First Advantage (FA) Operating Leases (2022 - 2026)
First Advantage's (FA) quarterly Operating Leases came in at $4.9 million in Q1 2026, down 38.6% YoY from $7.9 million in Q1 2025, and down 12.0% on a QoQ basis from $5.5 million in Q4 2025.
First Advantage (FA) Operating Leases (2022 - 2026) Analysis & Trends
First Advantage (FA) has 5 years of Operating Leases data on file, last reported at $4.9 million in Q1 2026.
- Quarterly Operating Leases fell 38.6% year-over-year to $4.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.9 million (down 38.6% YoY) and the FY2025 annual result came in at $5.5 million, down 39.61% from the prior year.
- Operating Leases retreated to $4.9 million in Q1 2026, from $5.5 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $11.6 million in Q1 2022 to a low of $3.8 million in Q3 2023.
- A 5-year average of $7.0 million and a median of $6.4 million in 2025 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2023 — Operating Leases plunged 61.33% — and 2024, when it soared 54.26%.
- Tracing FA's Operating Leases over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cintas | 81.84 Bn | 81.56 Bn | 1.48 Bn |
| 2 | Relx | 65.92 Bn | 65.74 Bn | - |
| 3 | Copart | 31.68 Bn | 28.33 Bn | 732.88 Mn |
| 4 | Global Payments | 25.34 Bn | 19.93 Bn | 2.03 Bn |
| 5 | Rb Global | 16.15 Bn | 15.62 Bn | 935.50 Mn |
| 6 | Aramark | 15.72 Bn | 15.22 Bn | 430.34 Mn |
| 7 | UL Solutions | 15.16 Bn | 14.72 Bn | 417.00 Mn |
| 8 | Rentokil Initial | 11.92 Bn | 9.40 Bn | - |
| 9 | Dolby Laboratories | 6.14 Bn | 5.47 Bn | 264.68 Mn |
| 10 | First Advantage | 3.59 Bn | 3.35 Bn | 203.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.16 Mn |
| 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 |