First Advantage (FA) EBITDA Margin (2020 - 2026)
First Advantage (FA) reported EBITDA Margin of 26.50% for Q2 2026, up 0.99 percentage points from 25.51% a year earlier and up 1.65 percentage points from the prior quarter.
First Advantage (FA) EBITDA Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, First Advantage's EBITDA Margin came in at 25.66%, up 11.00 percentage points year-over-year; for FY2025, it was 24.20%, up 14.49 percentage points from FY2024.
- EBITDA Margin has a five-year change of -3.96 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 9.71% in FY2024 (-17.91 pp), 27.63% in FY2023 (-1.08 pp), 28.71% in FY2022 (-0.30 pp) and 29.01% in FY2021 (+0.85 pp).
- The Q2 2026 figure ranks as the highest quarterly EBITDA Margin since Q4 2023.
- Year over year, EBITDA Margin has now increased in each of the last six quarters, with an average year-over-year change of +0.64 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was Q4 2025 (a gain of 33.67 percentage points); the low point was Q4 2024 (a drop of 38.91 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 24.85% (Q1 2026), 25.62% (Q4 2025) and 25.54% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 254.20 Bn | 239.27 Bn | 2.30 Bn | 20.32% |
| 2 | CrowdStrike Holdings | 230.37 Bn | 210.78 Bn | 1.10 Bn | 11.58% |
| 3 | Fortinet | 125.02 Bn | 110.95 Bn | 1.64 Bn | 40.40% |
| 4 | Snowflake | 110.23 Bn | 97.55 Bn | 1.04 Bn | -8.70% |
| 5 | Datadog | 91.06 Bn | 72.70 Bn | 881.34 Mn | 4.19% |
| 6 | Zscaler | 33.86 Bn | 19.98 Bn | - | - |
| 7 | Okta | 32.97 Bn | 23.06 Bn | 641.00 Mn | 20.62% |
| 8 | Axon Enterprise | 31.76 Bn | 26.29 Bn | 546.45 Mn | 8.76% |
| 9 | MongoDB | 28.20 Bn | 18.67 Bn | 569.77 Mn | 4.58% |
| 10 | First Advantage | 3.39 Bn | 2.47 Bn | 203.99 Mn | 26.83% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.83% |
| Mar 31, 2026 | 25.24% |
| Dec 31, 2025 | 25.99% |
| Sep 30, 2025 | 25.93% |
| Jun 30, 2025 | 25.92% |
| Mar 31, 2025 | 19.99% |
| Dec 31, 2024 | -7.65% |
| Sep 30, 2024 | 19.96% |
| Jun 30, 2024 | 21.86% |
| Mar 31, 2024 | 17.44% |
| Dec 31, 2023 | 31.08% |
| Sep 30, 2023 | 27.98% |
| Jun 30, 2023 | 27.07% |
| Mar 31, 2023 | 24.85% |
| Dec 31, 2022 | 30.23% |
| Sep 30, 2022 | 29.54% |
| Jun 30, 2022 | 28.59% |
| Mar 31, 2022 | 27.16% |
| Dec 31, 2021 | 29.21% |
| Sep 30, 2021 | 31.44% |
First Advantage EBITDA Margin 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=ebitda-margin&ticker=FA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=FA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();