APi Group raises 2026 revenue and EBITDA guidance after 15.3% first-quarter sales growth
APi Group reported first-quarter 2026 net revenues of $1.98 billion, up 15.3% from a year earlier, or 10.4% on an organic basis. Net income rose 62.9% to $57 million, and adjusted diluted EPS rose 28.0% to $0.32. The company raised its full-year 2026 guidance for net revenues and adjusted EBITDA.
Key points
- Adjusted EBITDA rose 21.8% to $235 million, and adjusted EBITDA margin increased 70 basis points to 11.9%.
- Full-year 2026 net revenue guidance was raised to $8.475 billion to $8.675 billion, from $8.400 billion to $8.600 billion.
- Full-year 2026 adjusted EBITDA guidance was raised to $1.150 billion to $1.210 billion, from $1.140 billion to $1.200 billion.
- Second-quarter 2026 guidance calls for net revenues of $2.175 billion to $2.225 billion and adjusted EBITDA of $300 million to $310 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.