First Advantage Corp. (FA)

First Advantage reported strong Q4 2025 results, exceeding expectations, and announced a $100 million share repurchase program. Barclays upgraded the stock in March 2026. The company's Q1 2026 results also surpassed expectations, with revenue up 8.6% year-on-year. FA outperformed the broader market in the last three-month and two-week periods. The integration of Sterling Check acquisition has been a key focus.

First Advantage experiences some demand seasonality, with the first quarter typically being a softer period for hiring volumes. Despite this, the company has demonstrated strong performance, with revenue growth exceeding expectations. Employer demand for faster screening and enhanced identity verification is driven by a need to combat rising fraud.

First Advantage Corp. is a global software and data company in the HR technology industry, specializing in employment background screening and verification solutions. It offers end-to-end identity solutions, background screening, credential verifications, drug and health screening, continuous risk monitoring, and other specialized services. The company uses AI-powered technology and serves over 80,000 customers across various sectors, including financial services, retail, healthcare, transportation, and the public sector.

First Advantage has a significant global presence, conducting over 200 million screens annually across more than 200 countries and territories. The company's corporate headquarters are located in Atlanta, Georgia, with additional offices across North America, Europe, Asia, the Middle East, Australia, Bangladesh, Canada, China, England, India, Japan, Korea, Malaysia, Mexico, New Zealand, Netherlands, Panama, Philippines, Poland, and the United Arab Emirates. While operating globally, the majority of its revenue is generated from the United States.

First Advantage has received positive recognition for its trustworthiness and innovation, including being named "Overall Digital Identity Solution Provider of the Year" and a "Newsweek's World's Most Trustworthy Companies 2025 Winner". The company acknowledges potential risks to its brand and reputation from security breaches or mishandling of personal data.

First Advantage is primarily owned by institutional shareholders, including Silver Lake Group, Price T Rowe Associates, Capital World Investors, and Vanguard Group Inc. Scott Staples is a notable individual and insider owner, holding 2.23% of the company.