APi Group (APG) Revenue & Revenue Breakdown

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APi Group Revenue Highlights

Latest Revenue (Y)

$7.91B

Latest Revenue (Q)

$2.08B

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
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 $2.08B in revenue during Q3 2025, up 4.77% compared to the previous quarter, and up 120.52% 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
Life Safety	$5.46B	$4.74B	$4.03B	$1.64B	$1.32B
Specialty Contracting	$1.09B	$571.00M	$623.00M	$614.00M	$413.00M
Fabrication	-	$230.00M	$253.00M	$248.00M	$179.00M
Infrastructure Utility	-	$997.00M	$1.15B	$791.00M	$809.00M
Heating Ventilation And Air Conditioning	-	$485.00M	$550.00M	$437.00M	-
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
Inspection	-	-	-	-	$87.00M
Mechanical	-	-	-	-	$322.00M

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	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	Sep 20
Specialty Contracting	$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	$112.00M	-
Life Safety	$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	$322.00M	-
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	$230.00M	-
Corporate and Elimination	-	-	$1.99B	$1.72B	$-2.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	-	-	-	-
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	-
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
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
Corporate And Eliminations	-	-	-	-	-	-	-	-	-	-	-	$-8.00M	-	-	-	-	-	-	-	-
Mechanical	-	-	-	-	-	-	-	-	-	-	-	-	-	$139.00M	$123.00M	$82.00M	-	-	-	-
Civil	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$17.00M	$35.00M	$17.00M	$3.00M	$25.00M
Transmission	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$64.00M	$68.00M	$51.00M	$22.00M	$127.00M
Industrial Services	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$81.00M	$103.00M	$68.00M	$25.00M	$158.00M
Inspection	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$6.00M

APi Group's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Life Safety (81.05%), and Specialty Contracting (18.95%).

APi Group Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 22	Dec 21	Dec 20
Americas	$5.18B	$4.38B	$1.96B	$3.56B	$3.35B
FRANCE	$691.00M	$637.00M	$564.00M	-	-
Other Countries	$2.04B	$2.00B	$69.00M	-	-
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	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	Sep 20
FRANCE	$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	$1.40B	$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	$901.00M	-	-	-
Other Countries	$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	-
Canada And United Kingdom	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$57.00M

APi Group's latest quarterly revenue breakdown by geography, as of Dec 25: Americas (66.23%), Other Countries (24.89%), and FRANCE (8.88%).

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	$3.83B
MTZ	MasTec	$14.30B	$3.97B
APG	APi Group	$7.91B	$2.08B
WSO	Watsco	$7.24B	$2.07B
STN	Stantec	$6.48B	$1.72B
BLD	TopBuild	$5.41B	$1.39B
CSL	Carlisle Companies	$5.02B	$1.35B
ALLE	Allegion	$4.07B	$1.07B
WWD	Woodward	$3.57B	$996.45M
STRL	Sterling Infrastructure	$2.49B	$689.02M

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 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). The company'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). APG'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).

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