APi Group Safety Services — Segment operating expenses increased by 3.4% to $306.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.1%, from $278.00M to $306.00M. Over 3 years (FY 2022 to FY 2025), Safety Services — Segment operating expenses shows an upward trend with a 8.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising expenses relative to revenue may indicate scaling issues or inefficiency, whereas stable or declining expenses suggest effective cost management.
Represents the indirect costs required to support the safety services segment, including administrative overhead, sales...
Standard SG&A equivalent for a business segment; comparable to peers with similar operational structures.
apg_segment_safety_services_segment_operating_expenses| 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 | $224.75M | $224.75M | $224.75M | $224.75M | $232.50M | $232.50M | $232.50M | $232.50M | $244.00M | $247.00M | $258.00M | $270.00M | $278.00M | $285.00M | $302.00M | $296.00M | $306.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +3.4% | +0.0% | +0.0% | +0.0% | +4.9% | +1.2% | +4.5% | +4.7% | +3.0% | +2.5% | +6.0% | -2.0% | +3.4% |
| YoY Change | — | — | — | — | +3.4% | +3.4% | +3.4% | +3.4% | +4.9% | +6.2% | +11.0% | +16.1% | +13.9% | +15.4% | +17.1% | +9.6% | +10.1% |