First Advantage (FA) Tax Rate (2020 - 2026)
First Advantage's (FA) quarterly Tax Rate came in at 32.5% in Q2 2026, down 7172.0% on a YoY basis from 0.46% in Q2 2025, and down 5.54% quarter-over-quarter from 34.4% in Q1 2026.
Analysis
First Advantage (FA) Tax Rate (2020 - 2026) Analysis & Trends
First Advantage (FA) has reported Tax Rate for 7 consecutive years, with 32.5% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 7172.0% year-over-year to 32.5%; the trailing twelve-month figure through Jun 2026 stood at 120.68% (up 13382.0% YoY), and the FY2025 full-year result was 81.73%, down 5940.0% from the prior year.
- Tax Rate retreated to 32.5% in Q2 2026 per FA's latest filing, from 34.4% in the prior quarter.
- Across five years, Tax Rate topped out at 507.33% in Q4 2025 and bottomed at 44.46% in Q3 2025.
- Historically, Tax Rate has averaged 53.67% across 5 years, with a median of 27.83% in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Rate slumped 15314 bps in 2024, then surged 53167 bps in 2025.
- Over 5 years, Tax Rate stood at 14.44% in 2022, then surged by 792 bps to 128.8% in 2023, then sank by 119 bps to 24.34% in 2024, then surged by 2184 bps to 507.33% in 2025, then plunged by 94 bps to 32.5% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 32.5%, 34.4%, and 507.33% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Okta | 29.81 Bn | 27.51 Bn | 641.00 Mn | 7.94% |
| 2 | SailPoint | 10.00 Bn | 9.60 Bn | 181.11 Mn | 6.71% |
| 3 | Clear Secure | 4.31 Bn | 3.35 Bn | 276.82 Mn | 20.85% |
| 4 | First Advantage | 3.50 Bn | 3.26 Bn | 203.99 Mn | 32.50% |
| 5 | Cyberloq Technologies | 3.35 Bn | 3.35 Bn | - | - |
| 6 | Red Violet | 1.04 Bn | 986.67 Mn | 22.90 Mn | 23.56% |
| 7 | Mitek Systems | 769.78 Mn | 670.07 Mn | 45.92 Mn | 25.09% |
| 8 | OneSpan | 613.27 Mn | 569.93 Mn | 44.48 Mn | 21.46% |
| 9 | Intellicheck | 52.84 Mn | 41.00 Mn | 5.42 Mn | - |
| 10 | Aware | 26.20 Mn | 23.30 Mn | 2.73 Mn | -0.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.50% |
| Mar 31, 2026 | 34.40% |
| Dec 31, 2025 | 507.33% |
| Sep 30, 2025 | -44.46% |
| Jun 30, 2025 | 104.22% |
| Mar 31, 2025 | -5.73% |
| Dec 31, 2024 | -24.34% |
| Sep 30, 2024 | -9.68% |
| Jun 30, 2024 | 27.02% |
| Mar 31, 2024 | 32.31% |
| Dec 31, 2023 | 128.80% |
| Sep 30, 2023 | 31.18% |
| Jun 30, 2023 | 28.86% |
| Mar 31, 2023 | 26.13% |
| Dec 31, 2022 | 14.44% |
| Sep 30, 2022 | 28.05% |
| Jun 30, 2022 | 27.62% |
| Mar 31, 2022 | 27.50% |
| Dec 31, 2021 | 43.44% |
| Sep 30, 2021 | 17.26% |