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First Advantage Corp
F:0MS

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First Advantage Corp
F:0MS
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Price: 17.5 EUR -1.13%
Market Cap: €780B

First Advantage Corp
Investor Relations

First Advantage helps employers check the people they hire. It sells background screening services such as criminal record checks, employment and education verification, identity checks, drug and health screening, and ongoing monitoring. Its customers are mainly companies that hire large numbers of workers, especially in industries like staffing, healthcare, retail, transportation, and technology. The company makes money by charging clients for each screening or verification service it performs, plus fees for related software and workflow tools. Customers use its platform to submit candidate data, get checks completed, and keep hiring records organized and compliant. That makes First Advantage a behind-the-scenes part of the hiring process: it is not the employer, but it helps employers reduce hiring risk and move candidates through screening faster. What makes the business model durable is that background checks are a routine step in hiring and employee compliance, not a one-time purchase. First Advantage sits between employers and the many public and private data sources needed to verify a person’s history, so customers pay for speed, coordination, and accuracy. Its role is especially useful for large organizations that need the same screening process applied across many locations, job types, and countries.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Aug 6, 2026
AI Summary
Q2 2026

Strong quarter: First Advantage said Q2 was its strongest quarter yet, with revenue up 15% year over year to $449 million and adjusted diluted EPS up 30% to $0.35.

Broad-based demand: Management described the backdrop as neutral to positive, with improving hiring trends across several verticals and especially strong momentum in high-volume hiring.

Customer initiatives: Roughly half of base growth came from large customer initiatives such as rescreening, hiring, restructuring, and labor reshaping programs, and management expects some of that to continue into Q3 before normalizing.

Guidance raised: The company increased full-year 2026 guidance across all metrics, but said it remains cautious on the second half because of geopolitical and macro uncertainty.

Capital returns: First Advantage continued to prioritize deleveraging, repaying $25 million in May and another $45 million after quarter end, while also buying back shares opportunistically during the quarter.

AI and product mix: Management highlighted Digital Identity, SmartHub AI, and other automation tools as key growth drivers and said AI is improving customer experience, productivity, and operating leverage.

Key Financials
Revenue
$449 million
Adjusted EBITDA
$128.5 million
Adjusted EBITDA margin
28.6%
Adjusted diluted EPS
$0.35
Operating cash flow
$73.6 million
Cash balance
$238 million
Net leverage
3.7x
Debt repayment
$25 million voluntary repayment in Q2 and $45 million voluntary prepayment after quarter end
Share repurchases
$18.7 million in Q2
Shares repurchased
3.2 million shares
Average share repurchase price
$11.78 per share
Enterprise bookings
20
Retention
96%
Upsell, cross-sell, and new logo revenue growth
12.5%
Base growth
6.7%
Estimated underlying Q2 revenue growth excluding customer initiatives
11% to 12%
International revenue growth
2.4% year over year
Full-year 2026 adjusted net income guidance
$214 million to $225 million
Full-year 2026 adjusted diluted EPS guidance
$1.23 to $1.29
Q3 2026 revenue growth outlook
mid- to high single digits
Q4 2026 revenue growth outlook
low to mid-single digits
Earnings Call Recording
Other Earnings Calls

Management

Mr. Scott Staples
CEO & Director
No Bio Available
Ms. Joelle M. Smith
President
No Bio Available
Mr. Bret T. Jardine ESQ.
Chief Legal Officer & Secretary
No Bio Available
Mr. David L. Gamsey CPA
Advisor
No Bio Available
Mr. Steven Marks
Chief Accounting Officer & CFO
No Bio Available
Mr. Douglas Nairne
Global Chief Operating Officer
No Bio Available
Ms. Stephanie D. Gorman
Vice President of Investor Relations
No Bio Available
Mariah Mellor
Director of Corporate Communications
No Bio Available
Beth Price
Chief People & Culture Officer
No Bio Available
Mr. Victor Sachs
Senior Vice President of Customer Service & Digital Transformation
No Bio Available

Contacts

Address
GEORGIA
Atlanta
1 Concourse Parkway Ne, Suite 200, Attn: Bret T. Jardine, Esq.
Contacts
+13026365440
fadv.com