FirstService (FSV) Work In Process (2015 - 2025)
FirstService's (FSV) quarterly Work In Process came in at $199.7 million in Q4 2025, down 6.56% YoY from $213.8 million in Q4 2024, and down 6.56% on a QoQ basis from $213.8 million in Q4 2024.
FirstService (FSV) Work In Process (2015 - 2025) Analysis & Trends
FirstService (FSV) has 11 years of Work In Process data on file, last reported at $199.7 million 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 eased to $199.7 million in Q4 2025, from $213.8 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $213.8 million in Q4 2024 to a low of $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 soared 61.89% — and 2025, when it slipped 6.56%.
- Tracing FSV's Work In Process over 5 years: stood at $109.4 million in 2021, then soared by 61.89% to $177.1 million in 2022, then rose by 2.61% to $181.8 million in 2023, then advanced by 17.61% to $213.8 million in 2024, then slipped by 6.56% to $199.7 million in 2025.
- The last three Work In Process figures came in at $199.7 million (Q4 2025), $213.8 million (Q4 2024), and $181.8 million (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cbre | 44.30 Bn | 42.81 Bn | 2.09 Bn |
| 2 | KE Holdings | 18.87 Bn | 15.99 Bn | 661.06 Mn |
| 3 | Jones Lang Lasalle | 17.79 Bn | 17.34 Bn | - |
| 4 | Costar | 13.04 Bn | 11.78 Bn | 728.00 Mn |
| 5 | Compass | 9.00 Bn | 8.31 Bn | 3.88 Bn |
| 6 | FirstService | 6.55 Bn | 6.32 Bn | 480.66 Mn |
| 7 | Colliers International | 5.46 Bn | 5.40 Bn | 635,105.00 Bn |
| 8 | Cushman & Wakefield | 3.45 Bn | 2.95 Bn | 512.00 Mn |
| 9 | Opendoor Technologies | 3.35 Bn | 2.45 Bn | 86.00 Mn |
| 10 | Newmark | 2.85 Bn | 2.46 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 199.74 Mn |
| Dec 31, 2024 | 213.75 Mn |
| Dec 31, 2023 | 181.75 Mn |
| Dec 31, 2022 | 177.13 Mn |
| Dec 31, 2021 | 109.42 Mn |
| Dec 31, 2020 | 103.97 Mn |
| Dec 31, 2019 | 66.51 Mn |
| Dec 31, 2018 | 26.53 Mn |
| Dec 31, 2017 | 18.55 Mn |
| Dec 31, 2016 | 15.53 Mn |
| Dec 31, 2015 | 6.47 Mn |