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

First Advantage's Cost of Revenue history runs 7 years deep, the most recent figure standing at $211.4 million for 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 was $211.4 million for Q1 2026 at First Advantage, down from $232.9 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $232.9 million in Q4 2025 and bottomed at $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 retreated 7.27% — and 2025, when it jumped 125.06%.
• First Advantage's Cost of Revenue stood at $107.9 million in 2022, then declined by 6.11% to $101.3 million in 2023, then soared by 66.31% to $168.5 million in 2024, then jumped by 38.2% to $232.9 million in 2025, then dropped by 9.21% to $211.4 million in 2026.
• Business Quant data shows FA's Cost of Revenue at $211.4 million in Q1 2026, $232.9 million in Q4 2025, and $222.0 million in Q3 2025.