APi Group (APG) Shows Commitment Towards AI-Related Initiatives [Yahoo! Finance]
APi Group Corporation (APG)
Company Research
Source: Yahoo! Finance
On March 17, APi Group Corp. (NYSE:APG) executives outlined their path towards exceeding $10 billion in revenue by 2028 at JPMorgan's Industrials Conference. The company targets 60% recurring revenue and more than 16% in adjusted EBITDA margin. Chief Financial Officer David Jackola emphasized a decentralized model across more than 500 locations. A cost-saving program of around $125 million was also implemented in the organization's Chubb International business unit. The percentage of data center revenue grew to 8% in 2025 and is expected to reach 10% in 2026. One of the several key initiatives taken by the company leaders was a heavy investment in AI-related technology, such as those that help keep track of customer attrition, as well as voice recording for field service technicians. According to Jackola, the company would invest in bolt-on acquisitions of companies dealing in fire safety, as well as elevators, with a target of reaching $1 billion in elevator platform sales. AP
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APG
News
- APi Group Announces the Acquisition of Wtech Fire Group [Yahoo! Finance]Yahoo! Finance
- APi Group Announces the Acquisition of Wtech Fire GroupBusiness Wire
- APi Group Confirms Date of First Quarter 2026 Earnings ReleaseBusiness Wire
- How APi Group (APG) Is Rewriting Its Story Around Guidance M&A And Data Centers [Yahoo! Finance]Yahoo! Finance
- Royce Global Trust (NYSE: RGT) as of Feb 28, 2026 [Yahoo! Finance]Yahoo! Finance
APG
Earnings
- 2/25/26 - Beat
APG
Sec Filings
- 4/3/26 - Form DEF
- 4/3/26 - Form ARS
- 4/3/26 - Form DEFA14A
- APG's page on the SEC website