APi Group reports record Q3 revenue $2.1B (+14.2% YoY); raises full-year guidance

APi Group Corp

2025-Q3 EPS reported $0.43 revenue$5,794,000,000

Record Q3 net revenues of $2,085M, up 14.2% YoY (organic +9.7%); net income $93M (+34.8%).
Adjusted EBITDA record $281M (+14.7%); adjusted diluted EPS $0.41 vs $0.34 (+20.6%).
Safety Services revenue +15.4% (organic +8.7%); segment earnings margin 16.8% (+40 bps).
Specialty Services revenue +11.6% organic, but gross margin -60 bps due to mix and materials.
FY 2025 guidance raised: net revenues $7,825-7,925M; adjusted EBITDA $1,015-1,045M.

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