First Advantage (FA) Research & Development (2020 - 2026)
First Advantage (FA) reported Research & Development of $24.6 million for Q1 2026, down 9.39% on a YoY basis from $27.2 million in Q1 2025, and up 3.01% quarter-over-quarter from $23.9 million in Q4 2025.
First Advantage (FA) Research & Development (2020 - 2026) Analysis & Trends
First Advantage has reported Research & Development for 7 years, with the latest figure at $24.6 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 9.39% year-over-year to $24.6 million; the trailing twelve-month figure through Mar 2026 stood at $99.3 million (up 26.49% YoY), and the FY2025 full-year result was $101.9 million, up 59.6% from the prior year.
- Research & Development for Q1 2026 stood at $24.6 million, up from $23.9 million in the prior quarter.
- The five-year high for Research & Development was $27.2 million in Q1 2025, with the low at $10.9 million in Q4 2023.
- Historically, Research & Development has averaged $17.1 million across 5 years, with a median of $13.2 million in 2022.
- Annual changes were most pronounced in 2024 — Research & Development surged 127.43% — and 2026, when it decreased 9.39%.
- First Advantage's Research & Development stood at $12.0 million in 2022, then retreated by 8.97% to $10.9 million in 2023, then surged by 127.43% to $24.8 million in 2024, then slipped by 3.55% to $23.9 million in 2025, then advanced by 3.01% to $24.6 million in 2026.
- The last three Research & Development figures came in at $24.6 million (Q1 2026), $23.9 million (Q4 2025), and $25.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (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 | 63.65 Mn |
| 10 | First Advantage | 2.87 Bn | 2.65 Bn | - | 24.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.61 Mn |
| Dec 31, 2025 | 23.89 Mn |
| Sep 30, 2025 | 25.14 Mn |
| Jun 30, 2025 | 25.68 Mn |
| Mar 31, 2025 | 27.16 Mn |
| Dec 31, 2024 | 24.77 Mn |
| Sep 30, 2024 | 12.91 Mn |
| Jun 30, 2024 | 13.68 Mn |
| Mar 31, 2024 | 12.47 Mn |
| Dec 31, 2023 | 10.89 Mn |
| Sep 30, 2023 | 13.11 Mn |
| Jun 30, 2023 | 12.64 Mn |
| Mar 31, 2023 | 12.62 Mn |
| Dec 31, 2022 | 11.96 Mn |
| Sep 30, 2022 | 13.25 Mn |
| Jun 30, 2022 | 12.95 Mn |
| Mar 31, 2022 | 13.77 Mn |
| Dec 31, 2021 | 11.96 Mn |
| Sep 30, 2021 | 11.31 Mn |
| Jun 30, 2021 | 11.68 Mn |