First Advantage Operating Expenses Growth & History (FA)
First Advantage's operating expenses was $1.44B for fiscal 2025.
View full First Advantage company overviewFirst Advantage annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.44B | $519.3M | +56.29% |
| 2024 | 2024-12-31 | $922.6M | $240.3M | +35.23% |
| 2023 | 2023-12-31 | $682.2M | −$33.5M | −4.68% |
| 2022 | 2022-12-31 | $715.7M | $67.3M | +10.37% |
| 2021 | 2021-12-31 | $648.5M | $174.1M | +36.69% |
| 2020 | 2020-12-31 | $474.4M | $84.8M | +21.77% |
| 2019 | 2019-12-31 | $389.6M | — | — |
First Advantage quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $391.7M | $38.8M | +11.01% |
| Q1 2026 | 2026-03-31 | $351.7M | $4.7M | +1.36% |
| Q4 2025 | 2025-12-31 | $375.1M | −$12.7M | −3.26% |
| Q3 2025 | 2025-09-30 | $366.9M | $176.9M | +93.10% |
| Q2 2025 | 2025-06-30 | $352.9M | $178.3M | +102.07% |
| Q1 2025 | 2025-03-31 | $347.0M | $176.8M | +103.93% |
| Q4 2024 | 2024-12-31 | $387.8M | $214.6M | +123.93% |
| Q3 2024 | 2024-09-30 | $190.0M | $12.9M | +7.26% |
| Q2 2024 | 2024-06-30 | $174.6M | $7.0M | +4.15% |
| Q1 2024 | 2024-03-31 | $170.1M | $5.9M | +3.60% |
| Q4 2023 | 2023-12-31 | $173.2M | −$10.7M | −5.80% |
| Q3 2023 | 2023-09-30 | $177.2M | −$3.2M | −1.76% |
| Q2 2023 | 2023-06-30 | $167.7M | −$11.1M | −6.21% |
| Q1 2023 | 2023-03-31 | $164.2M | −$8.6M | −4.95% |
| Q4 2022 | 2022-12-31 | $183.9M | −$3.4M | −1.79% |
| Q3 2022 | 2022-09-30 | $180.3M | $11.8M | +7.03% |
| Q2 2022 | 2022-06-30 | $178.8M | $21.2M | +13.48% |
| Q1 2022 | 2022-03-31 | $172.8M | $37.5M | +27.76% |
| Q4 2021 | 2021-12-31 | $187.2M | — | — |
| Q3 2021 | 2021-09-30 | $168.5M | $37.0M | +28.13% |
| Q2 2021 | 2021-06-30 | $157.5M | $46.3M | +41.68% |
| Q1 2021 | 2021-03-31 | $135.2M | — | — |
| Q3 2020 | 2020-09-30 | $131.5M | — | — |
| Q2 2020 | 2020-06-30 | $111.2M | — | — |
First Advantage operating expenses trends
Over the last five fiscal years, First Advantage's operating expenses increased from $474.4M to $1.44B, a change of $967.5M. The latest reported quarter, Q2 2026, shows $391.7M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review First Advantage source filings ↗