APi Group Raises 2026 Revenue and EBITDA Outlook Following Record Third Quarter
APi Group (NYSE: APG) reported record third-quarter results, highlighted by a 23% increase in net revenue and 16% organic growth. CEO Russell Becker noted that adjusted EBITDA margins expanded by 20 basis points, marking the company's 16th consecutive quarter of margin expansion. Building on this momentum, management raised its 2026 outlook, projecting revenue between $9.20 billion and $9.25 billion with an adjusted EBITDA in the range of $1.235 billion to $1.255 billion. The company is also targeting a long-term margin goal of 16% by 2028.
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