First Advantage (FA) Enterprise Value (2021 - 2026)
First Advantage's Enterprise Value was $2.86 billion in Q2 2026, up 5.8% from $2.7 billion a year earlier and up 58.4% from the prior quarter.
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Analysis
First Advantage (FA) Enterprise Value (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, First Advantage's Enterprise Value was $2.18 billion through Jun 30, 2026, up 5.9% year-over-year; for FY2025, it came in at $2.29 billion, down 25.5% from FY2024.
- Enterprise Value shows a four-year compound annual growth rate of -3.3% (FY2021 to FY2025).
- In earlier years, Enterprise Value was $3.07 billion in FY2024 (+40.4%), $2.19 billion in FY2023 (+42.2%), $1.54 billion in FY2022 (-41.2%) and $2.62 billion in FY2021.
- The Q2 2026 figure marks the highest quarterly Enterprise Value since Q4 2024.
- Compared with a year earlier, Enterprise Value was higher in five of the last eight quarters, with growth averaging 9.3%.
- The best year-over-year quarter for Enterprise Value over five years was Q4 2023 (growth of 42.2%); the worst was Q2 2022 (a decline of 43.0%).
- Per Business Quant data, FA's Enterprise Value in the three quarters before Q2 2026 was $1.81 billion (Q1 2026), $2.29 billion (Q4 2025) and $2.46 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.25 Bn | 240.32 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 232.55 Bn | 212.95 Bn | 1.10 Bn |
| 3 | Fortinet | 125.05 Bn | 110.98 Bn | 1.64 Bn |
| 4 | Snowflake | 112.15 Bn | 99.47 Bn | 1.04 Bn |
| 5 | Datadog | 91.69 Bn | 73.33 Bn | 881.34 Mn |
| 6 | Zscaler | 34.52 Bn | 20.64 Bn | - |
| 7 | Okta | 33.78 Bn | 23.88 Bn | 641.00 Mn |
| 8 | Axon Enterprise | 31.91 Bn | 26.43 Bn | 546.45 Mn |
| 9 | MongoDB | 29.36 Bn | 19.83 Bn | 569.77 Mn |
| 10 | First Advantage | 3.36 Bn | 2.44 Bn | 203.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.86 Bn |
| Mar 31, 2026 | 1.81 Bn |
| Dec 31, 2025 | 2.29 Bn |
| Sep 30, 2025 | 2.46 Bn |
| Jun 30, 2025 | 2.70 Bn |
| Mar 31, 2025 | 2.27 Bn |
| Dec 31, 2024 | 3.07 Bn |
| Sep 30, 2024 | 2.58 Bn |
| Jun 30, 2024 | 2.07 Bn |
| Mar 31, 2024 | 2.11 Bn |
| Dec 31, 2023 | 2.19 Bn |
| Sep 30, 2023 | 1.84 Bn |
| Jun 30, 2023 | 1.84 Bn |
| Mar 31, 2023 | 1.65 Bn |
| Dec 31, 2022 | 1.54 Bn |
| Sep 30, 2022 | 1.57 Bn |
| Jun 30, 2022 | 1.59 Bn |
| Mar 31, 2022 | 2.78 Bn |
| Dec 31, 2021 | 2.62 Bn |
| Sep 30, 2021 | 2.64 Bn |
API Access
First Advantage Enterprise Value 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=enterprise-value&ticker=FA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=FA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();