APi (APG) Operating Expenses (2019 - 2026)

APi has reported Operating Expenses for 8 years, with the latest figure at $517.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 12.88% year-over-year to $517.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.0 billion (up 13.18% YoY), and the FY2025 full-year result was $1.9 billion, up 14.11% from the prior year.
• Operating Expenses for Q1 2026 stood at $517.0 million, up from $514.0 million in the prior quarter.
• The five-year high for Operating Expenses was $517.0 million in Q1 2026, with the low at $352.0 million in Q1 2023.
• Historically, Operating Expenses has averaged $428.1 million across 5 years, with a median of $418.0 million in 2024.
• Annual changes were most pronounced in 2022 — Operating Expenses surged 109.29% — and 2023, when it fell 8.09%.
• APi's Operating Expenses stood at $414.0 million in 2022, then advanced by 4.59% to $433.0 million in 2023, then gained by 6.0% to $459.0 million in 2024, then advanced by 11.98% to $514.0 million in 2025, then grew by 0.58% to $517.0 million in 2026.
• The last three Operating Expenses figures came in at $517.0 million (Q1 2026), $514.0 million (Q4 2025), and $489.0 million (Q3 2025), per Business Quant data.