stockrowFirstService Corporation
FSV Real Estate Real Estate Services
FirstService Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.5 billion, up 5.38% from fiscal 2024.
- Revenue
- +5.81%
- EPS
- −20.8%
- Free cash flow
- −39.9%
- Total debt
- +29.0%
Quarter to September 2026, against a year earlier
Follow FSV
Alert me
FirstService Corporation (FSV) Gross margin
FirstService Corporation's gross margin over the twelve months to 30 September 2026 was 33.1%, down 0.5 percentage points from fiscal 2025 (33.6%). Over the past ten years it has ranged from 29.2% (fiscal 2016) to 33.6% (fiscal 2025) — the current reading is the highest in ten years. That is above the Real Estate Services industry median of 25.7% and below the Real Estate sector median of 62.8%.
Gross margin, annual
Embed this chart
Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 33.6% | 0.65 |
| FY2024 | 32.9% | 0.92 |
| FY2023 | 32.0% | 0.51 |
| FY2022 | 31.5% | (0.70) |
| FY2021 | 32.2% | (0.28) |
| FY2020 | 32.5% | 0.36 |
| FY2019 | 32.1% | 0.47 |
| FY2018 | 31.7% | 0.41 |
| FY2017 | 31.2% | 2.05 |
| FY2016 | 29.2% | (0.88) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 32.5% | (0.71) |
| Jun 2026 | 33.2% | 0.47 |
| Mar 2026 | 32.7% | (1.22) |
| Dec 2025 | 33.9% | 0.27 |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| NMRK Newmark Group, Inc. compare | 100.0% |
| COMP Compass, Inc. compare | 100.0% |
| CSGP CoStar Group, Inc. compare | 78.3% |
| JLL Jones Lang LaSalle Incorporated compare | 54.8% |
| IHS IHS Holding Limited compare | 53.5% |
| CIGI Colliers International Group Inc. compare | 40.0% |
| FSV FirstService Corporation | 33.1% |
| BEKE KE Holdings Inc. Sponsored ADR compare | 24.0% |
| CWK Cushman & Wakefield PLC compare | 18.1% |
| Real Estate Services industry median | 25.7% |
| Real Estate sector median | 62.8% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on FSV
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement