First Advantage (FA) Research & Development (2020 - 2026)
Quarterly Research & Development fell 9.39% to $24.6 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $99.3 million through Mar 2026, up 26.49% year-over-year, with the annual reading at $101.9 million for FY2025, 59.6% up from the prior year.
First Advantage filings provide 7 years of Research & Development readings, the most recent being $24.6 million for Q1 2026.
- Research & Development hit $24.6 million in Q1 2026 for 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.
- Average Research & Development over 5 years is $17.1 million, with a median of $13.2 million recorded in 2022.
- The largest annual shift saw Research & Development soared 127.43% in 2024 before it fell 9.39% in 2026.
- First Advantage's Research & Development stood at $12.0 million in 2022, then decreased by 8.97% to $10.9 million in 2023, then soared by 127.43% to $24.8 million in 2024, then dropped by 3.55% to $23.9 million in 2025, then rose by 3.01% to $24.6 million in 2026.
- Per Business Quant, the three most recent readings for FA's Research & Development are $24.6 million (Q1 2026), $23.9 million (Q4 2025), and $25.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | - |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | - |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | - |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | - |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | - |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | - |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | - |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | - |
| 10 | First Advantage | 2.62 Bn | 2.39 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 |
| Mar 31, 2021 | 10.55 Mn |
| Dec 31, 2020 | 11.71 Mn |
| Sep 30, 2020 | 8.34 Mn |
| Jun 30, 2020 | 7.21 Mn |