First Advantage Q1 revenue rises to $354.6 million; net loss widens to $41.2 million
First Advantage reported first-quarter 2025 revenue of $354.6 million, up from $169.4 million a year earlier, but its net loss widened to $41.2 million from $2.9 million. The company said the increase reflects its acquisition of Sterling Check Corp., and it reaffirmed full-year 2025 guidance, including revenue of $1.5 billion to $1.6 billion and adjusted diluted EPS of $0.86 to $1.03.
Key points
- Q1 2025 revenue was $354.6 million versus $169.4 million in Q1 2024; GAAP diluted net loss per share was $(0.24) versus $(0.02).
- Adjusted Diluted EPS was $0.17 in both periods; Adjusted EBITDA rose to $92.1 million from $46.6 million.
- Full-year 2025 guidance was reaffirmed as of May 8, 2025, including Adjusted EBITDA of $410 million to $450 million.
- Inaugural investor day is scheduled for May 28, 2025, in New York City.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 08, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.