FirstService (FSV) Change in Receivables (2014 - 2026)
FirstService's (FSV) quarterly Change in Receivables came in at -$17.6 million in Q2 2026, up 28.91% on a YoY basis from -$13.7 million in Q2 2025, and down 142.05% quarter-over-quarter from $42.0 million in Q1 2026.
Analysis
FirstService (FSV) Change in Receivables (2014 - 2026) Analysis & Trends
FirstService (FSV) has reported Change in Receivables for 13 consecutive years, with -$17.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Change in Receivables rose 28.91% year-over-year to -$17.6 million; the trailing twelve-month figure through Jun 2026 stood at $98.7 million (up 281.2% YoY), and the FY2025 full-year result was $59.6 million, up 240.86% from the prior year.
- Change in Receivables eased to -$17.6 million in Q2 2026 per FSV's latest filing, from $42.0 million in the prior quarter.
- Across five years, Change in Receivables topped out at $45.6 million in Q3 2023 and bottomed at -$73.8 million in Q2 2023.
- Historically, Change in Receivables has averaged -$6.8 million across 5 years, with a median of -$17.2 million in 2023.
- The sharpest annual moves came in 2023 and 2026: Change in Receivables tumbled 2279.52% in 2023, then soared 319.82% in 2026.
- Over 5 years, Change in Receivables stood at -$68.4 million in 2022, then surged by 75.1% to -$17.0 million in 2023, then sank by 30.97% to -$22.3 million in 2024, then surged by 278.14% to $39.8 million in 2025, then plunged by 144.36% to -$17.6 million in 2026.
- According to Business Quant data, Change in Receivables over the past three periods registered -$17.6 million, $42.0 million, and $39.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 80.63 Bn | 80.34 Bn | 1.48 Bn | 10.42 Mn |
| 2 | Iron Mountain | 34.27 Bn | 34.39 Bn | 1.07 Bn | - |
| 3 | Rollins | 16.72 Bn | 16.61 Bn | 569.95 Mn | 36.79 Mn |
| 4 | APi | 16.37 Bn | 15.51 Bn | 703.00 Mn | 120.00 Mn |
| 5 | Aramark | 15.43 Bn | 15.00 Bn | 430.34 Mn | 44.72 Mn |
| 6 | FirstService | 6.30 Bn | 6.63 Bn | 480.66 Mn | -17.64 Mn |
| 7 | Unifirst | 4.96 Bn | 4.79 Bn | 234.73 Mn | 4.28 Mn |
| 8 | Geo | 4.16 Bn | 3.91 Bn | - | - |
| 9 | CoreCivic | 3.45 Bn | 3.34 Bn | - | - |
| 10 | Abm Industries | 2.90 Bn | 2.79 Bn | 286.10 Mn | 19.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -17.64 Mn |
| Mar 31, 2026 | 41.96 Mn |
| Dec 31, 2025 | 39.77 Mn |
| Sep 30, 2025 | 34.65 Mn |
| Jun 30, 2025 | -24.82 Mn |
| Mar 31, 2025 | 9.99 Mn |
| Dec 31, 2024 | -22.32 Mn |
| Sep 30, 2024 | -17.34 Mn |
| Jun 30, 2024 | -22.64 Mn |
| Mar 31, 2024 | 20.00 Mn |
| Dec 31, 2023 | -17.05 Mn |
| Sep 30, 2023 | 45.58 Mn |
| Jun 30, 2023 | -73.77 Mn |
| Mar 31, 2023 | -48.59 Mn |
| Dec 31, 2022 | -68.45 Mn |
| Sep 30, 2022 | -22.96 Mn |
| Jun 30, 2022 | -3.10 Mn |
| Mar 31, 2022 | 24.83 Mn |
| Dec 31, 2021 | -7.12 Mn |
| Sep 30, 2021 | -41.14 Mn |