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AI brief of an SEC Form 8-K · First Advantage (FA)

First Advantage Q1 revenue rises 8.6% to $385.2 million; guidance reaffirmed

Positive Impact 3 of 5 earnings Written later

First Advantage reported first quarter 2026 results, with revenue up 8.6% to $385.2 million and GAAP net income of $2.2 million, compared with a net loss of $41.2 million a year earlier. The company reaffirmed its full year 2026 guidance and said it made a $25 million voluntary debt prepayment on May 6, 2026, and has repurchased shares under a $100 million program. For shareholders, the move to GAAP profit and the unchanged outlook are the main signals, though the company's headline profit figures are non-GAAP adjusted measures.

Key points

  • Revenue of $385.2 million, up 8.6% from $354.6 million in the first quarter of 2025.
  • GAAP net income of $2.2 million, or $0.01 per diluted share, versus a net loss of $41.2 million, or $0.24 per share, a year earlier.
  • Adjusted Diluted EPS of $0.26 versus $0.17 a year earlier; Adjusted EBITDA of $105.3 million, up 14.3%.
  • Full year 2026 guidance reaffirmed: revenues of $1,625 million to $1,700 million and Adjusted Diluted EPS of $1.15 to $1.25.

The filing

CompanyFirst Advantage (FA)
Form8-K, current report
Filed with the SECMay 7, 2026, 6:01 AM ET
Accession number0001193125-26-210077

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 07, 2026.

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.