First Advantage FA
NASDAQ FA
$20.41 -0.14 (-0.68%)
As of: Sep 10, 2026 · 3:59 PM EDT

First Advantage (FA) Gross Margin (2020 - 2026)

First Advantage's (FA) quarterly Gross Margin came in at 45.46% in Q2 2026, down 134.0% on a YoY basis from 133.7% in Q2 2025, and up 0.75% quarter-over-quarter from 45.12% in Q1 2026.

Analysis

First Advantage (FA) Gross Margin (2020 - 2026) Analysis & Trends

First Advantage (FA) has reported Gross Margin for 7 consecutive years, with 45.46% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin fell 134.0% year-over-year to 45.46%; the trailing twelve-month figure through Jun 2026 stood at 45.22% (down 126.0% YoY), and the FY2025 full-year result was 45.67%, down 214.0% from the prior year.
  • Gross Margin improved to 45.46% in Q2 2026 per FA's latest filing, from 45.12% in the prior quarter.
  • Across five years, Gross Margin topped out at 50.24% in Q2 2022 and bottomed at 44.56% in Q4 2025.
  • Historically, Gross Margin has averaged 47.87% across 5 years, with a median of 48.87% in 2022.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin soared 74 bps in 2023, then tumbled 485 bps in 2024.
  • Over 5 years, Gross Margin stood at 49.24% in 2022, then rose by 2 bps to 49.99% in 2023, then dropped by 10 bps to 45.14% in 2024, then declined by 1 bps to 44.56% in 2025, then climbed by 2 bps to 45.46% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 45.46%, 45.12%, and 44.56% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Okta 29.81 Bn 27.51 Bn 641.00 Mn 79.63%
2 SailPoint 10.00 Bn 9.60 Bn 181.11 Mn 64.65%
3 Clear Secure 4.31 Bn 3.35 Bn 276.82 Mn 99.66%
4 First Advantage 3.50 Bn 3.26 Bn 203.99 Mn 45.46%
5 Cyberloq Technologies 3.35 Bn 3.35 Bn - -
6 Red Violet 1.04 Bn 986.67 Mn 22.90 Mn 85.71%
7 Mitek Systems 769.78 Mn 670.07 Mn 45.92 Mn 84.98%
8 OneSpan 613.27 Mn 569.93 Mn 44.48 Mn 73.57%
9 Intellicheck 52.84 Mn 41.00 Mn 5.42 Mn 91.30%
10 Aware 26.20 Mn 23.30 Mn 2.73 Mn 84.02%
Historic Data

Historic Data

Download Data
DateValue
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%