Growth Metrics

APi (APG) Cost of Revenue (2019 - 2025)

APi (APG) has disclosed Cost of Revenue for 7 consecutive years, with $1.4 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 11.9% year-over-year to $1.4 billion, compared with a TTM value of $5.4 billion through Dec 2025, up 12.07%, and an annual FY2025 reading of $5.4 billion, up 12.07% over the prior year.
  • Cost of Revenue was $1.4 billion for Q4 2025 at APi, roughly flat from $1.4 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $1.4 billion in Q4 2025 and bottomed at $622.0 million in Q1 2021.
  • Average Cost of Revenue over 5 years is $1.2 billion, with a median of $1.2 billion recorded in 2022.
  • The sharpest move saw Cost of Revenue decreased 10.63% in 2021, then surged 76.05% in 2022.
  • Year by year, Cost of Revenue stood at $838.0 million in 2021, then surged by 47.97% to $1.2 billion in 2022, then increased by 0.89% to $1.3 billion in 2023, then rose by 2.8% to $1.3 billion in 2024, then grew by 11.9% to $1.4 billion in 2025.
  • Business Quant data shows Cost of Revenue for APG at $1.4 billion in Q4 2025, $1.4 billion in Q3 2025, and $1.4 billion in Q2 2025.