FirstService (FSV) Operating Expenses (2014 - 2026)

FirstService (FSV) has reported Operating Expenses for 13 consecutive years, with $359.4 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses fell 1.1% year-over-year to $359.4 million; the trailing twelve-month figure through Jun 2026 stood at $1.4 billion (up 4.84% YoY), and the FY2025 full-year result was $1.4 billion, up 9.39% from the prior year.
• Operating Expenses eased to $359.4 million in Q2 2026 per FSV's latest filing, from $363.9 million in the prior quarter.
• Across five years, Operating Expenses topped out at $363.9 million in Q1 2026 and bottomed at $218.2 million in Q1 2022.
• Historically, Operating Expenses has averaged $303.5 million across 5 years, with a median of $316.0 million in 2024.
• The sharpest annual moves came in 2022 and 2026: Operating Expenses advanced 23.74% in 2022, then decreased 1.1% in 2026.
• Over 5 years, Operating Expenses stood at $248.7 million in 2022, then rose by 13.14% to $281.3 million in 2023, then grew by 21.58% to $342.0 million in 2024, then grew by 6.18% to $363.2 million in 2025, then slipped by 1.04% to $359.4 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $359.4 million, $363.9 million, and $363.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.