---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-029131"
form_type: "8-K"
ticker: "APG"
cik: "0001796209"
company_name: "APi Group Corp"
filed_at: "2025-02-19T23:59:59+00:00"
generated_at: "2026-05-26T12:21:48.403893+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# APi Group guides 2025 revenue $7.3-7.5B, adj. EBITDA $970-1,020M; reprices term loan

## Summary
- 2024 net revenue expected above prior guide of ~$7B; adjusted EBITDA in-line with $890-900M range (pre-FX).
- 2025 net revenue guide $7,300-7,500M (organic); adj. EBITDA $970-1,020M (13.4% margin at midpoint).
- Repriced Term Loan due 2029: margin reduced 25 bps, annual cash savings ~$5M.
- Repaid $100M on Dec 31, 2024; outstanding $2,157M; $1.84B swaps remain.
- Net leverage below 2.5x; Investor Day set for May 21, 2025.

## SEC filing metadata
- accession: 0001193125-25-029131
- form_type: 8-K
- ticker: APG
- cik: 0001796209
- company_name: APi Group Corp
- filed_at: 2025-02-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1796209/000119312525029131/0001193125-25-029131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1796209/000119312525029131/d906301d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-029131
- JSON: https://secwatch.observer/filing/0001193125-25-029131.json
- Plain text: https://secwatch.observer/filing/0001193125-25-029131.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.