FA · XBRL financial data

First Advantage financial statements, every fiscal year

The same tables from 5 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (FA's year ends in late December)

In millions of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	712	810	764	860	1,574
Research and development	46	52	49	64	102
Selling, general and administrative	108	117	117	264	236
Total operating expenses	648	716	682	923	1,442
Operating income (loss)	64	94	82	(62)	132
Interest income	0	—	—	—	—
Interest expense	25	—	—	—	—
Other income (expense)	(39)	(9)	(33)	(52)	(170)
Income tax expense (benefit)	(9)	20	11	(4)	(2)
Net income (loss)	16	65	37	(110)	(35)
Earnings per share, basic USD per share	0.11	0.43	0.26	(0.74)	(0.20)
Earnings per share, diluted USD per share	0.11	0.43	0.26	(0.74)	(0.20)
Weighted average shares, basic millions of shares	140	150	144	149	173
Weighted average shares, diluted millions of shares	142	152	146	149	173

Fiscal years (FA's year ends in late December)

In millions of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	293	392	214	169	240
Short-term investments	1	2	0	—	—
Accounts receivable	156	144	143	267	297
Prepaid and other current assets	14	25	13	31	15
Total current assets	466	566	374	476	562
Property and equipment, net	154	114	79	308	251
Right-of-use asset	—	11	7	14	9
Goodwill	794	793	821	2,125	2,144
Total assets	1,887	1,886	1,631	3,923	3,834
Accounts payable	54	55	47	121	110
Accrued liabilities	22	16	16	45	49
Current portion of long-term debt	0	—	0	22	0
Total current liabilities	109	101	85	251	230
Long-term debt	555	557	558	2,121	2,080
Lease liability, non-current	0	8	6	9	6
Total liabilities	754	759	724	2,616	2,520
Accumulated deficit	(31)	(27)	(50)	(160)	(195)
Total stockholders' equity	1,132	1,127	907	1,307	1,314
Total liabilities and equity	1,887	1,886	1,631	3,923	3,834
Common shares outstanding (cover page) millions of shares	153	148	145	174	174

Fiscal years (FA's year ends in late December)

In millions of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	16	65	37	(110)	(35)
Stock-based compensation	10	8	15	32	24
Depreciation and amortization	69	70	67	77	112
Net cash from operating activities	149	213	163	28	195
Purchases of property and equipment	7	6	2	2	7
Net cash from investing activities	(72)	(49)	(67)	(1,652)	(54)
Share repurchases	—	61	59	—	—
Net cash from financing activities	64	(59)	(274)	1,581	(71)
Net change in cash	140	99	(178)	(44)	71

SIC 7374 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7374 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
First Advantage	238	449	74*	171.8M	—	Q2 FY26 10-QJun 30, 2026
CSG Systems International	147	314	(1.2)	28.5M	126.7 quarters	Q1 FY26 10-QMar 31, 2026
Clarivate	257	482	166*	639.9M	—	Q3 FY26 10-QSep 30, 2026
Legalzoom.com	167	205	40*	171.3M	—	Q2 FY26 10-QJun 30, 2026
Asana	220	216	46*	not reported	—	Q2 FY27 10-QJul 31, 2026
Grindr	6.5	138	41*	173.8M	—	Q2 FY26 10-QJun 30, 2026
Certara	184	93	10*	152.5M	—	Q2 FY26 10-QJun 30, 2026
Navan	653	233	25*	not reported	—	Q2 FY27 10-QJul 31, 2026
PagerDuty	234	124	37*	78.6M	—	Q2 FY27 10-QJul 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.