# APi Group Corp: overview

APG · NYSE · CIK 1796209 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/apg.md) · [Financials](/companies/apg/financials.md) · [Filings](/companies/apg/filings.md) · [Insiders](/companies/apg/insiders.md)

Latest reported revenue: [$2.55bn](/filings/0001628280-26-068186.md) for Q3 FY2026, three months to 2026-09-30, from the 10-Q filed Oct 29, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-068186).

## Last eight quarters

| Line item | Unit | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,861 d](/filings/0001628280-26-011620.md) | [1,719](/filings/0001628280-26-028658.md) | [1,990](/filings/0001628280-26-051007.md) | [2,085](/filings/0001628280-26-068186.md) | [2,117 d](/filings/0001628280-26-011620.md) | [1,982](/filings/0001628280-26-028658.md) | [2,254](/filings/0001628280-26-051007.md) | [2,554](/filings/0001628280-26-068186.md) |
| Gross margin | % | [30.9% d](/filings/0001628280-26-011620.md) | [31.5%](/filings/0001628280-26-028658.md) | [30.9%](/filings/0001628280-26-051007.md) | [31.3%](/filings/0001628280-26-068186.md) | [32.0% d](/filings/0001628280-26-011620.md) | [31.3%](/filings/0001628280-26-028658.md) | [31.2%](/filings/0001628280-26-051007.md) | [30.1%](/filings/0001628280-26-068186.md) |
| Operating margin | % | [6.2% d](/filings/0001628280-26-011620.md) | [4.9%](/filings/0001628280-26-028658.md) | [7.2%](/filings/0001628280-26-051007.md) | [7.8%](/filings/0001628280-26-068186.md) | [7.7% d](/filings/0001628280-26-011620.md) | [5.2%](/filings/0001628280-26-028658.md) | [7.8%](/filings/0001628280-26-051007.md) | [7.9%](/filings/0001628280-26-068186.md) |
| Net margin | % | [3.6% d](/filings/0001628280-26-011620.md) | [2.0%](/filings/0001628280-26-068186.md) | [3.9%](/filings/0001628280-26-068186.md) | [4.5%](/filings/0001628280-26-068186.md) | [4.6% d](/filings/0001628280-26-011620.md) | [2.9%](/filings/0001628280-26-068186.md) | [4.4%](/filings/0001628280-26-068186.md) | [4.5%](/filings/0001628280-26-068186.md) |
| Diluted EPS | $ per share | not reported | [0.07](/filings/0001628280-26-028658.md) | [0.16](/filings/0001628280-26-051007.md) | [0.20](/filings/0001628280-26-068186.md) | not reported | [0.12](/filings/0001628280-26-028658.md) | [0.20](/filings/0001628280-26-051007.md) | [0.24](/filings/0001628280-26-068186.md) |
| Free cash flow | $m | [265 d](/filings/0001628280-26-011620.md) | [50.0](/filings/0001628280-26-028658.md) | [56.0 d](/filings/0001628280-26-051007.md) | [201 d](/filings/0001628280-26-068186.md) | [356 d](/filings/0001628280-26-011620.md) | [67.0](/filings/0001628280-26-028658.md) | [52.0 d](/filings/0001628280-26-051007.md) | [198 d](/filings/0001628280-26-068186.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [3,940](/filings/0001628280-24-007573.md) | [6,558](/filings/0001628280-25-008189.md) | [6,928](/filings/0001628280-26-011620.md) | [7,018](/filings/0001628280-26-011620.md) | [7,911](/filings/0001628280-26-011620.md) |
| Gross margin | % | [23.8%](/filings/0001628280-24-007573.md) | [26.1%](/filings/0001628280-25-008189.md) | [28.0%](/filings/0001628280-26-011620.md) | [31.0%](/filings/0001628280-26-011620.md) | [31.4%](/filings/0001628280-26-011620.md) |
| Operating margin | % | [3.5%](/filings/0001628280-24-007573.md) | [2.5%](/filings/0001628280-25-008189.md) | [5.2%](/filings/0001628280-26-011620.md) | [6.9%](/filings/0001628280-26-011620.md) | [7.0%](/filings/0001628280-26-011620.md) |
| Net margin | % | [1.2%](/filings/0001628280-24-007573.md) | [1.1%](/filings/0001628280-25-008189.md) | [2.2%](/filings/0001628280-26-011620.md) | [3.6%](/filings/0001628280-26-011620.md) | [3.8%](/filings/0001628280-26-011620.md) |
| Diluted EPS | $ per share | [(0.67)](/filings/0001628280-24-007573.md) | [0.10](/filings/0001628280-25-008189.md) | [(0.46)](/filings/0001628280-26-011620.md) | [(0.56)](/filings/0001628280-26-011620.md) | [(0.69)](/filings/0001628280-26-011620.md) |
| Free cash flow | $m | [127](/filings/0001628280-24-007573.md) | [191](/filings/0001628280-25-008189.md) | [428](/filings/0001628280-26-011620.md) | [536](/filings/0001628280-26-011620.md) | [663](/filings/0001628280-26-011620.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/apg/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2023-08-14 | [Juno Lower Holdings L.P.](/insiders/1902804.md) | See Remarks | Sale (S) | 32,004 | $27.80 | $889.7k | [Form 4](/filings/0000899243-23-018185.md) |
| 2023-08-14 | [Juno Lower Holdings L.P.](/insiders/1902804.md) | See Remarks | Sale (S) | 2,566,605 | $27.80 | $71.4m | [Form 4](/filings/0000899243-23-018185.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.53bn | 36,185,639 |  | Added +1,831,546 |
| [Jupiter Topco LLC](/funds/2146052.md) | 2026-06-30 | $998.6m | 23,581,036 |  | Not compared |
| [JANUS HENDERSON GROUP PLC](/funds/1274173.md) | 2026-03-31 | $946.8m | 23,367,041 |  | Not compared |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $743.3m | 17,550,469 |  | Added +934,554 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $741.1m | 17,499,605 |  | Added +12,450,793 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $701.5m | 16,565,140 |  | Added +947,910 |
| [Durable Capital Partners LP](/funds/1798849.md) | 2026-06-30 | $513.8m | 12,131,313 |  | Reduced −2,643,923 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $501.3m | 11,837,492 |  | Added +592,038 |
| [Pictet Asset Management Holding SA](/funds/1993888.md) | 2026-06-30 | $436.2m | 10,303,294 |  | Added +4,907,929 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $360.0m | 8,499,092 |  | Added +290,613 |

