FirstService (FSV) Work In Process (2015 - 2025)

FirstService (FSV) has reported Work In Process for 11 consecutive years, with $199.7 million the latest figure, recorded in Q4 2025.

• Quarterly Work In Process fell 6.56% year-over-year to $199.7 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $199.7 million (down 6.56% YoY) and the FY2025 annual result came in at $199.7 million, down 6.56% from the prior year.
• Work In Process retreated to $199.7 million in Q4 2025 per FSV's latest filing, from $213.8 million in the prior quarter.
• Over the last five years, Work In Process for FSV reached as high as $213.8 million in Q4 2024 and fell as low as $109.4 million in Q4 2021.
• A 5-year average of $176.4 million and a median of $181.8 million in 2023 frame the typical range for Work In Process.
• Annual changes were most pronounced in 2022 — Work In Process jumped 61.89% — and 2025, when it dropped 6.56%.
• Year by year, Work In Process stood at $109.4 million in 2021, then soared by 61.89% to $177.1 million in 2022, then climbed by 2.61% to $181.8 million in 2023, then increased by 17.61% to $213.8 million in 2024, then fell by 6.56% to $199.7 million in 2025.
• According to Business Quant data, Work In Process over the past three periods registered $199.7 million, $213.8 million, and $181.8 million for Q4 2025, Q4 2024, and Q4 2023 respectively.