FirstService Corporation SEC Filing Summary

This report details the financial performance of FirstService Corporation for the second quarter and the first six months of 2026, ending June 30, 2026. Consolidated revenues for the second quarter were $1.45 billion, a 2% increase year-over-year. Operating earnings reached $99.7 million, with a 6.9% margin. For the first six months, revenues were $2.77 billion (up 4% year-over-year), and operating earnings were $146.3 million. The FirstService Residential segment showed a 4% revenue increase for the quarter and a 4% increase year-to-date, driven by organic growth. The FirstService Brands segment reported a 1% revenue increase for the quarter and a 4% increase year-to-date, though organic revenue saw a slight decline. Net earnings for the quarter were $60.9 million, compared to $55.4 million in the prior year, attributed to lower interest expenses. The company also noted the adoption of new accounting standards and ongoing acquisitions within the FirstService Brands segment.