# FirstService Corp. Q2 Earnings Show Roofing Weakness

> FirstService Corp. Q2 earnings show roofing and closet segments staying soft despite stable property management.
- Title: FirstService Corp. Q2 Earnings Show Roofing Weakness
- Summary: FirstService Corp. Q2 earnings show roofing and closet segments staying soft despite stable property management. Roofing and closet demand remains suppressed…
- Keywords: fsv, roofing, closet, property, real estate, century fire protection, q2 2026, FirstService, Corp, Earnings, Show, Weakness
- Source: Alphastreet - Earnings Decoded. Market Intelligence Delivered — https://news.alphastreet.com/firstservice-corp-fsv-endures-tough-q2-as-roofing-and-closet-segments-stay-soft
- Author: Newsdesk
- Published: 2026-09-23T18:10:12+00:00
- Read time: 1 min
- Topics: fsv, roofing, closet, property, real estate, century fire protection, q2 2026
## Q2 Results Overview
FirstService Corp. reported Q2 2026 revenue of $1.45 billion, a 2% year-over-year increase.
## Property Management Stabilizes
FirstService Residential maintained steady performance through new contracts and improved labor availability.
## Roofing Segment Weakness
Roofing and closet services face persistent demand suppression due to high mortgage rates and economic uncertainty.
## Century Fire Protection Strength
Century Fire Protection maintained high single-digit organic growth, offsetting roofing and closet weakness.
## Earnings Growth Matches Revenue
Adjusted EPS grew 2% in Q2 2026, matching revenue growth with no operational leverage.
## Acquisition Strategy Shift
Management pivoted to smaller tuck-under acquisitions to reduce integration risks and preserve balance sheet flexibility.
## Investor Watchpoints
Monitor mortgage rate trends, Century Fire Protection growth, and acquisition target quality for recovery signals.
## Key takeaway

Roofing and closet demand remains suppressed by high mortgage rates, not execution issues.