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Companies / Technology / FIRST ADVANTAGE CORP
FA

FIRST ADVANTAGE CORP

TechnologyBusiness Services & Software
Ticker FAATLANTA, GAFiscal year ends DecemberBook value per share $7.44Diluted shares 173.9M

First Advantage Corporation (Nasdaq: FA) is a global software and data company providing comprehensive identity solutions, criminal background screening, credential verifications, drug and health screening, and continuous risk monitoring. The company operates through its core Legacy First Advantage business and the… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.57B
+83.0% year over year
Last 12 mo $1.66B
8.41%
+15.7 percentage points
Last 12 mo 10.68%
$-34.82M
+68.4% year over year
Last 12 mo $25.14M
-2.65%
+5.8 percentage points
Last 12 mo 1.94%
Cash & financing
$195.13M
+592.0% year over year
Last 12 mo $261.34M
$140.87M
+3562.1% year over year
Last 12 mo $195.44M
1.58
Was 1.64× a year earlier
Last 12 mo 1.57
173.2M
+16.6% year over year
Last 12 mo 173.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What FIRST ADVANTAGE CORP does

In the company’s own words

First Advantage Corporation (Nasdaq: FA) is a global software and data company providing comprehensive identity solutions, criminal background screening, credential verifications, drug and health screening, and continuous risk monitoring. The company operates through its core Legacy First Advantage business and the Sterling Check Corp. segment, which became a wholly owned subsidiary following an acquisition completed on October 31, 2024.

First Advantage serves over 80,000 customers worldwide, including approximately two-thirds of the Fortune 100, conducting more than 200 million screens annually across over 200 countries and territories. The company's customer base spans diverse industries including healthcare, transportation and logistics, retail and e-commerce, financial services, manufacturing, staffing, technology, media and entertainment, hospitality, and business services. Approximately 86 percent of revenues are generated in the United States, with the remaining 14 percent from international operations, with particular strength in the United Kingdom and India.

The company's product suite is organized into three categories: pre-onboarding solutions including criminal background checks, drug and health screening, identity verification with biometric fraud mitigation, education and work history verification, and driver compliance; post-onboarding solutions featuring criminal records monitoring, motor vehicle records tracking, I-9 verification, healthcare sanctions monitoring, and social media screening; and adjacent products including fleet and vehicle compliance and hiring tax credits processing.

First Advantage maintains proprietary internal databases containing over one billion records, including a National Criminal Records File with over 900 million criminal records and the Verified! database of approximately 135 million employment and education verification records. The company's technology platforms integrate with more than 100 third-party human capital management and applicant tracking systems, delivering AI-powered automation, anomaly detection, and continuous monitoring capabilities. The company achieved a gross retention rate of approximately 96 percent as of December 31, 2025, with an average tenure exceeding 13 years among its top 100 customers. First Advantage is classified as an accelerated filer and is not a well-known seasoned issuer. The company's website is www.firstadvantage.com.

Company details
Sector
Technology
Industry
Business Services & Software
Headquarters
ATLANTA, GA
Fiscal year end
December
CIK
1210677
SIC
7374

Financial performance, year by year

Fiscal 2021–2025 · USD
$-287.61M$244.41M$776.43M$1.31B$1.84B20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns FIRST ADVANTAGE CORP — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

231
funds hold it
0 of 35
superinvestors hold it
$1.11B
held by funds, at market
38.6%
of shares held by funds

Largest fund holders · FIRST ADVANTAGE CORP’s weight in each

0.20%of fund net assets
T. Rowe Price Mid-Cap Value Fund, Inc.
TRMCX · T. ROWE PRICE MID-CAP VALUE FUND, INC.
0.87%of fund net assets
iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.08%of fund net assets
BARON SMALL CAP FUND
BSCFX · BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)
2.22%of fund net assets
Fidelity Value Fund
FDVLX · Fidelity Capital Trust
0.53%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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