earnings
confidence high
sentiment positive
materiality 0.75
APi Group posts record Q1 revenue $1.7B; raises FY2025 guidance, announces $1B buyback
APi Group Corp
2025-Q1 EPS reported
$0.11
revenue$1,719,000,000
- Q1 total net revenue $1,719M (+7.4% YoY); organic growth 1.9%. Reported net income $35M.
- Adjusted EBITDA $193M (+10.3%), margin 11.2% (+30bps). Adjusted diluted EPS $0.37 (+8.8%).
- Safety Services revenue +13.4% (organic +5.6%), gross margin +90bps. Specialty Services revenue -6.8%.
- FY2025 guidance raised: net revenue $7.4-$7.6B (from $7.3-$7.5B); adjusted EBITDA $985-$1,035M.
- Board authorized new $1B share repurchase program; $75M stock repurchased in Q1 2025.