FA financial statements
The full income statement, balance sheet, and cash-flow statement for First Advantage Corporation (FA), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 1.57B+83.0% | 860M+12.6% | 764M-5.7% | 810M+13.7% | 712M+47.9% | |
| 1.44B+56.3% | 923M+35.2% | 682M-4.7% | 716M+10.4% | 648M+66.4% | ||
| Research & development | 102M+59.6% | 63.8M+29.5% | 49.3M-5.1% | 51.9M+14.1% | 45.5M+36.9% | |
| Selling, general & administrative | 236M-10.5% | 264M+126.1% | 117M+0.1% | 117M+8.0% | 108M+26.9% | |
| Restructuring | 27.1M+370.4% | 5.77M-16.8% | 6.94M+176.2% | 2.51M | — | |
| Amortization of intangibles | 137M+99.0% | 68.7M+10.6% | 62.1M-9.1% | 68.3M | — | |
| Provision for credit losses | 705K+346.2% | 158K+382.1% | -56.0K-127.1% | 207K+1317.6% | -17.0K-119.3% | |
| Operating income | 132M+312.3% | -62.4M-176.5% | 81.5M-13.5% | 94.3M+47.7% | 63.8M-30.8% | |
| Interest expense | — | — | — | — | 25.1M-51.7% | |
| Interest & investment income | — | — | — | — | 150K-84.1% | |
| Net interest income | -169M-225.3% | -51.8M-56.9% | -33.0M-259.2% | -9.20M+63.2% | -25.0M | |
| Other non-operating income | -170M-224.9% | -52.2M-58.1% | -33.0M-259.2% | -9.20M+76.4% | -38.9M+23.7% | |
| Pre-tax income | -37.3M+67.5% | -115M-336.4% | 48.5M-43.0% | 85.1M+241.5% | 24.9M-39.5% | |
| Income tax | -2.43M+44.1% | -4.34M-138.8% | 11.2M-45.4% | 20.5M+131.0% | 8.86M+228.5% | |
| Net income | -34.8M+68.4% | -110M-395.7% | 37.3M-42.3% | 64.6M+302.5% | 16.1M-53.1% | |
| -$0.20+73.0% | -$0.74-384.6% | $0.26-39.5% | $0.43 | — | ||
| EPS (basic) | -$0.20+73.0% | -$0.74-384.6% | $0.26-39.5% | $0.43 | — | |
| Weighted-avg shares (basic) | 173M+16.6% | 149M+3.1% | 144M-4.1% | 150M+6.9% | 140M-6.2% | |
| Weighted-avg shares (diluted) | 173M+16.6% | 149M+1.6% | 146M-3.7% | 152M+7.1% | 142M-13.5% | |
| Dividends per share | — | $1.50+0.0% | $1.50 | — | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 562M+18.0% | 476M+27.4% | 374M-34.0% | 566M+21.5% | 466M | ||
| Cash & equivalents | 240M+42.3% | 169M-21.1% | 214M-45.4% | 392M+33.8% | 293M+262.4% | |
| Short-term investments | — | — | 0.00-100.0% | 1.96M+107.9% | 941K | |
| Accounts receivable | 297M+11.4% | 267M+87.0% | 143M-0.8% | 144M-7.7% | 156M | |
| Prepaid expenses | 15.3M-50.6% | 31.0M+131.2% | 13.4M-47.2% | 25.4M+76.9% | 14.4M | |
| Other current assets | — | 21.4M+103.0% | 10.6M | — | — | |
| 3.83B-2.3% | 3.92B+140.6% | 1.63B-13.5% | 1.89B-0.0% | 1.89B | ||
| Property, plant & equipment | 251M-18.4% | 308M+287.1% | 79.4M-30.0% | 114M-26.4% | 154M | |
