APi Group (APG) Revenue & Revenue Breakdown

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APi Group Revenue Highlights

Latest Revenue (Y)

$7.91B

Latest Revenue (Q)

$1.98B

Main Segment (Y)

Life Safety

Main Geography (Y)

Americas

APi Group Revenue by Period

APi Group Revenue by Year

Date	Revenue	Change
2025-12-31	$7.91B	12.72%
2024-12-31	$7.02B	1.30%
2023-12-31	$6.93B	5.64%
2022-12-31	$6.56B	66.45%
2021-12-31	$3.94B	9.84%
2020-12-31	$3.59B	264.16%
2019-12-31	$985.00M	-73.58%
2018-12-31	$3.73B	22.39%
2017-12-31	$3.05B	-

APi Group generated $7.91B in revenue during NA 2025, up 12.72% compared to the previous quarter, and up 220.55% compared to the same period a year ago.

APi Group Revenue by Quarter

Date	Revenue	Change
2026-03-31	$1.98B	-6.38%
2025-12-31	$2.12B	1.53%
2025-09-30	$2.08B	4.77%
2025-06-30	$1.99B	15.76%
2025-03-31	$1.72B	-7.63%
2024-12-31	$1.86B	1.92%
2024-09-30	$1.83B	5.55%
2024-06-30	$1.73B	8.06%
2024-03-31	$1.60B	-8.98%
2023-12-31	$1.76B	-1.40%
2023-09-30	$1.78B	0.73%
2023-06-30	$1.77B	9.73%
2023-03-31	$1.61B	-5.23%
2022-12-31	$1.70B	-1.84%
2022-09-30	$1.74B	5.22%
2022-06-30	$1.65B	12.10%
2022-03-31	$1.47B	32.28%
2021-12-31	$1.11B	6.21%
2021-09-30	$1.05B	7.06%
2021-06-30	$978.00M	21.79%
2021-03-31	$803.00M	-8.96%
2020-12-31	$882.00M	-7.93%
2020-09-30	$958.00M	7.76%
2020-06-30	$889.00M	3.61%
2020-03-31	$858.00M	-12.89%
2019-12-31	$985.00M	-11.54%
2019-09-30	$1.11B	4.36%
2019-06-30	$1.07B	15.73%
2019-03-31	$922.00M	-19.55%
2001-06-30	$1.15B	-

APi Group generated $1.98B in revenue during Q1 2026, up -6.38% compared to the previous quarter, and up 106.50% compared to the same period a year ago.

APi Group Revenue Breakdown

APi Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 22	Dec 21	Dec 20
Specialty Contracting	$1.09B	$571.00M	$623.00M	$614.00M	$413.00M
Life Safety	$5.46B	$4.74B	$4.03B	$1.64B	$1.32B
Infrastructure Utility	-	$997.00M	$1.15B	$791.00M	$809.00M
Heating Ventilation And Air Conditioning	-	$485.00M	$550.00M	$437.00M	-
Fabrication	-	$230.00M	$253.00M	$248.00M	$179.00M
Corporate and Elimination	-	$7.02B	-	-	-
Safety Services	-	-	$4.58B	$2.08B	$1.64B
Specialty Services	-	-	$2.03B	$1.65B	$1.40B
Corporate And Eliminations	-	-	$-47.00M	-	-
Civil	-	-	-	$72.00M	$67.00M
Transmission	-	-	-	$205.00M	$409.00M
Industrial Services	-	-	-	$277.00M	$563.00M
Mechanical	-	-	-	-	$322.00M
Inspection	-	-	-	-	$87.00M

APi Group's latest annual revenue breakdown by segment (product or service), as of Dec 25: Life Safety (83.30%), and Specialty Contracting (16.70%).

Quarterly Revenue by Product

Product/Service	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
Life Safety	$1.42B	$1.42B	$1.40B	$1.36B	$1.27B	$1.27B	$1.20B	$1.16B	$1.10B	$1.10B	$1.07B	$1.06B	$1.01B	$1.01B	$951.00M	$444.00M	$428.00M	$403.00M	$368.00M	-
Specialty Contracting	$269.00M	$333.00M	$289.00M	$274.00M	$198.00M	$130.00M	$147.00M	$160.00M	$134.00M	$190.00M	$135.00M	$146.00M	$162.00M	$99.00M	$216.00M	$189.00M	$171.00M	$155.00M	$99.00M	-
Infrastructure Utility	-	-	$291.00M	$256.00M	$185.00M	$263.00M	$283.00M	$246.00M	$205.00M	$307.00M	$240.00M	$305.00M	$341.00M	$366.00M	$142.00M	$230.00M	$220.00M	$201.00M	$140.00M	-
Corporate and Elimination	-	-	-	$1.99B	$1.72B	$-2.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fabrication	-	-	-	-	-	$70.00M	$63.00M	$47.00M	$50.00M	$58.00M	$55.00M	$59.00M	$87.00M	$53.00M	$54.00M	$62.00M	$45.00M	$59.00M	$82.00M	-
Heating Ventilation And Air Conditioning	-	-	-	-	-	$127.00M	$132.00M	$115.00M	$111.00M	$127.00M	$123.00M	$142.00M	$146.00M	$125.00M	$105.00M	$109.00M	$98.00M	-	-	-
Specialty Services	-	-	-	-	-	-	-	-	-	$569.00M	$555.00M	$430.00M	$510.00M	$590.00M	$518.00M	$412.00M	$481.00M	$436.00M	$415.00M	$321.00M
Safety Services	-	-	-	-	-	-	-	-	-	$1.22B	$1.23B	$1.19B	$1.20B	$1.15B	$1.15B	$1.07B	$569.00M	$533.00M	$512.00M	$466.00M
Corporate And Eliminations	-	-	-	-	-	-	-	-	-	-	-	-	$-8.00M	-	-	-	-	-	-	-
Mechanical	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$139.00M	$123.00M	-	-	-	-
Industrial Services	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$81.00M	$103.00M	$68.00M	$25.00M
Transmission	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$64.00M	$68.00M	$51.00M	$22.00M
Civil	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$17.00M	$35.00M	$17.00M	$3.00M

