---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-036207"
form_type: "8-K"
ticker: "APG"
cik: "0001796209"
company_name: "APi Group Corp"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:47:09.000288+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# APi Group Q3 net income +93% YoY to $54M; raises FY adjusted EBITDA guidance

## Summary
- Q3 net revenues $1.78B (+2.8% YoY); net income $54M vs $28M; diluted EPS $0.15 vs $0.06.
- Adjusted EBITDA $224M (+20.4%); adjusted EBITDA margin 12.6% (+190bps YoY).
- First nine months net revenues record $5.2B (+~7% reported and organic); double-digit core inspection growth.
- Raising bottom end of full year adjusted EBITDA guidance; 13%+ margin target reiterated for 2025.

## SEC filing metadata
- accession: 0001628280-23-036207
- form_type: 8-K
- ticker: APG
- cik: 0001796209
- company_name: APi Group Corp
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1796209/000162828023036207/0001628280-23-036207-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1796209/000162828023036207/apg-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-036207
- JSON: https://secwatch.observer/filing/0001628280-23-036207.json
- Plain text: https://secwatch.observer/filing/0001628280-23-036207.txt

## Key facts
- Earnings Releases
  APi Group Corp updated its the three and nine months ended September 30, 2023 guidance (raised).
  - Period: the three and nine months ended September 30, 2023
  - Guidance: raised
  - Result: reported results
  source text: On November 2, 2023, APi Group Corporation (the “Company”) issued a press release announcing its financial results for the fiscal quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1796209/000162828023036207/0001628280-23-036207-index.htm

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