First Advantage CorpFA
▲ PositiveCapitalrelevance
Strong Q2 results and raised full-year guidance across all metrics.
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First Advantage CorpFirst Advantage reported second quarter 2026 revenue of $449 million, up 15% year-over-year, and raised its full-year guidance across all metrics. Adjusted EBITDA was $128.5 million with a margin of 28.6%, and adjusted diluted EPS grew 30% to $0.35. The company now expects 2026 total revenues of $1.67 billion to $1.71 billion, adjusted EBITDA of $472 million to $486 million, and adjusted diluted EPS of $1.23 to $1.29. During the quarter, the company repurchased $18.7 million of shares through the $100 million share repurchase authorization announced in February, with total repurchases through the end of July reaching approximately $38 million. First Advantage also made a $25 million voluntary debt repayment in the quarter and an additional $45 million prepayment this week, bringing cumulative debt repayment since the Sterling acquisition to more than $165 million.
First Advantage CorpStrong Q2 results and raised full-year guidance across all metrics.