Business Segments · Cost of revenues
Specialty Services — Cost of revenues
APi Group Specialty Services — Cost of revenues decreased by 13.6% to $476.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 26.3%, from $377.00M to $476.00M. Over 3 years (FY 2022 to FY 2025), Specialty Services — Cost of revenues shows an upward trend with a 5.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026Apr 30, 2026
Rolls up toTotal Cost of Revenue
How to read this metric
A rising ratio of cost to revenue suggests margin compression, while a falling ratio indicates improved operational efficiency.
Detailed definition
Includes all direct costs attributable to the production and delivery of services within the Specialty Services segment....
Peer comparison
Standard cost of goods sold (COGS) equivalent for service-oriented business segments.
Metric ID:
apg_segment_specialty_services_cost_of_revenuesHistorical Data
17 periods
| 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 | $425.50M | $425.50M | $425.50M | $425.50M | $516.00M | $516.00M | $516.00M | $516.00M | $397.00M | $435.00M | $490.00M | $468.00M | $377.00M | $516.00M | $550.00M | $551.00M | $476.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +21.3% | +0.0% | +0.0% | +0.0% | -23.1% | +9.6% | +12.6% | -4.5% | -19.4% | +36.9% | +6.6% | +0.2% | -13.6% |
| YoY Change | — | — | — | — | +21.3% | +21.3% | +21.3% | +21.3% | -23.1% | -15.7% | -5.0% | -9.3% | -5.0% | +18.6% | +12.2% | +17.7% | +26.3% |
Range$377.00M – $551.00M
CAGR+2.8%
Avg YoY Growth+7.8%
Median YoY Growth+17.7%
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Frequently Asked Questions
- What is APi Group's specialty services — cost of revenues?
- APi Group (APG) reported specialty services — cost of revenues of $476.00M in Q1 2026.
- How has APi Group's specialty services — cost of revenues changed year-over-year?
- APi Group's specialty services — cost of revenues increased by 26.3% year-over-year, from $377.00M to $476.00M.
- What is the long-term trend for APi Group's specialty services — cost of revenues?
- Over 3 years (2022 to 2025), APi Group's specialty services — cost of revenues has grown at a 5.4% compound annual growth rate (CAGR), from $1.70B to $1.99B.
- What does specialty services — cost of revenues mean?
- The direct costs incurred to provide the services sold by the segment.