First Advantage (FA) Gross Margin (2020 - 2026)
First Advantage (FA) posted Gross Margin of 45.12% for Q1 2026, up 1.25% on a QoQ basis from 44.56% in Q4 2025, and down 58.0% year-over-year from 107.42% in Q1 2025.
First Advantage (FA) Gross Margin (2020 - 2026) Analysis & Trends
First Advantage's Gross Margin history runs 7 years deep, the most recent figure standing at 45.12% for 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 was 45.12% for Q1 2026 at First Advantage, up from 44.56% 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.
- 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 sank 485 bps.
- First Advantage's 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 advanced by 1 bps to 45.12% in 2026.
- Business Quant data shows FA's Gross Margin at 45.12% in Q1 2026, 44.56% in Q4 2025, and 45.73% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 50.98% |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | - |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | - |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | 59.24% |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | 57.11% |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 75.16% |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 50.26% |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | 8.69% |
| 10 | First Advantage | 3.34 Bn | 3.11 Bn | 173.79 Mn | 45.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 51.46% |