## Recent filings

[All 540 filings](/companies/apg/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-29 | 15:31 ET | [10-Q](/filings/0001628280-26-068186.md) | Quarterly report, period 2026-09-30 | 0001628280-26-068186 |
| 2026-10-29 | 08:17 ET | [8-K](/filings/0001628280-26-068030.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-068030 |
| 2026-07-30 | 15:32 ET | [10-Q](/filings/0001628280-26-051007.md) | Quarterly report, period 2026-06-30 | 0001628280-26-051007 |
| 2026-07-30 | 07:36 ET | [8-K](/filings/0001628280-26-050806.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-050806 |
| 2026-07-02 | 07:31 ET | [8-K](/filings/0001628280-26-046698.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-046698 |
| 2026-06-09 | 12:20 ET | [8-K](/filings/0001628280-26-041818.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-041818 |
| 2026-05-19 | 12:32 ET | [8-K](/filings/0001628280-26-036256.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001628280-26-036256 |
| 2026-05-18 | 17:00 ET | [8-K](/filings/0001193125-26-229096.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001193125-26-229096 |
| 2026-05-08 | 16:30 ET | [8-K](/filings/0001193125-26-214754.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-214754 |
| 2026-05-06 | 19:04 ET | [SCHEDULE 13D/A](/filings/0001213900-26-052960.md) | Ownership report, active investor, amended | 0001213900-26-052960 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-011620.md), filed Feb 25, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, has been scored from the reported figures. [See the target](/leagues/2026q3/targets/94ec9368-0ccc-4b38-a99d-77947724e23f)

## About the filer

- CIK: 1796209
- Tickers: APG
- Exchange: NYSE
- SIC code: 7340 Services-To Dwellings & Other Buildings
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 15:38 ET. No prices; not investment advice.