FirstService (FSV) Accumulated Expenses (2014 - 2025)
FirstService (FSV) recorded quarterly Accumulated Expenses of $388.6 million in Q4 2025, up 101.6% on a QoQ basis from $192.7 million in Q4 2024, and up 101.6% year-over-year from $192.7 million in Q4 2024.
FirstService (FSV) Accumulated Expenses (2014 - 2025) Analysis & Trends
FirstService has disclosed Accumulated Expenses across 12 years of filings, most recently posting $388.6 million for Q4 2025.
- Quarterly Accumulated Expenses rose 101.6% year-over-year to $388.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $388.6 million (up 101.6% YoY) and the FY2025 annual result came in at $388.6 million, up 101.6% from the prior year.
- Accumulated Expenses advanced to $388.6 million in Q4 2025, from $192.7 million in the prior quarter.
- Over five years, Accumulated Expenses peaked at $388.6 million in Q4 2025 and troughed at $1.4 million in Q4 2021.
- A 5-year average of $181.3 million and a median of $176.9 million in 2023 frame the typical range for Accumulated Expenses.
- Annual changes were most pronounced in 2021 — Accumulated Expenses sank 99.44% — and 2022, when it soared 10374.47%.
- Tracing FSV's Accumulated Expenses over 5 years: stood at $1.4 million in 2021, then surged by 10374.47% to $146.9 million in 2022, then climbed by 20.48% to $176.9 million in 2023, then rose by 8.94% to $192.7 million in 2024, then soared by 101.6% to $388.6 million in 2025.
- Business Quant data shows FSV's Accumulated Expenses at $388.6 million in Q4 2025, $192.7 million in Q4 2024, and $176.9 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | IHS Holding | 44.35 Bn | 43.37 Bn | 231.80 |
| 2 | Cbre | 38.64 Bn | 37.43 Bn | 1.85 Bn |
| 3 | Jones Lang Lasalle | 13.86 Bn | 13.54 Bn | - |
| 4 | Costar | 12.44 Bn | 11.16 Bn | 701.00 Mn |
| 5 | Compass | 7.37 Bn | 6.89 Bn | 2.31 Bn |
| 6 | KE Holdings | 7.04 Bn | 4.80 Bn | 661.06 Mn |
| 7 | Opendoor Technologies | 4.28 Bn | 4.21 Bn | 72.00 Mn |
| 8 | Cushman & Wakefield | 3.00 Bn | 2.40 Bn | 420.70 Mn |
| 9 | Newmark | 2.71 Bn | 2.66 Bn | - |
| 10 | FirstService | 60.90 | 286.19 Mn | 430.65 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 388.55 Mn |
| Dec 31, 2024 | 192.73 Mn |
| Dec 31, 2023 | 176.92 Mn |
| Dec 31, 2022 | 146.85 Mn |
| Dec 31, 2021 | 1.40 Mn |
| Dec 31, 2020 | 251.19 Mn |
| Dec 31, 2019 | 94.01 Mn |
| Dec 31, 2018 | 73.45 Mn |
| Dec 31, 2017 | 2.88 Mn |
| Dec 31, 2016 | 102.91 Mn |
| Dec 31, 2015 | 7.11 Mn |
| Dec 31, 2014 | 55.56 Mn |