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+13.3% | $5.46B+13.7% | $5.32B+23.7% | $5.13B+19.3% | $4.95B+13.7% | |
| Specialty Services | $2.58B+17.3% | $2.46B+10.4% | $2.34B-10.5% | $2.27B-11.8% | $2.2B-14.7% | |
| Operating Income (Loss) by Business | ||||||
| Safety Services | $947M+18.5% | $916M+19.7% | $878M-1.0% | $841M+7.0% | $799M+15.1% | |
| Specialty Services | $274M+14.6% | $264M+4.3% | $240M-38.1% | $237M-32.9% | $239M-25.5% | |
| Segment other income/expense by Business | ||||||
| Specialty Services | $13M+8.3% | $14M+40.0% | $14M+47.4% | $14M+40.0% | $12M+26.3% | |
| Cost of revenues by Business | ||||||
| Safety Services | $3.51B+12.0% | $3.42B+12.2% | $3.35B+13.3% | $3.24B+11.5% | $3.13B+8.6% | |
| Specialty Services | $2.09B+18.2% | $1.99B+11.4% | $1.91B+4.0% | $1.85B-0.7% | $1.77B-9.0% | |
| Foreign currency translation and other, net by Business | ||||||
| Safety Services | $105M+600% | $160M+278% | $49M-31.0% | $95M+600% | -$21M-450% | |
| Specialty Services | $2M— | $0— | $0— | $0— | $0— | |
| Segment operating expenses by Business | ||||||
| Safety Services | $1.19B+12.9% | $1.16B+13.9% | $1.14B+15.6% | $1.09B+14.1% | $1.05B+11.8% | |
| Specialty Services | $264M+8.2% | $259M+7.0% | $248M+4.1% | $241M+0.6% | $244M+2.6% | |
| Acquisitions by Business | ||||||
| Safety Services | $285M-42.3% | $119M-76.7% | $179M-60.6% | $202M-49.8% | $494M+767% | |
| Specialty Services | $7M— | $7M— | $4M— | —— | —— | |
| Depreciation by Business | ||||||
| Safety Services | $37M+15.6% | $36M+16.1% | $35M+19.7% | $35M+32.1% | $32M+24.3% | |
| Specialty Services | $42M-6.7% | $43M-6.5% | $44M-7.9% | $45M-7.2% | $45M-10.4% | |
| Goodwill by Business | ||||||
| Safety Services | $11.82B+9.7% | $11.44B+10.6% | $11.17B+12.6% | $11.01B+17.1% | $10.77B+19.4% | |
| Specialty Services | $954M+15.8% | $945M+21.9% | $938M+21.5% | $881M+14.4% | $824M+6.7% | |
| Net revenues by Product | ||||||
| Corporate and Elimination | $8.17B+14.5% | $7.91B+12.7% | $7.66B-36.8% | $7.4B-28.0% | $7.14B-16.4% | |
| Fabrication and Distribution | $354M+18.4% | $342M+17.9% | $356M+31.1% | $335M+31.4% | $299M+16.1% | |
| Life Safety | $5.6B+13.3% | $5.46B+13.7% | $5.32B+13.6% | $5.13B+12.8% | $4.95B+10.6% | |
| Specialty Contracting | $1.17B+26.8% | $1.09B+16.3% | $989M-21.6% | $947M-19.8% | $919M-18.3% | |
| Net revenues by Geography | ||||||
| France | $710M+11.6% | $691M+8.5% | $668M+5.5% | $651M+5.0% | $636M+3.8% | |
| Other | $2.07B+3.6% | $2.04B+2.1% | $2.04B+3.5% | $2.02B+2.3% | $2B+1.4% | |
| United States | $5.39B+19.8% | $5.18B+18.2% | $4.94B+14.7% | $4.73B+10.4% | $4.5B+3.9% |
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.
