Discontinued — last reported Q3 '25
Infrastructure/Utility — Net revenues
APi Group Infrastructure/Utility — Net revenues increased by 13.7% to $291M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.8%, from $283M to $291M. Over 3 years (FY 2021 to FY 2024), Infrastructure/Utility — Net revenues shows relatively stable performance with a -2.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests successful project execution, expansion of service contracts, or higher demand for utility infrastructure maintenance, while a decrease may indicate project delays, contract completions, or reduced capital spending by utility clients.
Detailed definition
This metric represents the total gross revenue generated by the Infrastructure and Utility segment, which focuses on spe...
Peer comparison
Peers in the industrial services and infrastructure construction sector typically report this as segment-level revenue, often benchmarked against backlog growth and book-to-bill ratios.
apg_segment_infrastructure_utility_net_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $264.5M | $264.5M | $264.5M | $288.5M | $288.5M | $288.5M | $288.5M | $240M | $307M | $360M | $317M | $205M | $246M | $283M | $263M | $185M | $256M | $291M |
| QoQ Change | — | +0.0% | +0.0% | +9.1% | +0.0% | +0.0% | +0.0% | -16.8% | +27.9% | +17.3% | -11.9% | -35.3% | +20.0% | +15.0% | -7.1% | -29.7% | +38.4% | +13.7% |
| YoY Change | — | — | — | — | +9.1% | +9.1% | +9.1% | -16.8% | +6.4% | +24.8% | +9.9% | -14.6% | -19.9% | -21.4% | -17.0% | -9.8% | +4.1% | +2.8% |
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Frequently Asked Questions
- What is APi Group's infrastructure/utility — net revenues?
- APi Group (APG) reported infrastructure/utility — net revenues of $291M in Q3 2025.
- How has APi Group's infrastructure/utility — net revenues changed year-over-year?
- APi Group's infrastructure/utility — net revenues increased by 2.8% year-over-year, from $283M to $291M.
- What is the long-term trend for APi Group's infrastructure/utility — net revenues?
- Over 3 years (2021 to 2024), APi Group's infrastructure/utility — net revenues has grown at a -2.0% compound annual growth rate (CAGR), from $1.06B to $997M.
- What does infrastructure/utility — net revenues mean?
- The total sales generated by the company's infrastructure and utility services division.