FirstService Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,498	5,217	4,335	3,746	3,249
Revenue Growth (YoY)	5.38%	20.36%	15.72%	15.29%	17.19%
Cost of Revenue	3,651	3,499	2,947	2,566	2,203
Gross Profit	1,846	1,718	1,388	1,180	1,046
Selling, General & Admin	1,311	1,230	993.2	846.43	733.6
Depreciation & Amortization Expenses	185.21	165.27	127.93	110.14	98.97
Other Operating Expenses	12.12	-14.4	21.52	4.52	12.02
Operating Income	338.08	337.51	244.89	219.03	201.64
Interest Expense	-73.7	-82.85	-47.36	-25.19	-16.04
Other Non-Operating Income (Expense)	2.14	3.24	5.81	0.15	23.4
Total Non-Operating Income (Expense)	-71.57	-79.61	-41.55	-25.05	7.36
Pretax Income	266.51	257.9	203.34	193.98	209.01
Provision for Income Taxes	75.77	70.12	56.32	48.97	52.88
Net Income	145.05	134.38	100.39	121.07	135.21
Minority Interest in Earnings	45.7	53.4	46.63	23.93	20.92
Net Income to Common	145.05	134.38	100.39	121.07	135.21
Net Income Growth	7.94%	33.85%	-17.08%	-10.46%	54.95%
Shares Outstanding (Basic)	46	45	45	44	44
Shares Outstanding (Diluted)	46	45	45	44	44
Shares Change (YoY)	1.05%	1.08%	0.68%	0.21%	2.82%
EPS (Basic)	3.19	2.98	2.25	2.74	3.08
EPS (Diluted)	3.17	2.97	2.24	2.72	3.05
EPS Growth	6.73%	32.59%	-17.65%	-10.82%	50.99%
Shares Outstanding	45.72	45.27	44.68	44.23	44.01
Free Cash Flow	318.24	172.88	187.63	28.28	109.07
Free Cash Flow Growth	84.08%	-7.86%	563.36%	-74.07%	-56.78%
Free Cash Flow Per Share	6.96	3.82	4.19	0.64	2.46
Dividends Per Share	1.100	1.000	0.900	0.810	0.730
Dividend Growth	10.00%	11.11%	11.11%	10.96%	10.61%
Gross Margin	33.58%	32.93%	32.01%	31.50%	32.20%
Operating Margin	6.15%	6.47%	5.65%	5.85%	6.21%
Profit Margin	3.47%	3.60%	3.39%	3.87%	4.81%
FCF Margin	5.79%	3.31%	4.33%	0.76%	3.36%
EBITDA	523.29	502.78	372.83	329.17	300.61
EBITDA Margin	9.52%	9.64%	8.60%	8.79%	9.25%
EBIT	338.08	337.51	244.89	219.03	201.64
EBIT Margin	6.15%	6.47%	5.65%	5.85%	6.21%
Effective Tax Rate	28.43%	27.19%	27.70%	25.25%	25.30%

Updated Feb 4, 2026. Data Source: Fiscal.ai. standard template. Financial Sources.

SEC Filings: 10-K · 10-Q