FirstService Reports Modest Q2 Growth Amid Mixed Performance Across Divisions
FirstService Corporation (NASDAQ:FSV) reported modest second-quarter growth on July 23, 2026. Revenue rose 2% year over year to $1.45 billion, with adjusted EBITDA up 3% to $161.7 million and adjusted EPS increasing by 2% to $1.75. The company noted stronger performance in its residential services and fire protection segments, while roofing remained a drag on results. FirstService Residential delivered revenue growth of 4%, with both organic and margin expansion, despite the sale of pool maintenance operations early in the quarter. Century Fire Protection saw over 10% year-over-year revenue gains and is expected to maintain that pace for the remainder of 2026. Meanwhile, roofing revenue declined by 6% reported and 10% organically due to competitive pressures. The company expressed optimism about a stronger second half in 2026, citing improving restoration activity and continued strength in fire protection services.
Tickers: $FSV
Topics: adjusted_eps business_segments ebitda revenue