FirstService (FSV) Gross Margin (2014 - 2026)
FirstService (FSV) posted quarterly Gross Margin of 33.17% for Q2 2026, down 77.0% year-on-year from 144.2% in Q2 2025, and up 1.43% on a QoQ basis from 32.7% in Q1 2026.
FirstService (FSV) Gross Margin (2014 - 2026) Analysis & Trends
FirstService (FSV) has reported Gross Margin for 13 consecutive years, with 33.17% the latest figure, recorded in Q2 2026.
- Quarterly Gross Margin fell 77.0% year-over-year to 33.17% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 33.99% (up 74.0% YoY) and the FY2025 annual result came in at 33.58%, up 65.0% from the prior year.
- Gross Margin improved to 33.17% in Q2 2026 per FSV's latest filing, from 32.7% in the prior quarter.
- Over the last five years, Gross Margin for FSV reached as high as 100.0% in Q3 2025 and fell as low as 67724804.19% in Q3 2023.
- A 5-year average of 7521951.25% and a median of 32.82% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin plunged 2000000000 bps — and 2024, when it soared 2000000000 bps.
- Year by year, Gross Margin stood at 67671042.37% in 2022, then soared by 100 bps to 100.0% in 2023, then plunged by 67 bps to 33.25% in 2024, then increased by 2 bps to 33.92% in 2025, then dropped by 2 bps to 33.17% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 33.17%, 32.7%, and 33.92% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Colliers International | 4,798.15 Bn | 4,797.86 Bn | - | - |
| 2 | IHS Holding | 60.96 Bn | 61.13 Bn | 231.80 | 55.80% |
| 3 | KE Holdings | 53.48 Bn | 50.59 Bn | 661.06 Mn | 24.14% |
| 4 | Cbre | 39.71 Bn | 39.92 Bn | 1.85 Bn | 17.59% |
| 5 | Jones Lang Lasalle | 14.96 Bn | 14.65 Bn | - | - |
| 6 | Costar | 11.08 Bn | 9.80 Bn | 701.00 Mn | 78.15% |
| 7 | Compass | 7.92 Bn | 7.44 Bn | 2.31 Bn | 85.28% |
| 8 | FirstService | 6.01 Bn | 6.28 Bn | 480.66 Mn | 33.17% |
| 9 | Opendoor Technologies | 3.69 Bn | 2.69 Bn | 72.00 Mn | 10.00% |
| 10 | Cushman & Wakefield | 2.90 Bn | 2.30 Bn | 420.70 Mn | 16.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 33.17% |
| Mar 31, 2026 | 32.70% |
| Dec 31, 2025 | 33.92% |
| Sep 30, 2025 | 100.00% |
| Jun 30, 2025 | 33.93% |
| Mar 31, 2025 | 32.73% |
| Dec 31, 2024 | 33.25% |
| Sep 30, 2024 | 32.91% |
| Jun 30, 2024 | 33.53% |
| Mar 31, 2024 | 31.90% |
| Dec 31, 2023 | 100.00% |
| Sep 30, 2023 | -67,724,804.19% |
| Jun 30, 2023 | 32.64% |
| Mar 31, 2023 | 31.24% |
| Dec 31, 2022 | -67,671,042.37% |
| Sep 30, 2022 | 31.17% |
| Jun 30, 2022 | 100.00% |
| Mar 31, 2022 | 31.00% |
| Dec 31, 2021 | 32.55% |
| Sep 30, 2021 | 31.80% |