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Reported August 6, 2026 · Before market open

Revenue$448.8MBeat by $33.7M
EPS$0.35Beat by $0.06
Revenue estimate$415.0M
EPS estimate$0.29
“Our outstanding second quarter performance, highlighted by 15% year-over-year revenue growth and exceptional per share earnings growth, demonstrated the strength of our AI-driven proprietary technology platform and our continued go-to-market momentum. In addition to our team's excellent execution, our results benefited from sustained momentum driven by our recent large contract wins and continued improvement in base revenue performance. We further showcased the agility, flexibility, and scalability of our operations by seamlessly absorbing increased volumes and continuing to enable our customers to hire with speed and confidence. We continue to see increased customer demand across a number of our verticals, including in transportation & logistics, retail & e-commerce, industrials & manufacturing, and general staffing. We outpaced our previously stated expectations for the quarter as well as our long-term revenue growth algorithm target, supported by exceptional base growth, upsell and cross-sell outperformance, consistent new logo wins, including 20 enterprise bookings in the quarter, and healthy customer retention. As we mark the fifth anniversary of our IPO, we continue to win with our differentiated suite of products, including Digital Identity, underpinned by our proprietary data sets, deep customer relationships, and focused FA 5.0 strategy.”
Scott Staples

Next report

Nov 5, 2026 (In 3 weeks)
Revenue estimate$437.6M
EPS estimate$0.34

Financials

Q2 2026

Income statement

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Revenue$448.8M+14.9%
Operating income$57.0M+51.1%
Net income$16.9M+5,392%
EPS (diluted)$0.10—

Balance sheet

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Cash & equivalents$237.9M+29.1%
Total debt$2.0B-4.5%
Total equity$1.3B-0.4%
Total assets$3.7B-3.2%

Cash flow

See full
Operating cash flow$73.6M+97.1%
CapEx$4.7M+277%
Free cash flow$68.9M+90.9%

Valuation & ratios

Valuation

as of 10/09/26
See full
Market cap$3.22B+27.5%
Enterprise value$5.02B+13.6%
P/E148.4×—
P/S1.9×+0.2×

Profitability

See full
Operating margin10.7%+9.2pp
Net margin1.3%+0.7pp
FCF margin15%—

Returns & leverage

See full
Return on equity1.7%+0.9pp
Debt / equity1.6×-0.1×
Current ratio2.5×+0.5×

Segments

By segment

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First Advantage Americas$216.8M+32.6%
Sterling$209.5M+2.8%
First Advantage International$24.6M-5.0%

FAQ

When did First Advantage Corporation report Q2 2026 earnings?
First Advantage Corporation (FA) reported Q2 2026 earnings on August 6, 2026 before market open.
What were First Advantage Corporation's Q2 2026 revenue and EPS?
First Advantage Corporation reported revenue of $448.8M and eps of $0.35 for Q2 2026.
Did First Advantage Corporation beat estimates in Q2 2026?
Revenue beat the consensus estimate of $415.0M by $33.7M. EPS beat the consensus estimate of $0.29 by $0.06.
How did First Advantage Corporation's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 14.9% from $390.6M a year earlier and eps grew 29.6% from $0.27.
Where can I find First Advantage Corporation's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-336358) and the 10-Q periodic report (0001193125-26-338063) directly on SEC EDGAR. The filing index links above go to sec.gov.