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Income Before Tax

Pre-Tax Income

APi Group Pre-Tax Income decreased by 45.0% to $71M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 54.3%, from $46M to $71M. Over 4 years (FY 2021 to FY 2025), Pre-Tax Income shows an upward trend with a 51.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase reflects stronger overall business performance and financial health.

Detailed definition

Income before income taxes represents the company's total earnings after all operating and non-operating expenses have b...

Peer comparison

Useful for comparing profitability across companies in different tax jurisdictions.

Metric ID: income_before_tax

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$30M$30M$33M-$23M$44M$46M$26M$38M$75M$74M$45M$63M$89M$100M$78M$46M$108M$130M$129M$71M
QoQ Change+0.0%+10.0%-169.7%+291.3%+4.5%-43.5%+46.2%+97.4%-1.3%-39.2%+40.0%+41.3%+12.4%-22.0%-41.0%+134.8%+20.4%-0.8%-45.0%
YoY Change+46.7%+53.3%-21.2%+265.2%+70.5%+60.9%+73.1%+65.8%+18.7%+35.1%+73.3%-27.0%+21.3%+30.0%+65.4%+54.3%
Range-$23M$130M
CAGR+19.9%
Avg YoY Growth+55.3%
Median YoY Growth+53.8%
Current Streak2 quarters decline

Frequently Asked Questions

What is APi Group's pre-tax income?
APi Group (APG) reported pre-tax income of $71M in Q1 2026.
How has APi Group's pre-tax income changed year-over-year?
APi Group's pre-tax income increased by 54.3% year-over-year, from $46M to $71M.
What is the long-term trend for APi Group's pre-tax income?
Over 4 years (2021 to 2025), APi Group's pre-tax income has grown at a 51.2% compound annual growth rate (CAGR), from $79M to $413M.
What does pre-tax income mean?
Profit before accounting for tax obligations.