First Advantage (FA) Operating Expenses (2020 - 2026)

First Advantage's Operating Expenses history runs 7 years deep, the most recent figure standing at $351.7 million for Q1 2026.

• Quarterly Operating Expenses rose 1.36% year-over-year to $351.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.4 billion (up 31.58% YoY) and the FY2025 annual result came in at $1.4 billion, up 56.29% from the prior year.
• Operating Expenses was $351.7 million for Q1 2026 at First Advantage, down from $375.1 million in the prior quarter.
• Across five years, Operating Expenses topped out at $387.8 million in Q4 2024 and bottomed at $164.2 million in Q1 2023.
• A 5-year average of $242.0 million and a median of $180.3 million in 2022 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2023 — Operating Expenses declined 6.21% — and 2024, when it soared 123.93%.
• First Advantage's Operating Expenses stood at $183.9 million in 2022, then dropped by 5.8% to $173.2 million in 2023, then soared by 123.93% to $387.8 million in 2024, then dropped by 3.26% to $375.1 million in 2025, then dropped by 6.25% to $351.7 million in 2026.
• Business Quant data shows FA's Operating Expenses at $351.7 million in Q1 2026, $375.1 million in Q4 2025, and $366.9 million in Q3 2025.