First Advantage (FA) Shares Outstanding (Diluted) (2020 - 2026)
First Advantage's Shares Outstanding (Diluted) was 173.23 million in Q2 2026, down 1.1% from 175.07 million a year earlier and down 1.0% from the prior quarter.
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Analysis
First Advantage (FA) Shares Outstanding (Diluted) (2020 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Diluted) at First Advantage came in at 173.2 million, up 16.6% from FY2024.
- Shares Outstanding (Diluted) shows a five-year compound annual growth rate of 5.9% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Diluted) was 148.58 million in FY2024 (+1.6%), 146.23 million in FY2023 (-3.7%), 151.81 million in FY2022 (+7.1%) and 141.69 million in FY2021 (+9.0%).
- Quarterly Shares Outstanding (Diluted) has moved between 141.69 million (Q4 2021) and 175.55 million (Q3 2025) over five years.
- Compared with a year earlier, Shares Outstanding (Diluted) was higher in six of the last eight quarters, with growth averaging 10.0%.
- The best year-over-year quarter for Shares Outstanding (Diluted) over five years was Q3 2025 (growth of 21.8%); the worst was Q3 2023 (a decline of 5.0%).
- Per Business Quant data, FA's Shares Outstanding (Diluted) in the three quarters before Q2 2026 was 174.92 million (Q1 2026), 173.2 million (Q4 2025) and 175.55 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.30 Bn | 240.37 Bn | 2.30 Bn | 764.00 Mn |
| 2 | CrowdStrike Holdings | 231.08 Bn | 211.48 Bn | 1.10 Bn | 1.04 Bn |
| 3 | Fortinet | 125.04 Bn | 110.97 Bn | 1.64 Bn | 739.90 Mn |
| 4 | Snowflake | 112.09 Bn | 99.40 Bn | 1.04 Bn | 349.26 Mn |
| 5 | Datadog | 91.23 Bn | 72.87 Bn | 881.34 Mn | 371.02 Mn |
| 6 | Zscaler | 34.26 Bn | 20.38 Bn | - | 160.22 Mn |
| 7 | Okta | 33.61 Bn | 23.71 Bn | 641.00 Mn | 178.81 Mn |
| 8 | Axon Enterprise | 31.87 Bn | 26.39 Bn | 546.45 Mn | 82.54 Mn |
| 9 | MongoDB | 29.13 Bn | 19.60 Bn | 569.77 Mn | 82.00 Mn |
| 10 | First Advantage | 3.38 Bn | 2.46 Bn | 203.99 Mn | 173.23 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 173.23 Mn |
| Mar 31, 2026 | 174.92 Mn |
| Dec 31, 2025 | 173.20 Mn |
| Sep 30, 2025 | 175.55 Mn |
| Jun 30, 2025 | 175.07 Mn |
| Mar 31, 2025 | 172.76 Mn |
| Dec 31, 2024 | 148.58 Mn |
| Sep 30, 2024 | 144.10 Mn |
| Jun 30, 2024 | 145.86 Mn |
| Mar 31, 2024 | 143.59 Mn |
| Dec 31, 2023 | 146.23 Mn |
| Sep 30, 2023 | 144.73 Mn |
| Jun 30, 2023 | 145.34 Mn |
| Mar 31, 2023 | 147.03 Mn |
| Dec 31, 2022 | 151.81 Mn |
| Sep 30, 2022 | 152.36 Mn |
| Jun 30, 2022 | 152.36 Mn |
| Mar 31, 2022 | 152.35 Mn |
| Dec 31, 2021 | 141.69 Mn |
| Sep 30, 2021 | 152.40 Mn |
API Access
First Advantage Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=FA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=FA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();