First Advantage (FA) Change in Intangibles (2020 - 2026)
First Advantage (FA) reported Change in Intangibles of $14.87 million for Q2 2026, up 28.7% from $11.55 million a year earlier and up 12.6% from the prior quarter.
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Analysis
First Advantage (FA) Change in Intangibles (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, First Advantage's Change in Intangibles came in at $53.51 million, up 34.4% year-over-year; for FY2025, it was $47.62 million, up 55.9% from FY2024.
- Change in Intangibles has increased for six consecutive years, with a five-year compound annual growth rate of 35.2% (FY2020 to FY2025).
- By year, Change in Intangibles came in at $30.55 million in FY2024 (+19.3%), $25.61 million in FY2023 (+14.5%), $22.36 million in FY2022 (+35.7%) and $16.49 million in FY2021 (+56.7%).
- The Q2 2026 figure ranks as the highest quarterly Change in Intangibles in data going back to Q3 2020.
- Year over year, Change in Intangibles has now increased in each of the last 20 quarters, with growth averaging 44.7% over the last eight quarters.
- The year-over-year growth in Change in Intangibles has ranged between 1.3% (Q1 2024) and 73.2% (Q1 2025) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 came in at $13.2 million (Q1 2026), $13.08 million (Q4 2025) and $12.36 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 289.26 Bn | 274.33 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 243.64 Bn | 224.08 Bn | 1.10 Bn | 26.52 Mn |
| 3 | Fortinet | 126.90 Bn | 112.83 Bn | 1.64 Bn | - |
| 4 | Snowflake | 110.61 Bn | 97.93 Bn | 1.04 Bn | - |
| 5 | Datadog | 92.52 Bn | 74.16 Bn | 881.34 Mn | 27.28 Mn |
| 6 | Zscaler | 38.77 Bn | 24.89 Bn | - | - |
| 7 | Axon Enterprise | 33.68 Bn | 28.20 Bn | 546.45 Mn | - |
| 8 | Okta | 33.65 Bn | 23.75 Bn | 641.00 Mn | 6.00 Mn |
| 9 | MongoDB | 29.18 Bn | 19.65 Bn | 569.77 Mn | - |
| 10 | First Advantage | 3.64 Bn | 2.72 Bn | 203.99 Mn | 14.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.87 Mn |
| Mar 31, 2026 | 13.20 Mn |
| Dec 31, 2025 | 13.08 Mn |
| Sep 30, 2025 | 12.36 Mn |
| Jun 30, 2025 | 11.55 Mn |
| Mar 31, 2025 | 10.63 Mn |
| Dec 31, 2024 | 10.16 Mn |
| Sep 30, 2024 | 7.49 Mn |
| Jun 30, 2024 | 6.76 Mn |
| Mar 31, 2024 | 6.14 Mn |
| Dec 31, 2023 | 6.83 Mn |
| Sep 30, 2023 | 6.35 Mn |
| Jun 30, 2023 | 6.38 Mn |
| Mar 31, 2023 | 6.06 Mn |
| Dec 31, 2022 | 6.04 Mn |
| Sep 30, 2022 | 6.08 Mn |
| Jun 30, 2022 | 5.59 Mn |
| Mar 31, 2022 | 4.64 Mn |
| Dec 31, 2021 | 4.52 Mn |
| Sep 30, 2021 | 4.48 Mn |
API Access
First Advantage Change in Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=FA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "ticker": "FA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=FA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();