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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›FA›Financials
Annual statements · SEC XBRL · FY2019 – FY2025

FIRST ADVANTAGE CORP (FA) financials

Income statement

FIRST ADVANTAGE CORP (FA) income statement, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$482M$472M$712M$810M$764M$860M$1.57B
Revenue growth—-2.0%50.8%13.7%-5.7%12.6%83.0%
Operating income$92.2M-$2.04M$63.8M$94.3M$81.5M-$62.4M$132M
Operating margin19.1%-0.4%9.0%11.6%10.7%-7.3%8.4%
Net income$34.3M-$47.5M$16.1M$64.6M$37.3M-$110M-$34.8M
Net margin7.1%-10.1%2.3%8.0%4.9%-12.8%-2.2%
EPS (diluted)$0.21-$0.37$0.11$0.43$0.26-$0.74-$0.20

Cash flow

FIRST ADVANTAGE CORP (FA) cash flow, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$71.6M$72.9M$149M$213M$163M$28.2M$195M
Capital expenditures$6.58M$5.30M$7.31M$6.17M$2.08M$1.72M$6.63M
Free cash flow$65.0M$67.5M$141M$207M$161M$26.5M$188M
Share buybacks———$60.5M$59.5M——

Balance sheet

FIRST ADVANTAGE CORP (FA) balance sheet, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$80.7M$153M$293M$392M$214M$169M$240M
Total assets—$1.76B$1.89B$1.89B$1.63B$3.92B$3.83B
Total liabilities—$969M$754M$759M$724M$2.62B$2.52B
Long-term debt—$779M$555M$557M$558M$2.12B$2.08B
Shareholders' equity—$794M$1.13B$1.13B$907M$1.31B$1.31B
Retained earnings—-$47.5M-$31.4M-$27.4M-$49.5M-$160M-$195M
Shares (wtd avg diluted)164M130M142M152M146M149M173M

Every figure is extracted from FIRST ADVANTAGE CORP’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is FIRST ADVANTAGE CORP's annual revenue?
FIRST ADVANTAGE CORP (FA) reported $1.57B of revenue for fiscal year 2025 — up 83.0% from $860M in FY2024, per its annual report filed with the SEC.
Is FIRST ADVANTAGE CORP profitable?
Not in FY2025 — FA reported a net loss of $34.8M, per SEC filings.
What is FIRST ADVANTAGE CORP's free cash flow?
$188M in FY2025 (operating cash flow $195M minus $6.63M of capital expenditures), from the SEC cash-flow statement.
Does FA pay a dividend?
FIRST ADVANTAGE CORP reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full FA analysis — verdict, score & filings →Is FA a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.