First Advantage (FA) Non-Current Debt (2020 - 2026)
First Advantage's Non-Current Debt came in at $2.03 billion for Q2 2026, down 3.4% from $2.1 billion a year earlier and down 1.1% from the prior quarter.
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Analysis
First Advantage (FA) Non-Current Debt (2020 - 2026) Analysis & Trends
At the end of FY2025, First Advantage's Non-Current Debt was $2.08 billion, down 1.9% from FY2024.
- Non-Current Debt carries a five-year compound annual growth rate of 21.7% (FY2020 to FY2025).
- Going back by year, Non-Current Debt was $2.12 billion in FY2024 (+279.8%), $558.46 million in FY2023 (+0.3%), $556.65 million in FY2022 (+0.3%) and $554.85 million in FY2021 (-28.7%).
- The Q2 2026 figure represents the lowest quarterly Non-Current Debt since Q3 2024.
- Year-over-year, Non-Current Debt has declined for three consecutive quarters, with growth averaging 137.8% over the last eight quarters.
- The fastest year-over-year change in Non-Current Debt over five years came in Q4 2024 (growth of 279.8%), and the weakest in Q4 2021 (a decline of 28.7%).
- Business Quant data shows FA's Non-Current Debt at $2.06 billion (Q1 2026), $2.08 billion (Q4 2025) and $2.1 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.19 Bn | 240.26 Bn | 2.30 Bn | -160.00 Mn |
| 2 | CrowdStrike Holdings | 229.94 Bn | 210.34 Bn | 1.10 Bn | 746.22 Mn |
| 3 | Fortinet | 124.90 Bn | 110.83 Bn | 1.64 Bn | 496.90 Mn |
| 4 | Snowflake | 112.16 Bn | 99.48 Bn | 1.04 Bn | - |
| 5 | Datadog | 90.95 Bn | 72.59 Bn | 881.34 Mn | - |
| 6 | Zscaler | 34.34 Bn | 20.46 Bn | - | - |
| 7 | Okta | 33.43 Bn | 23.53 Bn | 641.00 Mn | - |
| 8 | Axon Enterprise | 32.24 Bn | 26.77 Bn | 546.45 Mn | 1.73 Bn |
| 9 | MongoDB | 28.94 Bn | 19.41 Bn | 569.77 Mn | -1.79 Mn |
| 10 | First Advantage | 3.39 Bn | 2.47 Bn | 203.99 Mn | 2.03 Bn |
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 | 2.10 Bn |
| Mar 31, 2025 | 2.12 Bn |
| Dec 31, 2024 | 2.12 Bn |
| Sep 30, 2024 | 559.84 Mn |
| Jun 30, 2024 | 559.37 Mn |
| Mar 31, 2024 | 558.91 Mn |
| Dec 31, 2023 | 558.46 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 |
API Access
First Advantage Non-Current Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=FA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "FA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=FA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();