APi Group SG&A increased by 0.6% to $517M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.9%, from $458M to $517M. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 24.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ1 2026Apr 30, 2026
How to read this metric
Rising SG&A relative to revenue may indicate scaling investments or potential inefficiencies in administrative overhead.
Detailed definition
SG&A expenses represent the costs not directly tied to the production of goods, including salaries, marketing, rent, and...
Peer comparison
Often compared as a percentage of revenue to assess administrative leverage against industry peers.
Metric ID:
selling_general_and_administrativeHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $185M | $211M | $224M | $383M | $376M | $379M | $414M | $352M | $389M | $407M | $433M | $392M | $418M | $425M | $459M | $458M | $472M | $489M | $514M | $517M |
| QoQ Change | — | +14.1% | +6.2% | +71.0% | -1.8% | +0.8% | +9.2% | -15.0% | +10.5% | +4.6% | +6.4% | -9.5% | +6.6% | +1.7% | +8.0% | -0.2% | +3.1% | +3.6% | +5.1% | +0.6% |
| YoY Change | — | — | — | — | +103.2% | +79.6% | +84.8% | -8.1% | +3.5% | +7.4% | +4.6% | +11.4% | +7.5% | +4.4% | +6.0% | +16.8% | +12.9% | +15.1% | +12.0% | +12.9% |
Range$185M – $517M
CAGR+24.2%
Avg YoY Growth+23.4%
Median YoY Growth+11.7%
Current Streak4 quarters growth
SG&A at Other Companies
Frequently Asked Questions
- What is APi Group's sg&a?
- APi Group (APG) reported sg&a of $517M in Q1 2026.
- How has APi Group's sg&a changed year-over-year?
- APi Group's sg&a increased by 12.9% year-over-year, from $458M to $517M.
- What is the long-term trend for APi Group's sg&a?
- Over 4 years (2021 to 2025), APi Group's sg&a has grown at a 24.6% compound annual growth rate (CAGR), from $803M to $1.93B.
- What does sg&a mean?
- The overhead costs of running the business, excluding production costs.