APi Group Corporation filed its quarterly report on Form 10-Q with the SEC on October 29, 2026, covering the three and nine months ended September 30, 2026, and reporting net revenues of $2.554 billion for the third quarter.

Key Highlights

  • Q3 2026 net revenues: $2.554 billion, compared with $2.085 billion in Q3 2025, according to the filing.
  • Q3 2026 net income: $114 million, up from $93 million in the prior-year quarter, as reported in the condensed consolidated statements of operations.
  • Nine-month net revenues: $6.790 billion for the nine months ended September 30, 2026, versus $5.794 billion for the same period in 2025.
  • Diluted EPS: $0.24 per common share for Q3 2026 and $0.56 per common share for the nine months ended September 30, 2026.
  • Share repurchases: 4,751,859 shares repurchased in Q3 2026 at a cost of $186 million, following 1,586,704 shares repurchased in Q2 2026 at a cost of $66 million.
  • Total assets: $10.281 billion at September 30, 2026, compared with $8.936 billion at December 31, 2025.
  • Shares outstanding: 425,258,453 shares of common stock as of October 22, 2026.

APi Group's Q3 2026 Financial Results: Revenue Growth and Active Share Repurchases

According to the filing, APi Group Corporation (NYSE:APG) reported third-quarter 2026 net revenues of $2.554 billion, an increase from $2.085 billion in the third quarter of 2025. Gross profit for the quarter was $770 million, compared with $652 million a year earlier. Operating income reached $202 million for Q3 2026, up from $163 million in Q3 2025. Interest expense, net, was $45 million for the quarter. Income before income taxes was $155 million, and the income tax provision was $41 million, resulting in net income of $114 million.

For the nine months ended September 30, 2026, the company disclosed net revenues of $6.790 billion versus $5.794 billion in the comparable prior-year period. Net income for the nine-month period was $270 million, compared with $205 million for the nine months ended September 30, 2025. Net income attributable to common shareholders for the nine months was $242 million, after allocating $28 million to Series A Preferred Stock holders, as stated in the filing.

The balance sheet showed total assets of $10.281 billion at September 30, 2026, up from $8.936 billion at December 31, 2025. Goodwill increased to $3.897 billion from $3.167 billion over the same period. Cash and cash equivalents declined to $373 million from $912 million. Long-term debt, less current portion, was $3.213 billion at September 30, 2026. The company's shareholders' equity stood at $3.488 billion at quarter-end. During the third quarter, the filing disclosed that 4,751,859 shares were repurchased for $186 million, reducing total common shares issued to 427,423,170 at September 30, 2026.

What Was Disclosed

APi Group filed its Form 10-Q for the quarter ended September 30, 2026, disclosing revenues, earnings, balance sheet data, and share repurchase activity. The company reported higher revenues and net income compared with the same periods in 2025, alongside an increase in total assets and reduction in cash.