API Group Corporation (NYSE: APG) has reported impressive financial results for the fourth quarter and full year ended December 31, 2025. The company achieved record fourth quarter net revenues of $2.1 billion, representing year-over-year growth of 14% and year-over-year organic growth of 11%. Additionally, the company reported a record fourth quarter adjusted EBITDA of $295 million, representing year-over-year growth of 22% and adjusted EBITDA margin expansion of 90 basis points to 13.9%.
For the full year 2025, API Group reported a 12.7% increase in net revenues, with organic growth of 7.9%. The reported net income for the full year was a record $302 million, representing a 20.8% increase from the previous year.
The company's Safety Services segment reported a 10.6% increase in net revenues for the fourth quarter of 2025, and a 6.6% organic growth. The Specialty Services segment also performed well, with a 20.7% increase in net revenues for the fourth quarter of 2025.
Looking ahead, API Group announced initial 2026 guidance, expecting net revenues of $8,400 to $8,600 million and adjusted EBITDA of $1,140 to $1,200 million for the full year 2026.
The company's strong financial performance reflects its recurring revenue, services-focused business model and successful execution of its strategic targets. API's ability to deliver value for its stakeholders is evident in its record financial results and positive momentum as it enters 2026. Today the company's shares have moved 0.66% to a price of $42.82. If you want to know more, read the company's complete 8-K report here.