| Operating lease right-of-use | 9.26M-32.2% | 13.7M+87.7% | 7.28M-31.8% | 10.7M | — | |
| Goodwill | 2.14B+0.9% | 2.12B+158.9% | 821M+3.5% | 793M-0.1% | 794M | |
| Intangible assets | 857M-13.2% | 988M+187.2% | 344M-13.4% | 397M-14.5% | 464M | |
| Deferred tax assets | 4.18M-26.4% | 5.68M+103.9% | 2.79M+15.0% | 2.42M+71.4% | 1.41M | |
| Other non-current assets | 16.3M-22.9% | 21.2M+111.6% | 10.0M-25.3% | 13.4M+107.9% | 6.46M | |
| 230M-8.1% | 251M+194.8% | 85.0M-15.6% | 101M-7.8% | 109M | ||
| Accounts payable | 110M-9.1% | 121M+157.0% | 47.0M-14.4% | 54.9M+1.8% | 54.0M | |
| Accrued liabilities | 49.1M+9.9% | 44.7M+176.6% | 16.2M-1.5% | 16.4M-24.9% | 21.8M | |
| Deferred revenue | 5.03M+17.6% | 4.27M+130.3% | 1.86M+75.8% | 1.06M+21.0% | 873K | |
| Short-term & current debt | 0.00-100.0% | 21.9M | 0.00 | — | 0.00 | |
| Current lease liability | 3.57M-15.9% | 4.25M+26.6% | 3.35M-32.3% | 4.96M | 0.00 | |
| Finance lease liability (current) | 13.0K+0.0% | 13.0K | 0.00-100.0% | 104K | — | |
| 2.52B-3.7% | 2.62B+261.3% | 724M-4.6% | 759M+0.6% | 754M | ||
| Long-term debt | 2.08B-1.9% | 2.12B+279.8% | 558M+0.3% | 557M+0.3% | 555M | |
| Non-current lease liability | 5.53M-39.6% | 9.15M+54.3% | 5.93M-24.7% | 7.88M | 0.00 | |
| Operating lease liability (total) | 9.09M-33.8% | 13.7M+44.1% | 9.53M-27.8% | 13.2M | — | |
| Finance lease liability (total) | 19.0K-38.7% | 31.0K | — | 104K | — | |
| Finance lease liability | 6.00K-66.7% | 18.0K | 0.00 | 0.00 | — | |
| Deferred tax liabilities | 190M-14.6% | 223M+212.5% | 71.3M-21.3% | 90.6M+7.0% | 84.7M | |
| Other non-current liabilities | 14.0M+16.5% | 12.0M+272.2% | 3.22M-3.5% | 3.34M-39.8% | 5.54M | |
| 1.31B+0.5% | 1.31B+44.1% | 907M-19.5% | 1.13B-0.5% | 1.13B | ||
| Common stock | 174K+0.6% | 173K+19.3% | 145K-2.7% | 149K-2.6% | 153K | |
| Additional paid-in capital | 1.53B+1.6% | 1.50B+53.9% | 977M-16.9% | 1.18B+0.9% | 1.17B | |
| Retained earnings | -195M-21.8% | -160M-222.6% | -49.5M-81.1% | -27.4M+13.0% | -31.4M | |
| Accumulated other comprehensive income | -20.3M+45.6% | -37.3M-76.5% | -21.2M+5.3% | -22.3M-1264.1% | -1.64M | |
| Total equity incl. non-controlling | 1.31B+0.5% | 1.31B+44.1% | 907M-19.5% | 1.13B-0.5% | 1.13B | |
| Total liabilities & equity | 3.83B-2.3% | 3.92B+140.6% | 1.63B-13.5% | 1.89B-0.0% | 1.89B | |
| Common shares issued | 174M+0.6% | 173M+19.4% | 145M-2.5% | 149M-2.7% | 153M | |
| Common shares outstanding | 174M+0.6% | 173M+19.4% | 145M-2.5% | 149M-2.7% | 153M | |
