APi Group (NYSE:APG) Releases Quarterly Earnings Results, Beats Expectations By $0.02 EPS

APi Group (NYSE:APG) announced its quarterly earnings data on Thursday. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.02, Briefing.com reports. APi Group had a return on equity of 37.92% and a net margin of 3.70%.The business had revenue of $1.98 billion during the quarter, compared to the consensus estimate of $1.92 billion. During the same period in the prior year, the company earned $0.37 EPS. APi Group’s revenue for the quarter was up 15.3% on a year-over-year basis.

Here are the key takeaways from APi Group’s conference call:

• APi reported a strong Q1 — net revenues +15% (?10% organic) and Adjusted EBITDA +21.8% with margin expansion of ~70 bps to 11.9%.
• Cash and leverage provide flexibility — Q1 Adjusted Free Cash Flow $125M, 88% conversion, and net leverage ~1.8x, well below long?term targets, supporting M&A and capital deployment.
• Accelerated M&A to build Safety Services — closed CertaSite and agreed to acquire WTech (Europe) and Onyx (Canada) (>$1B total); Onyx expected to close in 2Q and WTech in 3Q, and management says these deals are accretive to long?term targets.
• Management raised full?year guidance — FY revenue range and Adjusted EBITDA were increased, implying organic growth of ~5%–7% and a midpoint adjusted EBITDA margin of ~13.8%.
• Strong end?market momentum (Specialty Services organic ?25%) and inspection/service growth (mid? to upper?single digits) drove results, but mix toward projects and Specialty weighed on adjusted gross margin this quarter.

APi Group Price Performance

APG traded up $0.07 on Friday, reaching $45.79. The stock had a trading volume of 2,421,354 shares, compared to its average volume of 2,843,155. APi Group has a fifty-two week low of $27.37 and a fifty-two week high of $49.99. The firm has a 50-day moving average of $43.69 and a 200-day moving average of $40.85. The company has a current ratio of 1.50, a quick ratio of 1.43 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $19.81 billion, a price-to-earnings ratio of -60.50, a price-to-earnings-growth ratio of 2.91 and a beta of 1.68.

Trending Headlines about APi Group

Here are the key news stories impacting APi Group this week:

• Positive Sentiment: Q1 results beat expectations — APi reported $0.32 EPS vs. $0.30 consensus and revenue of $1.98B vs. $1.92B consensus, showing top-line strength this quarter. APi (APG) Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: Underlying operational strength — company reported ~10% organic net revenue growth and expanded adjusted EBITDA margins by ~70 bps, with strength across Safety and Specialty Services, which supports margin improvement thesis. APi Group Reports First Quarter 2026 Financial Results
• Positive Sentiment: Narrative shifting toward recurring earnings and data-center exposure — analysts and commentary highlight growing recurring revenue and data-center end-market growth as new catalysts that could raise valuation multiples over time. How The APi Group (APG) Narrative Is Shifting Around Recurring Earnings And Data Center Growth
• Neutral Sentiment: Guidance and investor materials available — APi updated FY and Q2 revenue ranges (roughly in line with consensus around ~$8.5B FY and ~$2.2B Q2) and published its slide deck and call transcript for details; keeps guidance visible but not clearly above expectations. View Press Release / Slide Deck
• Neutral Sentiment: Full earnings-call detail and presentation posted — transcript and slides give color on segment trends, M&A posture, and capital allocation (useful for modeling but no big surprises in headlines). APi Group Corporation (APG) Q1 2026 Earnings Call Transcript
• Negative Sentiment: EPS still down year-over-year and margins modest — Q1 EPS ($0.32) was below last year’s $0.37 and net margin remains modest (~3.7%), which may temper investor enthusiasm despite the beat. APi: Q1 Earnings Snapshot
• Neutral Sentiment: Relative-value debate — comparison pieces (e.g., BFAM vs APG) may drive short-term flows as investors weigh growth vs. valuation; not a direct company fundamental change. BFAM or APG: Which Is the Better Value Stock Right Now?

Insiders Place Their Bets

In other APi Group news, Director Martin E. Franklin sold 3,000,000 shares of the company’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $40.88, for a total value of $122,640,000.00. Following the completion of the transaction, the director owned 21,240,426 shares of the company’s stock, valued at $868,308,614.88. This represents a 12.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director James E. Lillie sold 100,888 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $44.30, for a total value of $4,469,338.40. Following the completion of the sale, the director directly owned 9,706,462 shares of the company’s stock, valued at approximately $429,996,266.60. The trade was a 1.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 3,682,000 shares of company stock valued at $152,333,385 in the last 90 days. Corporate insiders own 18.70% of the company’s stock.

Institutional Investors Weigh In On APi Group

Several institutional investors and hedge funds have recently made changes to their positions in APG. Caitong International Asset Management Co. Ltd increased its stake in shares of APi Group by 1,851.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 761 shares of the company’s stock valued at $29,000 after buying an additional 722 shares during the period. Parallel Advisors LLC increased its stake in shares of APi Group by 55.3% in the third quarter. Parallel Advisors LLC now owns 834 shares of the company’s stock valued at $29,000 after buying an additional 297 shares during the period. Silicon Valley Capital Partners increased its stake in shares of APi Group by 50.0% in the third quarter. Silicon Valley Capital Partners now owns 858 shares of the company’s stock valued at $29,000 after buying an additional 286 shares during the period. EFG International AG acquired a new stake in shares of APi Group in the fourth quarter valued at about $37,000. Finally, CIBC Private Wealth Group LLC increased its stake in shares of APi Group by 263.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,051 shares of the company’s stock valued at $40,000 after buying an additional 762 shares during the period. Institutional investors and hedge funds own 86.62% of the company’s stock.

Analysts Set New Price Targets

APG has been the subject of several recent analyst reports. Truist Financial set a $55.00 price objective on APi Group in a research report on Friday. Robert W. Baird set a $52.00 price objective on APi Group in a research report on Friday. Wall Street Zen downgraded APi Group from a “buy” rating to a “hold” rating in a research report on Saturday, April 18th. Barclays upped their price objective on APi Group from $44.00 to $52.00 and gave the stock an “overweight” rating in a research report on Thursday, February 26th. Finally, UBS Group upped their target price on APi Group from $49.00 to $54.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $51.43.

About APi Group

APi Group Corp. is a global specialty contractor that provides fire protection, security, mechanical insulation and energy services to commercial, industrial and institutional clients. Headquartered in New Brighton, Minnesota, the company designs, installs, inspects, tests, maintains and repairs a wide range of safety and infrastructure systems. Through its network of operating subsidiaries, APi Group delivers end-to-end solutions for new construction, facility renovations and ongoing maintenance requirements.

Its service portfolio spans life safety and industrial services—such as fire suppression systems, fire alarms and emergency lighting—and specialized offerings including technical insulation, access solutions, passive fire protection and energy efficiency upgrades.