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APi Group (APG) gross margin by quarter

APi Group's gross margin was 30.1% in Q3 2026 (third quarter 2026), -1.0 pts from Q2 2026. Over the last 7 quarters it ranged from 30.1% (Q3 2026) to 32.0% (Q4 2025).

APi Group gross margin by quarterAPi Group gross margin by quarter31.5%Q1 202530.9%Q2 202531.3%Q3 202532.0%Q4 202531.3%Q1 202631.2%Q2 202630.1%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202630.1%-1.0 pts-1.1 pts
Q2 202631.2%-0.1 pts+0.3 pts
Q1 202631.3%-0.7 pts-0.2 pts
Q4 202532.0%+0.8 pts—
Q3 202531.3%+0.4 pts—
Q2 202530.9%-0.6 pts—
Q1 202531.5%——

Q3 2026 at a glance

APi Group, Q3 2026: revenue $2.6B (+22% year over year), operating margin 7.9%, net earnings $114M, operating cash flow $225M. The chart follows the revenue to costs, profit and cash.

Questions

What is APi Group's gross margin?

APi Group's gross margin was 30.1% in Q3 2026 (third quarter 2026), -1.0 pts from Q2 2026.

How has APi Group's gross margin changed?

Over the last 7 quarters it ranged from 30.1% (Q3 2026) to 32.0% (Q4 2025).

Q3 2026 results → · How APi Group makes money →