Quarterly ResultAug 6, 2026, 06:12 AM
First Advantage Q2 Revenue $448.8M, EPS $0.10; Raises FY26 Guidance
AI Summary
First Advantage reported strong second quarter 2026 results with revenue up 14.9% to $448.8 million and diluted EPS of $0.10. The company also raised its full-year 2026 guidance for revenue, Adjusted EBITDA, Adjusted Net Income, and Adjusted Diluted EPS, reflecting confidence in its outlook. Additionally, Sharon Binger was appointed as a new independent Class I director to the Board and the Nominating and Corporate Governance Committee, effective August 6, 2026. The company also made significant debt prepayments and repurchased shares.
Key Highlights
- Q2 2026 Revenues increased 14.9% year-over-year to $448.8 million.
- Q2 2026 Diluted net income per share was $0.10, up from $0.00 in Q2 2025.
- Q2 2026 Adjusted Diluted Earnings Per Share rose 29.6% to $0.35.
- Full-year 2026 revenue guidance raised to $1.67 billion - $1.71 billion.
- Full-year 2026 Adjusted Diluted EPS guidance raised to $1.23 - $1.29.
- Board appointed Sharon Binger as a new independent Class I director.
- Made $70 million in voluntary debt prepayments ($25M in Q2, $45M post-Q2).
- Repurchased $18.7 million in shares during Q2 under its program.
Price Impact
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