FirstService (FSV) Cost of Revenue (2014 - 2026)
FirstService's (FSV) quarterly Cost of Revenue came in at $968.6 million in Q2 2026, up 3.55% on a YoY basis from $935.3 million in Q2 2025, and up 9.27% quarter-over-quarter from $886.4 million in Q1 2026.
Analysis
FirstService (FSV) Cost of Revenue (2014 - 2026) Analysis & Trends
FirstService (FSV) has reported Cost of Revenue for 13 consecutive years, with $968.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 3.55% year-over-year to $968.6 million; the trailing twelve-month figure through Jun 2026 stood at $3.7 billion (up 2.89% YoY), and the FY2025 full-year result was $3.7 billion, up 4.35% from the prior year.
- Cost of Revenue rose to $968.6 million in Q2 2026 per FSV's latest filing, from $886.4 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $968.6 million in Q2 2026 and bottomed at $575.8 million in Q1 2022.
- Historically, Cost of Revenue has averaged $806.6 million across 5 years, with a median of $815.0 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue climbed 23.84% in 2024, then grew 0.3% in 2025.
- Over 5 years, Cost of Revenue stood at $690.3 million in 2022, then increased by 6.61% to $735.9 million in 2023, then gained by 23.84% to $911.4 million in 2024, then increased by 0.3% to $914.1 million in 2025, then rose by 5.96% to $968.6 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $968.6 million, $886.4 million, and $914.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 80.63 Bn | 80.34 Bn | 1.48 Bn | 1.42 Bn |
| 2 | Iron Mountain | 34.27 Bn | 34.39 Bn | 1.07 Bn | 958.61 Mn |
| 3 | Rollins | 16.72 Bn | 16.61 Bn | 569.95 Mn | 508.63 Mn |
| 4 | APi | 16.37 Bn | 15.51 Bn | 703.00 Mn | 1.55 Bn |
| 5 | Aramark | 15.43 Bn | 15.00 Bn | 430.34 Mn | 4.63 Bn |
| 6 | FirstService | 6.30 Bn | 6.63 Bn | 480.66 Mn | 968.59 Mn |
| 7 | Unifirst | 4.96 Bn | 4.79 Bn | 234.73 Mn | 399.68 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 | 2.03 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 968.59 Mn |
| Mar 31, 2026 | 886.43 Mn |
| Dec 31, 2025 | 914.09 Mn |
| Sep 30, 2025 | 960.42 Mn |
| Jun 30, 2025 | 935.33 Mn |
| Mar 31, 2025 | 841.47 Mn |
| Dec 31, 2024 | 911.36 Mn |
| Sep 30, 2024 | 936.57 Mn |
| Jun 30, 2024 | 862.46 Mn |
| Mar 31, 2024 | 788.58 Mn |
| Dec 31, 2023 | 735.92 Mn |
| Sep 30, 2023 | 756.56 Mn |
| Jun 30, 2023 | 754.26 Mn |
| Mar 31, 2023 | 700.26 Mn |
| Dec 31, 2022 | 690.31 Mn |
| Sep 30, 2022 | 661.10 Mn |
| Jun 30, 2022 | 638.48 Mn |
| Mar 31, 2022 | 575.83 Mn |
| Dec 31, 2021 | 578.04 Mn |
| Sep 30, 2021 | 579.31 Mn |