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APi Group APG Specialty Services — Depreciation

Other segment segments

Safety Services
$9M+12.5%

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Other financials

Income statement

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Revenue$2.0B+15.3%
Gross profit$620.0M+14.4%
Operating income$103.0M+22.6%
Net income$57.0M+62.9%
EPS (diluted)$0.12+71.4%

Balance sheet

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Cash & equivalents$645.0M+39.9%
Total debt$2.8B+0.2%
Total equity$3.5B+16.9%
Total assets$9.0B+10.7%

Cash flow

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Operating cash flow$85.0M+37.1%
CapEx$18.0M+50.0%
Free cash flow$67.0M+34.0%

Valuation

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Market cap$17.14B+19.1%
Enterprise value$19.25B+15.2%
P/E52.9×-5.1×
P/S2.1×+0.2×

Profitability

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Gross margin31.4%+0.2pp
Operating margin7%+0.5pp
Net margin4%+0.6pp
FCF margin8.3%-0.1pp

Returns & leverage

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Return on equity10%+0.9pp
Debt / equity0.8×-0.1×
Current ratio1.4×0.0×

Where this comes from

Reported directly by APi Group in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The official record: APi Group’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is APi Group's specialty services — depreciation?
APi Group (APG) reported specialty services — depreciation of $10M in Q1 2026.
How has APi Group's specialty services — depreciation changed year-over-year?
APi Group's specialty services — depreciation decreased by 9.1% year-over-year, from $11M to $10M.
What is the long-term trend for APi Group's specialty services — depreciation?
Over 3 years (2022 to 2025), APi Group's specialty services — depreciation has grown at a -2.2% compound annual growth rate (CAGR), from $46M to $43M.
What does specialty services — depreciation mean?
The systematic allocation of the cost of tangible assets used by the Specialty Services segment over their useful lives. It reflects the wear and tear of equipment and infrastructure necessary to deliver services.