First Advantage (FA) Operating Leases (2022 - 2026)
First Advantage (FA) reported Operating Leases of $4.9 million for Q1 2026, down 38.6% on a YoY basis from $7.9 million in Q1 2025, and down 12.0% quarter-over-quarter from $5.5 million in Q4 2025.
First Advantage (FA) Operating Leases (2022 - 2026) Analysis & Trends
First Advantage has reported Operating Leases for 5 years, with the latest figure at $4.9 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases fell 38.6% year-over-year to $4.9 million; the trailing twelve-month figure through Mar 2026 stood at $4.9 million (down 38.6% YoY), and the FY2025 full-year result was $5.5 million, down 39.61% from the prior year.
- Operating Leases for Q1 2026 stood at $4.9 million, down from $5.5 million in the prior quarter.
- The five-year high for Operating Leases was $11.6 million in Q1 2022, with the low at $3.8 million in Q3 2023.
- Historically, Operating Leases has averaged $7.0 million across 5 years, with a median of $6.4 million in 2025.
- Annual changes were most pronounced in 2023 — Operating Leases plunged 61.33% — and 2024, when it soared 54.26%.
- First Advantage's Operating Leases stood at $7.9 million in 2022, then retreated by 24.72% to $5.9 million in 2023, then soared by 54.26% to $9.1 million in 2024, then plunged by 39.61% to $5.5 million in 2025, then fell by 12.0% to $4.9 million in 2026.
- The last three Operating Leases figures came in at $4.9 million (Q1 2026), $5.5 million (Q4 2025), and $6.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn |
| 10 | First Advantage | 2.87 Bn | 2.65 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.86 Mn |
| Dec 31, 2025 | 5.53 Mn |
| Sep 30, 2025 | 6.41 Mn |
| Jun 30, 2025 | 7.34 Mn |
| Mar 31, 2025 | 7.92 Mn |
| Dec 31, 2024 | 9.15 Mn |
| Sep 30, 2024 | 4.34 Mn |
| Jun 30, 2024 | 4.96 Mn |
| Mar 31, 2024 | 5.63 Mn |
| Dec 31, 2023 | 5.93 Mn |
| Sep 30, 2023 | 3.85 Mn |
| Jun 30, 2023 | 5.73 Mn |
| Mar 31, 2023 | 6.67 Mn |
| Dec 31, 2022 | 7.88 Mn |
| Sep 30, 2022 | 9.95 Mn |
| Jun 30, 2022 | 11.51 Mn |
| Mar 31, 2022 | 11.58 Mn |