First Advantage (FA) Change in Receivables (2020 - 2026)
First Advantage's Change in Receivables was $21.83 million in Q2 2026, up 45.9% from $14.96 million a year earlier.
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Analysis
First Advantage (FA) Change in Receivables (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, First Advantage's Change in Receivables was $30.13 million through Jun 30, 2026, up 621.2% year-over-year; for FY2025, it was $29.67 million.
- Change in Receivables shows a five-year compound annual growth rate of 0.8% (FY2020 to FY2025).
- In earlier years, Change in Receivables was -$20.78 million in FY2024, -$2.34 million in FY2023, -$9.15 million in FY2022 and $40.84 million in FY2021 (+43.1%).
- The Q2 2026 figure marks the highest quarterly Change in Receivables since Q2 2021.
- Compared with a year earlier, Change in Receivables was higher in two of the last four quarters, with growth averaging 181.8%.
- The best year-over-year quarter for Change in Receivables over five years was Q2 2025 (growth of 723.3%); the worst was Q2 2024 (a decline of 84.8%).
- Per Business Quant data, FA's Change in Receivables in the three quarters before Q2 2026 was -$8.34 million (Q1 2026), $6.55 million (Q4 2025) and $10.09 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.42 Bn | 240.49 Bn | 2.30 Bn | 776.00 Mn |
| 2 | CrowdStrike Holdings | 232.07 Bn | 212.47 Bn | 1.10 Bn | 104.65 Mn |
| 3 | Fortinet | 125.35 Bn | 111.28 Bn | 1.64 Bn | -29.90 Mn |
| 4 | Snowflake | 111.63 Bn | 98.94 Bn | 1.04 Bn | 146.59 Mn |
| 5 | Datadog | 91.35 Bn | 72.99 Bn | 881.34 Mn | 151.65 Mn |
| 6 | Zscaler | 34.43 Bn | 20.55 Bn | - | - |
| 7 | Okta | 33.87 Bn | 23.97 Bn | 641.00 Mn | 83.00 Mn |
| 8 | Axon Enterprise | 31.65 Bn | 26.18 Bn | 546.45 Mn | 305.83 Mn |
| 9 | MongoDB | 29.46 Bn | 19.93 Bn | 569.77 Mn | 69.26 Mn |
| 10 | First Advantage | 3.35 Bn | 2.43 Bn | 203.99 Mn | 21.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.83 Mn |
| Mar 31, 2026 | -8.34 Mn |
| Dec 31, 2025 | 6.55 Mn |
| Sep 30, 2025 | 10.09 Mn |
| Jun 30, 2025 | 14.96 Mn |
| Mar 31, 2025 | -1.93 Mn |
| Dec 31, 2024 | -20.93 Mn |
| Sep 30, 2024 | 12.07 Mn |
| Jun 30, 2024 | 1.82 Mn |
| Mar 31, 2024 | -13.74 Mn |
| Dec 31, 2023 | -14.50 Mn |
| Sep 30, 2023 | 16.20 Mn |
| Jun 30, 2023 | 11.95 Mn |
| Mar 31, 2023 | -15.98 Mn |
| Dec 31, 2022 | -6.09 Mn |
| Sep 30, 2022 | 8.14 Mn |
| Jun 30, 2022 | -2.34 Mn |
| Mar 31, 2022 | -8.86 Mn |
| Dec 31, 2021 | 5.03 Mn |
| Sep 30, 2021 | 18.92 Mn |
API Access
First Advantage Change in Receivables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-receivables&ticker=FA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "ticker": "FA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-receivables&ticker=FA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();