First Advantage (FA) Gross Margin (2020 - 2026)
First Advantage's (FA) quarterly Gross Margin came in at 45.12% in Q1 2026, down 58.0% YoY from 107.42% in Q1 2025, and up 1.25% on a QoQ basis from 44.56% in Q4 2025.
First Advantage (FA) Gross Margin (2020 - 2026) Analysis & Trends
First Advantage (FA) has 7 years of Gross Margin data on file, last reported at 45.12% in Q1 2026.
- Quarterly Gross Margin fell 58.0% year-over-year to 45.12% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 45.54% (down 144.0% YoY) and the FY2025 annual result came in at 45.67%, down 214.0% from the prior year.
- Gross Margin improved to 45.12% in Q1 2026, from 44.56% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 50.24% in Q2 2022 to a low of 44.56% in Q4 2025.
- A 5-year average of 48.01% and a median of 49.22% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin surged 74 bps — and 2024, when it slumped 485 bps.
- Tracing FA's Gross Margin over 5 years: stood at 49.24% in 2022, then grew by 2 bps to 49.99% in 2023, then decreased by 10 bps to 45.14% in 2024, then slipped by 1 bps to 44.56% in 2025, then rose by 1 bps to 45.12% in 2026.
- The last three Gross Margin figures came in at 45.12% (Q1 2026), 44.56% (Q4 2025), and 45.73% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.97 Bn | 81.68 Bn | 1.48 Bn | 50.95% |
| 2 | Relx | 65.78 Bn | 65.61 Bn | - | - |
| 3 | Copart | 32.19 Bn | 28.83 Bn | 732.88 Mn | 59.24% |
| 4 | Global Payments | 25.15 Bn | 19.74 Bn | 2.03 Bn | 61.04% |
| 5 | Rb Global | 16.21 Bn | 15.68 Bn | 935.50 Mn | 71.03% |
| 6 | Aramark | 15.65 Bn | 15.15 Bn | 430.34 Mn | 8.51% |
| 7 | UL Solutions | 15.08 Bn | 14.64 Bn | 417.00 Mn | 51.10% |
| 8 | Rentokil Initial | 11.92 Bn | 9.40 Bn | - | - |
| 9 | Dolby Laboratories | 6.12 Bn | 5.45 Bn | 264.68 Mn | 86.78% |
| 10 | First Advantage | 3.66 Bn | 3.42 Bn | 203.99 Mn | 45.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 45.46% |
| Mar 31, 2026 | 45.12% |
| Dec 31, 2025 | 44.56% |
| Sep 30, 2025 | 45.73% |
| Jun 30, 2025 | 46.79% |
| Mar 31, 2025 | 45.69% |
| Dec 31, 2024 | 45.14% |
| Sep 30, 2024 | 49.34% |
| Jun 30, 2024 | 49.96% |
| Mar 31, 2024 | 48.53% |
| Dec 31, 2023 | 49.99% |
| Sep 30, 2023 | 49.39% |
| Jun 30, 2023 | 49.82% |
| Mar 31, 2023 | 48.12% |
| Dec 31, 2022 | 49.24% |
| Sep 30, 2022 | 49.37% |
| Jun 30, 2022 | 50.24% |
| Mar 31, 2022 | 49.22% |
| Dec 31, 2021 | 49.56% |
| Sep 30, 2021 | 51.18% |