FirstService Corporation (FSV) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	5.6B	5.5B	5.2B	4.3B	3.7B
Cost of Revenue	3.9B	3.8B	3.5B	2.9B	2.6B
Gross Profit	1.7B	1.8B	1.7B	1.4B	1.2B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	663.4M	642.7M	1.2B	993.2M	846.4M
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	653.6M	776.0M	150.9M	149.5M	114.7M
Total Operating Expenses	1.3B	1.4B	1.4B	1.1B	961.1M
Cost and Expenses	5.2B	5.2B	4.9B	4.1B	3.5B
Operating Income (EBIT)	348.3M	335.7M	337.5M	244.9M	219.0M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	65.9M	74.0M	82.9M	47.4M	25.2M
Net Interest Income	(65.9M)	(74.0M)	(82.9M)	(47.4M)	(25.2M)
Other Non-Op Income/Expense	(66.1M)	(68.1M)	(79.6M)	(41.6M)	(25.0M)
Non-Operating Income (excl Interest)	167.3K	(5.9M)	(3.2M)	(5.8M)	(146.0K)
EBT (Pre-Tax Income)	282.2M	267.6M	257.9M	203.3M	194.0M
Income Tax Expense	77.2M	76.0M	70.1M	56.3M	49.0M
Bottom Line
Net Income	160.9M	145.6M	134.4M	100.4M	121.1M
Earnings from Cont. Ops	205.0M	191.5M	187.8M	147.0M	145.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	160.9M	145.6M	134.4M	100.4M	121.1M
Per Share
Basic EPS	$3.50	$3.17	$2.98	$2.29	$2.74
Diluted EPS	$3.49	$3.16	$2.97	$2.24	$2.72
Revenue Per Share	$121.70	$120.72	$115.88	$128.94	$84.80
Shares
Basic Shares Outstanding	45.9M	45.7M	45.0M	33.6M	44.2M
Diluted Shares Outstanding	45.9M	45.8M	45.3M	44.8M	44.5M
Profitability Metrics
EBITDA	541.5M	527.4M	506.0M	378.6M	329.3M
D&A	193.4M	185.8M	165.3M	127.9M	110.1M
EBIT	348.1M	341.5M	340.8M	250.7M	219.2M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026