FA · First Advantage Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $385.20M | - | $409.15M | $390.63M | $354.59M | - | $199.12M | $184.55M | $169.42M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | $24.61M | - | $25.14M | $25.68M | $27.16M | - | $12.91M | $13.68M | $12.47M | - |
| SG&A | $53.48M | - | $57.46M | $57.47M | $65.58M | - | $46.05M | $38.64M | $40.66M | - |
| Total Operating Expenses | $351.68M | - | $366.91M | $352.90M | $346.97M | - | $190.01M | $174.64M | $170.14M | - |
| D&A | $27.80M | - | $28.00M | $27.70M | $27.60M | - | $15.90M | $15.70M | $15.50M | - |
| Operating Income | $33.52M | - | $42.24M | $37.74M | $7.62M | - | $9.11M | $9.90M | ($726.0K) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $1.14M | - | ($798.0K) | ($7.61M) | $2.23M | - | $782.0K | $689.0K | ($1.39M) | - |
| Net Income | $2.17M | - | $2.59M | $308.0K | ($41.19M) | - | ($8.86M) | $1.86M | ($2.91M) | - |
| EPS - Basic | $0.01 | - | $0.01 | $0.00 | ($0.24) | - | ($0.06) | $0.01 | ($0.02) | - |
| EPS - Diluted | $0.01 | - | $0.01 | $0.00 | ($0.24) | - | ($0.06) | $0.01 | ($0.02) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $225.91M | $240.00M | $216.85M | $184.26M | $171.99M | $168.69M | $307.39M | $269.56M | $245.44M | $213.77M |
| Accounts Receivable | $287.68M | $297.28M | $291.03M | $283.08M | $266.05M | $266.80M | $143.02M | $130.77M | $129.01M | $142.69M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $107.19M | $109.89M | $127.51M | $111.64M | $116.04M | $120.87M | $71.11M | $55.49M | $47.96M | $47.02M |
| Current Assets | $539.32M | $561.70M | $542.43M | $502.85M | $471.80M | $475.99M | $466.98M | $427.23M | $399.55M | $373.74M |
| Total Assets | $3.75B | $3.83B | $3.86B | $3.87B | $3.87B | $3.92B | $1.66B | $1.64B | $1.63B | $1.63B |
| Current Liabilities | $203.50M | $230.46M | $239.83M | $253.39M | $241.00M | $250.69M | $121.35M | $99.10M | $93.20M | $85.04M |
| Long-term Debt | $2.06B | $2.08B | $2.10B | $2.10B | $2.12B | $2.12B | $559.84M | $559.37M | $558.91M | $558.46M |
| Total Liabilities | $2.46B | $2.52B | $2.55B | $2.57B | $2.59B | $2.62B | $736.42M | $722.64M | $724.17M | $723.92M |
| Stockholders' Equity | $1.29B | $1.31B | $1.30B | $1.30B | $1.28B | $1.31B | $920.71M | $913.31M | $907.74M | $906.73M |
| Retained Earnings | ($212.15M) | ($194.63M) | ($198.10M) | ($200.69M) | ($201.00M) | ($159.81M) | ($59.44M) | ($50.59M) | ($52.45M) | ($49.55M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $49.43M | - | - | - | $19.47M | - | - | - | $38.33M | - |
| Investing Cash Flow | ($14.02M) | - | - | - | ($11.08M) | - | - | - | ($7.03M) | - |
| Financing Cash Flow | ($44.26M) | - | - | - | ($5.99M) | - | - | - | $689.0K | - |
| CapEx | $2.81M | - | - | - | $485.0K | - | - | - | $321.0K | - |
| Free Cash Flow | $46.62M | - | - | - | $18.99M | - | - | - | $38.01M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 8.7% | - | 10.3% | 9.7% | 2.1% | - | 4.6% | 5.4% | -0.4% | - |
| EBITDA margin | 15.9% | - | 17.2% | 16.8% | 9.9% | - | 12.6% | 13.9% | 8.7% | - |
