FirstService Brands grew while roofing profitability weakened in the quarter ended September 30, 2026. The October 22 release reported divisional revenue of $898.4 million, up 7%, and adjusted EBITDA of $101.8 million against $102.1 million a year earlier. All amounts are U.S. dollars. [1]
Brands' 3% organic revenue growth came from restoration businesses and Century Fire Protection, partly offset by lower activity at Roofing Corp of America. Management attributed the division's margin decline primarily to reduced roofing profitability, citing lower year-over-year revenue and a more competitive market. That is a direct operating explanation, even though the roofing figures themselves were not separated. [1]
Divisional operating earnings fell to $60.0 million from $73.7 million. The company said contingent-consideration fair-value adjustments benefiting the prior period also affected that comparison. The operating earnings movement therefore includes an accounting comparison beyond the change in current roofing activity. [1]
The historical RCA acquisition announcement provides the business context. In December 2023 FirstService described an Atlanta-based contractor serving building owners, facility and property managers, homeowners' associations and general contractors through reroofing, repair, maintenance and new installations. It reported approximately $400 million of annual revenue and 16 regional branches in 11 states at that time. Those were acquisition-era figures, not the size of RCA in 2026. [2]
The business continued adding contractors: FirstService confirmed the Schefers acquisition in June 2026, extending the disclosed footprint into Kansas City. Schefers' management retained a minority stake and responsibility for daily operations. The later earnings release shows that portfolio expansion coexisted with weaker roofing profitability. [3]
Brands contains multiple property-service businesses. Its revenue and earnings are not standalone RCA results, and no roofing margin can be calculated from them. Adjusted EBITDA is non-GAAP; the disclosure does not isolate the effects of roofing volume, price and mix. [1]
