Company / R&D Expense
FIRST ADVANTAGE CORP R&D Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$101.9M
FY2025
5-year range
$45.5M / $101.9M
FY2021-FY2025
Trend
+59.6%
vs FY2024
Sector context
#188 of 264
Information Technology
What the data says
At $102M, FIRST ADVANTAGE CORP's r&d expense ranks #188 of 264 in the Information Technology sector. R&D Expense has fluctuated over the past 7 years, ranging from $32M in FY2020 to $102M in FY2025.
Based on SEC 10-K filings.
$102M in FY2025 with a 5-year CAGR of +25.9%.
Improved from $49M to $102M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +25.2%
- 5-Year CAGR
- +25.9%
- 10-Year CAGR
- -
Sector benchmark
#188 of 264 in Information TechnologyTop 71% of 264This company $101.9M Sector average $924.6M
▼
-89.0% below sector average
Key checks
Key Insights
- 5-year CAGR of +25.9%, indicating consistent growth.
- In FY2025, r&d expense increased 59.6% year-over-year.
- Ranks #188 out of 264 companies in the Information Technology sector.
- Lowest r&d expense in the period was in FY2020.
Company context
Key Data Points
- Altman Z-Score 0.76 (distress zone, below 1.8 threshold)
- Negative profit margin: -12.8%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $101.9M | +59.6% |
| FY2024 | $63.8M | +29.5% |
| FY2023 | $49.3M | -5.1% |
| FY2022 | $51.9M | +14.1% |
| FY2021 | $45.5M | +41.3% |
| FY2020 | $32.2M | -3.1% |
| FY2019 | $33.2M | - |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026