First Advantage Corp (FA) financials
First Advantage revenue and earnings by year
First Advantage's revenue was $1.57 billion in the fiscal year to December 31, 2025, up 83.0% from the year before. Net income was -$34.8 million, -2.2% of revenue. Since the fiscal year to December 31, 2020, revenue has grown 27.2% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 6 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
| Revenue | 1.57 | 0.86 | 0.76 | 0.81 | 0.71 | 0.47 |
| Revenue growth | 83.0% | 12.6% | -5.7% | 13.7% | 50.8% | — |
| Gross profit | 0.72 | 0.41 | 0.38 | 0.40 | 0.36 | 0.23 |
| Gross margin | 45.7% | 47.8% | 49.4% | 49.5% | 50.6% | 49.1% |
| Operating income | 0.13 | -0.06 | 0.08 | 0.09 | 0.06 | -0.01 |
| Operating margin | 8.4% | -7.3% | 10.7% | 11.6% | 9.0% | -2.4% |
| Net income | -0.03 | -0.11 | 0.04 | 0.06 | 0.02 | -0.05 |
| Net margin | -2.2% | -12.8% | 4.9% | 8.0% | 2.3% | -10.1% |
| Diluted EPS | -$0.20 | -$0.74 | $0.26 | $0.43 | $0.11 | — |
| Free cash flow | 0.14 | -0.00 | 0.14 | 0.18 | 0.12 | 0.06 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open FA in Markets.
How First Advantage makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| First Advantage Americas | $216M | 48.1% |
| Sterling | $210M | 46.7% |
| First Advantage International | $23.3M | 5.2% |
See also: FA valuation and P/E history · FA returns
No forecast, no recommendation. This page describes First Advantage Corp from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.