Loading...
•
Mar 31, 2025
APi Group Q1 2025 Earnings Report
Reported first quarter 2025 financial results
Key Takeaways
APi Group reported a strong start to 2025 with accelerating year-over-year net revenue growth of 7.4% and continued double-digit inspection revenue growth in North American Safety Services. The company achieved record first quarter adjusted EBITDA with margin expansion and repurchased $75 million of common stock while authorizing a new $1 billion share repurchase program.
Net revenues reached $1.7 billion, a 7.4% increase year-over-year.
Reported net income was $35 million, while adjusted EBITDA hit a record $193 million.
Adjusted EBITDA margin expanded by 30 basis points to 11.2%.
A new $1 billion share repurchase program was authorized after repurchasing $75 million of stock.
Revenue by Segment
Forward Guidance
APi Group increased its full year 2025 guidance for net revenue and adjusted EBITDA to reflect current foreign currency exchange rates. The company also provided guidance for the second quarter of 2025.
Positive Outlook
- Full year 2025 net revenue guidance increased to $7.4 billion - $7.6 billion (up from $7.3 billion - $7.5 billion).
- Full year 2025 adjusted EBITDA guidance increased to $985 million - $1.035 billion (up from $970 million - $1.020 billion).
- Second quarter 2025 net revenue guidance is $1.875 billion - $1.925 billion.
- Second quarter 2025 adjusted EBITDA guidance is $260 million - $270 million.
- New $1 billion share repurchase program authorized.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...