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First Advantage (FA) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

First Advantage (FA) reported revenue of $449M for the second quarter 2026 (Q2 2026), +15% from a year earlier and +17% from the quarter before. Operating margin was 12.7%, net earnings $16.9M (3.8% of revenue).

Revenue$449M
Year over year+15%
Quarter over quarter+17%
Operating margin12.7%
Net earnings$16.9M

First Advantage, Q2 2026: revenue $449M (+15% year over year), operating margin 12.7%, net earnings $16.9M, operating cash flow $73.6M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$449M+17%+15%
Operating profit$57.0M+70%+51%
Net earnings$16.9M+680%55×
Operating cash flow$73.6M+49%+97%
Free cash flow$68.9M+48%+91%

What changed

Revenue was $448.8M in Q2 2026, up 15% year over year and up 17% from the previous quarter. First Advantage Americas was the largest line at 48% of revenue. First Advantage Americas added $53.1M year over year (up 33%), 91% of the total change. First Advantage International declined 5%.

Operating profit was $57.0M, a 12.7% margin (up 3.0 points year over year). Of the extra revenue versus Q2 2025, 33% reached operating profit, above the 10% margin then. Total costs grew 11% against revenue growth of 15%. The fastest-growing cost line was Other operating costs (+14%). Net earnings were $16.9M, up 5392% year over year. The effective tax rate was 32.5%.

Operating cash flow was $73.6M (up 97% year over year), 435% of net earnings. Non-cash charges added back $27.5M of depreciation and amortization and $5.2M of share-based compensation. Working capital and other items added $23.9M. Capital expenditures of $4.7M left free cash flow of $68.9M.

Questions

What was First Advantage's revenue in the second quarter 2026?

First Advantage (FA) reported revenue of $449M for the second quarter 2026 (Q2 2026), +15% from a year earlier and +17% from the quarter before.

Was First Advantage profitable in the second quarter 2026?

Operating profit was $57.0M (12.7% of revenue) and net earnings $16.9M.

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Source: First Advantage 10-Q on SEC EDGAR.