Safety Services — Cost of revenues
APi Group Safety Services — Cost of revenues increased by 0.1% to $888.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.3%, from $798.00M to $888.00M. Over 3 years (FY 2022 to FY 2025), Safety Services — Cost of revenues shows relatively stable performance with a 2.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue suggests margin compression due to rising labor or material costs, while a decrease indicates improved operational efficiency.
Detailed definition
Includes the direct costs associated with delivering safety services, such as labor, materials, equipment, and subcontra...
Peer comparison
Standard cost of goods sold (COGS) equivalent for service-based businesses; comparable to peers in the facility maintenance and safety industry.
apg_segment_safety_services_cost_of_revenuesHistorical Data
| 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $785.75M | $785.75M | $785.75M | $785.75M | $724.50M | $724.50M | $724.50M | $724.50M | $713.00M | $747.00M | $772.00M | $817.00M | $798.00M | $856.00M | $879.00M | $887.00M | $888.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -7.8% | +0.0% | +0.0% | +0.0% | -1.6% | +4.8% | +3.3% | +5.8% | -2.3% | +7.3% | +2.7% | +0.9% | +0.1% |
| YoY Change | — | — | — | — | -7.8% | -7.8% | -7.8% | -7.8% | -1.6% | +3.1% | +6.6% | +12.8% | +11.9% | +14.6% | +13.9% | +8.6% | +11.3% |
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Frequently Asked Questions
- What is APi Group's safety services — cost of revenues?
- APi Group (APG) reported safety services — cost of revenues of $888.00M in Q1 2026.
- How has APi Group's safety services — cost of revenues changed year-over-year?
- APi Group's safety services — cost of revenues increased by 11.3% year-over-year, from $798.00M to $888.00M.
- What is the long-term trend for APi Group's safety services — cost of revenues?
- Over 3 years (2022 to 2025), APi Group's safety services — cost of revenues has grown at a 2.9% compound annual growth rate (CAGR), from $3.14B to $3.42B.
- What does safety services — cost of revenues mean?
- Direct costs incurred to provide safety services to customers.