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Side-by-side financial comparison of APi Group Corp (APG) and Triumph Financial, Inc. (TFIN). Click either name above to swap in a different company.

Triumph Financial, Inc. is the larger business by last-quarter revenue ($2.4B vs $2.1B, roughly 1.1× APi Group Corp). APi Group Corp runs the higher net margin — 4.6% vs 0.3%, a 4.3% gap on every dollar of revenue. On growth, APi Group Corp posted the faster year-over-year revenue change (13.8% vs 2.6%). Over the past eight quarters, Triumph Financial, Inc.'s revenue compounded faster (377.6% CAGR vs 15.0%).

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.

The Triumph Motor Company was a British car and motor manufacturing company in the 19th and 20th centuries. The marque had its origins in 1885 when Siegfried Bettmann of Nuremberg formed S. Bettmann & Co. and started importing bicycles from Europe and selling them under his own trade name in London. The trade name became "Triumph" the following year, and in 1887 Bettmann was joined by a partner, Moritz Schulte, also from Germany. In 1889, the businessmen started producing their own bicycles i...

APG vs TFIN — Head-to-Head

Bigger by revenue
TFIN
TFIN
1.1× larger
TFIN
$2.4B
$2.1B
APG
Growing faster (revenue YoY)
APG
APG
+11.2% gap
APG
13.8%
2.6%
TFIN
Higher net margin
APG
APG
4.3% more per $
APG
4.6%
0.3%
TFIN
Faster 2-yr revenue CAGR
TFIN
TFIN
Annualised
TFIN
377.6%
15.0%
APG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
APG
APG
TFIN
TFIN
Revenue
$2.1B
$2.4B
Net Profit
$97.0M
$6.4M
Gross Margin
32.0%
86.1%
Operating Margin
7.7%
Net Margin
4.6%
0.3%
Revenue YoY
13.8%
2.6%
Net Profit YoY
44.8%
-66.9%
EPS (diluted)
$-1.16
$0.23

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
TFIN
TFIN
Q1 26
$2.4B
Q4 25
$2.1B
$120.1M
Q3 25
$2.1B
$109.3M
Q2 25
$2.0B
$108.1M
Q1 25
$1.7B
$101.6M
Q4 24
$1.9B
$103.6M
Q3 24
$1.8B
$106.2M
Q2 24
$1.7B
$105.1M
Net Profit
APG
APG
TFIN
TFIN
Q1 26
$6.4M
Q4 25
$97.0M
Q3 25
$93.0M
$1.7M
Q2 25
$77.0M
$4.4M
Q1 25
$35.0M
$17.0K
Q4 24
$67.0M
$3.8M
Q3 24
$69.0M
$5.3M
Q2 24
$69.0M
$2.7M
Gross Margin
APG
APG
TFIN
TFIN
Q1 26
86.1%
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
TFIN
TFIN
Q1 26
Q4 25
7.7%
Q3 25
7.8%
1.2%
Q2 25
7.2%
7.3%
Q1 25
4.9%
0.1%
Q4 24
6.2%
5.6%
Q3 24
7.8%
5.9%
Q2 24
7.3%
3.4%
Net Margin
APG
APG
TFIN
TFIN
Q1 26
0.3%
Q4 25
4.6%
Q3 25
4.5%
1.6%
Q2 25
3.9%
4.1%
Q1 25
2.0%
0.0%
Q4 24
3.6%
3.7%
Q3 24
3.8%
5.0%
Q2 24
4.0%
2.6%
EPS (diluted)
APG
APG
TFIN
TFIN
Q1 26
$0.23
Q4 25
$-1.16
Q3 25
$0.20
$0.04
Q2 25
$0.16
$0.15
Q1 25
$0.11
$-0.03
Q4 24
$0.05
$0.13
Q3 24
$0.23
$0.19
Q2 24
$0.22
$0.08

