secwatch.observer — SEC 8-K summary
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Issuer:     APi Group Corp (APG)
CIK:        0001796209
Form:       8-K
Filed at:   2025-07-31T23:59:59+00:00
Accession:  0001628280-25-036849
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

APi Group Q2 net rev $2.0B (+15% YoY); adj EBITDA $272M (+17.7%); raises FY outlook
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1796209/000162828025036849/0001628280-25-036849-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1796209/000162828025036849/apg-20250731.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-036849

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer