APi Group Posts Q2 Adj EPS of 44c, Beating Expectations
APG sits 20% above its 52-week low of $33.4.
Summary
APi Group reported Q2 adjusted earnings of 44 cents per share, beating expectations, and revenue that also exceeded estimates. Q2 net revenues were $2.254 billion, up 13.3% year over year, and adjusted EBITDA was $311 million with margin of 13.8%. The company posted record second quarter 2026 financial results and raised its full-year 2026 outlook to net revenues of $8.875-$9.025 billion and adjusted EBITDA of $1.205-$1.245 billion. The beat comes amid aggressive M&A, with recent acquisitions of Onyx-Fire Protection and WTech Fire Group already boosting the full-year outlook. This earnings print validates the integration strategy and suggests the raised guidance from June is on track. With a $16.8B market cap, the magnitude of the beat could drive meaningful price action. Watch for management commentary on the call regarding deal pipelines and margin trends.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Q2 net revenues were $2.254 billion, up 13.3% year over year; adjusted EBITDA was $311 million with margin of 13.8%. Full-year guidance raised to net revenues of $8.875-$9.025 billion and adjusted EBITDA of $1.205-$1.245 billion.
At the time of this announcement, APG was trading at $40.14 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $16.8B. The 52-week trading range was $33.40 to $49.99. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.