FirstService (FSV) Operating Leases (2019 - 2026)
FirstService (FSV) recorded quarterly Operating Leases of $251.3 million in Q1 2026, up 3.58% on a QoQ basis from $242.6 million in Q4 2025, and up 8.11% year-over-year from $232.4 million in Q1 2025.
FirstService (FSV) Operating Leases (2019 - 2026) Analysis & Trends
FirstService has disclosed Operating Leases across 8 years of filings, most recently posting $251.3 million for Q1 2026.
- Quarterly Operating Leases rose 8.11% year-over-year to $251.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $251.3 million (up 8.11% YoY) and the FY2025 annual result came in at $242.6 million, up 13.14% from the prior year.
- Operating Leases improved to $251.3 million in Q1 2026, from $242.6 million in the prior quarter.
- Over five years, Operating Leases peaked at $251.3 million in Q1 2026 and troughed at $124.4 million in Q1 2022.
- A 5-year average of $193.9 million and a median of $183.9 million in 2023 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2022 — Operating Leases decreased 3.29% — and 2023, when it soared 40.03%.
- Tracing FSV's Operating Leases over 5 years: stood at $168.6 million in 2022, then advanced by 9.12% to $183.9 million in 2023, then advanced by 16.58% to $214.4 million in 2024, then advanced by 13.14% to $242.6 million in 2025, then grew by 3.58% to $251.3 million in 2026.
- Business Quant data shows FSV's Operating Leases at $251.3 million in Q1 2026, $242.6 million in Q4 2025, and $248.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | IHS Holding | 45.03 Bn | 44.04 Bn | 231.80 |
| 2 | Cbre | 38.54 Bn | 37.33 Bn | 1.85 Bn |
| 3 | Costar | 14.00 Bn | 12.72 Bn | 701.00 Mn |
| 4 | Jones Lang Lasalle | 13.85 Bn | 13.53 Bn | - |
| 5 | KE Holdings | 7.04 Bn | 4.80 Bn | 661.06 Mn |
| 6 | Compass | 5.66 Bn | 5.19 Bn | 2.31 Bn |
| 7 | Opendoor Technologies | 4.24 Bn | 4.17 Bn | 72.00 Mn |
| 8 | Cushman & Wakefield | 3.11 Bn | 2.51 Bn | 420.70 Mn |
| 9 | Newmark | 2.67 Bn | 2.62 Bn | - |
| 10 | FirstService | 61.90 | 286.19 Mn | 430.65 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 251.28 Mn |
| Dec 31, 2025 | 242.59 Mn |
| Sep 30, 2025 | 248.75 Mn |
| Jun 30, 2025 | 249.53 Mn |
| Mar 31, 2025 | 232.44 Mn |
| Dec 31, 2024 | 214.42 Mn |
| Sep 30, 2024 | 221.33 Mn |
| Jun 30, 2024 | 194.67 Mn |
| Mar 31, 2024 | 178.40 Mn |
| Dec 31, 2023 | 183.92 Mn |
| Sep 30, 2023 | 175.49 Mn |
| Jun 30, 2023 | 175.99 Mn |
| Mar 31, 2023 | 174.19 Mn |
| Dec 31, 2022 | 168.56 Mn |
| Sep 30, 2022 | 131.79 Mn |
| Jun 30, 2022 | 128.13 Mn |
| Mar 31, 2022 | 124.39 Mn |
| Dec 31, 2021 | 122.34 Mn |
| Sep 30, 2021 | 128.89 Mn |
| Jun 30, 2021 | 130.10 Mn |