FirstService Corporation Q2 2025 Financial Results

SEC Filing 6-K (0001171843-25-004953)

FirstService Corporation reported its financial results for the second quarter of 2025, showing a 9% increase in consolidated revenues to $1.42 billion compared to the same period in 2024. Operating earnings rose to $97.3 million, up from $83.9 million in the prior year quarter, with an operating margin of 6.9%. Adjusted EBITDA for the quarter was $157.1 million, representing an 11.1% margin. The FirstService Residential segment saw a 6% increase in revenues to $593.0 million, while the FirstService Brands segment reported an 11% revenue growth to $822.7 million. Net earnings for the quarter were $55.4 million, up from $44.9 million in the prior year quarter. The company also completed several acquisitions during the period, contributing to the revenue growth.