FirstService: 3 Key Takeaways for Long-Term Investors

FirstService reported 6% consolidated revenue growth in Q3 2026, with margin expansion in its residential property management segment through labor optimization and exit of low-margin aquatics operations. The company deployed capital into aggressive share buybacks, repurchasing 9% of outstanding shares since Q2. Restoration services revenues grew 10% year-over-year, supported by geographic diversification across Canada and Hawaii offsetting quieter U.S. weather.