First Advantage (FA) EV to EBITDA (2021 - 2026)
First Advantage's (FA) quarterly EV to EBITDA came in at 50.14 in Q2 2026, down 30.01% on a YoY basis from 71.63 in Q2 2025, and down 6.9% quarter-over-quarter from 53.85 in Q1 2026.
Analysis
First Advantage (FA) EV to EBITDA (2021 - 2026) Analysis & Trends
First Advantage (FA) has reported EV to EBITDA for 6 consecutive years, with 50.14 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to EBITDA fell 30.01% year-over-year to 50.14; the trailing twelve-month figure through Jun 2026 stood at 16.09 (up 115.6% YoY), and the FY2025 full-year result was 17.29, up 135.1% from the prior year.
- EV to EBITDA retreated to 50.14 in Q2 2026 per FA's latest filing, from 53.85 in the prior quarter.
- Across five years, EV to EBITDA topped out at 298.52 in Q1 2025 and bottomed at 2905.0 in Q1 2024.
- Historically, EV to EBITDA has averaged 62.03 across 5 years, with a median of 70.65 in 2022.
- The widest YoY moves for EV to EBITDA: up 258.27% in 2024, down 2086.74% in 2024.
- Over 5 years, EV to EBITDA stood at 53.58 in 2022, then soared by 39.12% to 74.54 in 2023, then sank by 151.12% to 38.1 in 2024, then jumped by 233.99% to 51.06 in 2025, then fell by 1.8% to 50.14 in 2026.
- According to Business Quant data, EV to EBITDA over the past three periods registered 50.14, 53.85, and 51.06 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Okta | 28.51 Bn | 26.21 Bn | 641.00 Mn |
| 2 | SailPoint | 10.67 Bn | 10.28 Bn | 181.11 Mn |
| 3 | Clear Secure | 5.97 Bn | 5.05 Bn | 276.82 Mn |
| 4 | First Advantage | 3.67 Bn | 3.43 Bn | 203.99 Mn |
| 5 | Cyberloq Technologies | 3.41 Bn | 3.41 Bn | - |
| 6 | Red Violet | 1.07 Bn | 1.02 Bn | 22.90 Mn |
| 7 | Mitek Systems | 837.70 Mn | 737.99 Mn | 45.92 Mn |
| 8 | OneSpan | 614.28 Mn | 570.94 Mn | 44.48 Mn |
| 9 | Intellicheck | 56.51 Mn | 44.67 Mn | 5.42 Mn |
| 10 | Aware | 27.56 Mn | 24.66 Mn | 2.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.14 |
| Mar 31, 2026 | 53.85 |
| Dec 31, 2025 | 51.06 |
| Sep 30, 2025 | 58.27 |
| Jun 30, 2025 | 71.63 |
| Mar 31, 2025 | 298.52 |
| Dec 31, 2024 | -38.10 |
| Sep 30, 2024 | 283.32 |
| Jun 30, 2024 | 208.60 |
| Mar 31, 2024 | -2,905.00 |
| Dec 31, 2023 | 74.54 |
| Sep 30, 2023 | 79.08 |
| Jun 30, 2023 | 104.11 |
| Mar 31, 2023 | 146.22 |
| Dec 31, 2022 | 53.58 |
| Sep 30, 2022 | 61.37 |
| Jun 30, 2022 | 69.66 |
| Mar 31, 2022 | 162.60 |
| Dec 31, 2021 | 103.39 |
| Sep 30, 2021 | 108.07 |