Flagship explainer
How APi Group Corporation makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $7.9B | 100% |
| |
| Cost of revenue | $5.4B | 69% |
|
| $2.5B | 31% |
| |
| $554M | 7% |
| |
| Income before tax | $413M | 5% |
|
| Income tax | $111M | 1% |
|
| $302M | 4% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001628280-26-011620