First Advantage (FA) Net Margin (2020 - 2026)
First Advantage's (FA) quarterly Net Margin came in at 3.77% in Q2 2026, up 369.0% on a YoY basis from 0.8% in Q2 2025, and up 569.66% quarter-over-quarter from 0.56% in Q1 2026.
Analysis
First Advantage (FA) Net Margin (2020 - 2026) Analysis & Trends
First Advantage (FA) has reported Net Margin for 7 consecutive years, with 3.77% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 369.0% year-over-year to 3.77%; the trailing twelve-month figure through Jun 2026 stood at 0.46% (up 1392.0% YoY), and the FY2025 full-year result was 4.3%, up 1200.0% from the prior year.
- Net Margin grew to 3.77% in Q2 2026 per FA's latest filing, from 0.56% in the prior quarter.
- Across five years, Net Margin topped out at 9.48% in Q4 2022 and bottomed at 42.43% in Q4 2024.
- Historically, Net Margin has averaged 1.11% across 5 years, with a median of 0.82% in 2025.
- The sharpest annual moves came in 2024 and 2025: Net Margin sank 4009 bps in 2024, then surged 3543 bps in 2025.
- Over 5 years, Net Margin stood at 9.48% in 2022, then sank by 125 bps to 2.34% in 2023, then plunged by 1712 bps to 42.43% in 2024, then jumped by 83 bps to 7.0% in 2025, then soared by 154 bps to 3.77% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 3.77%, 0.56%, and 7.0% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 29.81 Bn | 27.51 Bn | 641.00 Mn | 14.41% |
| 2 | SailPoint | 10.00 Bn | 9.60 Bn | 181.11 Mn | -26.66% |
| 3 | Clear Secure | 4.31 Bn | 3.35 Bn | 276.82 Mn | 26.03% |
| 4 | First Advantage | 3.50 Bn | 3.26 Bn | 203.99 Mn | 3.77% |
| 5 | Cyberloq Technologies | 3.35 Bn | 3.35 Bn | - | - |
| 6 | Red Violet | 1.04 Bn | 986.67 Mn | 22.90 Mn | 18.56% |
| 7 | Mitek Systems | 769.78 Mn | 670.07 Mn | 45.92 Mn | 15.48% |
| 8 | OneSpan | 613.27 Mn | 569.93 Mn | 44.48 Mn | 11.21% |
| 9 | Intellicheck | 52.84 Mn | 41.00 Mn | 5.42 Mn | 11.16% |
| 10 | Aware | 26.20 Mn | 23.30 Mn | 2.73 Mn | -78.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.77% |
| Mar 31, 2026 | 0.56% |
| Dec 31, 2025 | -7.00% |
| Sep 30, 2025 | 0.63% |
| Jun 30, 2025 | 0.08% |
| Mar 31, 2025 | -11.62% |
| Dec 31, 2024 | -42.43% |
| Sep 30, 2024 | -4.45% |
| Jun 30, 2024 | 1.01% |
| Mar 31, 2024 | -1.72% |
| Dec 31, 2023 | -2.34% |
| Sep 30, 2023 | 5.38% |
| Jun 30, 2023 | 5.28% |
| Mar 31, 2023 | 1.10% |
| Dec 31, 2022 | 9.48% |
| Sep 30, 2022 | 8.35% |
| Jun 30, 2022 | 7.06% |
| Mar 31, 2022 | 6.85% |
| Dec 31, 2021 | 5.91% |
| Sep 30, 2021 | 8.44% |