FirstService Corp (FSV) Form 6-K — Oct 22, 2026
FirstService reported Q3 2026 revenues of $1.53 billion, up 6% year-over-year, with Adjusted EBITDA up 3% to $169.7 million and Adjusted EPS up 7% to $1.89. GAAP results were weaker, with diluted EPS of $0.99 versus $1.24 a year ago, driven by higher amortization, acquisition-related items, and a larger non-controlling interest redemption increment. FirstService Brands operating earnings fell to $60.0 million from $73.7 million on roofing weakness and a more competitive market. The Residential division was the bright spot, posting 5% all-organic revenue growth to $633.3 million and 7% Adjusted EBITDA growth.
Key figures
- Eps
- 0.99
- Revenue
- 1531698000
- Net Income
- 64550000
- Total Debt
- 1554414000
- Revenue Yoy
- 6%
- Total Assets
- 4450049000
- Cash Position
- 160759000
- Adjusted eps
- 1.89
- Brands revenue
- 898419000
- Adjusted ebitda
- 169671000
- Adjusted eps yoy
- 7%
- Nine month revenue
- 4298027000
- Adjusted ebitda yoy
- 3%
- Gaap eps prior year
- 1.24
- Residential revenue
- 633279000
- Brands organic growth
- 3%
- Brands revenue growth
- 7%
- Share repurchases ytd
- 560006000
- Brands adjusted ebitda
- 101795000
- Nine month adjusted eps
- 4.57
- Residential revenue growth
- 5%
- Residential adjusted ebitda
- 71327000
- Net earnings attributable to company
- 42912000
AI analysis
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