Balance Sheet & Financial Strength

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

Metric
APG
APG
TFIN
TFIN
Cash + ST InvestmentsLiquidity on hand
$912.0M
Total DebtLower is stronger
$2.8B
Stockholders' EquityBook value
$3.4B
$950.7M
Total Assets
$8.9B
$6.9B
Debt / EquityLower = less leverage
0.81×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APG
APG
TFIN
TFIN
Q1 26
Q4 25
$912.0M
$248.5M
Q3 25
$555.0M
$147.2M
Q2 25
$432.0M
$282.3M
Q1 25
$460.0M
$502.9M
Q4 24
$499.0M
$330.1M
Q3 24
$487.0M
$489.3M
Q2 24
$324.0M
$500.7M
Total Debt
APG
APG
TFIN
TFIN
Q1 26
Q4 25
$2.8B
Q3 25
$2.8B
Q2 25
$2.8B
Q1 25
$2.8B
Q4 24
$2.8B
Q3 24
$2.9B
Q2 24
$2.8B
Stockholders' Equity
APG
APG
TFIN
TFIN
Q1 26
$950.7M
Q4 25
$3.4B
$941.8M
Q3 25
$3.3B
$919.3M
Q2 25
$3.2B
$912.4M
Q1 25
$3.0B
$893.9M
Q4 24
$3.0B
$890.9M
Q3 24
$3.0B
$885.8M
Q2 24
$2.8B
$874.2M
Total Assets
APG
APG
TFIN
TFIN
Q1 26
$6.9B
Q4 25
$8.9B
$6.4B
Q3 25
$8.7B
$6.4B
Q2 25
$8.5B
$6.5B
Q1 25
$8.1B
$6.3B
Q4 24
$8.2B
$5.9B
Q3 24
$8.2B
$5.9B
Q2 24
$8.0B
$5.8B
Debt / Equity
APG
APG
TFIN
TFIN
Q1 26
Q4 25
0.81×
Q3 25
0.84×
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
TFIN
TFIN
Operating Cash FlowLast quarter
$382.0M
Free Cash FlowOCF − Capex
$356.0M
FCF MarginFCF / Revenue
16.8%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
3.94×
TTM Free Cash FlowTrailing 4 quarters
$663.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APG
APG
TFIN
TFIN
Q1 26
Q4 25
$382.0M
$67.1M
Q3 25
$232.0M
$24.4M
Q2 25
$83.0M
$9.8M
Q1 25
$62.0M
$-3.6M
Q4 24
$283.0M
$58.5M
Q3 24
$220.0M
$26.6M
Q2 24
$110.0M
$21.9M
Free Cash Flow
APG
APG
TFIN
TFIN
Q1 26
Q4 25
$356.0M
Q3 25
$201.0M
$22.4M
Q2 25
$56.0M
$6.8M
Q1 25
$50.0M
$-7.9M
Q4 24
$265.0M
Q3 24
$198.0M
$25.8M
Q2 24
$88.0M
$-31.9M
FCF Margin
APG
APG
TFIN
TFIN
Q1 26
Q4 25
16.8%
Q3 25
9.6%
20.5%
Q2 25
2.8%
6.2%
Q1 25
2.9%
-7.7%
Q4 24
14.2%
Q3 24
10.8%
24.3%
Q2 24
5.1%
-30.3%
Capex Intensity
APG
APG
TFIN
TFIN
Q1 26
Q4 25
1.2%
Q3 25
1.5%
1.8%
Q2 25
1.4%
2.8%
Q1 25
0.7%
4.2%
Q4 24
1.0%
Q3 24
1.2%
0.8%
Q2 24
1.3%
51.1%
Cash Conversion
APG
APG
TFIN
TFIN
Q1 26
Q4 25
3.94×
Q3 25
2.49×
14.29×
Q2 25
1.08×
2.22×
Q1 25
1.77×
-212.82×
Q4 24
4.22×
15.25×
Q3 24
3.19×
4.97×
Q2 24
1.59×
7.95×

Financial Flow Comparison

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

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