Api Group (APG) revenue breakdown
By segment, Safety Services is the largest at 69% of fiscal 2025 revenue, growing 22% a year over 7 years.
By product, Life Safety is the largest at 69% of fiscal 2025 revenue; Specialty Contracting grew fastest, 16% a year over 1 years.
Revenue by segment
Fiscal years, as Api Group reports them in its 10-K filings; fiscal 2025 total $7.9B.
| Segments | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|
| Safety Services | $1.3B | $340M | $1.3B | $2.1B | $4.5B | $4.4B | $4.8B | $5.5B | 69% |
| Specialty Services | — | — | — | $1.9B | $2.0B | $2.5B | $2.2B | $2.5B | 31% |
| Infrastructure/Utility | $733M | $225M | $1.4B | — | — | — | — | — | — |
| Specialty Contracting | $484M | $123M | $412M | — | — | — | — | — | — |
| Heating, Ventilation and Air Conditioning ("HVAC") | $383M | $95M | $322M | — | — | — | — | — | — |
| Fabrication | $142M | $38M | $178M | — | — | — | — | — | — |
| Transmission | $455M | $100M | — | — | — | — | — | — | — |
| Inspection | $200M | $46M | — | — | — | — | — | — | — |
| Civil | $68M | $21M | — | — | — | — | — | — | — |
Revenue by product
Fiscal years, as Api Group reports them in its 10-K filings; fiscal 2025 total $7.9B.
| Products | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|
| Life Safety | — | — | — | — | — | $4.8B | $5.5B | 69% |
| Specialty Contracting | — | — | — | — | — | $941M | $1.1B | 14% |
| Infrastructure and Utility | — | — | — | — | — | $998M | $1.0B | 13% |
| Fabrication and Distribution | — | — | — | — | — | $290M | $342M | 4% |
| Safety Services | $1.7B | $435M | $1.6B | $2.1B | $4.6B | — | — | — |
| Specialty Services | $1.4B | $386M | $2.0B | $1.9B | $2.0B | — | — | — |
| Industrial Services | $723M | $167M | — | — | — | — | — | — |
| Corporate and Elimination | -$59M | -$3M | -$12M | -$47M | -$47M | — | — | — |
Revenue by region
Fiscal years, as Api Group reports them in its 10-K filings; fiscal 2025 total $7.9B.
| Regions | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|
| United States | $3.5B | $921M | $3.3B | $3.5B | $4.1B | $4.3B | $4.4B | $5.2B | 65% |
| Other | — | — | $238M | $391M | $1.9B | $2.0B | $2.0B | $2.0B | 26% |
| France | — | — | — | — | $564M | $607M | $637M | $691M | 9% |
| Canada and Europe | $269M | $64M | — | — | — | — | — | — | — |
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Where does Api Group make its money?
In fiscal 2025, by segment: Safety Services $5.5B, Specialty Services $2.5B.
From Api Group's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.