APi Group Corporation Q1 2026 Financial Results

APi Group Corporation reported record first quarter net revenues of $2.0 billion, a 15.3% increase year-over-year (10.4% organic growth). Net income rose by 62.9% to $57 million, with diluted EPS at $0.12. Adjusted EBITDA reached a record $235 million, up 21.8% year-over-year, with a margin of 11.9%, an expansion of 70 basis points. The Safety Services segment saw net revenues increase by 11.7% (5.4% organic), while the Specialty Services segment experienced a 25.6% increase (24.8% organic). The company is raising its full-year 2026 guidance for net revenues and adjusted EBITDA. APi also announced the acquisition of CertaSite and signed transactions for Wtech and Onyx, representing over $1 billion in investment to expand its Safety Services segment.