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| Date | Value |
|---|---|
| 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 |