APi (APG) Operating Income (2019 - 2026)
APi (APG) posted Operating Income of $103.0 million for Q1 2026, down 37.2% quarter-over-quarter from $164.0 million in Q4 2025, and up 22.62% year-on-year from $84.0 million in Q1 2025.
APi (APG) Operating Income (2019 - 2026) Analysis & Trends
APi (APG) has reported Operating Income for 8 consecutive years, with $103.0 million the latest figure, recorded in Q1 2026.
- Operating Income for Q1 2026 came in at $103.0 million, up 22.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $573.0 million (up 22.44% YoY), and the FY2025 annual result was $554.0 million, up 14.46% from the prior year.
- Operating Income was $103.0 million for Q1 2026 at APi, down from $164.0 million in the prior quarter.
- Over five years, Operating Income peaked at $164.0 million in Q4 2025 and troughed at -$7.0 million in Q1 2022.
- Average Operating Income over 5 years is $94.4 million, with a median of $103.0 million recorded in 2026.
- Year-over-year, Operating Income tumbled 333.33% in 2022 and jumped 5250.0% in 2023.
- Over 5 years, Operating Income stood at $49.0 million in 2022, then soared by 53.06% to $75.0 million in 2023, then jumped by 54.67% to $116.0 million in 2024, then surged by 41.38% to $164.0 million in 2025, then plunged by 37.2% to $103.0 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $103.0 million in Q1 2026, $164.0 million in Q4 2025, and $163.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Stantec | 7,704.08 Bn | 7,704.08 Bn | 914.10 Mn | 248.10 Mn |
| 2 | Quanta Services | 103.60 Bn | 103.33 Bn | 1.11 Bn | 338.78 Mn |
| 3 | Mastec | 30.47 Bn | 30.31 Bn | 477.90 Mn | 141.80 Mn |
| 4 | Sterling Infrastructure | 23.80 Bn | 23.30 Bn | 194.30 Mn | 137.81 Mn |
| 5 | APi | 18.02 Bn | 17.38 Bn | 620.00 Mn | 103.00 Mn |
| 6 | Jacobs Solutions | 14.73 Bn | 13.35 Bn | 794.89 Mn | -81.18 Mn |
| 7 | IES Holdings | 13.95 Bn | 13.69 Bn | 254.79 Mn | 112.26 Mn |
| 8 | Aecom | 8.61 Bn | 7.78 Bn | 296.50 Mn | 247.76 Mn |
| 9 | Everus Construction | 7.72 Bn | 7.42 Bn | 130.73 Mn | 77.68 Mn |
| 10 | Tetra Tech | 7.59 Bn | 7.37 Bn | 214.09 Mn | 131.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 103.00 Mn |
| Dec 31, 2025 | 164.00 Mn |
| Sep 30, 2025 | 163.00 Mn |
| Jun 30, 2025 | 143.00 Mn |
| Mar 31, 2025 | 84.00 Mn |
| Dec 31, 2024 | 116.00 Mn |
| Sep 30, 2024 | 142.00 Mn |
| Jun 30, 2024 | 126.00 Mn |
| Mar 31, 2024 | 100.00 Mn |
| Dec 31, 2023 | 75.00 Mn |
| Sep 30, 2023 | 104.00 Mn |
| Jun 30, 2023 | 107.00 Mn |
| Mar 31, 2023 | 73.00 Mn |
| Dec 31, 2022 | 49.00 Mn |
| Sep 30, 2022 | 61.00 Mn |
| Jun 30, 2022 | 2.00 Mn |
| Mar 31, 2022 | -7.00 Mn |
| Dec 31, 2021 | -74.00 Mn |
| Sep 30, 2021 | 41.00 Mn |
| Jun 30, 2021 | 6.00 Mn |