---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-044426"
form_type: "8-K"
ticker: "APG"
cik: "0001796209"
company_name: "APi Group Corp"
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:34:00.541541+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# APi Group Q3 adjusted EBITDA record $245M; cuts FY revenue guidance to ~$7.0B

## Summary
- Net revenues $1.826B (+2.4% yoy), organic decline 0.2%; adjusted EBITDA $245M (+9.4%), margin 13.4%.
- Net income $69M (+28% yoy), diluted EPS $0.23; adjusted diluted EPS $0.51.
- Safety Services rev $1.335B (+9.7% reported, +3.1% organic); adjusted EBITDA margin 15.7%.
- Specialty Services rev $493M (-13.4%, organic -7.7%); adjusted EBITDA margin 13.6% vs 14.6%.
- FY guidance: net revenue ~$7.0B (down from $7.15-7.35B); adj EBITDA $890-900M; FCF ≥75% (prev ~70%).

## SEC filing metadata
- accession: 0001628280-24-044426
- form_type: 8-K
- ticker: APG
- cik: 0001796209
- company_name: APi Group Corp
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1796209/000162828024044426/0001628280-24-044426-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1796209/000162828024044426/apg-20241031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-044426
- JSON: https://secwatch.observer/filing/0001628280-24-044426.json
- Plain text: https://secwatch.observer/filing/0001628280-24-044426.txt

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