APi Group Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $7.91B | $7.02B | $6.93B | $6.56B | $3.94B | $3.59B | $985.0M |
| Cost of Revenue | — | $5.42B | $4.84B | $4.99B | $4.84B | $3.00B | $2.83B | $787.0M |
| Gross Profit | — | $2.49B | $2.18B | $1.94B | $1.71B | $939.0M | $756.0M | $198.0M |
| Gross Margin | — | 31.4% | 31.0% | 28.0% | 26.1% | 23.8% | 21.1% | 20.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $1.93B | $1.69B | $1.58B | $1.55B | $803.0M | $725.0M | $359.0M |
| Operating Income | — | $554.0M | $484.0M | $359.0M | $162.0M | $136.0M | $-166.0M | $-161.0M |
| Operating Margin | — | 7.0% | 6.9% | 5.2% | 2.5% | 3.5% | -4.6% | -16.3% |
| Interest Expense | — | — | — | $145.0M | $125.0M | $60.0M | $52.0M | $15.0M |
| Pretax Income | — | $413.0M | $330.0M | $232.0M | $93.0M | $79.0M | $-184.0M | $-151.0M |
| Income Tax Expense | — | $111.0M | $80.0M | $79.0M | $20.0M | $32.0M | $-31.0M | $2.0M |
| Net Income | — | $302.0M | $250.0M | $153.0M | $73.0M | $47.0M | $-153.0M | $-153.0M |
| Net Margin | — | 3.8% | 3.6% | 2.2% | 1.1% | 1.2% | -4.3% | -15.5% |
| EPS (Basic) | — | $-0.69 | $-0.56 | $-0.46 | $0.10 | $-0.67 | $-2.21 | $-1.15 |
| EPS (Diluted) | — | $-0.69 | $-0.56 | $-0.46 | $0.10 | $-0.67 | $-2.21 | $-1.15 |
| Shares Outstanding (Basic) | 431.5M | 415.7M | 401.5M | 352.7M | 233.2M | 206.0M | 169.0M | 133.0M |
| Shares Outstanding (Diluted) | 431.5M | 415.7M | 401.5M | 352.7M | 266.1M | 206.0M | 169.0M | 133.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |