First Advantage (FA) Total Debt (2020 - 2026)
First Advantage (FA) recorded Total Debt of $2.03 billion in Q2 2026, down 4.3% from $2.13 billion a year earlier and down 1.1% from the prior quarter.
First Advantage (FA) Total Debt (2020 - 2026) Analysis & Trends
At the end of FY2025, First Advantage reported Total Debt of $2.08 billion, down 2.9% from FY2024.
- Annual Total Debt has a five-year compound annual growth rate of 21.5% (FY2020 to FY2025).
- Across earlier years, Total Debt came in at $2.14 billion in FY2024 (+283.8%), $558.46 million in FY2023 (+0.3%), $556.65 million in FY2022 (+0.3%) and $554.85 million in FY2021 (-29.3%).
- The Q2 2026 figure is the lowest quarterly Total Debt since Q3 2024.
- On a year-over-year basis, Total Debt has declined for three consecutive quarters, with growth averaging 138.9% over the last eight quarters.
- Peak year-over-year performance for Total Debt in the last five years was growth of 283.8% in Q4 2024, against a decline of 29.3% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.06 billion (Q1 2026), $2.08 billion (Q4 2025) and $2.1 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.33 Bn | 240.40 Bn | 2.30 Bn | - |
| 2 | CrowdStrike Holdings | 230.88 Bn | 211.29 Bn | 1.10 Bn | 746.22 Mn |
| 3 | Fortinet | 125.08 Bn | 111.01 Bn | 1.64 Bn | 496.90 Mn |
| 4 | Snowflake | 112.00 Bn | 99.32 Bn | 1.04 Bn | - |
| 5 | Datadog | 91.26 Bn | 72.90 Bn | 881.34 Mn | - |
| 6 | Zscaler | 34.35 Bn | 20.47 Bn | - | - |
| 7 | Okta | 33.52 Bn | 23.62 Bn | 641.00 Mn | - |
| 8 | Axon Enterprise | 31.78 Bn | 26.31 Bn | 546.45 Mn | 1.73 Bn |
| 9 | MongoDB | 29.09 Bn | 19.56 Bn | 569.77 Mn | - |
| 10 | First Advantage | 3.38 Bn | 2.46 Bn | 203.99 Mn | 2.03 Bn |
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 | 2.13 Bn |
| Mar 31, 2025 | 2.14 Bn |
| Dec 31, 2024 | 2.14 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 |
First Advantage Total 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=total-debt&ticker=FA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-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=total-debt&ticker=FA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();