Filing Flows › APi Group (APG) › Guidance history
APi Group (APG) guidance history: what it guided and what it reported
APi Group gave guidance in 12 earnings releases on file since Aug 1, 2024. Of 2 guided periods since reported, it met or beat its own guidance twice (100%). Revenue: 2 of 2, on average +3.6% against the guided midpoint. Its releases raised guidance 9 times and lowered it once.
Revenue
Met or beat 2 of 2 periods (1 above, 1 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $8.4B–$8.6B (Feb 17, 2026) | — | to be reported | — |
| FY2025 | $7.3B–$7.5B (Feb 19, 2025) | $7.9B | above the range | +6.9% |
| FY2024 | $7.0B (Oct 31, 2024) | $7.0B | within the range | +0.3% |
Adjusted tax rate
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q3 2026 | 23.0% (Jul 30, 2026) | — | — | — |
| Q2 2026 | 23.0% (Apr 30, 2026) | — | — | — |
| FY2026 | 23.0% (Feb 25, 2026) | — | to be reported | — |
| Q3 2025 | 23.0% (Jul 31, 2025) | — | — | — |
| Q2 2025 | 23.0% (May 1, 2025) | — | — | — |
| FY2025 | 23.0% (Feb 26, 2025) → reaffirmed 23.0% (Oct 30, 2025) | — | — | — |
| FY2024 | 23.0% (Oct 31, 2024) | — | — | — |
| Q3 2024 | 23.0% (Aug 1, 2024) | — | — | — |
Adjusted EBITDA
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q3 2026 | $1.2B–$1.2B (Jul 30, 2026) | — | — | — |
| Q2 2026 | $1.1B–$1.2B (Apr 30, 2026) | — | — | — |
| Q3 2025 | $1.0B–$1.0B (Jul 31, 2025) | — | — | — |
| Q2 2025 | $985M–$1.0B (May 1, 2025) | — | — | — |
| FY2024 | $890M–$900M (Oct 31, 2024) | — | — | — |
| Q3 2024 | $885M–$915M (Aug 1, 2024) | — | — | — |
Adjusted EBITDA margin
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 13.0% (Feb 17, 2026) → raised 13.2% (Feb 25, 2026) | — | to be reported | — |
| Q2 2025 | 13.0% (May 1, 2025) | — | — | — |
| FY2025 | 13.0% (Feb 19, 2025) | — | — | — |
The latest quarter
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
Does APi Group beat its guidance?
APi Group gave guidance in 12 earnings releases on file since Aug 1, 2024. Of 2 guided periods since reported, it met or beat its own guidance twice (100%). Revenue: 2 of 2, on average +3.6% against the guided midpoint.
How often does APi Group raise guidance?
Its earnings releases raised guidance 9 times and lowered it once since Aug 1, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.