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
DateValue
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