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NASDAQ · SERVICES-COMPUTER PROCESSING & DATA PREPARATION · LARGE CAP

First Advantage Corp. FA

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.6B
▲ 83.0% YoY
$-34.8M
$188.5M
▲ 611.9% YoY
In brief

What this company does

First Advantage Corporation provides comprehensive, end-to-end identity solutions, criminal background screening, credential verifications, drug and health screening, and continuous risk monitoring. In 2025, it served a customer base of over 80,000 customers globally. It conducts more than 200 million screens annually. As of December 31, 2025, it performed screens across over 200 countries and territories, with a major presence in the United States, the United Kingdom and India. Approximately 86% of its revenues for the year ended December 31, 2025 were generated in the U.S., with the remaining 14% generated abroad. As of December 31, 2025, it had over 9,500 employees across 19 countries. It classifies its products and solutions into three categories -- pre-onboarding, post-onboarding and adjacent products -- each enabled by its technology, proprietary internal databases and data analytics capabilities. First Advantage Corporation is a Delaware corporation that was incorporated in November 2019.

Written from the business description in First Advantage Corporation's annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth
USD 1.6B
Revenue, FY2025 · full 6-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.6 · Net income -0.0
0.8B201920212022202320242025
Compound annual growth
+24.8%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−2 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 8.4% · Net -2.2%
5%10%15%-5%-10%201920212022202320242025
ROE
FY2025 · ROE -2.7%
2%4%-5%201920212022202320242025

Each USD of equity lost 3 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 188.5
80M160M201920212022202320242025
Net buybacks $M Dividends $M
FY2023 · Dividends — · Net buybacks 59.5
25.0M50.0M20222023

Total assetsUSD 3.8B
EquityUSD 1.3B
CashUSD 240.0M
Gross debtUSD 2.1B
Net debtUSD 1.8B
Current ratio2.44×

Net debt stands at 140% of equity.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202520242023202220212019
Revenue $B1.60.90.80.80.70.5
Operating income $B0.1−0.10.10.10.10.1
EBITDA $B0.20.00.10.20.10.1
Income tax $B−0.0−0.00.00.00.0−0.0
Net income $B−0.0−0.10.00.10.00.0
Free cash flow $B0.20.00.20.20.10.1
EPS, diluted $−0.20−0.740.260.430.110.21
Dividend / sh $·1.501.50···
Payout %······
ROE %−2.7−10.03.75.71.4·
Shares out B0.170.170.150.150.15·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 22 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 54 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Computer Processing & Data Preparation
Listed onNASDAQ
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2019

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