| Net margin | 0.6% | - | 0.6% | 0.1% | -11.6% | - | -4.4% | 1.0% | -1.7% | - |
| Free cash flow margin | 12.1% | - | - | - | 5.4% | - | - | - | 22.4% | - |
| FCF / Net income | 21.50 | - | - | - | -0.46 | - | - | - | -13.07 | - |
| R&D / Revenue | 6.4% | - | 6.1% | 6.6% | 7.7% | - | 6.5% | 7.4% | 7.4% | - |
| SG&A / Revenue | 13.9% | - | 14.0% | 14.7% | 18.5% | - | 23.1% | 20.9% | 24.0% | - |
| Effective tax rate | 34.4% | - | -44.5% | - | - | - | - | 27.0% | - | - |
| Return on assets | 0.1% | - | 0.1% | 0.0% | -1.1% | - | -0.5% | 0.1% | -0.2% | - |
| Return on equity | 0.2% | - | 0.2% | 0.0% | -3.2% | - | -1.0% | 0.2% | -0.3% | - |
| Return on invested capital | 0.7% | - | 1.2% | 0.9% | 0.2% | - | 0.5% | 0.5% | -0.0% | - |
| Liquidity | ||||||||||
| Current ratio | 2.65 | 2.44 | 2.26 | 1.98 | 1.96 | 1.90 | 3.85 | 4.31 | 4.29 | 4.39 |
| Quick ratio | 2.65 | 2.44 | 2.26 | 1.98 | 1.96 | 1.90 | 3.85 | 4.31 | 4.29 | 4.39 |
| Cash ratio | 1.11 | 1.04 | 0.90 | 0.73 | 0.71 | 0.67 | 2.53 | 2.72 | 2.63 | 2.51 |
| Leverage | ||||||||||
| Debt / Equity | 1.59 | 1.58 | 1.62 | 1.62 | 1.66 | 1.62 | 0.61 | 0.61 | 0.62 | 0.62 |
| Debt / Assets | 0.55 | 0.54 | 0.55 | 0.54 | 0.55 | 0.54 | 0.34 | 0.34 | 0.34 | 0.34 |
| Debt / EBITDA | 33.54 | - | 29.94 | 32.16 | 60.13 | - | 22.38 | 21.85 | 37.83 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.90 | 2.92 | 2.96 | 2.98 | 3.03 | 3.00 | 1.80 | 1.79 | 1.80 | 1.80 |
| Liabilities / Assets | 0.66 | 0.66 | 0.66 | 0.66 | 0.67 | 0.67 | 0.44 | 0.44 | 0.44 | 0.44 |
| Efficiency | ||||||||||
| Asset turnover | 0.10 | - | 0.11 | 0.10 | 0.09 | - | 0.12 | 0.11 | 0.10 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 273d | - | 260d | 265d | 274d | - | 262d | 259d | 278d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 1176.0x | - | 1539.0x | - | - | - | - | 1607.0x | - | - |
| P / B | 1.6x | - | 2.1x | 2.2x | 1.9x | - | 3.1x | 2.6x | 2.6x | - |
| P / S | 5.3x | - | 6.6x | 7.4x | 6.9x | - | 14.4x | 12.7x | 13.7x | - |
| EV / EBITDA | 63.4x | - | 65.3x | 73.8x | 124.4x | - | 124.4x | 102.9x | 178.9x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 8.6% | - | 105.5% | 111.7% | 109.3% | - | -0.6% | -0.4% | -3.5% | - |
| Revenue CAGR (3y) | 30.0% | - | 25.7% | 24.7% | 39.0% | - | 1.1% | 1.8% | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 340.1% | - | 363.5% | 281.1% | - | - | -60.7% | -43.9% | - | - |
| Net income growth (YoY) | - | - | - | -83.4% | -1316.6% | - | - | -81.0% | - | - |
| EPS growth (YoY) | - | - | - | - | -1100.0% | - | - | -85.7% | - | - |
| EPS CAGR (3y) | 0.0% | - | -55.0% | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 145.5% | - | - | - | -50.0% | - | - | - | -1.4% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 1.2% | 0.5% | 41.4% | 42.2% | 40.9% | 44.1% | 3.7% | -16.5% | -18.0% | -19.5% |
Peer comparison
Same SIC group: Services-Computer Processing & Data Preparation
Comparing FIRST ADVANTAGE CORP against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Aug 18, 2023 | $1.5000 |