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

First Advantage has reported Operating Expenses for 7 years, with the latest figure at $351.7 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 1.36% year-over-year to $351.7 million; the trailing twelve-month figure through Mar 2026 stood at $1.4 billion (up 31.58% YoY), and the FY2025 full-year result was $1.4 billion, up 56.29% from the prior year.
• Operating Expenses for Q1 2026 stood at $351.7 million, down from $375.1 million in the prior quarter.
• The five-year high for Operating Expenses was $387.8 million in Q4 2024, with the low at $164.2 million in Q1 2023.
• Historically, Operating Expenses has averaged $242.0 million across 5 years, with a median of $180.3 million in 2022.
• Annual changes were most pronounced in 2023 — Operating Expenses decreased 6.21% — and 2024, when it soared 123.93%.
• First Advantage's Operating Expenses stood at $183.9 million in 2022, then decreased by 5.8% to $173.2 million in 2023, then jumped by 123.93% to $387.8 million in 2024, then decreased by 3.26% to $375.1 million in 2025, then decreased by 6.25% to $351.7 million in 2026.
• The last three Operating Expenses figures came in at $351.7 million (Q1 2026), $375.1 million (Q4 2025), and $366.9 million (Q3 2025), per Business Quant data.