First Advantage (FA) Operating Leases (2022 - 2026)

First Advantage's Operating Leases history runs 5 years deep, the most recent figure standing at $4.9 million for 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 was $4.9 million for Q1 2026 at First Advantage, down from $5.5 million in the prior quarter.
• Across five years, Operating Leases topped out at $11.6 million in Q1 2022 and bottomed at $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 tumbled 61.33% — and 2024, when it soared 54.26%.
• First Advantage's Operating Leases stood at $7.9 million in 2022, then slipped by 24.72% to $5.9 million in 2023, then surged by 54.26% to $9.1 million in 2024, then slumped by 39.61% to $5.5 million in 2025, then decreased by 12.0% to $4.9 million in 2026.
• Business Quant data shows FA's Operating Leases at $4.9 million in Q1 2026, $5.5 million in Q4 2025, and $6.4 million in Q3 2025.