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Operating Income

Gross Profit

APi Group Gross Profit decreased by 8.6% to $620M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.4%, from $542M to $620M. Over 4 years (FY 2021 to FY 2025), Gross Profit shows an upward trend with a 27.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2018
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Higher gross profit indicates better pricing power or more efficient production processes.

Detailed definition

Gross profit is the residual profit after subtracting the cost of revenue from total net revenue. It serves as a primary...

Peer comparison

Used to compare core product profitability across competitors in the same sector.

Metric ID: gross_profit

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$232M$252M$274M$376M$435M$440M$463M$425M$496M$511M$508M$492M$544M$567M$575M$542M$615M$652M$678M$620M
QoQ Change+8.6%+8.7%+37.2%+15.7%+1.1%+5.2%-8.2%+16.7%+3.0%-0.6%-3.1%+10.6%+4.2%+1.4%-5.7%+13.5%+6.0%+4.0%-8.6%
YoY Change+87.5%+74.6%+69.0%+13.0%+14.0%+16.1%+9.7%+15.8%+9.7%+11.0%+13.2%+10.2%+13.1%+15.0%+17.9%+14.4%
Range$232M$678M
CAGR+23.0%
Avg YoY Growth+25.3%
Median YoY Growth+14.2%

Frequently Asked Questions

What is APi Group's gross profit?
APi Group (APG) reported gross profit of $620M in Q1 2026.
How has APi Group's gross profit changed year-over-year?
APi Group's gross profit increased by 14.4% year-over-year, from $542M to $620M.
What is the long-term trend for APi Group's gross profit?
Over 4 years (2021 to 2025), APi Group's gross profit has grown at a 27.6% compound annual growth rate (CAGR), from $939M to $2.49B.
What does gross profit mean?
The profit remaining after paying for the direct costs of producing goods or services.