---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-033886"
form_type: "8-K"
ticker: "APG"
cik: "0001796209"
company_name: "APi Group Corp"
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:55:58.844577+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# APi Group Q2 2024: Record net income $69M, adj EBITDA $231M, margin 13.4%; reaffirm FY guidance

## Summary
- Net revenues $1.73B (-2.3% reported, -3.1% organic); adjusted gross margin up 340 bps to 31.7%.
- Safety Services revenue +4.4% (1.5% organic) to $1.28B; adj EBITDA margin 15.7% (+270 bps).
- Specialty Services revenue -18.4% to $453M; adj EBITDA margin up 130 bps to 13.7%.
- Full-year guidance: net revenue $7.15-7.35B, adj EBITDA $885-915M, FCF conversion ~70%.
- Diluted EPS $0.22 ($0.49 adjusted), up 83% and 19.5% YoY respectively.

## SEC filing metadata
- accession: 0001628280-24-033886
- form_type: 8-K
- ticker: APG
- cik: 0001796209
- company_name: APi Group Corp
- filed_at: 2024-08-01T23:59:59+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/1796209/000162828024033886/0001628280-24-033886-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1796209/000162828024033886/apg-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-033886
- JSON: https://secwatch.observer/filing/0001628280-24-033886.json
- Plain text: https://secwatch.observer/filing/0001628280-24-033886.txt

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