FIRST ADVANTAGE CORP
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.6B | $860.2M | $763.8M | $810.0M | $712.3M |
| Selling, general & administrative | $236.2M | $263.9M | $116.7M | $116.6M | $108.0M |
| Research and development | $101.9M | $63.8M | $49.3M | $51.9M | $45.5M |
| Operating expenses | $1.4B | $922.6M | $682.2M | $715.7M | $648.5M |
| Operating income | $132.5M | -$62.4M | $81.5M | $94.3M | $63.8M |
| Interest expense | — | — | — | — | $25.1M |
| Pretax income | -$37.3M | -$114.6M | $48.5M | $85.1M | $24.9M |
| Income tax expense | -$2.4M | -$4.3M | $11.2M | $20.5M | $8.9M |
| Net income | -$34.8M | -$110.3M | $37.3M | $64.6M | $16.1M |
| Balance Sheet | |||||
| Cash and equivalents | $240.0M | $168.7M | $213.8M | $391.7M | $292.6M |
| Current assets | $561.7M | $476.0M | $373.7M | $566.2M | $466.2M |
| Total assets | $3.8B | $3.9B | $1.6B | $1.9B | $1.9B |
| Current liabilities | $230.5M | $250.7M | $85.0M | $100.8M | $109.3M |
| Total liabilities | $2.5B | $2.6B | $723.9M | $759.2M | $754.3M |
| Total debt | $2.1B | $2.2B | $564.7M | $564.7M | $564.7M |
| Stockholders' equity | $1.3B | $1.3B | $906.7M | $1.1B | $1.1B |
| Cash Flow Statement | |||||
| Cash from operations | $195.1M | $28.2M | $162.8M | $212.8M | $148.7M |
| Depreciation and amortization | $111.8M | $77.2M | $67.4M | $70.0M | $69.4M |
| Stock-based compensation | $24.5M | $31.8M | $15.3M | $7.9M | $9.5M |
| Capital expenditure | $6.6M | $1.7M | $2.1M | $6.2M | $7.3M |
| Free cash flow | $188.5M | $26.5M | $160.7M | $206.6M | $141.4M |
| Share repurchases | $0 | $0 | $59.5M | $60.5M | $0 |
| Impairments | — | — | $0 | $0 | $0 |
Shares outstanding 171.5M · Free float 33.8%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.