APi Group Corporation (APG)
NYSE: APG · Services-To Dwellings & Other Buildings · New Brighton, MN · filing with the SEC since 2019
Grade5.4
◀ Past 5.1● Present 5.6▶ Future 5.5
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
| Report filed | Feb 25, 2026 | Feb 26, 2025 | Feb 28, 2024 | Mar 1, 2023 | Mar 1, 2022 | Mar 24, 2021 | · | · |
| Revenue | 7,911 | 7,018 | 6,928 | 6,558 | 3,940 | 3,587 | 985 | 3,728 |
| For insurers | ||||||||
| Net investment income | · | -7 | 25r | 51r | 12 | 34 | 25 | 6 |
| Cost of revenue | 5,424 | 4,840 | 4,988 | 4,844 | 3,001 | 2,831 | 787 | 2,941 |
| Gross profit | 2,487 | 2,178 | 1,940 | 1,714 | 939 | 756 | 198 | 787 |
| Selling, general and administrative | 1,933 | 1,694 | 1,581 | 1,552 | 803 | 725 | 359 | 625 |
| Operating income | 554 | 484 | 359 | 162 | 136 | -166 | -161 | 162 |
| Interest expense | · | · | 145 | 125 | 60 | 52 | 15 | 22 |
| Interest and investment income | 0 | -8 | 18 | · | · | · | · | · |
| Interest income (expense), net | -141 | -146 | -145 | -125 | · | · | · | · |
| Share of profit of equity-method investments | 413 | 330 | 232 | 93 | 79 | -184 | -151 | · |
| Other income (expense), net | -141 | -154 | -127 | -69 | -57 | -18 | 10 | -16 |
| Income before income taxes | 413 | 330 | 232 | 93 | 79 | -184 | -151 | 146 |
| Income tax expense | 111 | 80 | 79 | 20 | 32 | -31 | 2 | 10 |
| Net income | 302 | 250 | 153 | 73 | 47 | -153 | -153 | 136 |
| Preferred dividends | · | · | 44 | 44 | 0r | 222 | · | · |
| Net income to common shareholders | -288 | -224 | -161 | 29r | -137 | -375 | -153 | 136 |
| Earnings per share, basic | -0.69 | -0.56r | -0.46r | 0.0667b | -0.4467b | -1.4733b | -0.7667b | · |
| Earnings per share, diluted | -0.69 | -0.56r | -0.46r | 0.0667b | -0.4467b | -1.4733b | -0.7667b | · |
| Earnings per share, basic and diluted | · | · | · | · | -0.4467b | -1.4733b | -0.7667b | · |
| Weighted average shares, basic | 415,709,895 | 401,513,646r | 352,705,274r | 349,802,354b | 309,000,000b | 253,500,000b | 199,500,000b | · |
| Weighted average shares, diluted | 415,709,895 | 401,513,646r | 352,705,274r | 399,121,120b | 309,000,000b | 253,500,000b | 199,500,000b | · |
| Weighted average shares, basic and diluted | · | · | · | · | 308,637,312b | 254,223,510b | 199,675,500b | · |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 3-for-2 split of Sep 2025.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTaxNet investment income what its investments earned
us-gaap:NetInvestmentIncomeCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfRevenue
us-gaap:CostOfGoodsAndServicesSoldGross profit revenue less the cost of what it sold
us-gaap:GrossProfitSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeNetInterest income (expense), net interest earned less interest paid, outside the business
us-gaap:InterestIncomeExpenseNonoperatingNetShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossPreferred dividends paid to preferred holders before common shareholders
us-gaap:PreferredStockDividendsIncomeStatementImpactNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedEarnings per share, basic and diluted net income per share, where both counts are the same
us-gaap:EarningsPerShareBasicAndDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstandingWeighted average shares, basic and diluted the average count, where both counts are the same
us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted