First Advantage (FA) Non-Current Debt (2020 - 2026)
First Advantage's (FA) quarterly Non-Current Debt came in at $2.0 billion in Q2 2026, down 5.08% on a YoY basis from $2.1 billion in Q2 2025, and down 1.13% quarter-over-quarter from $2.1 billion in Q1 2026.
Analysis
First Advantage (FA) Non-Current Debt (2020 - 2026) Analysis & Trends
First Advantage (FA) has reported Non-Current Debt for 7 consecutive years, with $2.0 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non-Current Debt fell 5.08% year-over-year to $2.0 billion; the trailing twelve-month figure through Jun 2026 stood at $2.0 billion (down 5.08% YoY), and the FY2025 full-year result was $2.1 billion, down 3.84% from the prior year.
- Non-Current Debt slipped to $2.0 billion in Q2 2026 per FA's latest filing, from $2.1 billion in the prior quarter.
- Across five years, Non-Current Debt topped out at $2.2 billion in Q4 2024 and bottomed at $555.3 million in Q1 2022.
- Historically, Non-Current Debt has averaged $1.2 billion across 5 years, with a median of $559.6 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Non-Current Debt soared 286.05% in 2025, then declined 5.08% in 2026.
- Over 5 years, Non-Current Debt stood at $556.6 million in 2022, then gained by 1.45% to $564.7 million in 2023, then soared by 283.05% to $2.2 billion in 2024, then slipped by 3.84% to $2.1 billion in 2025, then dropped by 2.22% to $2.0 billion in 2026.
- According to Business Quant data, Non-Current Debt over the past three periods registered $2.0 billion, $2.1 billion, and $2.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 29.81 Bn | 27.51 Bn | 641.00 Mn | - |
| 2 | SailPoint | 10.00 Bn | 9.60 Bn | 181.11 Mn | - |
| 3 | Clear Secure | 4.31 Bn | 3.35 Bn | 276.82 Mn | - |
| 4 | First Advantage | 3.50 Bn | 3.26 Bn | 203.99 Mn | 2.03 Bn |
| 5 | Cyberloq Technologies | 3.35 Bn | 3.35 Bn | - | 30,362.00 |
| 6 | Red Violet | 1.04 Bn | 986.67 Mn | 22.90 Mn | - |
| 7 | Mitek Systems | 769.78 Mn | 670.07 Mn | 45.92 Mn | 49.38 Mn |
| 8 | OneSpan | 613.27 Mn | 569.93 Mn | 44.48 Mn | 5.00 Mn |
| 9 | Intellicheck | 52.84 Mn | 41.00 Mn | 5.42 Mn | - |
| 10 | Aware | 26.20 Mn | 23.30 Mn | 2.73 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.03 Bn |
| Mar 31, 2026 | 2.06 Bn |
| Dec 31, 2025 | 2.08 Bn |
| Sep 30, 2025 | 2.10 Bn |
| Jun 30, 2025 | 2.14 Bn |
| Mar 31, 2025 | 2.16 Bn |
| Dec 31, 2024 | 2.16 Bn |
| Sep 30, 2024 | 559.84 Mn |
| Jun 30, 2024 | 559.37 Mn |
| Mar 31, 2024 | 558.91 Mn |
| Dec 31, 2023 | 564.72 Mn |
| Sep 30, 2023 | 558.01 Mn |
| Jun 30, 2023 | 557.58 Mn |
| Mar 31, 2023 | 557.11 Mn |
| Dec 31, 2022 | 556.65 Mn |
| Sep 30, 2022 | 556.19 Mn |
| Jun 30, 2022 | 555.74 Mn |
| Mar 31, 2022 | 555.29 Mn |
| Dec 31, 2021 | 554.85 Mn |
| Sep 30, 2021 | 554.41 Mn |