| Shares outstanding (cover) | 174M+0.5% | 174M+19.5% | 145M-1.8% | 148M-3.4% | 153M | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 195M+592.0% | 28.2M-82.7% | 163M-23.5% | 213M+43.1% | 149M+107.7% | ||
| Depreciation & amortization | 112M+44.8% | 77.2M+14.5% | 67.4M-3.7% | 70.0M-51.0% | 143M+858.5% | |
| Intangible amortization | 137M+99.0% | 68.7M+10.6% | 62.1M-9.1% | 68.3M | — | |
| Share-based compensation | 24.5M-23.0% | 31.8M+108.1% | 15.3M+94.3% | 7.86M-17.6% | 9.53M+683.7% | |
| Deferred income taxes | -32.9M-9.8% | -29.9M-53.1% | -19.6M-432.2% | 5.89M | — | |
| Change in receivables | 29.7M+242.8% | -20.8M-788.2% | -2.34M+74.4% | -9.15M-122.4% | 40.8M+272.5% | |
| Change in payables | -16.0M+37.1% | -25.4M-199.3% | -8.50M-385.0% | 2.98M-60.3% | 7.52M-41.1% | |
| -54.1M+96.7% | -1.65B-2371.3% | -66.8M-37.6% | -48.6M+32.9% | -72.4M-307.1% | ||
| Capital expenditure | 6.63M+285.6% | 1.72M-17.5% | 2.08M-66.2% | 6.17M-15.7% | 7.31M+11.2% | |
| Free cash flow | 188M+611.9% | 26.5M-83.5% | 161M-22.2% | 207M+46.2% | 141M+117.5% | |
| Acquisitions | 0.00-100.0% | 1.62B+3839.0% | 41.1M+115.8% | 19.1M-61.1% | 48.9M | |
| Proceeds from sale of PP&E | — | — | — | 90.0K | 0.00-100.0% | |
| Other investing activities | -122K-37.1% | -89.0K+95.5% | -1.97M-294.3% | 1.02M+433.1% | -305K | |
| -70.8M-104.5% | 1.58B+678.0% | -274M-362.4% | -59.2M-192.6% | 63.8M+2110.3% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00-100.0% | 59.5M-1.7% | 60.5M | 0.00 | |
| Dividends paid | 0.00 | — | — | 0.00 | 0.00 | |
| FX effect on cash | 362K+121.3% | -1.70M-465.4% | -301K+95.0% | -6.01M-2063.3% | -278K-113.8% | |
| Net change in cash | 70.6M+258.9% | -44.4M+75.0% | -178M-279.7% | 99.0M-29.2% | 140M+176.9% | |
| Interest paid | 162M+146.0% | 65.8M+43.9% | 45.7M+69.0% | 27.0M+17.4% | 23.0M-58.7% | |
| Income taxes paid | 30.4M+30.1% | 23.4M-26.0% | 31.6M+81.0% | 17.5M+68.7% | 10.4M+97.4% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 2.53B-22.1% | 3.25B+35.2% | 2.40B+21.7% | 1.98B-32.2% | 2.91B | |
| P/E | — | — | 56.4×+70.9% | 33.0×-81.8% | 181.4× | |
| P/S | 1.6×-57.4% | 3.8×+21.6% | 3.1×+27.4% | 2.4×-40.4% | 4.1× | |
| P/B | 1.9×-22.4% | 2.5×-8.2% | 2.7×+59.0% | 1.7×-33.8% | 2.6× | |
| P/FCF | 13.4×-89.1% | 122.7×+788.6% | 13.8×+39.9% | 9.9×-52.1% | 20.6× | |
| Earnings yield | — | — | 1.8%-41.5% | 3.0%+449.7% | 0.55% | |
| FCF yield | 7.4%+813.5% | 0.81%-88.7% | 7.2%-28.5% | 10.1%+108.6% | 4.9% | |
| Dividend yield | — | 8.0%-11.5% | 9.1% | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: FA’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FA filings on SEC EDGAR → Not investment advice.
