First Advantage (FA) Research & Development (2020 - 2026)

First Advantage's Research & Development history runs 7 years deep, the most recent figure standing at $24.6 million for Q1 2026.

• Quarterly Research & Development fell 9.39% year-over-year to $24.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $99.3 million (up 26.49% YoY) and the FY2025 annual result came in at $101.9 million, up 59.6% from the prior year.
• Research & Development was $24.6 million for Q1 2026 at First Advantage, up from $23.9 million in the prior quarter.
• Across five years, Research & Development topped out at $27.2 million in Q1 2025 and bottomed at $10.9 million in Q4 2023.
• A 5-year average of $17.1 million and a median of $13.2 million in 2022 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2024 — Research & Development surged 127.43% — and 2026, when it declined 9.39%.
• First Advantage's Research & Development stood at $12.0 million in 2022, then slipped by 8.97% to $10.9 million in 2023, then jumped by 127.43% to $24.8 million in 2024, then declined by 3.55% to $23.9 million in 2025, then grew by 3.01% to $24.6 million in 2026.
• Business Quant data shows FA's Research & Development at $24.6 million in Q1 2026, $23.9 million in Q4 2025, and $25.1 million in Q3 2025.