FirstService Corporation (FSV:CA) Q4 2025 Earnings Call Transcript

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FirstService Corporation (FSV:CA) Q4 2025 Earnings Call February 4, 2026 11:00 AM EST

Company Participants

D. Patterson – President, CEO & Non-Independent Director
Jeremy Rakusin – Chief Financial Officer

Conference Call Participants

Frederic Bastien – Raymond James Ltd., Research Division
Stephen MacLeod – BMO Capital Markets Equity Research
Stephen Sheldon – William Blair & Company L.L.C., Research Division
Erin Kyle – CIBC Capital Markets, Research Division
Tim James – TD Cowen, Research Division
Daryl Young – Stifel Nicolaus Canada Inc., Research Division

Presentation

Operator

Welcome to the fourth quarter investors conference call. Today’s call is being recorded. Legal counsel requires us to advise that the discussion scheduled to take place today may contain forward-looking statements that involve known and unknown risks and uncertainties. Actual results may be materially different from any future results, performance or achievements contemplated in the forward-looking statements. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in the company’s annual information form as filed with the Canadian Securities Administrators and in the company’s annual report on Form 40-F as filed with the U.S. Securities and Exchange Commission. As a reminder, today’s call is being recorded. Today is February 4, 2026.

I would now like to turn the call over to Chief Executive Officer, Mr. Scott Patterson. Please go ahead, sir.

D. Patterson
President, CEO & Non-Independent Director

Thank you, Tanya. Good morning, everyone, and welcome to our fourth quarter and year-end conference call. Thank you for joining us today. Jeremy Rakusin is on the line with me and will follow my overview comments with a more detailed review of our financial results for the quarter and the full year. We’re pleased with how we closed out the year in an environment that continues to challenge us across several of our businesses. Our fourth quarter results in aggregate

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