APi Group beats Q3 revenue forecasts and lifts 2026 outlook
APi Group reported Q3 revenue of $2.55 billion and adjusted EPS of $0.50, both above estimates, and raised its 2026 revenue and EBITDA guidance.
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what happened
APi Group, a US safety and specialty services company, reported third-quarter revenue up 22.5% to $2.55 billion, according to Reuters. That was above the $2.40 billion analysts had expected.
Adjusted earnings per share rose 22% to $0.50, compared with a consensus of $0.47. The company credited demand for inspection, service and monitoring work, along with project activity and higher pricing in both segments.
APi raised its 2026 net revenue guidance to $9.2-9.25 billion from $8.88-9.03 billion, and its adjusted EBITDA outlook to $1.24-1.26 billion from $1.21-1.25 billion. It also expects adjusted free cash flow conversion of 110% based on adjusted net income.
why it matters
For investors in construction and engineering services, the report is a signal of steady demand for inspection and maintenance work. The higher revenue and EBITDA guidance suggests the company sees activity holding up through 2026.
tags
instruments
sources
- APi Group beats Q3 revenue estimates on inspection, service demand, raises FY outlook — Reuters, 29 October 2026 at 11:42 UTC
- ATI Inc beats Q3 revenue estimates on aerospace & defense demand, raises FY outlook — Reuters, 29 October 2026 at 11:46 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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