APi (APG) Cost of Revenue (2019 - 2026)

APi (APG) posted Cost of Revenue of $1.4 billion for Q1 2026, down 5.35% quarter-over-quarter from $1.4 billion in Q4 2025, and up 15.72% year-on-year from $1.2 billion in Q1 2025.

APi (APG) Cost of Revenue (2019 - 2026) Analysis & Trends

APi (APG) has reported Cost of Revenue for 8 consecutive years, with $1.4 billion the latest figure, recorded in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $1.4 billion, up 15.72% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.6 billion (up 14.28% YoY), and the FY2025 annual result was $5.4 billion, up 12.07% from the prior year.
  • Cost of Revenue was $1.4 billion for Q1 2026 at APi, down from $1.4 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $1.4 billion in Q4 2025 and troughed at $1.1 billion in Q1 2022.
  • Average Cost of Revenue over 5 years is $1.3 billion, with a median of $1.3 billion recorded in 2024.
  • Year-over-year, Cost of Revenue soared 76.05% in 2022 and dropped 6.98% in 2024.
  • Over 5 years, Cost of Revenue stood at $1.2 billion in 2022, then climbed by 0.89% to $1.3 billion in 2023, then grew by 2.8% to $1.3 billion in 2024, then increased by 11.9% to $1.4 billion in 2025, then retreated by 5.35% to $1.4 billion in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $1.4 billion in Q1 2026, $1.4 billion in Q4 2025, and $1.4 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Stantec 7,704.08 Bn 7,704.08 Bn 914.10 Mn 780.20 Mn
2 Quanta Services 103.60 Bn 103.33 Bn 1.11 Bn 6.77 Bn
3 Mastec 30.47 Bn 30.31 Bn 477.90 Mn 3.35 Bn
4 Sterling Infrastructure 23.80 Bn 23.30 Bn 194.30 Mn 631.38 Mn
5 APi 18.02 Bn 17.38 Bn 620.00 Mn 1.36 Bn
6 Jacobs Solutions 14.73 Bn 13.35 Bn 794.89 Mn 2.90 Bn
7 IES Holdings 13.95 Bn 13.69 Bn 254.79 Mn 719.50 Mn
8 Aecom 8.61 Bn 7.78 Bn 296.50 Mn 3.50 Bn
9 Everus Construction 7.72 Bn 7.42 Bn 130.73 Mn 906.22 Mn
10 Tetra Tech 7.59 Bn 7.37 Bn 214.09 Mn 835.54 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.36 Bn
Mar 31, 2026 1.36 Bn
Dec 31, 2025 1.44 Bn
Dec 31, 2025 1.44 Bn
Sep 30, 2025 1.43 Bn
Sep 30, 2025 1.43 Bn
Jun 30, 2025 1.38 Bn
Jun 30, 2025 1.38 Bn
Mar 31, 2025 1.18 Bn
Mar 31, 2025 1.18 Bn
Dec 31, 2024 1.29 Bn
Dec 31, 2024 1.29 Bn
Sep 30, 2024 1.26 Bn
Sep 30, 2024 1.26 Bn
Jun 30, 2024 1.19 Bn
Jun 30, 2024 1.19 Bn
Mar 31, 2024 1.11 Bn
Mar 31, 2024 1.11 Bn
Dec 31, 2023 1.25 Bn
Dec 31, 2023 1.25 Bn