---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-21-001310"
form_type: "8-K"
ticker: "FA"
cik: "0001210677"
company_name: "FIRST ADVANTAGE CORP"
filed_at: "2021-08-12T23:59:59+00:00"
generated_at: "2026-06-29T12:27:30.004374+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# First Advantage Q2 revenue $174.8M (+66.5% YoY); net income $3.8M vs loss, raises FY2021 guidance

## Summary
- Revenue $174.8M, up 66.5% YoY; net income $3.8M vs net loss of $16.4M.
- Adjusted EBITDA $56.3M (+77.9% YoY); Adjusted Net Income $33.2M (+171.9%).
- IPO completed June 25, net proceeds $316.5M; used $200M to prepay debt.
- FY2021 guidance: revenue $640-$650M, Adj. EBITDA $186-$190M, Adj. Net Income $110-$113M.
- Ended Q2 with $257.1M cash; no amounts outstanding on $100M revolver.

## SEC filing metadata
- accession: 0000950170-21-001310
- form_type: 8-K
- ticker: FA
- cik: 0001210677
- company_name: FIRST ADVANTAGE CORP
- filed_at: 2021-08-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1210677/000095017021001310/0000950170-21-001310-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1210677/000095017021001310/fa-20210812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-21-001310
- JSON: https://secwatch.observer/filing/0000950170-21-001310.json
- Plain text: https://secwatch.observer/filing/0000950170-21-001310.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
