APi Group APG Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net revenues by Business | ||||||
| Safety Services | $5.6B+2.7% | $5.46B+2.6% | $5.32B+3.6% | $5.13B+3.8% | $4.95B+3.1% | |
| Specialty Services | $2.58B+4.7% | $2.46B+5.1% | $2.34B+3.1% | $2.27B+3.4% | $2.2B-1.5% | |
| Operating Income (Loss) by Business | ||||||
| Safety Services | $947M+3.4% | $916M+4.3% | $878M+4.4% | $841M+5.3% | $799M+4.4% | |
| Specialty Services | $274M+3.8% | $264M+10.0% | $240M+1.3% | $237M-0.8% | $239M-5.5% | |
| Segment other income/expense by Business | ||||||
| Specialty Services | $13M-7.1% | $14M0.0% | $14M0.0% | $14M+16.7% | $12M+20.0% | |
| Cost of revenues by Business | ||||||
| Safety Services | $3.51B+2.6% | $3.42B+2.1% | $3.35B+3.3% | $3.24B+3.5% | $3.13B+2.8% | |
| Specialty Services | $2.09B+5.0% | $1.99B+4.3% | $1.91B+3.2% | $1.85B+4.6% | $1.77B-1.1% | |
| Foreign currency translation and other, net by Business | ||||||
| Safety Services | $105M-34.4% | $160M+227% | $49M-48.4% | $95M+552% | -$21M+76.7% | |
| Specialty Services | $2M— | $0— | $0— | $0— | $0— | |
| Segment operating expenses by Business | ||||||
| Safety Services | $1.19B+2.4% | $1.16B+2.3% | $1.14B+4.0% | $1.09B+3.6% | $1.05B+3.3% | |
| Specialty Services | $264M+1.9% | $259M+4.4% | $248M+2.9% | $241M-1.2% | $244M+0.8% | |
| Acquisitions by Business | ||||||
| Safety Services | $285M+139% | $119M-33.5% | $179M-11.4% | $202M-59.1% | $494M-3.1% | |
| Specialty Services | $7M0.0% | $7M+75.0% | $4M— | —— | —— | |
| Depreciation by Business | ||||||
| Safety Services | $37M+2.8% | $36M+2.9% | $35M0.0% | $35M+9.4% | $32M+3.2% | |
| Specialty Services | $42M-2.3% | $43M-2.3% | $44M-2.2% | $45M0.0% | $45M-2.2% | |
| Goodwill by Business | ||||||
| Safety Services | $11.82B+3.3% | $11.44B+2.4% | $11.17B+1.5% | $11.01B+2.3% | $10.77B+4.1% | |
| Specialty Services | $954M+1.0% | $945M+0.7% | $938M+6.5% | $881M+6.9% | $824M+6.3% | |
| Net revenues by Product | ||||||
| Corporate and Elimination | $8.17B+3.3% | $7.91B+3.3% | $7.66B+3.5% | $7.4B+3.6% | $7.14B+1.7% | |
| Fabrication and Distribution | $354M+3.5% | $342M-3.9% | $356M+6.3% | $335M+12.0% | $299M+3.1% | |
| Life Safety | $5.6B+2.7% | $5.46B+2.6% | $5.32B+3.6% | $5.13B+3.8% | $4.95B+3.1% | |
| Specialty Contracting | $1.17B+6.5% | $1.09B+10.6% | $989M+4.4% | $947M+3.0% | $919M-2.3% | |
| Net revenues by Geography | ||||||
| France | $710M+2.7% | $691M+3.4% | $668M+2.6% | $651M+2.4% | $636M-0.2% | |
| Other | $2.07B+1.6% | $2.04B-0.1% | $2.04B+1.2% | $2.02B+0.9% | $2B+0.1% | |
| United States | $5.39B+4.1% | $5.18B+4.8% | $4.94B+4.6% | $4.73B+5.0% | $4.5B+2.7% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does APi Group break its business down?
- APi Group (APG) reports net revenues by business across 2 parts — Safety Services and Specialty Services. Each is extracted from the segment footnotes and tracked over time.
- Where does APi Group's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in APi Group's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
