earnings
confidence high
sentiment positive
materiality 0.75
APi Group Q2 net rev $2.0B (+15% YoY); adj EBITDA $272M (+17.7%); raises FY outlook
APi Group Corp
2025-Q2 EPS reported
$0.24
revenue$3,709,000,000
- Record Q2 net revenues $2.0B, +15% YoY (organic +8.3%); adjusted EBITDA margin 13.7% (+30bps).
- Adjusted diluted EPS $0.39 (+18.2% YoY); GAAP net income $77M (+11.6%).
- Safety Services revenue $1.362B (+15.8%) with segment margin +80bps; Specialty Services revenue $629M (+13.3%) but gross margin -350bps.
- Full-year guidance raised: net revenues $7.65-7.85B (prev $7.4-7.6B) and adj EBITDA $1,005-1,045M (prev $985-1,035M).
- Three-for-two stock split executed June 30, 2025.
item 2.02item 9.01