Quarterly ResultAug 6, 2026, 06:02 AM
First Advantage Posts Record Q2, Raises Full-Year 2026 Guidance
AI Summary
First Advantage Corporation announced record financial results for the second quarter ended June 30, 2026, with revenues reaching $448.8 million, a 14.9% increase year-over-year, and Adjusted Diluted Earnings Per Share of $0.35, up 29.6%. The company also reported strong Adjusted EBITDA of $128.5 million. Following this strong performance, First Advantage raised its full-year 2026 guidance for revenues, Adjusted EBITDA, Adjusted Net Income, and Adjusted Diluted EPS. Additionally, the company made significant debt prepayments and repurchased shares under its ongoing program.
Key Highlights
- Q2 2026 Revenues of $448.8 million, up 14.9% year-over-year.
- Q2 2026 Net income of $16.9 million, with a 3.8% margin.
- Q2 2026 Adjusted EBITDA of $128.5 million, with a 28.6% margin.
- Q2 2026 Adjusted Diluted EPS of $0.35, up 29.6% year-over-year.
- Raised full-year 2026 revenue guidance to $1.67 billion - $1.71 billion.
- Raised full-year 2026 Adjusted Diluted EPS guidance to $1.23 - $1.29.
- Voluntary debt prepayment of $45 million made subsequent to quarter-end.
- Repurchased $18.7 million in shares during the quarter.
Price Impact
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