Welcome to our dedicated page for First Advantage news (Ticker: FA), a resource for investors and traders seeking the latest updates and insights on First Advantage stock.
First Advantage Corporation provides global software and data for HR technology, including identity solutions, criminal background screening, credential verifications, drug and health screening, and continuous risk monitoring. Its updates center on employment screening demand, digital identity and verification services, AI-enabled platforms, proprietary data assets, and customer needs across the employee lifecycle.
Recurring news also covers quarterly results, guidance, cash flow, debt prepayments, share repurchase activity, investor conference participation, and industry research such as global background screening trends for HR leaders and job seekers.
First Advantage (NASDAQ: FA) announced the pricing of a previously disclosed underwritten secondary offering of 12,500,000 common shares by investment funds of Silver Lake at $22.20 per share. First Advantage is not selling shares and will not receive proceeds; all proceeds go to the selling stockholder.
The deal is expected to close on or about August 12, 2026, subject to customary conditions. The selling stockholder agreed to a 30-day lock-up with the underwriter, but plans to distribute up to 4,200,000 additional shares to its limited partners that are not subject to this lock-up. J.P. Morgan Securities is the sole underwriter.
First Advantage (NASDAQ: FA) announced that investment funds affiliated with Silver Lake Group intend to sell 12,500,000 First Advantage common shares in an underwritten secondary offering under an effective Form S-3 registration statement. The company is not selling shares and will receive no proceeds; all proceeds go to the selling stockholder. J.P. Morgan Securities is acting as underwriter, and the selling stockholder agreed to a 30-day lock-up, while up to 4,200,000 additional shares may be distributed to its limited partners outside the lock-up.
First Advantage (NASDAQ: FA) reported record second quarter 2026 revenues of $448.8 million, up 14.9% year-over-year, with GAAP net income of $16.9 million (3.8% margin) and diluted EPS of $0.10. Adjusted EBITDA was $128.5 million (28.6% margin), while Adjusted Net Income reached $61.4 million and Adjusted diluted EPS was $0.35. Operating cash flow for the first half of 2026 totaled $123.0 million, including $73.6 million in Q2.
According to First Advantage, the company made voluntary debt prepayments of $25 million during the quarter and $45 million on August 4, and repurchased $18.7 million of stock in Q2, $38.2 million year‑to‑date (~1.9% of shares). Full‑year 2026 guidance was raised to revenues of $1.67–$1.71 billion, Adjusted EBITDA of $472–$486 million, Adjusted Net Income of $214–$225 million, and Adjusted diluted EPS of $1.23–$1.29.
First Advantage (NASDAQ: FA), a global software and data company, announced its inclusion on TIME’s America’s Best Companies 2026 list, ranking #1 in Background Screening and Identity Verification. The recognition is compiled by TIME in collaboration with Statista.
According to the company, the ranking is based on three dimensions: employee satisfaction using surveys from about 217,000 verified U.S. employees; financial performance using at least five years of revenue and profitability data for companies with 2025 revenue above $100 million; and sustainability transparency using ESG indicators. First Advantage was also placed in the top 25 nationwide in the Professional Services category and among the top three Professional Services companies ranked by financial performance.
First Advantage (NASDAQ: FA) plans to release its second quarter 2026 financial results on Thursday, August 6, 2026, before an earnings conference call at 8:30 a.m. ET. Investors can join by dialing 800-274-8461 (domestic) or 203-518-9814 (international) using conference code FA2Q26.
The call will be webcast live on the company’s investor relations website under “News & Events” > “Events & Presentations,” with presentation materials posted beforehand. A replay of the webcast will be available after the call on the same website.
First Advantage (NASD: FA) will join the S&P SmallCap 600 effective before market open on June 16, 2026, replacing Kennedy-Wilson Holdings (KW), which is being acquired by a consortium led by its CEO and Fairfax Financial Holdings, pending final closing conditions.
First Advantage (NASDAQ: FA) announced that management will participate in four investor conferences in May–June 2026 with webcasts and investor meetings.
Events include Needham (May 14, virtual webcast 9:30 AM ET), William Blair (June 2, webcast 10:20 AM ET, Chicago), Stifel Boston (June 3, investor meetings), and Baird (June 4, webcast 2:00 PM ET, New York). Live webcasts and limited-time replays are available on the First Advantage investor relations website.
First Advantage (NASDAQ: FA) reported Q1 2026 results for the quarter ended March 31, 2026. Revenues were $385.2 million (up 8.6% YoY). GAAP net income was $2.2 million (0.6% margin); Adjusted EBITDA was $105.3 million (27.3% margin). Adjusted net income was $45.1 million and adjusted diluted EPS was $0.26. Cash flow from operations was $49.4 million. During the quarter the company repurchased $19.5 million of shares under a $100 million program and made voluntary debt prepayments of $25 million on Feb 27 and an additional $25 million on May 6. First Advantage reaffirmed full year 2026 guidance: revenues $1,625M–$1,700M, adjusted EBITDA $460M–$485M, adjusted net income $200M–$220M, adjusted diluted EPS $1.15–$1.25.
First Advantage (NASDAQ: FA) will release its first quarter 2026 financial results on Thursday, May 7, 2026 before holding an investor conference call at 8:30 a.m. ET the same day.
Live dial‑in and a webcast will be available; presentation materials and a replay will be posted on the investor relations website.
First Advantage (NASDAQ: FA) released its 2026 Global Background Screening Trends Report on March 13, 2026, reflecting insights from more than 5,000 CHROs, HR leaders and job seekers across nine industries and five regions. Findings show rising identity-fraud and an 89% intent to expand screening within two years.
The report highlights dual mandates of risk and speed, growing multi-country work histories for >60% of employers, and increased AI adoption that drives efficiency and new fraud risks. First Advantage cites its 80,000+ customers and emphasizes simplified, automated screening across the employee lifecycle.