7.65B – $7.85B | New |
| Jul 31, 2025 | Net Revenues | Q3 FY2025 | $1.99B – $2.04B | New |
| May 1, 2025 | Adjusted EBITDA | Q2 FY2025 | $260.00M – $270.00M | New |
| May 1, 2025 | Adjusted EBITDA | FY2025 | $985.00M – $1.04B | Raised |
| May 1, 2025 | Adjusted Free Cash Flow Conversion | FY2025 | 75% | Reaffirmed |
| May 1, 2025 | Net Revenues | Q2 FY2025 | $1.88B – $1.93B | New |
| May 1, 2025 | Net Revenues | FY2025 | $7.40B – $7.60B | Raised |
| Feb 26, 2025 | Adjusted EBITDA | Q1 FY2025 | $185.00M – $195.00M | New |
| Feb 26, 2025 | Adjusted EBITDA | FY2025 | $970.00M – $1.02B | Reaffirmed |
| Feb 26, 2025 | Adjusted Free Cash Flow Conversion | FY2025 | 75% | Raised |
| Feb 26, 2025 | Net Revenues | Q1 FY2025 | $1.63B – $1.68B | New |
| Feb 26, 2025 | Net Revenues | FY2025 | $7.30B – $7.50B | New |
| Feb 19, 2025 | adjusted EBITDA | FY2025 | $970.00M – $1.02B | New |
| Feb 19, 2025 | adjusted EBITDA margin | FY2025 | 13.4% | New |
| Feb 19, 2025 | net revenues | FY2025 | $7.30B – $7.50B | New |
| Oct 31, 2024 | Adjusted EBITDA | FY2024 | $890.00M – $900.00M | Narrowed |
| Oct 31, 2024 | Adjusted Free Cash Flow Conversion | FY2024 | 75% | Raised |
| Oct 31, 2024 | adjusted EBITDA margin target | FY2025 | 13% | New |
| Oct 31, 2024 | Net Revenues | FY2024 | $7.00B | Lowered |
| Aug 1, 2024 | Adjusted EBITDA | Q3 FY2024 | $240.00M – $250.00M | New |
| Aug 1, 2024 | Adjusted EBITDA | FY2024 | $885.00M – $915.00M | Raised |
| Aug 1, 2024 | Adjusted Free Cash Flow Conversion | FY2024 | 70% | New |
| Aug 1, 2024 | Net Revenues | Q3 FY2024 | $1.86B – $1.91B | New |
| Aug 1, 2024 | Net Revenues | FY2024 | $7.15B – $7.35B | Raised |
| May 2, 2024 | Adjusted EBITDA | Q2 FY2024 | $220.00M – $235.00M | New |
| May 2, 2024 | Adjusted EBITDA | FY2024 | $855.00M – $905.00M | Reaffirmed |
| May 2, 2024 | Adjusted Free Cash Flow Conversion | FY2024 | 70% | Reaffirmed |
| May 2, 2024 | Net Revenues | Q2 FY2024 | $1.75B – $1.80B | New |
| May 2, 2024 | Net Revenues | FY2024 | $7.05B – $7.25B | Reaffirmed |
| Feb 28, 2024 | Adjusted EBITDA | Q1 FY2024 | $165.00M – $180.00M | New |
| Feb 28, 2024 | Adjusted EBITDA | FY2024 | $855.00M – $905.00M | New |
| Feb 28, 2024 | Adjusted Free Cash Flow Conversion | FY2024 | 70% | New |
| Feb 28, 2024 | Net Revenues | Q1 FY2024 | $1.56B – $1.61B | New |
| Feb 28, 2024 | Net Revenues | FY2024 | $7.05B – $7.25B | New |
| Nov 2, 2023 | Adjusted EBITDA | Q4 FY2023 | $200.00M – $210.00M | New |
| Nov 2, 2023 | Adjusted EBITDA | FY2023 | $775.00M – $785.00M | Raised |
| Nov 2, 2023 | Adjusted Free Cash Flow Conversion | FY2023 | 65% | New |
| Nov 2, 2023 | Net Revenues | Q4 FY2023 | $1.73B – $1.78B | New |
| Nov 2, 2023 | Net Revenues | FY2023 | $6.90B – $6.95B | Lowered |
| Aug 3, 2023 | Adjusted EBITDA | Q3 FY2023 | $215.00M – $225.00M | New |
| Aug 3, 2023 | Adjusted EBITDA | FY2023 | $765.00M – $785.00M | Raised |
| Aug 3, 2023 | Net Revenues | Q3 FY2023 | $1.86B – $1.89B | New |
| Aug 3, 2023 | Net Revenues | FY2023 | $7.02B – $7.08B | Raised |
| May 4, 2023 | Adjusted EBITDA | Q2 FY2023 | $195.00M – $205.00M | New |
| May 4, 2023 | Adjusted EBITDA | FY2023 | $740.00M – $780.00M | New |
| May 4, 2023 | Net Revenues | Q2 FY2023 | $1.75B – $1.78B | New |
| May 4, 2023 | Net Revenues | FY2023 | $6.88B – $7.03B | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases APi filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Update
- Update
- News
- News
- Results
- Results
- Results
- Update
- Results
- Results
- Update
- News
- Results