APi Group Reports Record Q3 2026 Results with Raised Full-Year Guidance
APi Group (APG) delivered strong third-quarter results for fiscal year 2026, characterized by a 22.5% increase in net revenue to $2.55 billion and a 24.6% rise in adjusted EBITDA to $350 million. The company's growth was fueled by robust demand in high-growth sectors such as data centers, semiconductors, and advanced manufacturing. A record backlog exceeding $5 billion provides significant visibility into the company's performance heading into 2027. Driven by these results, management raised its full-year revenue guidance to a range of $9.20 billion to $9.25 billion and increased its adjusted EBITDA outlook. While the company faced some gross margin compression due to rising material and fuel costs, disciplined project selection in the Specialty Services segment helped expand margins there. The firm continues an active M&A strategy, having closed 13 transactions year-to-date.
Tickers: $APG
Topics: earnings per share ebitda guidance raise mergers and acquisitions revenue growth