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

First Advantage filings provide 7 years of Operating Expenses readings, the most recent being $351.7 million for Q1 2026.

• Operating Expenses hit $351.7 million in Q1 2026 for 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.
• Average Operating Expenses over 5 years is $242.0 million, with a median of $180.3 million recorded in 2022.
• The largest annual shift saw Operating Expenses fell 6.21% in 2023 before it skyrocketed 123.93% in 2024.
• First Advantage's Operating Expenses stood at $183.9 million in 2022, then fell by 5.8% to $173.2 million in 2023, then surged by 123.93% to $387.8 million in 2024, then fell by 3.26% to $375.1 million in 2025, then fell by 6.25% to $351.7 million in 2026.
• Per Business Quant, the three most recent readings for FA's Operating Expenses are $351.7 million (Q1 2026), $375.1 million (Q4 2025), and $366.9 million (Q3 2025).

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