First Advantage(NASDAQ) FA

First Advantage Corporation helps companies check if new hires are qualified. It makes screening people for criminal records and health status simple. Businesses use these tools to manage risks throughout an employee's career.

Helping Businesses Hire Safely

• First Advantage Americas: Background checks and compliance services in the United States, Canada, and Latin America.
• Sterling: Global screening and identity services from the business acquired in October 2024.
• First Advantage International: Verification and screening solutions for employers in Europe, India, and Asia Pacific.
• Adjacent Products: Specialized services for fleet compliance, tenant screening, and hiring tax credits.

Strategic Growth and Acquisitions

• Acquired Sterling Check Corp. on Oct. 31, 2024, to expand its global screening footprint and reportable segments.
• Amended the First Lien Credit Agreement on July 30, 2025, to reduce interest rates on outstanding debt.
• Sold assets related to an adjacent product line during the six months ended June 30, 2026.
• Authorized a $100 million share repurchase program on Feb. 25, 2026, with no expiration date.

Technology and Global Footprint

First Advantage performs background screens across over 200 countries and territories for a customer base of more than 80,000 organizations. The company uses artificial intelligence and proprietary data sets to automate and speed up the applicant evaluation process.

By the Numbers

• Revenues reached $448.8 million for the three months ended June 30, 2026, up 14.9% year over year.
• Net income was $16.9 million for the three months ended June 30, 2026, up from $0.3 million in 2025.
• Adjusted EBITDA was $128.5 million for the three months ended June 30, 2026, up 12.8% year over year.
• The company repurchased over 3.2 million shares for $38.2 million during the six months ended June 30, 2026.
• Cash and cash equivalents totaled $237.9 million as of June 30, 2026.

Bottom Line

First Advantage has grown into a major global screening provider by acquiring competitors and investing in automated technology. Its platform now manages compliance and safety risks for thousands of organizations across the entire workforce lifecycle.