APi Group Corporation (APG) — Financial statements
Income statement, balance sheet, and cash flow for APi Group Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 7,911↑12.7% | 7,018↑1.3% | 6,928↑5.6% | 6,558↑66.4% | 3,940 | |
| Cost of Revenue | 5,424↑12.1% | 4,840↓3.0% | 4,988↑3.0% | 4,844↑61.4% | 3,001 | |
| Gross Profit | 2,487↑14.2% | 2,178↑12.3% | 1,940↑13.2% | 1,714↑82.5% | 939 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 1,933↑14.1% | 1,694↑7.1% | 1,581↑1.9% | 1,552↑93.3% | 803 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,933↑14.1% | 1,694↑7.1% | 1,581↑1.9% | 1,552↑93.3% | 803 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 1,933↑14.1% | 1,694↑7.1% | 1,581↑1.9% | 1,552↑93.3% | 803 | |
| Total Costs & Expenses | 7,357↑12.6% | 6,534↓0.5% | 6,569↑2.7% | 6,396↑68.1% | 3,804 | |
| Operating Results | ||||||
| Operating Income | 554↑14.5% | 484↑34.8% | 359↑121.6% | 162↑19.1% | 136 | |
| Depreciation & Amortization | 327↑8.3% | 302↓0.3% | 303↓0.3% | 304↑50.5% | 202 | |
| EBITDA | 881↑13.2% | 778↑14.4% | 680↑30.3% | 522↑53.1% | 341 | |
| EBIT | 554↑16.4% | 476↑26.3% | 377↑72.9% | 218↑56.8% | 139 | |
| Interest & Other Income | ||||||
| Net Interest Income | -141↑3.4% | -146↓0.7% | -145↓16.0% | -125↓108.3% | -60 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 141↓3.4% | 146↑0.7% | 145↑16.0% | 125↑108.3% | 60 | |
| Non-Operating Income | 0.00↓100.0% | 8↑144.4% | -18↑67.9% | -56↓1766.7% | -3 | |
| Other Income / Expenses | -141↑8.4% | -154↓21.3% | -127↓84.1% | -69↓21.1% | -57 | |
| Income Before Tax | 413↑25.2% | 330↑42.2% | 232↑149.5% | 93↑17.7% | 79 | |
| Income Tax Expense | 111↑38.8% | 80↑1.3% | 79↑295.0% | 20↓37.5% | 32 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 302↑20.8% | 250↑63.4% | 153↑109.6% | 73↑55.3% | 47 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 302↑20.8% | 250↑63.4% | 153↑109.6% | 73↑55.3% | 47 | |
| Bottom-Line Net Income | -288↓28.6% | -224↓39.1% | -161↓655.2% | 29↑121.2% | -137 | |
| EPS (Basic) | -0.69↓23.2% | -0.56↓21.7% | -0.46↓654.9% | 0.08↑118.8% | -0.44 | |
| EPS (Diluted) | -0.69↓23.2% | -0.56↓21.7% | -0.46↓732.7% | 0.07↑116.5% | -0.44 | |
| Weighted Average Shares | 416↑3.6% | 402↑13.8% | 353↑0.8% | 350↑13.3% | 309 | |
| Weighted Average Diluted Shares | 416↑3.6% | 402↑13.8% | 353↓11.6% | 399↑29.3% | 309 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.