earnings
confidence high
sentiment positive
materiality 0.75
First Advantage Q2 revenue $448.8M (+14.9% YoY), raises FY2026 guidance; appoints Sharon Binger to board
FIRST ADVANTAGE CORP
- Q2 revenue $448.8M (+14.9% YoY); net income $16.9M; adjusted EBITDA $128.5M (28.6% margin); adjusted diluted EPS $0.35.
- Raises FY2026 guidance: revenue $1.67-1.71B, adjusted EBITDA $472-486M, adjusted EPS $1.23-1.29.
- Voluntary debt prepayments: $25M in May, $45M in Aug; $18.7M share repurchases in Q2 under $100M program.
- Appoints Sharon Binger (Silver Lake employee) to Board as Class I director, effective Aug 6, 2026; board now nine.
- 20 enterprise bookings in Q2; strong demand in transportation, retail, industrials, and staffing.