APi Group (APG) Revenue & Revenue Breakdown

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APi Group Revenue Highlights

Latest Revenue (Y)

$7.02B

Latest Revenue (Q)

$1.99B

Main Segment (Y)

Corporate and Elimination

Main Geography (Y)

Americas

APi Group Revenue by Period

APi Group Revenue by Year

Date	Revenue	Change
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 $7.02B in revenue during NA 2024, up 1.30% compared to the previous quarter, and up 712.49% compared to the same period a year ago.

APi Group Revenue by Quarter

Date	Revenue	Change
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 $1.99B in revenue during Q2 2025, up 15.76% compared to the previous quarter, and up 124.30% 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 24	Dec 22	Dec 21	Dec 20
Corporate and Elimination	$7.02B	-	-	-
Infrastructure Utility	$997.00M	$1.15B	$791.00M	$809.00M
Life Safety	$4.74B	$4.03B	$1.64B	$1.32B
Specialty Contracting	$571.00M	$623.00M	$614.00M	$413.00M
Fabrication	$230.00M	$253.00M	$248.00M	$179.00M
Heating Ventilation And Air Conditioning	$485.00M	$550.00M	$437.00M	-
Specialty Services	-	$2.03B	$1.65B	$1.40B
Safety Services	-	$4.58B	$2.08B	$1.64B
Corporate And Eliminations	-	$-47.00M	-	-
Civil	-	-	$72.00M	$67.00M
Transmission	-	-	$205.00M	$409.00M
Industrial Services	-	-	$277.00M	$563.00M
Inspection	-	-	-	$87.00M
Mechanical	-	-	-	$322.00M

APi Group's latest annual revenue breakdown by segment (product or service), as of Dec 24: Corporate and Elimination (49.98%), Life Safety (33.77%), Infrastructure Utility (7.10%), Specialty Contracting (4.07%), Heating Ventilation And Air Conditioning (3.45%), and Fabrication (1.64%).

Quarterly Revenue by Product

Product/Service	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	Sep 20	Jun 20	Mar 20
Corporate and Elimination	$1.99B	$1.72B	$-2.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Infrastructure Utility	$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	$230.00M	$215.00M	$170.00M	-
Life Safety	$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	$322.00M	$298.00M	$343.00M	-
Specialty Contracting	$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	$112.00M	$101.00M	$92.00M	-
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	$58.00M	$33.00M	$38.00M	-
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	$400.00M	$349.00M	$300.00M
Safety Services	-	-	-	-	-	-	$1.22B	$1.23B	$1.19B	$1.20B	$1.15B	$1.15B	$1.07B	$569.00M	$533.00M	$512.00M	$466.00M	$404.00M	$371.00M	$424.00M
Corporate And Eliminations	-	-	-	-	-	-	-	-	-	$-8.00M	-	-	-	-	-	-	-	-	-	-
Mechanical	-	-	-	-	-	-	-	-	-	-	-	$139.00M	$123.00M	$82.00M	$73.00M	$81.00M	-	-	-	-
Industrial Services	-	-	-	-	-	-	-	-	-	-	-	-	-	$81.00M	$103.00M	$68.00M	$25.00M	$158.00M	$173.00M	$137.00M
Civil	-	-	-	-	-	-	-	-	-	-	-	-	-	$17.00M	$35.00M	$17.00M	$3.00M	$25.00M	$18.00M	$7.00M
Transmission	-	-	-	-	-	-	-	-	-	-	-	-	-	$64.00M	$68.00M	$51.00M	$22.00M	$127.00M	$116.00M	$93.00M
Inspection	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$6.00M	$39.00M	$37.00M

APi Group's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Corporate and Elimination (51.26%), Life Safety (35.09%), Specialty Contracting (7.06%), and Infrastructure Utility (6.59%).

APi Group Revenue Breakdown by Country

Annual Revenue by Country

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

APi Group's latest annual revenue breakdown by geography, as of Dec 24: Americas (62.45%), Other Countries (28.47%), and FRANCE (9.08%).

Quarterly Revenue by Country

Country	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	Sep 20	Jun 20	Mar 20
FRANCE	$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	-	-	-	-	-	-	-
Other Countries	$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	-	-	-	-	-	-	-
Americas	$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	$901.00M	$852.00M	$300.00M	-	-	-
UNITED STATES	-	-	-	$1.18B	$1.07B	$1.15B	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Canada And Europe	-	-	-	-	-	-	-	-	-	-	-	-	-	$101.00M	$92.00M	$99.00M	$87.00M	-	-	-
Canada And United Kingdom	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$57.00M	$37.00M	$48.00M

APi Group's latest quarterly revenue breakdown by geography, as of Jun 25: Americas (65.43%), Other Countries (25.93%), and FRANCE (8.64%).

APi Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
BLDR	Builders FirstSource	$16.40B	$4.23B
ACM	Aecom	$16.11B	$4.18B
TXT	Textron	$13.70B	$3.60B
MTZ	MasTec	$12.30B	$3.54B
MAS	Masco	$7.83B	$2.05B
APG	APi Group	$7.02B	$1.99B
STN	Stantec	$6.48B	$1.72B
BLD	TopBuild	$5.33B	$1.30B
CSL	Carlisle Companies	$5.00B	$1.45B
ALLE	Allegion	$3.77B	$1.07B
WWD	Woodward	$3.32B	$915.45M

APG Revenue FAQ

What is APi Group’s yearly revenue?

APi Group's yearly revenue for 2024 was $7.02B, representing an increase of 1.30% compared to 2023. The company's yearly revenue for 2023 was $6.93B, representing an increase of 5.64% compared to 2022. APG's yearly revenue for 2022 was $6.56B, representing an increase of 66.45% compared to 2021.

What is APi Group’s quarterly revenue?

APi Group's quarterly revenue for Q2 2025 was $1.99B, a 15.76% increase from the previous quarter (Q1 2025), and a 15.03% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $1.72B, a -7.63% decrease from the previous quarter (Q4 2024), and a 7.37% increase year-over-year (Q1 2024). APG's quarterly revenue for Q4 2024 was $1.86B, a 1.92% increase from the previous quarter (Q3 2024), and a 5.80% increase year-over-year (Q4 2023).

What is APi Group’s revenue growth rate?

APi Group's revenue growth rate for the last 3 years (2022-2024) was 7.01%, and for the last 5 years (2020-2024) was 95.65%.

What are APi Group’s revenue streams?

APi Group's revenue streams in c 24 are Corporate and Elimination, Infrastructure Utility, Life Safety, Specialty Contracting, Fabrication, and Heating Ventilation And Air Conditioning. Corporate and Elimination generated $7.02B in revenue, accounting 49.98% of the company's total revenue Infrastructure Utility generated $997M in revenue, accounting 7.10% of the company's total revenue, down -13.60% year-over-year. Life Safety generated $4.74B in revenue, accounting 33.77% of the company's total revenue, up 17.81% year-over-year. Specialty Contracting generated $571M in revenue, accounting 4.07% of the company's total revenue, down -8.35% year-over-year. Fabrication generated $230M in revenue, accounting 1.64% of the company's total revenue, down -9.09% year-over-year. Heating Ventilation And Air Conditioning generated $485M in revenue, accounting 3.45% of the company's total revenue, down -11.82% year-over-year.

What is APi Group’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of APi Group was Corporate and Elimination. This segment made a revenue of $7.02B, representing 49.98% of the company's total revenue.