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Side-by-side financial comparison of APi Group Corp (APG) and Paramount Skydance Corporation (PSKY). Click either name above to swap in a different company.

Paramount Skydance Corporation is the larger business by last-quarter revenue ($4.1B vs $2.1B, roughly 1.9× APi Group Corp). APi Group Corp runs the higher net margin — 4.6% vs -0.3%, a 4.9% gap on every dollar of revenue. On growth, APi Group Corp posted the faster year-over-year revenue change (10.6% vs -38.8%). APi Group Corp produced more free cash flow last quarter ($356.0M vs $222.0M).

X.AI Corp., doing business as xAI, is an American company working in the area of artificial intelligence (AI), social media and technology that is a wholly owned subsidiary of American aerospace company SpaceX. Founded by Elon Musk in 2023, the company's flagship products are the generative AI chatbot named Grok and the social media platform X, the latter of which they acquired in March 2025.

Paramount Skydance Corporation is an American multinational mass media and entertainment conglomerate. The company is headquartered at the Paramount Pictures lot in the Hollywood neighborhood of Los Angeles, California, with multiple of Paramount's divisions and subsidiaries, as well as one of Paramount's major offices and meeting places, being headquartered at the previous Paramount Global headquarters at One Astor Plaza in New York City.

APG vs PSKY — Head-to-Head

Bigger by revenue
PSKY
PSKY
1.9× larger
PSKY
$4.1B
$2.1B
APG
Growing faster (revenue YoY)
APG
APG
+49.3% gap
APG
10.6%
-38.8%
PSKY
Higher net margin
APG
APG
4.9% more per $
APG
4.6%
-0.3%
PSKY
More free cash flow
APG
APG
$134.0M more FCF
APG
$356.0M
$222.0M
PSKY

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
APG
APG
PSKY
PSKY
Revenue
$2.1B
$4.1B
Net Profit
$97.0M
$-13.0M
Gross Margin
32.0%
Operating Margin
7.7%
5.9%
Net Margin
4.6%
-0.3%
Revenue YoY
10.6%
-38.8%
Net Profit YoY
-1400.0%
EPS (diluted)
$-1.19
$-0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APG
APG
PSKY
PSKY
Q1 26
$2.1B
Q4 25
$2.1B
Q3 25
$2.1B
$4.1B
Q2 25
$2.0B
$0
Q1 25
$1.7B
$0
Q4 24
$1.9B
Q3 24
$1.8B
$6.7B
Q2 24
$1.7B
$0
Net Profit
APG
APG
PSKY
PSKY
Q1 26
$97.0M
Q4 25
$97.0M
Q3 25
$93.0M
$-13.0M
Q2 25
$77.0M
$0
Q1 25
$35.0M
$0
Q4 24
$67.0M
Q3 24
$69.0M
$1.0M
Q2 24
$69.0M
$0
Gross Margin
APG
APG
PSKY
PSKY
Q1 26
32.0%
Q4 25
32.0%
Q3 25
31.3%
Q2 25
30.9%
Q1 25
31.5%
Q4 24
30.9%
Q3 24
31.1%
Q2 24
31.4%
Operating Margin
APG
APG
PSKY
PSKY
Q1 26
7.7%
Q4 25
7.7%
Q3 25
7.8%
5.9%
Q2 25
7.2%
Q1 25
4.9%
Q4 24
6.2%
Q3 24
7.8%
5.0%
Q2 24
7.3%
Net Margin
APG
APG
PSKY
PSKY
Q1 26
4.6%
Q4 25
4.6%
Q3 25
4.5%
-0.3%
Q2 25
3.9%
Q1 25
2.0%
Q4 24
3.6%
Q3 24
3.8%
0.0%
Q2 24
4.0%
EPS (diluted)
APG
APG
PSKY
PSKY
Q1 26
$-1.19
Q4 25
$-1.16
Q3 25
$0.20
$-0.01
Q2 25
$0.16
$0.00
Q1 25
$0.11
$0.00
Q4 24
$0.05
Q3 24
$0.23
$0.00
Q2 24
$0.22
$0.00

