APi (APG) Operating Income (2019 - 2026)
APi (APG) reported Operating Income of $202 million for Q3 2026, up 23.9% from $163 million a year earlier and up 15.4% from the prior quarter.
APi (APG) Operating Income (2019 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, APi's Operating Income came in at $644 million, up 27.3% year-over-year; for FY2025, it came in at $554 million, up 14.5% from FY2024.
- Operating Income has increased for four consecutive years.
- By year, Operating Income came in at $484 million in FY2024 (+34.8%), $359 million in FY2023 (+121.6%), $162 million in FY2022 (+19.1%) and $136 million in FY2021.
- The Q3 2026 figure ranks as the highest quarterly Operating Income in data going back to Q1 2019.
- Year over year, Operating Income has now increased in each of the last six quarters, with growth averaging 22.2% over the last eight quarters.
- The high point for year-over-year Operating Income in five years was Q2 2023 (growth of 81.4%); the low point was Q1 2025 (a decline of 16.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $175 million (Q2 2026), $103 million (Q1 2026) and $164 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 154.21 Bn | 112.14 Bn | 5.98 Bn | 2.86 Bn |
| 2 | Cintas | 91.35 Bn | 90.43 Bn | 1.55 Bn | 711.89 Mn |
| 3 | Iron Mountain | 33.36 Bn | 32.55 Bn | 1.06 Bn | 410.57 Mn |
| 4 | APi | 18.61 Bn | 15.83 Bn | 770.00 Mn | 202.00 Mn |
| 5 | Rollins | 18.45 Bn | 17.99 Bn | 582.90 Mn | 222.86 Mn |
| 6 | UL Solutions | 16.47 Bn | 14.50 Bn | 423.00 Mn | 162.00 Mn |
| 7 | Aramark | 13.88 Bn | 11.82 Bn | 430.34 Mn | 215.59 Mn |
| 8 | Rentokil Initial | 12.08 Bn | 5.60 Bn | - | - |
| 9 | Gartner | 12.05 Bn | 5.53 Bn | 1.07 Bn | 281.11 Mn |
| 10 | Booz Allen Hamilton Holding | 10.33 Bn | 7.84 Bn | 1.45 Bn | 245.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 202.00 Mn |
| Jun 30, 2026 | 175.00 Mn |
| 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 | 59.00 Mn |
| Mar 31, 2022 | -7.00 Mn |
| Dec 31, 2021 | 50.00 Mn |
APi Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=APG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "APG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=APG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();