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

APi (APG) posted Change in Taxes of -$92.0 million for Q1 2026, down 300.0% quarter-over-quarter from $46.0 million in Q4 2025, and up 3.16% year-on-year from -$89.2 million in Q1 2025.

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

APi (APG) has reported Change in Taxes for 8 consecutive years, with -$92.0 million the latest figure, recorded in Q1 2026.

  • Change in Taxes for Q1 2026 came in at -$92.0 million, up 3.16% year-over-year; the trailing twelve-month figure through Mar 2026 was $48.0 million (up 60.0% YoY), and the FY2025 annual result was $45.0 million, up 1600.0% from the prior year.
  • Change in Taxes was -$92.0 million for Q1 2026 at APi, down from $46.0 million in the prior quarter.
  • Over five years, Change in Taxes peaked at $69.0 million in Q4 2023 and troughed at -$128.0 million in Q1 2024.
  • Average Change in Taxes over 5 years is $2.3 million, with a median of $41.0 million recorded in 2024.
  • Year-over-year, Change in Taxes soared 176.47% in 2022 and slumped 59.18% in 2024.
  • Over 5 years, Change in Taxes stood at $53.0 million in 2022, then jumped by 30.19% to $69.0 million in 2023, then sank by 40.58% to $41.0 million in 2024, then rose by 12.2% to $46.0 million in 2025, then sank by 300.0% to -$92.0 million in 2026.
  • Per Business Quant data, the three most recent Change in Taxes figures were -$92.0 million in Q1 2026, $46.0 million in Q4 2025, and $55.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Taxes (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 20.40 Mn
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn -
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn -
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn -
5 APi 18.02 Bn 17.38 Bn 620.00 Mn -92.00 Mn
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn -
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn -
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn -
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn -
10 Tetra Tech 7.59 Bn 7.37 Bn 214.09 Mn -16.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -92.00 Mn
Mar 31, 2026 -92.00 Mn
Dec 31, 2025 46.00 Mn
Dec 31, 2025 46.00 Mn
Sep 30, 2025 55.00 Mn
Sep 30, 2025 55.00 Mn
Jun 30, 2025 39.00 Mn
Jun 30, 2025 39.00 Mn
Mar 31, 2025 -95.00 Mn
Mar 31, 2025 -95.00 Mn
Dec 31, 2024 41.00 Mn
Dec 31, 2024 41.00 Mn
Sep 30, 2024 64.00 Mn
Sep 30, 2024 64.00 Mn
Jun 30, 2024 20.00 Mn
Jun 30, 2024 20.00 Mn
Mar 31, 2024 -128.00 Mn
Mar 31, 2024 -128.00 Mn
Dec 31, 2023 69.00 Mn
Dec 31, 2023 69.00 Mn