FirstService FSV Revenue Breakdown

NASDAQ FSV
$132.20 -0.75 (-0.57%)
As of: Sep 22, 2026 · 1:24 PM EDT
Annual revenue breakdowns for FirstService, fiscal 2013 to 2025, as reported in its filings.
Annual history

FirstService Revenue by Segment

Years FY 2013–2025
Lines 2
FY 2025 Total $5.26B

Firstservice Brands was FirstService’s largest segment in fiscal 2025, bringing in $2.97B of $5.26B (57%).

FirstService revenue by segment, fiscal 2013 to 2025
Segment FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Firstservice Residential $1.77B $2.00B $2.13B $2.29B
Firstservice Brands $1.77B $2.12B $2.86B $2.97B
Total $3.55B $4.12B $4.99B $5.26B

FirstService revenue by segment: what the figures show

FirstService brought in $5.26B from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 5.4% from $4.99B in fiscal 2024. Firstservice Brands was the largest at $2.97B (56.5%), ahead of Firstservice Residential at $2.29B (43.5%).

Compared with fiscal 2024, Firstservice Residential grew 7.1% to $2.29B and Firstservice Brands grew 4.1% to $2.97B. From fiscal 2022 to 2025, combined revenue from these segments grew from $3.55B to $5.26B, a compound annual growth rate of 14.1%. Firstservice Brands' share of the total rose from 50.0% to 56.5%.

Annual history

FirstService Revenue by Geography

Years FY 2013–2025
Lines 2
FY 2025 Total $5.50B

United States was FirstService’s largest region in fiscal 2025, bringing in $4.93B of $5.50B (90%).

FirstService revenue by geography, fiscal 2013 to 2025
Geography FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
United States $3.28B $3.77B $4.57B $4.93B
Canada $466.30M $563.33M $650.76M $569.43M
Total $3.75B $4.33B $5.22B $5.50B

FirstService revenue by geography: what the figures show

FirstService brought in $5.50B from its two regions in fiscal 2025, the year ended December 31, 2025. That was up 5.4% from $5.22B in fiscal 2024. United States was the largest at $4.93B (89.6%), ahead of Canada at $569.43M (10.4%).

Compared with fiscal 2024, United States grew 7.9% to $4.93B, while Canada fell 12.5% to $569.43M. From fiscal 2022 to 2025, combined revenue from these regions grew from $3.75B to $5.50B, a compound annual growth rate of 13.6%. United States' share of the total rose from 87.6% to 89.6%.

Annual history

FirstService Revenue by Restatement

Years FY 2017
Lines 2
FY 2017 Total $1.73B

Previously Reported was FirstService’s largest revenue line in fiscal 2017, bringing in $1.71B of $1.73B (99%).

FirstService revenue by restatement, fiscal 2017 to 2017
Restatement FY 2017
Previously Reported $1.71B
Restatement Adjustment $23.58M
Total $1.73B

FirstService revenue by restatement: what the figures show

FirstService brought in $1.73B from its two revenue lines in fiscal 2017, the year ended December 31, 2017. Previously Reported was the largest at $1.71B (98.6%), ahead of Restatement Adjustment at $23.58M (1.4%).

Questions

FirstService Revenue Breakdown FAQ

How does FirstService make money?

FirstService (FSV) reports its revenue by segment, by geography and by restatement. In fiscal 2025, Firstservice Brands was its largest segment, bringing in $2.97B (56.5% of the total), followed by Firstservice Residential at $2.29B (43.5%).

What is FirstService's largest segment?

Firstservice Brands was FirstService's largest segment in fiscal 2025, bringing in $2.97B, or 56.5% of the $5.26B total across its two segments.

What is FirstService's largest region?

United States was FirstService's largest region in fiscal 2025, bringing in $4.93B, or 89.6% of the $5.50B total across its two regions.

What is FirstService's largest revenue line?

Previously Reported was FirstService's largest revenue line in fiscal 2017, bringing in $1.71B, or 98.6% of the $1.73B total across its two revenue lines.

Which FirstService segment is growing the fastest?

Firstservice Residential grew faster than Firstservice Brands in fiscal 2025, up 7.1% from $2.13B to $2.29B. Firstservice Brands grew 4.1% to $2.97B.

Where does this revenue breakdown data come from?

Every figure comes from FirstService's annual financial filings, as reported. Each line keeps the name FirstService gives it, and years follow its fiscal calendar.

How far back does FirstService's revenue breakdown go?

FirstService's revenue by segment goes back to fiscal 2013, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.