Growth Metrics

First Advantage (FA) Research & Development (2020 - 2025)

First Advantage's Research & Development history spans 6 years, with the latest figure at $23.9 million for Q4 2025.

  • For Q4 2025, Research & Development fell 3.55% year-over-year to $23.9 million; the TTM value through Dec 2025 reached $101.9 million, up 59.6%, while the annual FY2025 figure was $101.9 million, 59.6% up from the prior year.
  • Research & Development reached $23.9 million in Q4 2025 per FA's latest filing, down from $25.1 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $27.2 million in Q1 2025 to a low of $10.6 million in Q1 2021.
  • Average Research & Development over 5 years is $15.6 million, with a median of $12.9 million recorded in 2022.
  • Peak YoY movement for Research & Development: fell 8.97% in 2023, then soared 127.43% in 2024.
  • A 5-year view of Research & Development shows it stood at $12.0 million in 2021, then rose by 0.01% to $12.0 million in 2022, then fell by 8.97% to $10.9 million in 2023, then skyrocketed by 127.43% to $24.8 million in 2024, then decreased by 3.55% to $23.9 million in 2025.
  • Per Business Quant, the three most recent readings for FA's Research & Development are $23.9 million (Q4 2025), $25.1 million (Q3 2025), and $25.7 million (Q2 2025).