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Inferra AI / Company / FSV

FirstService

FSV · Real Estate

Last earnings Oct 30, 2026

Key results

Consolidated revenuequarter

$1.53 billion

Results of operations - three months ended September 30, 2026 Consolidated revenues for our third quarter were $1.53 billion, 6% higher than the comparable prior year quarter.

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

Net incomequarter

$64.6 million

Net earnings for the quarter were $64.6 million, versus $70.9 million in the prior year quarter, with the decrease primarily attributable to the reversal of contingent consideration fair value adjustments in the prior year period, described above.

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

Revenuequarter

$633.3 million

The FirstService Residential segment reported revenues of $633.3 million for the third quarter, up 5% versus the prior year and all from organic growth (see “Reconciliation of non-GAAP measures” below).

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

Growthquarter

up 5%

The FirstService Residential segment reported revenues of $633.3 million for the third quarter, up 5% versus the prior year and all from organic growth (see “Reconciliation of non-GAAP measures” below).

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

Page 2 of 11 Revenues from the FirstService Brands segment in the third quarter were $898.4 million, up 7% relative to the prior year quarter.

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

On an organic basis, division revenues grew 3% driven by our Restoration brands and Century Fire Protection, and partially offset by reduced activity levels at Roofing Corp.

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

Net earnings for the nine-month period were $149.1 million, up from $140.4 million in the prior year period, and was attributable to higher profitability in the FirstService Residential segment, as well as decreased interest expense, partially offset by reduced profitability in the FirstService Brands segment.

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

Our FirstService Residential segment reported revenues of $1.80 billion for the nine-month period, up 4% over the prior year period.

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

Year-to-date revenueytd

$2.50 billion

Page 3 of 11 Year-to-date revenues at FirstService Brands were $2.50 billion, an increase of 5% relative to the prior year period.

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

AI analysis

Q3 2026 · reported Oct 30, 2026

Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held

Consolidated revenue · Q3 2026
$1.53B
EX-99 · Oct 30, 2026
Net income · Q3 2026
$64.6M
EX-99 · Oct 30, 2026
Revenue · Q3 2026
$633.3M
-58.6% vs prior quarter computed from stated figures
EX-99 · Oct 30, 2026

Headline figures

MetricQ3 2026Prior qtrYear ago
Consolidated revenue$1.53 billion$1.53 billion—
Net income$64.6 million——
Revenue$633.3 million$1.53 billion—
Growthup 5%up 3%—

EX-99 · Oct 30, 2026

Guidance · company-stated

No guidance located in the held release

Outlook statement

“This update clarified the effective date of the guidance introduced in ASU 2024-03.”

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Dividend$0.305

In October 2026, we paid a quarterly dividend of $0.305 per common share in respect of the quarter ended September 30, 2026.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

FirstService Q3 2026 — Results of operations - three months ended September 30, 2026 Consolidated revenues for our third quarter were $1.53 billion, 6% higher than the comparable prior year quarter.

Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

In October 2026, we paid a quarterly dividend of $0.305 per common share in respect of the quarter ended September 30, 2026.

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

During the nine months period ended September 30, 2026, the Company repurchased 4,070,934 Common Shares under its Normal Course Issuer Bid (“NCIB”) at an average price of $137.56 per share.

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

The Company is authorized to repurchase up to an additional 2,601,845 Common Shares under its NCIB, which expires on August 25, 2027.

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

LONG-TERM DEBT – In February 2025, the Company entered into a third amended and restated credit agreement providing for a $1,750,000 revolving credit facility on an unsecured basis.

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

The maturity date of the revolving credit facility is February 2030.

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

The revolving credit facility bears interest at 0.20% to 2.50% over floating reference rates, depending on certain leverage ratios.

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

Risks & headwinds

CONTINGENCIES – In the normal course of operations, the Company is subject to routine claims and litigation incidental to its business.

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

Litigation currently pending or threatened against the Company includes disputes with former employees and commercial liability claims related to services provided by the Company.

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

We believe this disaggregation best depicts how the nature, amount, timing and uncertainty of the Company’s revenue and cash flows are affected by economic factors.

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

What changed vs prior quarter

Consolidated revenue — prior quarter passage and this quarter's passage are both cited.

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

Revenue — prior quarter passage and this quarter's passage are both cited.

SEC original ↗FirstService — Earnings release (6-K exhibit)EX-99Oct 30, 2026

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

KE Holdings (BEKE) Real EstateInvitation Homes (INVH) Real EstateEquinix (EQIX) Real EstateAlexandria Real Estate Equities (ARE) Real EstateIron Mountain (IRM) Real EstateVici Properties (VICI) Real EstateMid-America Apartment Communities (MAA) Real EstateVivmark Residential (VMRK) Real Estate
Documents

Filings

68 documents

Earnings releases

5 documents

Presentations

0 documents

No presentations for FirstService are held in this edition of the library.

Transcripts

0 documents

No transcripts for FirstService are held in this edition of the library.

See also the earnings calendar for every tracked company’s next earnings date.