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Business Segments · Operating Income (Loss)

Safety Services — Operating Income (Loss)

APi Group Safety Services — Operating Income (Loss) decreased by 7.6% to $230M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.6%, from $199M to $230M. Over 4 years (FY 2021 to FY 2025), Safety Services — Operating Income (Loss) shows an upward trend with a 45.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026Apr 30, 2026
Rolls up toOperating Income

How to read this metric

Higher operating income indicates strong operational performance and effective cost control, while a loss signals operational challenges or market headwinds.

Detailed definition

Measures the profitability of the safety services segment after accounting for both direct costs and operating expenses....

Peer comparison

Standard segment profitability metric; highly comparable across all industrial and service-oriented peers.

Metric ID: apg_segment_safety_services_operating_income_loss

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$52M$56M$54M$63M$63M$60M$373M$96M$98M$98M$333M$165M$190M$199M$211M$199M$232M$236M$249M$230M
QoQ Change+7.7%-3.6%+16.7%+0.0%-4.8%+521.7%-74.3%+2.1%+0.0%+239.8%-50.5%+15.2%+4.7%+6.0%-5.7%+16.6%+1.7%+5.5%-7.6%
YoY Change+21.2%+7.1%+590.7%+52.4%+55.6%+63.3%-10.7%+71.9%+93.9%+103.1%-36.6%+20.6%+22.1%+18.6%+18.0%+15.6%
Range$52M$373M
CAGR+36.8%
Avg YoY Growth+69.2%
Median YoY Growth+21.6%

Frequently Asked Questions

What is APi Group's safety services — operating income (loss)?
APi Group (APG) reported safety services — operating income (loss) of $230M in Q1 2026.
How has APi Group's safety services — operating income (loss) changed year-over-year?
APi Group's safety services — operating income (loss) increased by 15.6% year-over-year, from $199M to $230M.
What is the long-term trend for APi Group's safety services — operating income (loss)?
Over 4 years (2021 to 2025), APi Group's safety services — operating income (loss) has grown at a 45.0% compound annual growth rate (CAGR), from $207M to $916M.
What does safety services — operating income (loss) mean?
The profit earned from core safety services operations before interest and taxes.