newsfilter
← Earnings
Earnings Releases·

First Advantage — Third Quarter 2026 Earnings Summary

  • Revenues rose 13.8% year-over-year to $465.8 million, while net income surged to $20.5 million from $2.6 million and Adjusted EBITDA increased 15.2% to $136.5 million.
  • Management raised full-year 2026 guidance across all metrics, including revenue ($1.720B–$1.745B), Adjusted EBITDA ($488M–$498M), and Adjusted Net Income ($227M–$232M), noting the new low-end ranges exceed prior high-end targets.
  • Strategic initiatives included the acquisition of Data Diver Technologies to enhance AI capabilities and a $45 million debt prepayment, with long-term debt decreasing to $1,990.9 million.
  • The company reported strong operational momentum with over 200 million screens annually, broad-based growth across Americas verticals, and integration benefits from the Sterling acquisition exceeding original expectations.
Company
FIRST ADVANTAGE CORP
Sector
Industrials
Industry
Specialty Business Services