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
DateValue
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%