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
DateValue
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