APi Group Corporation (APG) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.136 Good morning, ladies and gentlemen, and welcome to API Group's fourth quarter and full 00:00:05.136 -- 00:00:09.600 year 2025 financial results conference call. 00:00:09.600 -- 00:00:15.226 All participants are now in a listen-only mode until the question and answer session. 00:00:15.226 -- 00:00:19.991 We ask that all participants limit themselves to one question during the question and 00:00:19.991 -- 00:00:24.615 answer session. Please note, this call is being recorded. 00:00:24.615 -- 00:00:28.010 I will be standing by should you need any assistance. 00:00:28.010 -- 00:00:33.237 I will now turn the call over to Adam Fee, Vice President of Investor Relations 00:00:33.237 -- 00:00:37.080 at API Group. Please go ahead. 00:00:37.183 -- 00:00:41.088 Thank you. Good morning, everyone, and thank you for joining our fourth quarter 2025 00:00:41.088 -- 00:00:46.095 earnings conference call. Joining me on the call today is Russ Becker, our 00:00:46.095 -- 00:00:50.841 President and CEO, and David Giacola, our Executive Vice President and Chief Financial 00:00:50.841 -- 00:00:56.242 Officer. Before we begin, I'd like to remind you that certain statements in the company's 00:00:56.242 -- 00:01:00.047 EARNINGS PRESS RELEASE AND ON THIS CALL ARE FORWARD LOOKING STATEMENTS WHICH ARE BASED 00:01:00.047 -- 00:01:03.931 ON EXPECTATIONS, INTENTIONS, PROJECTIONS 00:01:03.931 -- 00:01:08.617 REGARDING THE COMPANY'S FUTURE PERFORMANCE, ANTICIPATED EVENTS OR TRENDS AND OTHER MATTERS 00:01:08.617 -- 00:01:13.082 THAT ARE NOT HISTORICAL FACTS. THESE STATEMENTS ARE NOT A GUARANTEE OF FUTURE PERFORMANCE 00:01:13.082 -- 00:01:17.147 AND ARE SUBJECT TO KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS THAT COULD 00:01:17.147 -- 00:01:22.434 CAUSE AC...