Below are the financial statements of APi Group, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net revenues | 7,018a | 6,928a | 6,558a |
| Cost of revenues | -4,840a | -4,988a | -4,844a |
| Gross profit | 2,178a | 1,940a | 1,714a |
| Selling, general, and administrative expenses | -1,694a | -1,581a | -1,552a |
| Operating income | 484a | 359a | 162a |
| Interest expense, net | -146a | -145a | -125a |
| Loss (gain) on extinguishment of debt, net | 1a | 7a | -5a |
| Investment expense (income) and other, net | 7a | -25a | -51a |
| Other expense, net | -154a | -127a | -69a |
| Income before income taxes | 330a | 232a | 93a |
| Income tax provision | -80a | -79a | -20a |
| Net income | 250a | 153a | 73a |
| Net (loss) income attributable to common shareholders | — | — | — |
| Accrued stock dividend on Series A Preferred Stock | -95a | -270a | 0a |
| Stock dividend on Series B Preferred Stock | -7a | -44a | -44a |
| Stock conversion of Series B Preferred Stock | -372a | 0a | 0a |
| Net (loss) income attributable to common shareholders | -224a | -161a | 29a |
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