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APG
APG
PSKY
PSKY
Cash + ST InvestmentsLiquidity on hand
$912.0M
$3.3B
Total DebtLower is stronger
$2.8B
$13.3B
Stockholders' EquityBook value
$3.4B
$12.0B
Total Assets
$8.9B
$43.2B
Debt / EquityLower = less leverage
0.81×
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APG
APG
PSKY
PSKY
Q1 26
$912.0M
Q4 25
$912.0M
Q3 25
$555.0M
$3.3B
Q2 25
$432.0M
Q1 25
$460.0M
Q4 24
$499.0M
Q3 24
$487.0M
Q2 24
$324.0M
Total Debt
APG
APG
PSKY
PSKY
Q1 26
$2.8B
Q4 25
$2.8B
Q3 25
$2.8B
$13.3B
Q2 25
$2.8B
Q1 25
$2.8B
Q4 24
$2.8B
Q3 24
$2.9B
Q2 24
$2.8B
Stockholders' Equity
APG
APG
PSKY
PSKY
Q1 26
$3.4B
Q4 25
$3.4B
Q3 25
$3.3B
$12.0B
Q2 25
$3.2B
$0
Q1 25
$3.0B
$0
Q4 24
$3.0B
Q3 24
$3.0B
$17.1B
Q2 24
$2.8B
$0
Total Assets
APG
APG
PSKY
PSKY
Q1 26
$8.9B
Q4 25
$8.9B
Q3 25
$8.7B
$43.2B
Q2 25
$8.5B
$0
Q1 25
$8.1B
$0
Q4 24
$8.2B
Q3 24
$8.2B
Q2 24
$8.0B
Debt / Equity
APG
APG
PSKY
PSKY
Q1 26
0.81×
Q4 25
0.81×
Q3 25
0.84×
1.11×
Q2 25
0.87×
Q1 25
0.92×
Q4 24
0.93×
Q3 24
0.96×
Q2 24
1.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APG
APG
PSKY
PSKY
Operating Cash FlowLast quarter
$759.0M
$268.0M
Free Cash FlowOCF − Capex
$356.0M
$222.0M
FCF MarginFCF / Revenue
16.8%
5.4%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
7.82×
TTM Free Cash FlowTrailing 4 quarters
$969.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APG
APG
PSKY
PSKY
Q1 26
$759.0M
Q4 25
$382.0M
Q3 25
$232.0M
$268.0M
Q2 25
$83.0M
$0
Q1 25
$62.0M
$0
Q4 24
$283.0M
Q3 24
$220.0M
Q2 24
$110.0M
$0
Free Cash Flow
APG
APG
PSKY
PSKY
Q1 26
$356.0M
Q4 25
$356.0M
Q3 25
$201.0M
$222.0M
Q2 25
$56.0M
Q1 25
$50.0M
Q4 24
$265.0M
Q3 24
$198.0M
Q2 24
$88.0M
FCF Margin
APG
APG
PSKY
PSKY
Q1 26
16.8%
Q4 25
16.8%
Q3 25
9.6%
5.4%
Q2 25
2.8%
Q1 25
2.9%
Q4 24
14.2%
Q3 24
10.8%
Q2 24
5.1%
Capex Intensity
APG
APG
PSKY
PSKY
Q1 26
Q4 25
1.2%
Q3 25
1.5%
1.1%
Q2 25
1.4%
Q1 25
0.7%
Q4 24
1.0%
Q3 24
1.2%
Q2 24
1.3%
Cash Conversion
APG
APG
PSKY
PSKY
Q1 26
7.82×
Q4 25
3.94×
Q3 25
2.49×
Q2 25
1.08×
Q1 25
1.77×
Q4 24
4.22×
Q3 24
3.19×
Q2 24
1.59×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APG
APG

Segment breakdown not available.

PSKY
PSKY

Affiliate And Subscription$2.0B49%
Advertising$1.3B31%
Licensing And Other$775.0M19%
Related Party$40.0M1%
Theatrical$39.0M1%

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