First Advantage (FA) Tax Rate (2021 - 2026)
First Advantage's Tax Rate came in at 32.50% for Q2 2026, down 71.72 percentage points from 104.22% a year earlier and down 1.91 percentage points from the prior quarter.
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Analysis
First Advantage (FA) Tax Rate (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, First Advantage reported Tax Rate of 32.73%, up 27.06 percentage points year-over-year; for FY2025, it was 6.52%, up 2.73 percentage points from FY2024.
- Tax Rate carries a five-year change of -12.78 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 3.79% in FY2024 (-19.28 pp), 23.07% in FY2023 (-1.00 pp), 24.07% in FY2022 (-11.51 pp) and 35.57% in FY2021 (+16.28 pp).
- The five-year range for quarterly Tax Rate is -44.46% (Q3 2025) to 104.22% (Q2 2025).
- Year-over-year, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of -3.27 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2025 (a gain of 77.20 percentage points), and the weakest in Q4 2021 (a drop of 352.90 percentage points).
- Business Quant data shows FA's Tax Rate at 34.40% (Q1 2026), 51.95% (Q4 2025) and -44.46% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 260.12 Bn | 245.19 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 232.49 Bn | 212.89 Bn | 1.10 Bn | - |
| 3 | Fortinet | 125.70 Bn | 111.63 Bn | 1.64 Bn | 15.97% |
| 4 | Snowflake | 110.19 Bn | 97.50 Bn | 1.04 Bn | - |
| 5 | Datadog | 92.71 Bn | 74.35 Bn | 881.34 Mn | 13.92% |
| 6 | Zscaler | 34.07 Bn | 20.19 Bn | - | - |
| 7 | Okta | 33.06 Bn | 23.16 Bn | 641.00 Mn | 7.94% |
| 8 | Axon Enterprise | 30.90 Bn | 25.43 Bn | 546.45 Mn | 9.97% |
| 9 | MongoDB | 28.04 Bn | 18.51 Bn | 569.77 Mn | 10.89% |
| 10 | First Advantage | 3.26 Bn | 2.33 Bn | 203.99 Mn | 32.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.50% |
| Mar 31, 2026 | 34.40% |
| Dec 31, 2025 | 51.95% |
| Jun 30, 2024 | 27.02% |
| Dec 31, 2023 | 10.04% |
| 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 | 30.77% |
| Sep 30, 2021 | 17.26% |
| Jun 30, 2021 | 44.83% |
API Access
First Advantage Tax Rate 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=tax-rate&ticker=FA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=FA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();