First Advantage (FA) FCF Margin (2020 - 2026)
First Advantage's (FA) quarterly FCF Margin came in at 13.09% in Q2 2026, up 648.0% on a YoY basis from 1.75% in Q2 2025, and up 39.14% quarter-over-quarter from 9.4% in Q1 2026.
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First Advantage (FA) FCF Margin (2020 - 2026) Analysis & Trends
First Advantage (FA) has reported FCF Margin for 7 consecutive years, with 13.09% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin rose 648.0% year-over-year to 13.09%; the trailing twelve-month figure through Jun 2026 stood at 12.5% (up 1451.0% YoY), and the FY2025 full-year result was 9.37%, up 964.0% from the prior year.
- FCF Margin grew to 13.09% in Q2 2026 per FA's latest filing, from 9.4% in the prior quarter.
- Across five years, FCF Margin topped out at 30.05% in Q4 2022 and bottomed at 31.2% in Q4 2024.
- Historically, FCF Margin has averaged 13.53% across 5 years, with a median of 14.55% in 2023.
- The sharpest annual moves came in 2024 and 2025: FCF Margin plunged 5584 bps in 2024, then soared 4379 bps in 2025.
- Over 5 years, FCF Margin stood at 30.05% in 2022, then declined by 18 bps to 24.64% in 2023, then tumbled by 227 bps to 31.2% in 2024, then jumped by 140 bps to 12.58% in 2025, then advanced by 4 bps to 13.09% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 13.09%, 9.4%, and 12.58% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 29.81 Bn | 27.51 Bn | 641.00 Mn | 28.32% |
| 2 | SailPoint | 10.00 Bn | 9.60 Bn | 181.11 Mn | 11.95% |
| 3 | Clear Secure | 4.31 Bn | 3.35 Bn | 276.82 Mn | 68.04% |
| 4 | First Advantage | 3.50 Bn | 3.26 Bn | 203.99 Mn | 13.09% |
| 5 | Cyberloq Technologies | 3.35 Bn | 3.35 Bn | - | - |
| 6 | Red Violet | 1.04 Bn | 986.67 Mn | 22.90 Mn | 27.24% |
| 7 | Mitek Systems | 769.78 Mn | 670.07 Mn | 45.92 Mn | 46.85% |
| 8 | OneSpan | 613.27 Mn | 569.93 Mn | 44.48 Mn | -5.42% |
| 9 | Intellicheck | 52.84 Mn | 41.00 Mn | 5.42 Mn | 29.81% |
| 10 | Aware | 26.20 Mn | 23.30 Mn | 2.73 Mn | -84.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.09% |
| Mar 31, 2026 | 9.40% |
| Dec 31, 2025 | 12.58% |
| Sep 30, 2025 | 14.67% |
| Jun 30, 2025 | 6.60% |
| Mar 31, 2025 | 2.49% |
| Dec 31, 2024 | -31.20% |
| Sep 30, 2024 | 18.08% |
| Jun 30, 2024 | 13.70% |
| Mar 31, 2024 | 19.00% |
| Dec 31, 2023 | 24.64% |
| Sep 30, 2023 | 13.98% |
| Jun 30, 2023 | 14.43% |
| Mar 31, 2023 | 18.54% |
| Dec 31, 2022 | 30.05% |
| Sep 30, 2022 | 19.59% |
| Jun 30, 2022 | 24.43% |
| Mar 31, 2022 | 19.45% |
| Dec 31, 2021 | 28.37% |
| Sep 30, 2021 | 12.07% |