Total Revenue
APi Group Total Revenue decreased by 6.4% to $1.98B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.3%, from $1.72B to $1.98B. Over 4 years (FY 2021 to FY 2025), Total Revenue shows an upward trend with a 19.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates market expansion or higher demand, while a decrease may signal loss of market share or pricing pressure.
Detailed definition
Total revenue represents the gross inflow of economic benefits arising from the ordinary operating activities of the com...
Peer comparison
Standard top-line metric across all industries; peers should be compared based on organic versus inorganic growth rates.
total_revenueHistorical Data
| 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 | $978M | $1.05B | $1.11B | $1.47B | $1.65B | $1.74B | $1.7B | $1.61B | $1.77B | $1.78B | $1.76B | $1.6B | $1.73B | $1.83B | $1.86B | $1.72B | $1.99B | $2.09B | $2.12B | $1.98B |
| QoQ Change | — | +7.1% | +6.2% | +32.3% | +12.1% | +5.2% | -1.8% | -5.2% | +9.7% | +0.7% | -1.4% | -9.0% | +8.1% | +5.5% | +1.9% | -7.6% | +15.8% | +4.8% | +1.5% | -6.4% |
| YoY Change | — | — | — | — | +68.6% | +65.7% | +53.1% | +9.7% | +7.4% | +2.8% | +3.3% | -0.8% | -2.3% | +2.4% | +5.8% | +7.4% | +15.0% | +14.2% | +13.8% | +15.3% |
Product Breakdown
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Corporate and Elimination | — | — | $1.86B | $1.72B | $1.99B | $2.09B | $2.12B | $1.98B |
| Life Safety | $1.18B | $1.22B | $1.29B | $1.27B | $1.36B | $1.4B | $1.42B | $1.42B |
| Specialty Contracting | $246M | $247M | $228M | $198M | $274M | $289M | $333M | $269M |
| Infrastructure and Utility | — | — | — | — | — | — | — | $218M |
| Fabrication and Distribution | — | — | — | $70M | $99M | $103M | $70M | $82M |
| Fabrication | $47M | $63M | $70M | — | — | — | — | — |
| HVAC | $115M | $132M | $127M | — | — | — | — | — |
| Infrastructure/Utility | $246M | $283M | $263M | $185M | $256M | $291M | — | — |
| Total | $1.73B | $1.83B | $1.86B | $1.72B | $1.99B | $2.09B | $2.12B | $1.98B |
Fabrication, HVAC, Infrastructure/Utility were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Safety Services | $1.18B | $1.22B | $1.29B | $1.27B | $1.36B | $1.4B | $1.42B | $1.42B |
| Specialty Services | $555M | $612M | $576M | $453M | $629M | $683M | $695M | $569M |
| Total | $1.73B | $1.83B | $1.86B | $1.72B | $1.99B | $2.09B | $2.12B | $1.98B |
Corporate and Eliminations, Fabrication, Heating, Ventilation, and Air Conditioning ("HVAC"), Infrastructure Utility, Life Safety, Specialty Contracting were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Geographic Breakdown — United States
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| United States | — | — | $1.17B | $1.08B | $1.3B | $1.4B | $1.4B | $1.29B |
| Other | $498M | $493M | $530M | $479M | $516M | $518M | $527M | $511M |
| Total | $1.73B | $1.83B | $1.86B | $1.72B | $1.99B | $2.09B | $2.12B | $1.98B |
Geographic Breakdown — France
| Segment | Q2 '22 | Q3 '22 | Q4 '23 |
|---|---|---|---|
| France | $144M | $125M | $161M |
| Total | $1.65B | $1.74B | $1.76B |
Total Revenue at Other Companies
Frequently Asked Questions
- What is APi Group's total revenue?
- APi Group (APG) reported total revenue of $1.98B in Q1 2026.
- How has APi Group's total revenue changed year-over-year?
- APi Group's total revenue increased by 15.3% year-over-year, from $1.72B to $1.98B.
- What is the long-term trend for APi Group's total revenue?
- Over 4 years (2021 to 2025), APi Group's total revenue has grown at a 19.0% compound annual growth rate (CAGR), from $3.94B to $7.91B.
- What does total revenue mean?
- The total amount of money brought in from sales of goods and services.