NYSE$APG

APi Group Corporation · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

APi Group reported Q3 2025, revenue of $2.08B, net income of $93M, diluted EPS of $0.20.

For Q3 2025, APi Group reported revenue of $2.08B, net income of $93M, diluted EPS was $0.20. The filing discusses segment trends, liquidity, and management outlook for upcoming periods.

  • Revenue $2.08B.
  • Net income $93M.
  • Diluted EPS $0.20.

Headline financials

Total Revenue

$2.09B

Previous: $1.83B+14.2%
EPS (adj)

$0.20

Previous: $0.23-13.0%
Organic Revenue Growth

9.7%

No prior period
Gross Margin

31.3%

Previous: 31.1%+0.6%
Adjusted Gross Margin

31.5%

Previous: 31.0%+1.6%
Adjusted EBITDA Margin

13.5%

Previous: 13.4%+0.7%
Adj. FCF Conversion

88.3%

Previous: 92.7%-4.7%
Capital Expenditures

-$70M

Previous: -$66M-6.1%
Net Income

$93M

Previous: $69M+34.8%
Operating Income

$163M

Previous: $142M+14.8%
Gross Profit

$652M

Previous: $567M+15.0%

Revenue & EPS history

APi Group · Revenue · Quarterly

$2.09B

Q3 2025+14.2%vs Q3 2024
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

APi Group · $1.79B total across 2 segments · Q3 2023

  • Safety Services
    $1.22B+5.5%
  • Specialty Services
    $569M-3.6%

Forward guidance

The release discusses APi Group's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.

Tailwinds

  • APi Group cites demand and execution supporting the near-term outlook.
  • Liquidity and balance-sheet capacity support operations and shareholder returns.

Headwinds

  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability versus prior periods.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+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
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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