FirstService Corp · Q1 2026 earnings

Briefing

FirstService Q1 2026: $1.32B revenue and $0.44 EPS as residential and brands segments grow 5%

FirstService Corporation reported interim Q1 2026 results on May 1, 2026, with revenues of $1.32 billion, up 5% from $1.25 billion a year earlier. Operating earnings rose to $46.7 million from $39.3 million, net earnings attributable to the company were $20.0 million versus $2.8 million in Q1 2025 (prior year included a $10.0 million non-controlling interest redemption increment), and diluted EPS was $0.44 compared with $0.06. Adjusted EBITDA was $105.7 million. FirstService Residential revenue grew to $545.7 million on contract wins and ancillary gains, while FirstService Brands revenue reached $771.4 million, up 6% with 2% organic growth led by Century Fire Protection and restoration brands. Cash and cash equivalents ended the quarter at $191.4 million and total assets were $4.29 billion.

• Revenue $1.32B (+5% YoY); operating earnings $46.7M.
• Net earnings attributable to company $20.0M; diluted EPS $0.44 vs $0.06.
• Adjusted EBITDA $105.7M; Residential revenue $545.7M, Brands $771.4M.
• Brands segment organic revenue up 2%, led by fire protection and restoration.
• Cash and cash equivalents $191.4M at March 31, 2026.

Headline financials

Revenue & EPS history