FirstService Corporation revenue by segment FSV

Annual Quarterly

FirstService Corporation splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was First Service Brands at $3.2 billion, 58% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Franchisor Owned Outlet at $3.0 billion, 54% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
FY 2016
Dec 31, 2016
Revenue
5,498
5,217
4,335
3,746
3,249
2,772
2,407
1,931
1,705
1,483
Operating segments
First Service Brands
3,211
+4.2%
share 58.4%
3,082
+31.9%
share 59.1%
2,338
+18.5%
share 53.9%
1,974
+18.6%
share 52.7%
1,664
+22.6%
share 51.2%
1,357
share 49.0%
—
—
—
—
Firstservice Residential
2,287
+7.1%
share 41.6%
2,134
+6.9%
share 40.9%
1,997
+12.7%
share 46.1%
1,772
+11.8%
share 47.3%
1,585
+12.0%
share 48.8%
1,415
share 51.0%
—
—
—
—
Corporate
0
share 0.0%
0
share 0.0%
0
share 0.0%
0
share 0.0%
0
share 0.0%
0
share 0.0%
—
—
—
—
Sales mix
Franchisor Owned Outlet
2,974
+4.1%
share 54.1%
2,857
+34.6%
share 54.8%
2,123
+19.7%
share 49.0%
1,773
+19.6%
share 47.3%
1,483
+21.9%
share 45.6%
1,216
share 43.9%
—
—
—
—
Firstservice Residential
2,287
+7.1%
share 41.6%
2,134
+6.9%
share 40.9%
1,997
+12.7%
share 46.1%
1,772
+11.8%
share 47.3%
1,585
+12.0%
share 48.8%
1,415
share 51.0%
—
—
—
—
Franchisor
227
+4.8%
share 4.1%
217
+3.8%
share 4.2%
209
+6.9%
share 4.8%
195
+10.8%
share 5.2%
176
+29.0%
share 5.4%
137
share 4.9%
—
—
—
—
Franchise
10
+20.3%
share 0.2%
8
+32.4%
share 0.2%
6
+31.0%
share 0.1%
5
+5.1%
share 0.1%
5
+7.1%
share 0.1%
4
share 0.2%
—
—
—
—
Corporate
0
share 0.0%
0
share 0.0%
0
share 0.0%
0
share 0.0%
0
share 0.0%
0
share 0.0%
—
—
—
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. More on our methodology.

Company profile

Industry
Real Estate (SIC 6500)
Listed as
FSV (Nasdaq)
Fiscal year ends
December 31
Incorporated in
Ontario, Canada
Headquarters
Toronto, Ontario, Canada
SEC filer status
Smaller reporting company
SEC CIK
1637810
Former names
New FSV Corp (until May 29, 2015)

Other Real Estate companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.