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First Advantage (FA) Operating Expenses (2020 - 2025)

First Advantage (FA) has disclosed Operating Expenses for 6 consecutive years, with $375.1 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses fell 3.26% year-over-year to $375.1 million, compared with a TTM value of $1.4 billion through Dec 2025, up 56.29%, and an annual FY2025 reading of $1.4 billion, up 56.29% over the prior year.
  • Operating Expenses was $375.1 million for Q4 2025 at First Advantage, up from $366.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $387.8 million in Q4 2024 and bottomed at $135.2 million in Q1 2021.
  • Average Operating Expenses over 5 years is $220.5 million, with a median of $178.0 million recorded in 2022.
  • The sharpest move saw Operating Expenses skyrocketed 791.09% in 2021, then fell 6.21% in 2023.
  • Year by year, Operating Expenses stood at $187.2 million in 2021, then fell by 1.79% to $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.
  • Business Quant data shows Operating Expenses for FA at $375.1 million in Q4 2025, $366.9 million in Q3 2025, and $352.9 million in Q2 2025.