NYSE$APG

APi Group Corporation · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

APi Group Corporation reported strong revenue growth and improved profitability for the second quarter ended June 30, 2025.

APi Group Corporation achieved net revenues of $1.99 billion in Q2 2025, representing 15% year-over-year growth driven by acquisitions, pricing improvements, and organic expansion in safety and specialty services. The company delivered net income of $77 million and operating income of $143 million, with gross profit reaching $615 million. Safety Services remained the primary growth driver, contributing $1.36 billion in segment revenue.

  • Net revenues rose 15% year-over-year to $1.99 billion, fueled by acquisitions and strong project and service demand.
  • Operating income increased to $143 million from $126 million in the prior-year quarter.
  • Safety Services segment revenue grew 15.8% to $1.36 billion while Specialty Services grew 13.3% to $629 million.
  • Cash and cash equivalents totaled $432 million at quarter end, supporting ongoing acquisition and operational initiatives.

Headline financials

Total Revenue

$1.99B

Previous: $1.73B+15.0%
EPS (adj)

$0.17

Previous: $0.22-22.7%
Capital Expenditures

-$39M

Previous: -$44M+11.4%
Net Income

$77M

Previous: $69M+11.6%
Operating Income

$143M

Previous: $126M+13.5%
Gross Profit

$615M

Previous: $544M+13.1%
Cash & Equivalents

$432M

Previous: $324M+33.3%

Revenue & EPS history

APi Group · Revenue · Quarterly

$1.99B

Q2 2025+15%vs Q2 2024
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

APi Group · $1.99B total across 2 segments · Q2 2025

  • Safety Services
    $1.36B
  • Specialty Services
    $629M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.4%

Avg return

Earnings day

+1.8%

Avg return

5 days after

+3.9%

Avg return

30 days after

44%

11 / 25 earnings

Positive

+10.7%

Q3 2022

Best reaction

-9.4%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026-6.0%-6.3%-15.7%
Q4 2025-0.4%+0.5%-7.3%
Q3 2025+1.9%+2.8%+14.8%
Q1 2025+6.6%+12.3%+23.4%
Q4 2024-0.3%+4.7%-0.9%
Q3 2024+6.4%+5.7%+13.8%
Q2 2024-9.4%-12.4%-6.2%
Q1 2024-2.3%-0.0%-5.8%
Q4 2023-1.9%+7.5%+9.9%
Q3 2023+7.2%+4.2%+20.5%
Q2 2023-2.7%-1.6%-1.7%
Q1 2023+1.1%-0.8%+5.4%
Q4 2022+1.0%+7.0%-5.1%
Q3 2022+10.7%+12.7%+23.0%
Q2 2022-5.4%-8.5%-16.9%
Q1 2022-8.6%-14.6%-5.7%
Q4 2021-4.1%+6.0%+5.0%
Q3 2021+9.3%+10.6%+6.2%
Q2 2021-2.7%-0.2%-4.0%
Q1 2021-6.7%-6.9%+7.2%
Q4 2020-2.9%+1.5%+11.5%
Q3 2020+2.5%+1.2%+15.9%
Q2 2020-1.7%+3.3%-3.7%
Q1 2020+9.1%+7.6%+7.1%
Q4 2019+9.1%+7.6%+7.1%
Q3 2019
Q2 2019
Q1 2019

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