SuperworthFirst Advantage FA
- Market cap
- $3.6B
- PE
- 152×
- 5y median 54.1×
- Forward PE
- n/m
- not a meaningful number
- Price to sales
- 2.2×
- EV/EBIT
- 29.6×
- Revenue, 12 months
- $1.7B
- +33% on a year ago
- Net margin
- 1.5%
- Free cash flow yield
- 6.8%
First Advantage trades at 152× trailing earnings, pricier than 86% of the last ten years. Revenue was $1.7B over the last twelve months, up 33% on a year earlier with a 2% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $200.4M−3% | $202.6M−5% | $169.4M−4% | $184.5M−0% | $199.1M−1% | $307.1M+52% | $354.6M+109% | $390.6M+112% | $409.2M+106% | $420M+37% | $385.2M+9% | $448.8M+15% | |
| Cost of revenue | $101.4M−3% | $101.3M−6% | $87.2M−4% | $92.3M−1% | $100.9M−1% | $168.5M+66% | $192.6M+121% | $207.8M+125% | $222M+120% | $232.9M+38% | $211.4M+10% | $244.8M+18% |
| Gross profit | $99M−3% | $101.3M−3% | $82.2M−3% | $92.2M−0% | $98.2M−1% | $138.6M+37% | $162M+97% | $182.8M+98% | $187.1M+91% | $187.2M+35% | $173.8M+7% | $204M+12% |
| R&D | $13.1M−1% | $10.9M−9% | $12.5M−1% | $13.7M+8% | $12.9M−2% | $24.8M+127% | $27.2M+118% | $25.7M+88% | $25.1M+95% | $23.9M−4% | $24.6M−9% | $27.3M+6% |
| SG&A | $30.2M+8% | $27.9M−4% | $40.7M+42% | $38.6M+29% | $46M+52% | $138.6M+398% | $65.6M+61% | $57.5M+49% | $57.5M+25% | $55.7M−60% | $53.5M−19% | $57.8M+1% |
| $23.2M−10% | $29.4M+2% | −$726K | $9.9M−44% | $9.1M−61% | −$80.7M | $7.6M | $37.7M+281% | $42.2M+364% | $44.9M | $33.5M+340% | $57M+51% | |
| Interest expense | $7.6M+334% | $12.9M+149% | $3.6M−59% | $7.4M+89% | $17.2M+128% | $23.7M+84% | $46.6M+1205% | $44.8M+509% | $40M+133% | $37.3M+57% | $29.8M−36% | $31.6M−29% |
| Pre-tax income | $15.7M−35% | $16.5M−30% | −$4.3M | $2.5M−82% | −$8.1M | −$104.8M | −$39M+807% | −$7.3M | $1.8M | $7.2M | $3.3M | $25.1M |
| $4.9M−27% | $1.7M−51% | −$1.4M | $689K−83% | $782K−84% | −$4.4M | $2.2M | −$7.6M | −$798K | $3.8M | $1.1M−49% | $8.1M | |
| Net income | $10.8M−37% | $14.8M−27% | −$2.9M | $1.9M−81% | −$8.9M | −$100.4M | −$41.2M+1317% | $308K−83% | $2.6M | $3.5M | $2.2M | $16.9M+5392% |
| $0.07−36% | $0.10−23% | −$0.02 | $0.01−86% | −$0.06 | −$0.62 | −$0.24+1100% | $0.00 | $0.01 | $0.02 | $0.01 | $0.10 | |
| 144.7M−5% | 145.7M−3% | 143.6M−2% | 145.9M+0% | 144.1M−0% | 162.7M+12% | 172.8M+20% | 175.1M+20% | 175.5M+22% | 173.6M+7% | 174.9M+1% | 173.2M−1% |
Revenue: Q1 FY21: 6 months less the 3 months printed beside them.
Cost of revenue: Q1 FY21: 6 months less the 3 months printed beside them.
Gross profit: 23 periods, Q2 FY20 to Q2 FY26: not printed by the filing, worked out from its own lines. Q1 FY21: 6 months less the 3 months printed beside them.
R&D: Q1 FY21: 6 months less the 3 months printed beside them.
SG&A: Q1 FY21: 6 months less the 3 months printed beside them.
Operating income: Q1 FY21: 6 months less the 3 months printed beside them.
Interest expense: Q1 FY21: 6 months less the 3 months printed beside them.
Net income: Q1 FY21: 6 months less the 3 months printed beside them.
EPS, diluted: 6 periods, Q1 FY21 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 4 periods, Q4 FY21 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY24: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Peers
Companies in Software - Application nearest First Advantage's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| FAFirst Advantage | $3.6B | 152× | 54.1× | 2.2× | +33% | 1.5% | |
| LIFLife360 | $3.7B | 26.6× | 31.7× | 6.4× | +34% | 25.7% | |
| MGNIMagnite | $3.3B | 22.0× | 41.6× | 4.4× | +8% | 22.5% | |
| FIVNFive9 | $2.8B | 54.5× | 48.9× | 2.3× | +9% | 4.9% | |
| CARGCarGurus | $2.8B | 17.1× | 43.8× | 2.9× | +14% | 18.2% | |
| DXCDXC Technology | $2.6B | 23.0× | 12.3× | 0.2× | −2% | 1.0% | |
| GRNDGrindr | $2.4B | 26.8× | 28.8× | 4.7× | +32% | 18.7% | |
| RAMPLiveRamp | $2.3B | 15.7× | 143× | 2.8× | +9% | 18.7% | |
| PEGAPegasystems | $6B | 20.6× | 66.6× | 3.4× | +4% | 18.7% | |
| TTDTrade Desk | $6.1B | 15.5× | 123× | 2.0× | +12% | 13.6% | |
| DVDoubleVerify | $2.1B | 37.6× | 55.3× | 2.7× | +8% | 7.7% | |
| Peer median | $2.8B | 22.5× | 46.3× | 2.8× | +9% | 18.4% |
Investors who own it
Investors we follow who held First Advantage at the end of Jun 30, 2026, from their 13F filings.
- Ron BaronBaron Capital0.1% of portfoliotrimmed
More on First Advantage
Each number over time
- PE ratio
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
Its groups
About
- Industry
- Software - Application
- Sector
- Technology
Valuation data, not investment advice. Prices as of .