FirstService (FSV) Revenue & Revenue Breakdown
FirstService Revenue Highlights
Latest Revenue (Y)
$4.41B
Latest Revenue (Q)
$1.15B
Main Segment (Y)
FirstService Residential Segment
Main Geography (Y)
UNITED STATES
FirstService Revenue by Period
FirstService Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $4.41B | 17.84% |
| 2022-12-31 | $3.75B | 15.29% |
| 2021-12-31 | $3.25B | 17.19% |
| 2020-12-31 | $2.77B | 15.16% |
| 2019-12-31 | $2.41B | 24.64% |
| 2018-12-31 | $1.93B | 13.25% |
| 2017-12-31 | $1.71B | 15.01% |
| 2016-12-31 | $1.48B | 17.31% |
| 2015-12-31 | $1.26B | 11.67% |
| 2014-12-31 | $1.13B | -51.70% |
| 2013-12-31 | $2.34B | 1.65% |
| 2012-12-31 | $2.31B | 3.66% |
| 2011-12-31 | $2.22B | 11.98% |
| 2010-12-31 | $1.99B | 16.62% |
| 2009-12-31 | $1.70B | 9.91% |
| 2008-03-31 | $1.55B | - |
FirstService generated $4.41B in revenue during NA 2023, up 17.84% compared to the previous quarter, and up 228.53% compared to the same period a year ago.
FirstService Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $1.15B | 3.95% |
| 2023-12-31 | $1.11B | -0.72% |
| 2023-09-30 | $1.12B | -0.23% |
| 2023-06-30 | $1.12B | 9.95% |
| 2023-03-31 | $1.02B | -0.16% |
| 2022-12-31 | $1.02B | 6.21% |
| 2022-09-30 | $960.46M | 3.20% |
| 2022-06-30 | $930.71M | 11.52% |
| 2022-03-31 | $834.57M | -2.61% |
| 2021-12-31 | $856.95M | 0.88% |
| 2021-09-30 | $849.43M | 2.14% |
| 2021-06-30 | $831.63M | 16.96% |
| 2021-03-31 | $711.07M | -8.26% |
| 2020-12-31 | $775.05M | 4.46% |
| 2020-09-30 | $741.93M | 19.36% |
| 2020-06-30 | $621.60M | -1.93% |
| 2020-03-31 | $633.83M | -6.18% |
| 2019-12-31 | $675.59M | 0.50% |
| 2019-09-30 | $672.25M | 17.14% |
| 2019-06-30 | $573.91M | 18.17% |
| 2019-03-31 | $485.65M | -3.51% |
| 2018-12-31 | $503.31M | -0.60% |
| 2018-09-30 | $506.36M | 2.22% |
| 2018-06-30 | $495.35M | 16.15% |
| 2018-03-31 | $426.46M | -2.66% |
| 2017-12-31 | $438.11M | -4.03% |
| 2017-09-30 | $456.52M | 4.98% |
| 2017-06-30 | $434.86M | 15.66% |
| 2017-03-31 | $375.97M | -1.35% |
| 2016-12-31 | $381.12M | -6.84% |
| 2016-09-30 | $409.08M | 6.23% |
| 2016-06-30 | $385.10M | 25.20% |
| 2016-03-31 | $307.59M | -2.70% |
| 2015-12-31 | $316.11M | -9.56% |
| 2015-09-30 | $349.52M | 7.13% |
| 2015-06-30 | $326.25M | -46.34% |
| 2015-03-31 | $607.95M | -180.16% |
| 2014-12-31 | $-758.45M | -210.79% |
| 2014-09-30 | $684.61M | 3.61% |
| 2014-06-30 | $660.73M | 20.48% |
| 2014-03-31 | $548.43M | -18.35% |
| 2013-12-31 | $671.72M | 10.43% |
| 2013-09-30 | $608.27M | 5.58% |
| 2013-06-30 | $576.10M | 20.93% |
| 2013-03-31 | $476.39M | -38.54% |
| 2012-12-31 | $775.19M | 38.68% |
| 2012-09-30 | $558.99M | - |
FirstService generated $1.15B in revenue during Q1 2024, up 3.95% compared to the previous quarter, and up 113.02% compared to the same period a year ago.
FirstService Revenue Breakdown
FirstService Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| FirstService Residential Segment | $1.77B | $1.59B | $1.42B | $1.41B | $1.25B |
| FirstService Brands Segment | $4.65M | $4.38M | $4.01M | $4.46M | $3.39M |
| Corporate Segment | - | - | - | - | - |
FirstService's latest annual revenue breakdown by segment (product or service), as of Dec 22: FirstService Residential Segment (99.74%), and FirstService Brands Segment (0.26%).
FirstService Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| CANADA | $466.30M | $384.71M | $331.39M | $222.62M | $108.78M |
| UNITED STATES | $3.28B | $2.86B | $2.44B | $2.18B | $1.82B |
FirstService's latest annual revenue breakdown by geography, as of Dec 22: UNITED STATES (87.55%), and CANADA (12.45%).
FirstService Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CBRE | CBRE Group | $31.95B | $8.39B |
| JLL | Jones Lang LaSalle | $20.76B | $5.63B |
| CWK | Cushman & Wakefield | $9.49B | $2.29B |
| HOUS | Anywhere Real Estate | $5.64B | $1.67B |
| FSV | FirstService | $4.41B | $1.15B |
| MMI | Marcus & Millichap | $645.93M | $129.10M |
| FTHM | Fathom | $345.23M | $89.21M |
| RMAX | RE/MAX | $325.67M | $81.27M |
| NYC | New York City REIT | $62.71M | - |
| TCI | Transcontinental Realty Investors | $49.91M | $11.90M |
| FRPH | FRP | $41.51M | $10.13M |
| MLP | Maui Land & Pineapple | $10.91M | $2.65M |
| MAYS | J.W. Mays | - | $5.36M |
FSV Revenue FAQ
What is FirstService’s yearly revenue?
FirstService's yearly revenue for 2023 was $4.41B, representing an increase of 17.84% compared to 2022. The company's yearly revenue for 2022 was $3.75B, representing an increase of 15.29% compared to 2021. FSV's yearly revenue for 2021 was $3.25B, representing an increase of 17.19% compared to 2020.
What is FirstService’s quarterly revenue?
FirstService's quarterly revenue for Q1 2024 was $1.15B, a 3.95% increase from the previous quarter (Q4 2023), and a 13.20% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $1.11B, a -0.72% decrease from the previous quarter (Q3 2023), and a 8.72% increase year-over-year (Q4 2022). FSV's quarterly revenue for Q3 2023 was $1.12B, a -0.23% decrease from the previous quarter (Q2 2023), and a 16.31% increase year-over-year (Q3 2022).
What is FirstService’s revenue growth rate?
FirstService's revenue growth rate for the last 3 years (2021-2023) was 35.86%, and for the last 5 years (2019-2023) was 83.35%.
What are FirstService’s revenue streams?
FirstService's revenue streams in c 22 are FirstService Residential Segment, and FirstService Brands Segment. FirstService Residential Segment generated $1.77B in revenue, accounting 99.74% of the company's total revenue, up 11.78% year-over-year. FirstService Brands Segment generated $4.65M in revenue, accounting 0.26% of the company's total revenue, up 6.19% year-over-year.
What is FirstService’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of FirstService was FirstService Residential Segment. This segment made a revenue of $1.77B, representing 99.74% of the company's total revenue.