First Advantage Q2 revenue and profit beat, lifts 2026 outlook

FA•2026-08-06

First Advantage raises 2026 revenue guidance to $1.67 bln-$1.71 bln from $1.625 bln-$1.7 bln
Company lifts 2026 adjusted EBITDA outlook to $472 mln-$486 mln from $460 mln-$485 mln
First Advantage cites strong year-to-date performance and labor market trends for improved outlook

US identity solutions provider's Q2 revenue grew 15%, beating analyst expectations
Adjusted EPS and adjusted net income for Q2 beat analyst expectations
Company raised full-year 2026 guidance and repurchased $18.7 mln in shares

AI technology platform - Co said its AI-driven proprietary technology platform contributed to revenue and earnings growth, per CEO Scott Staples
Increased customer demand - Co reported increased customer demand across transportation & logistics, retail & e-commerce, industrials & manufacturing, and general staffing verticals
Upsell and new bookings - Upsell and cross-sell outperformance, new enterprise bookings, and healthy customer retention supported results

Metric	Beat/Miss	Actual	Consensus Estimate
Q2 Revenue	Beat	$448.80 mln	$415.03 mln (9 Analysts)
Q2 Adjusted EPS	Beat	$0.35	$0.29 (10 Analysts)
Q2 Adjusted Net Income	Beat	$61.40 mln	$50.42 mln (8 Analysts)
Q2 Net Income		$16.90 mln
Q2 Adjusted EBITDA	Beat	$128.50 mln	$116.39 mln (9 Analysts)
Q2 Cash Flow from Operations		$73.60 mln

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