FirstService (FSV) Q1 2026 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]
FirstService Corporation - Common Shares (FSV)
Last firstservice corporation - common shares earnings: 4/23 07:30 am
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Source: Globe and Mail, The
Chief Financial Officer — Jeremy Rakusin TAKEAWAYS Consolidated Revenue -- $1.32 billion, up 5%, with organic growth accounting for more than half of the increase. Consolidated Adjusted EBITDA -- $106 million, representing 2% growth and an 8% margin, down 30 basis points from 8.3%. Adjusted EPS -- $0.95, an increase of 3%. FirstService Residential Revenue -- $546 million, up 4%, entirely driven by organic growth. FirstService Residential EBITDA -- $46 million, a 10% increase, with margin expansion of 50 basis points to 8.4% due to labor cost efficiencies, ongoing client accounting initiatives, and portfolio management productivity gains. FirstService Brands Revenue -- $771 million, up 6%, with organic growth at Century Fire and tuck-under acquisitions, but flat organic revenues in restoration, roofing, and home services. FirstService Brands EBITDA -- $64 million, down 5.5%, with an 8.3% margin, representing a 100 basis points decline due to margin pressure in roofing
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FSV
News
- FirstService Non-GAAP EPS of $0.95 beats by $0.06, revenue of $1.32B beats by $20M [Seeking Alpha]Seeking Alpha
- FirstService Reports First Quarter ResultsGlobeNewswire
- Is It Time To Reassess FirstService (TSX:FSV) After Recent Share Price Weakness? [Yahoo! Finance]Yahoo! Finance
- FirstService Residential Expands North Carolina Presence, Welcomes Bear Lake Reserve Owners Association to Its Portfolio of Premier Managed Communities [Yahoo! Finance]Yahoo! Finance
- Can FirstService (FSV) Keep the Earnings Surprise Streak Alive? [Yahoo! Finance]Yahoo! Finance
FSV
Earnings
- 4/23/26 - Beat
FSV
Sec Filings
- 3/10/26 - Form 6-K
- 2/20/26 - Form 40-F
- 2/11/26 - Form 144
- FSV's page on the SEC website