APi Group's latest quarterly revenue breakdown by segment (product or service), as of Mar 26: Life Safety (84.03%), and Specialty Contracting (15.97%).

APi Group Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 22	Dec 21	Dec 20
Other Countries	$2.04B	$2.00B	$69.00M	-	-
Americas	$5.18B	$4.38B	$1.96B	$3.56B	$3.35B
FRANCE	$691.00M	$637.00M	$564.00M	-	-
Canada And Europe	-	-	-	$379.00M	$240.00M

APi Group's latest annual revenue breakdown by geography, as of Dec 25: Americas (65.48%), Other Countries (25.79%), and FRANCE (8.73%).

Quarterly Revenue by Country

Country	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
FRANCE	$180.00M	$188.00M	$170.00M	$172.00M	$161.00M	$165.00M	$153.00M	$157.00M	$162.00M	$140.00M	$150.00M	$156.00M	$147.00M	$125.00M	$144.00M	$148.00M	-	-	-	-
Americas	$1.29B	$1.40B	$1.40B	$1.30B	$1.08B	$3.42B	$963.00M	$549.00M	$417.00M	$480.00M	$565.00M	$507.00M	$409.00M	$1.01B	$955.00M	$879.00M	$716.00M	-	-	-
Other Countries	$511.00M	$527.00M	$518.00M	$516.00M	$479.00M	$530.00M	$493.00M	$499.00M	$476.00M	$492.00M	$6.00M	$13.00M	$30.00M	$25.00M	$11.00M	$452.00M	-	-	-	-
UNITED STATES	-	-	-	-	-	-	$1.18B	$1.07B	$1.15B	-	-	-	-	-	-	-	-	-	-	-
Canada And Europe	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$101.00M	$92.00M	$99.00M	$87.00M

APi Group's latest quarterly revenue breakdown by geography, as of Mar 26: Americas (65.14%), Other Countries (25.78%), and FRANCE (9.08%).

APi Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
ZTO	ZTO Express	$38.42B	$9.96B
ACM	Aecom	$16.14B	$3.80B
MTZ	MasTec	$14.30B	$3.83B
APG	APi Group	$7.91B	$1.98B
WSO	Watsco	$7.24B	$1.53B
STN	Stantec	$6.48B	$1.72B
BLD	TopBuild	$5.41B	$1.45B
CSL	Carlisle Companies	$5.02B	$1.05B
ALLE	Allegion	$4.07B	$1.03B
WWD	Woodward	$3.57B	$1.09B
STRL	Sterling Infrastructure	$2.49B	$825.67M

APG Revenue FAQ

What is APi Group’s yearly revenue?

APi Group's yearly revenue for 2025 was $7.91B, representing an increase of 12.72% compared to 2024. The company's yearly revenue for 2024 was $7.02B, representing an increase of 1.30% compared to 2023. APG's yearly revenue for 2023 was $6.93B, representing an increase of 5.64% compared to 2022.

What is APi Group’s quarterly revenue?

APi Group's quarterly revenue for Q1 2026 was $1.98B, a -6.38% decrease from the previous quarter (Q4 2025), and a 15.30% increase year-over-year (Q1 2025). The company's quarterly revenue for Q4 2025 was $2.12B, a 1.53% increase from the previous quarter (Q3 2025), and a 13.76% increase year-over-year (Q4 2024). APG's quarterly revenue for Q3 2025 was $2.08B, a 4.77% increase from the previous quarter (Q2 2025), and a 14.18% increase year-over-year (Q3 2024).

What is APi Group’s revenue growth rate?

APi Group's revenue growth rate for the last 3 years (2023-2025) was 14.19%, and for the last 5 years (2021-2025) was 100.79%.

What are APi Group’s revenue streams?

APi Group's revenue streams in c 25 are Specialty Contracting, and Life Safety. Specialty Contracting generated $1.09B in revenue, accounting 16.70% of the company's total revenue, up 91.59% year-over-year. Life Safety generated $5.46B in revenue, accounting 83.30% of the company's total revenue, up 15.06% year-over-year.

What is APi Group’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of APi Group was Life Safety. This segment made a revenue of $5.46B, representing 83.30% of the company's total revenue.