FirstService Corporation (FSV) — Financial statements
Income statement, balance sheet, and cash flow for FirstService Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5,519↑5.8% | 5,217↑20.4% | 4,335↑15.7% | 3,746↑15.3% | 3,249 | |
| Cost of Revenue | 3,764↑7.6% | 3,499↑18.7% | 2,947↑14.9% | 2,566↑16.5% | 2,203 | |
| Gross Profit | 1,754↑2.1% | 1,718↑23.8% | 1,388↑17.6% | 1,180↑12.8% | 1,046 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 643↓47.7% | 1,230↑23.8% | 993↑17.3% | 846↑15.4% | 734 | |
| Other Expenses | 776↑414.4% | 151↑0.9% | 149↑30.3% | 115↑3.3% | 111 | |
| Operating Expenses | 1,419↑2.8% | 1,380↑20.8% | 1,143↑18.9% | 961↑13.8% | 845 | |
| Total Costs & Expenses | 5,183↑6.2% | 4,879↑19.3% | 4,090↑16.0% | 3,527↑15.7% | 3,047 | |
| Operating Results | ||||||
| Operating Income | 336↓0.5% | 338↑37.8% | 245↑11.8% | 219↑8.6% | 202 | |
| Depreciation & Amortization | 186↑12.4% | 165↑29.2% | 128↑16.2% | 110↑11.3% | 99 | |
| EBITDA | 527↑4.2% | 506↑33.6% | 379↑15.0% | 329↑1.6% | 324 | |
| EBIT | 342↑0.2% | 341↑35.9% | 251↑14.4% | 219↓2.6% | 225 | |
| Interest & Other Income | ||||||
| Net Interest Income | -74↑10.7% | -83↓74.9% | -47↓88.0% | -25↓57.1% | -16 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 74↓10.7% | 83↑74.9% | 47↑88.0% | 25↑57.1% | 16 | |
| Non-Operating Income | -6↓81.1% | -3↑44.3% | -6↓3879.5% | -0.15↑99.4% | -23 | |
| Other Income / Expenses | -68↑14.5% | -80↓91.6% | -42↓65.9% | -25↓440.1% | 7 | |
| Income Before Tax | 268↑3.7% | 258↑26.8% | 203↑4.8% | 194↓7.2% | 209 | |
| Income Tax Expense | 76↑8.4% | 70↑24.5% | 56↑15.0% | 49↓7.4% | 53 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 192↑2.0% | 188↑27.7% | 147↑1.4% | 145↓7.1% | 156 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 146↑8.4% | 134↑33.9% | 100↓17.1% | 121↓10.5% | 135 | |
| Bottom-Line Net Income | 146↑8.4% | 134↑33.9% | 100↓17.1% | 121↓10.5% | 135 | |
| EPS (Basic) | 3.17↑6.4% | 2.98↑30.1% | 2.29↓16.4% | 2.74↓11.0% | 3.08 | |
| EPS (Diluted) | 3.16↑6.4% | 2.97↑32.6% | 2.24↓17.6% | 2.72↓10.8% | 3.05 | |
| Weighted Average Shares | 46↑1.6% | 45↑33.9% | 34↓23.9% | 44↑0.8% | 44 | |
| Weighted Average Diluted Shares | 46↑1.2% | 45↑1.1% | 45↑0.7% | 44↑0.2% | 44 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.