First Advantage (FA) Cost of Revenue (2020 - 2026)

First Advantage (FA) has 7 years of Cost of Revenue data on file, last reported at $211.4 million in Q1 2026.

• Quarterly Cost of Revenue rose 9.79% year-over-year to $211.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $874.2 million (up 57.71% YoY) and the FY2025 annual result came in at $855.3 million, up 90.53% from the prior year.
• Cost of Revenue slipped to $211.4 million in Q1 2026, from $232.9 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $232.9 million in Q4 2025 to a low of $87.2 million in Q1 2024.
• A 5-year average of $136.0 million and a median of $101.4 million in 2023 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2023 — Cost of Revenue dropped 7.27% — and 2025, when it jumped 125.06%.
• Tracing FA's Cost of Revenue over 5 years: stood at $107.9 million in 2022, then slipped by 6.11% to $101.3 million in 2023, then jumped by 66.31% to $168.5 million in 2024, then surged by 38.2% to $232.9 million in 2025, then decreased by 9.21% to $211.4 million in 2026.
• The last three Cost of Revenue figures came in at $211.4 million (Q1 2026), $232.9 million (Q4 2025), and $222.0 million (Q3 2025), per Business Quant data.