First Advantage Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,605	1,574	860.21	763.76	810.02	712.3
Revenue Growth (YoY)	53.53%	83.03%	12.63%	-5.71%	13.72%	50.79%
Cost of Revenue	874.15	855.31	448.91	386.78	408.93	352.17
Gross Profit	730.85	719.08	411.29	376.98	401.1	360.13
Selling, General & Admin	224.07	236.18	263.94	116.73	116.64	107.98
Depreciation & Amortization Expenses	249.11	248.58	145.92	129.47	138.25	142.82
Research & Development	99.3	101.85	63.82	49.26	51.93	45.51
Total Operating Expenses	572.48	586.62	473.68	295.47	306.82	296.3
Operating Income	158.37	132.47	-62.38	81.52	94.28	63.82
Total Non-Operating Income (Expense)	150.5	167.62	51.47	33.04	9.2	11.03
Pretax Income	5.02	-37.25	-114.62	48.48	85.08	24.91
Provision for Income Taxes	-3.52	-2.43	-4.34	11.18	20.48	8.86
Net Income	8.54	-34.82	-110.27	37.29	64.6	16.05
Net Income to Common	8.54	-34.82	-110.27	37.29	64.6	16.05
Net Income Growth	-	-	-	-42.27%	302.49%	-
Shares Outstanding (Basic)	174	173	149	144	150	140
Shares Outstanding (Diluted)	175	173	149	146	152	142
Shares Change (YoY)	12.01%	16.57%	1.61%	-3.68%	7.14%	8.99%
EPS (Basic)	0.04	-0.20	-0.74	0.26	0.43	0.11
EPS (Diluted)	0.04	-0.20	-0.74	0.26	0.43	0.11
EPS Growth	-	-	-	-39.53%	290.91%	-
Shares Outstanding	172.71	174.19	173.17	145.08	148.73	152.9
Free Cash Flow	216.13	188.49	26.48	160.74	206.61	141.36
Free Cash Flow Growth	14.66%	611.94%	-83.53%	-22.20%	46.15%	109.28%
Free Cash Flow Per Share	1.23	1.09	0.18	1.10	1.36	1.00
Gross Margin	45.54%	45.67%	47.81%	49.36%	49.52%	50.56%
Operating Margin	9.87%	8.41%	-7.25%	10.67%	11.64%	8.96%
Profit Margin	0.53%	-2.21%	-12.82%	4.88%	7.98%	2.25%
FCF Margin	13.47%	11.97%	3.08%	21.05%	25.51%	19.85%
EBITDA	407.48	381.05	83.54	210.99	232.52	206.64
EBITDA Margin	25.39%	24.20%	9.71%	27.63%	28.71%	29.01%
EBIT	158.37	132.47	-62.38	81.52	94.28	63.82
EBIT Margin	9.87%	8.41%	-7.25%	10.67%	11.64%	8.96%
Effective Tax Rate	-70.18%	6.52%	3.79%	23.07%	24.07%	35.57%

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q