APi Group Reports Strong Q2 Performance with Revenue Growth and Raised Full-Year Outlook
APi Group (NYSE: APG) reported strong second-quarter results on August 1, 2026. The company saw revenue rise by 13.3% year-over-year to $2.25 billion, driven largely by organic growth of 10.1%, pricing improvements and increased project activity. Adjusted EBITDA rose 14.3% with a margin expansion to 13.8%. The company also reported record backlog exceeding $5 billion for the first time. APi raised its full-year revenue guidance to between $8.875 billion and $9.025 billion, along with an adjusted EBITDA outlook of $1.205 billion–$1.245 billion. The company's Specialty Services segment saw a 22.9% increase in revenue due largely to demand from data centers, semiconductors, advanced manufacturing and critical infrastructure projects. The Safety Services segment also performed well with an 8.8% rise in revenue and margin improvements driven by customer selection and pricing strategies. APi maintained leverage below its target range while continuing share repurchases and pursuing bolt-on acquisitions.
Tickers: $APG
Topics: backlog ebitda_increase outlook_upgrade revenue_growth