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APi Group Corporation (APG) Stock News

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APi Group Corporation reports developments in its global business services platform for fire and life safety, security, elevator and escalator, and specialty services. Company news commonly covers operating results, organic growth, segment performance in Safety Services and Specialty Services, recurring inspection, service and monitoring revenue, project activity, and capital deployment through acquisitions and financing.

Updates also include shareholder voting and governance matters, investor conference participation, credit agreement and debt-financing activity, and other capital-structure disclosures tied to APi's service-focused operations and worldwide locations.

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APi Group (APG) reported third-quarter 2026 revenue growth of 22.5% and raised its full-year revenue and adjusted earnings outlook. Revenue reached $2,554 million, with organic growth of 15.7%, excluding material acquisitions, divestitures and currency effects. Net income rose 22.6% to $114 million, and diluted earnings per share increased to $0.24 from $0.20.

Adjusted EBITDA, an adjusted earnings measure, rose 24.6% to $350 million, with its margin increasing to 13.7%. However, gross margin fell 120 basis points to 30.1%. Safety Services revenue grew 18.5%, while Specialty Services revenue increased 30.7%. APi now expects full-year revenue of $9,200–$9,250 million and adjusted EBITDA of $1,235–$1,255 million. Nine-month operating cash flow increased to $393 million from $377 million, while acquisition spending reached $1,356 million. Cash fell to $373 million from $912 million at year-end 2025.

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APi Group (NYSE: APG) will release its third quarter 2026 financial results before markets open on October 29, 2026.

A webcast and conference call will follow at 8:30 a.m. ET, with President and CEO Russell A. Becker and EVP and CFO David Jackola participating. A webcast replay will be available shortly after the live event.

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APi Group (APG) closed the acquisition of Evergreen Fire and Security, a Tacoma, Washington-based systems integrator, expanding electronic security capabilities within its North American Safety business.

Evergreen, founded in 2000, provides end-to-end electronic security and fire life safety solutions and is expected to contribute approximately $55 million in annual revenue and be accretive to APi’s “10/16/60+” shareholder value framework. APi reports strong demand across its end markets and says first-half momentum has continued into the third quarter, increasing confidence in its third-quarter and full-year outlook. Year-to-date, APi has deployed $1.7 billion of capital, including bolt-on and platform acquisitions, business investments, and $250 million of share repurchases, with $750 million remaining under its current authorization.

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APi Group (NYSE: APG) announced that its senior leadership will participate in a fireside chat at the 2026 Jefferies Global Industrials Conference on Wednesday, September 9 at 9:30 a.m. ET. A live webcast and replay will be available via the Investor Relations Events section of APi’s website.

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APi Group (NYSE: APG) reported record Q2 2026 net revenues of $2.254 billion, up 13.3% year over year and 10.1% organically. GAAP net income was $99 million (+28.6%) with diluted EPS of $0.20. Adjusted EBITDA rose 14.3% to $311 million, with margin expanding 10 bps to 13.8%.

Safety Services net revenues increased 8.8% (4.7% organic) with gross margin up 60 bps to 37.4%. Specialty Services net revenues grew 22.9% (22.0% organic) and gross margin improved 120 bps to 19.3%. According to APi, record backlog exceeds $5 billion.

The company raised full‑year 2026 guidance to net revenues of $8.875–$9.025 billion and adjusted EBITDA of $1.205–$1.245 billion, and forecast Q3 2026 net revenues of $2.375–$2.425 billion and adjusted EBITDA of $325–$335 million. Cash at June 30, 2026 was $851 million and total debt was $3.523 billion.

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APi Group (NYSE: APG) announced it will release its second quarter 2026 financial results before the market opens on Thursday, July 30, 2026. The company will host a webcast and conference call at 8:30 a.m. ET the same day to discuss the results. Participants will include President and CEO Russell A. Becker and EVP and CFO David Jackola. Investors and analysts can access the event by registering online via separate webcast and analyst links. According to APi Group, a replay of the webcast will be available shortly after the live event through the same webcast link.

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APi Group (NYSE: APG) closed its acquisition of WTech Fire Group on July 1, 2026. WTech provides fire sprinkler, suppression and detection solutions across Europe and is expected to add about $175 million in annual revenue with margins similar to APi’s international business.

APi raised its 2026 outlook, now expecting net revenues of $8,660–$8,860 million and adjusted EBITDA of $1,177–$1,237 million, reflecting WTech’s expected contribution for the rest of 2026.

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APi Group (NYSE: APG) closed its acquisition of Canadian fire and life safety provider Onyx-Fire Protection Services on June 8, 2026. Onyx-Fire is expected to add about $190 million in annual revenue and support APi's 10/16/60+ framework.

APi raised 2026 net revenue guidance to $8,575–$8,775 million and adjusted EBITDA guidance to $1,165–$1,225 million, and reaffirmed Q2 2026 guidance excluding Onyx-Fire's partial June contribution.

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APi Group (NYSE: APG) announced its debut on the 2026 Fortune 500 list at No. 486, based on $7.9 billion in 2025 revenue. The company highlights its 100-year anniversary, 29,000 teammates, and a recurring, inspection-driven services model supporting organic growth and value-enhancing M&A.

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APi Group (NYSE:APG) announced that its senior leadership team will join two upcoming investor conferences. They will participate in a fireside chat at the William Blair 46th Annual Growth Stock Conference on Wednesday, June 3, 2026 at 10:40 a.m. CT, with a live webcast and replay available in the Events section of the company’s investor relations website. Leadership will also attend Baird’s 2026 Global Consumer, Technology & Services Conference on Tuesday, June 2, 2026. APi describes itself as a global business services provider in fire and life safety, security, elevator and escalator, and specialty services, operating over 500 locations worldwide.

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FAQ

What is the current stock price of APi Group (APG)?

APi Group (APG) last closed at $42.49.

What is the market cap of APi Group (APG)?

The market cap of APi Group (APG) is approximately $18.1B.