The earnings call highlighted APi Group's impressive record performance and strong growth in key segments such as Safety Services and Specialty Services. Despite challenges like margin pressures in the Specialty Services segment, the overall sentiment remains positive due to strategic M&A activity, robust backlog, and strong financial results.

Company Guidance -

Q3 2025

During APi Group's second quarter 2025 earnings call, the company provided updated guidance showing an optimistic outlook driven by strong performance metrics. The company raised its full-year net revenue guidance to a range of $7.65 billion to $7.85 billion, up from the previous $7.4 billion to $7.6 billion, reflecting organic growth of 4% to 7%. They also increased their full-year adjusted EBITDA guidance to a range of $1.005 billion to $1.045 billion, up from $985 million to $1.035 billion, indicating an approximate 15% growth at the midpoint. This upward revision was attributed to the company's robust second-quarter performance, which saw a 15% increase in net revenues to $2 billion compared to $1.73 billion in the prior year, with organic growth of 8.3%. The company also highlighted a 17.7% increase in adjusted EBITDA, reaching a margin of 13.7%, and adjusted diluted earnings per share rising by 18.2% to $0.39. These improvements were supported by strong project revenue growth, pricing enhancements, and the ongoing expansion of their inspection, service, and monitoring business, which achieved double-digit inspection growth for the 20th consecutive quarter. Additionally, APi Group's record backlog surpassed $4 billion, demonstrating significant business momentum as they continue to execute strategic initiatives, including accretive M&A activities and disciplined project selection.

Record Second Quarter Results

APi Group achieved record results in the second quarter of 2025 with net revenues increasing by 15% and organic growth of over 8%. The Safety Services segment delivered 80 basis points of segment earnings margin expansion, and the Specialty Services segment returned to 13.3% organic growth.

Strong Backlog and M&A Activity

APi recorded a backlog of over $4 billion for the first time in its history. The company also completed 6 acquisitions during the quarter, contributing to their guidance raise.

Inspection and Service Growth

The North American Safety business achieved double-digit inspection growth for the 20th straight quarter, and the international business showed high single-digit order growth.

Adjusted EBITDA Growth

Adjusted EBITDA increased by 17.7%, with a 30 basis point increase in adjusted EBITDA margin compared to the prior year period.

APi Group (APG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

APG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.40 / -	0.34	―	―	―
Jul 31, 2025	2025 (Q2)	0.37 / 0.39	0.327	19.27% (+0.06)
May 01, 2025	2025 (Q1)	0.24 / 0.25	0.227	8.81% (+0.02)
Feb 26, 2025	2024 (Q4)	0.33 / 0.34	0.293	16.04% (+0.05)
Oct 31, 2024	2024 (Q3)	0.34 / 0.34	0.32	6.25% (+0.02)
Aug 01, 2024	2024 (Q2)	0.32 / 0.33	0.273	19.78% (+0.05)
May 02, 2024	2024 (Q1)	0.22 / 0.23	0.167	35.93% (+0.06)
Feb 28, 2024	2023 (Q4)	0.28 / 0.29	0.24	22.08% (+0.05)
Nov 02, 2023	2023 (Q3)	0.30 / 0.32	0.247	29.55% (+0.07)
Aug 03, 2023	2023 (Q2)	0.27 / 0.27	0.247	10.53% (+0.03)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

APG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$34.42	$36.07	+4.79%
May 01, 2025	$25.22	$26.89	+6.62%
Feb 26, 2025	$26.75	$26.67	-0.30%
Oct 31, 2024	$22.14	$22.76	+2.80%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Api Group Corporation (APG) report earnings?

Api Group Corporation (APG) is schdueled to report earning on Oct 30, 2025, TBA (Confirmed).

What is Api Group Corporation (APG) earnings time?

Api Group Corporation (APG) earnings time is at Oct 30, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is APG EPS forecast?

APG EPS forecast for the fiscal quarter 2025 (Q3) is 0.4.

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