APi (APG) Change in Inventory (2019 - 2026)

APi (APG) reported Change in Inventory of $5.0 million for Q1 2026, up 25.0% on a YoY basis from $4.0 million in Q1 2025, and up 225.0% quarter-over-quarter from -$4.0 million in Q4 2025.

APi (APG) Change in Inventory (2019 - 2026) Analysis & Trends

APi has reported Change in Inventory for 8 years, with the latest figure at $5.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Inventory rose 25.0% year-over-year to $5.0 million; the trailing twelve-month figure through Mar 2026 stood at -$5.0 million (changed 0.0% YoY), and the FY2025 full-year result was -$6.0 million, up 33.33% from the prior year.
  • Change in Inventory for Q1 2026 stood at $5.0 million, up from -$4.0 million in the prior quarter.
  • The five-year high for Change in Inventory was $10.0 million in Q2 2022, with the low at -$11.0 million in Q4 2023.
  • Historically, Change in Inventory has averaged $71428.6 across 5 years, with a median of $1.5 million in 2025.
  • Annual changes were most pronounced in 2022 — Change in Inventory surged 350.0% — and 2023, when it plunged 320.0%.
  • APi's Change in Inventory stood at $5.0 million in 2022, then sank by 320.0% to -$11.0 million in 2023, then climbed by 27.27% to -$8.0 million in 2024, then jumped by 50.0% to -$4.0 million in 2025, then jumped by 225.0% to $5.0 million in 2026.
  • The last three Change in Inventory figures came in at $5.0 million (Q1 2026), -$4.0 million (Q4 2025), and -$5.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Quanta Services 103.56 Bn 103.29 Bn 1.11 Bn 76.75 Mn
2 Comfort Systems Usa 64.33 Bn 63.28 Bn 754.41 Mn 9.88 Mn
3 Emcor 36.81 Bn 35.90 Bn 863.95 Mn -
4 Mastec 27.54 Bn 27.38 Bn 477.90 Mn 4.77 Mn
5 Sterling Infrastructure 25.78 Bn 25.28 Bn 194.30 Mn -
6 APi 18.83 Bn 18.18 Bn 620.00 Mn 5.00 Mn
7 Jacobs Solutions 14.81 Bn 13.43 Bn 794.89 Mn -
8 IES Holdings 14.35 Bn 14.09 Bn 254.79 Mn 30.47 Mn
9 Dycom Industries 13.61 Bn 12.90 Bn - -
10 TopBuild 11.46 Bn 11.19 Bn 400.25 Mn 18.34 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.00 Mn
Mar 31, 2026 5.00 Mn
Dec 31, 2025 -4.00 Mn
Dec 31, 2025 -4.00 Mn
Sep 30, 2025 -5.00 Mn
Sep 30, 2025 -5.00 Mn
Jun 30, 2025 -1.00 Mn
Jun 30, 2025 -1.00 Mn
Mar 31, 2025 4.00 Mn
Mar 31, 2025 4.00 Mn
Dec 31, 2024 -8.00 Mn
Dec 31, 2024 -8.00 Mn
Sep 30, 2024 -9.00 Mn
Sep 30, 2024 -9.00 Mn
Jun 30, 2024 8.00 Mn
Jun 30, 2024 8.00 Mn
Dec 31, 2023 -11.00 Mn
Dec 31, 2023 -11.00 Mn
Sep 30, 2023 -8.00 Mn
Sep 30, 2023 -8.00 Mn