8 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $7.9B | $302M | 31.4% | 7.0% | $663M | $2.8B | $912M |
| 2024 | $7.0B | $250M | 31.0% | 6.9% | $536M | $2.8B | $499M |
| 2023 | $6.9B | $153M | 28.0% | 5.2% | $428M | $2.3B | $479M |
| 2022 | $6.6B | $73M | 26.1% | 2.5% | $191M | $2.8B | $605M |
| 2021 | $3.9B | $47M | 23.8% | 3.5% | $127M | $1.8B | $1.2B |
| 2020 | $3.6B | -$153M | 21.1% | -4.6% | $458M | $1.4B | $515M |
| 2019 | $985M | -$153M | 20.1% | -16.3% | $139M | $1.2B | $256M |
| 2018 | $3.7B | $136M | 21.1% | 4.3% | $38M | — | $54M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $2.0B | $57M | 31.3% | 5.2% | $67M | $2.8B | $645M |
| Dec '25 | $2.1B | $97M | 32.0% | 7.7% | $356M | $2.8B | $912M |
| Sep '25 | $2.1B | $93M | 31.3% | 7.8% | $201M | $2.8B | $555M |
| Jun '25 | $2.0B | $77M | 30.9% | 7.2% | $56M | $2.8B | $432M |
| Mar '25 | $1.7B | $35M | 31.5% | 4.9% | $50M | $2.8B | $460M |
| Dec '24 | $1.9B | $67M | 30.9% | 6.2% | $265M | $2.8B | $499M |
| Sep '24 | $1.8B | $69M | 31.1% | 7.8% | $198M | $2.9B | $487M |
| Jun '24 | $1.7B | $69M | 31.4% | 7.3% | $88M | $2.8B | $324M |
| Mar '24 | $1.6B | $45M | 30.7% | 6.2% | -$15M | $2.7B | $247M |
| Dec '23 | $1.8B | $25M | 28.9% | 4.3% | $275M | $2.3B | $479M |
| Sep '23 | $1.8B | $54M | 28.6% | 5.8% | $126M | $2.6B | $461M |
| Jun '23 | $1.8B | $48M | 28.0% | 6.0% | $49M | $2.6B | $368M |
| Mar '23 | $1.6B | $26M | 26.3% | 4.5% | -$22M | $2.6B | $363M |
| Dec '22 | $1.7B | $22M | 27.2% | 2.9% | $169M | $2.8B | $605M |
| Sep '22 | $1.7B | $28M | 25.4% | 3.5% | $120M | $2.8B | $395M |
| Jun '22 | $1.6B | $30M | 26.4% | 3.6% | $32M | $2.8B | $330M |
| Mar '22 | $1.5B | -$7M | 25.6% | -0.5% | -$130M | $2.8B | $315M |
| Dec '21 | $1.1B | $15M | 24.6% | 4.5% | $102M | $1.8B | $1.2B |
| Sep '21 | $1.0B | $19M | 24.1% | 3.9% | $40M | $1.5B | $1.1B |
| Jun '21 | $978M | $21M | 23.7% | 4.8% | -$29M | $1.5B | $686M |
How the market has priced APG against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Api Group Corp's revenue has grown 17.1% per year. These are computed facts, not advice.
As of FY2025, Api Group Corp reported $2.8B of total debt against $912M of cash.
In FY2025, gross margin was 31.4%, operating margin 7.0%, and net margin 3.8%.
As of Jun '26, Api Group Corp traded at a price-to-earnings ratio of about 59.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.