APi (APG) Operating Expenses (2019 - 2026)

APi (APG) has reported Operating Expenses for 8 consecutive years, with $517.0 million the latest figure, recorded in Q1 2026.

• Operating Expenses for Q1 2026 came in at $517.0 million, up 12.88% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.0 billion (up 13.18% YoY), and the FY2025 annual result was $1.9 billion, up 14.11% from the prior year.
• Operating Expenses was $517.0 million for Q1 2026 at APi, up from $514.0 million in the prior quarter.
• Over five years, Operating Expenses peaked at $517.0 million in Q1 2026 and troughed at $352.0 million in Q1 2023.
• Average Operating Expenses over 5 years is $428.1 million, with a median of $418.0 million recorded in 2024.
• Year-over-year, Operating Expenses jumped 109.29% in 2022 and decreased 8.09% in 2023.
• Over 5 years, Operating Expenses stood at $414.0 million in 2022, then increased by 4.59% to $433.0 million in 2023, then grew by 6.0% to $459.0 million in 2024, then increased by 11.98% to $514.0 million in 2025, then gained by 0.58% to $517.0 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $517.0 million in Q1 2026, $514.0 million in Q4 2025, and $489.0 million in Q3 2025.