Full-Time
Global background screening and risk management
No salary listed
Bengaluru, Karnataka, India
In Person
Bachelor's
See people who can refer or advise you
First Advantage provides background screening, identity verification, and risk management services, including pre-employment checks and ongoing monitoring to support compliant hiring. Its platform processes checks across many jurisdictions, combining data collection, verification, and ongoing updates with AI and automation to speed and improve accuracy. The company differentiates itself by operating in 200+ countries, serving industries like healthcare, finance, transportation, and retail, and by emphasizing accuracy, compliance, and security, plus its 2024 acquisition of Sterling Check Corp. Its goal is to help businesses make informed hiring decisions and keep workplaces safe and compliant.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Saint Petersburg, Russia
Founded
2003
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Hybrid Work Options
Investment funds affiliated with Silver Lake are selling 12.5 million shares of First Advantage Corporation at $22.20 per share in an underwritten secondary offering. First Advantage, a global provider of background screening and identity verification services, is not selling any shares and will not receive proceeds from the transaction. The offering is expected to close on 12 August 2026. The selling stockholder has agreed to a 30-day lock-up period with underwriter J.P. Morgan Securities, though up to 4.2 million shares will be distributed to limited partners without lock-up restrictions. First Advantage serves over 80,000 customers worldwide, including approximately two-thirds of the Fortune 100, conducting more than 200 million screens annually across over 200 countries.
First Advantage, a background screening provider, reported second quarter revenue of $448.8 million, up 14.9% year-on-year and beating analyst estimates by 8.2%. The company raised its full-year revenue guidance to $1.69 billion at the midpoint, 1% above analyst expectations. The results were driven by broad-based growth across key verticals, customer adoption of AI-enabled products, and strong enterprise bookings. CEO Scott Staples highlighted particularly strong high-volume hiring in retail, transportation, and blue-collar staffing. The company's adjusted earnings per share of $0.35 exceeded analyst estimates by 22.7%. Management raised full-year adjusted EPS guidance to $1.26 at the midpoint, a 5% increase. Operating margin improved to 12.7%, up from 9.7% in the same quarter last year.
First Advantage Corp reported record revenue of $449 million in Q2 2026, up 15% year-over-year, significantly exceeding expectations. The background screening company posted adjusted EBITDA of $128.5 million, up 13%, with a 28.6% margin. Adjusted diluted earnings per share rose 30% to $0.35, whilst operating cash flow surged 97% to $73.6 million. Base revenue growth reached 6.7%, driven by improvements across transportation, retail, and industrial sectors. The firm secured 20 enterprise deals in Q2, each worth at least $500,000 annually. Customer retention remained strong at 96%. First Advantage is advancing its AI-driven technology platform, including a native AI chat experience. The company repaid $70 million in debt during and after Q2, bringing total repayments since its Sterling acquisition to over $165 million. Management raised full-year 2026 guidance, expecting revenue between $1.67 billion and $1.71 billion.
First Advantage shares have surged 18% over the past month, hitting a 52-week high of $19.02. The stock has gained 30% year-to-date, outperforming its sector and industry. The company has beaten earnings estimates in each of the last four quarters. In its most recent earnings report on 7 May 2026, First Advantage posted EPS of $0.26 versus consensus of $0.21, whilst exceeding revenue estimates by 3.03%. For the current fiscal year, the company expects EPS of $1.23 on revenues of $1.68 billion, representing 18.27% and 6.41% growth respectively. The stock trades at 15.3 times current year earnings estimates and maintains a Zacks Rank of number 2 (Buy) due to solid earnings estimate revisions.
Rideshare companies partner with First Advantage to elevate rider safety. Challenge. As incidents involving rider safety began making headlines, First Advantage's customer partners knew they needed a better process for rider safety. The goal: "Make every single ride a safe ride" by employing a safety platform. Pre-hire criminal records and driving records checks alone were not sufficient, with more drivers added to the road every day. When advanced technology can bring a ride to anyone virtually anywhere, is there an equivalent screening technology to monitor criminal records and returns reportable data in near-real-time? At the touch of a button, rideshare companies make it possible for people to get from point A to point B - wherever they are. Using technology to quickly connect riders to drivers has changed the Transportation industry and the way people travel forever. As a founding company of the Transportation-as-aService gig economy, leading rideshare trailblazers are setting the safety standard for the entire industry by creating dedicated safety platforms with pre-hire checks as well as continuous criminal record checks. In partnership with First Advantage, rideshare leaders go the extra mile with continuous criminal records monitoring as a core component of their safety platform. Drivers are not only pre-hire screened, but they are also continuously monitored for reportable criminal records activities with near-real-time reporting. * Since the start of the criminal records continuous monitoring program, 225,569 court searches have been initiated * Over 3,000 drivers have been removed from the road due to reportable criminal records * Continuous criminal records monitoring in addition to pre-hire background screens has become the highest safety standard for rideshare companies Solution. When First Advantage first launched continuous criminal records monitoring, it was a game-changer for the Transportation market. It has helped boost these rideshare companies safety platforms. Fast forward to today, these rideshare organizations are notified when a driver has a serious criminal infraction soon after the activity is recorded. Using the report data, these companies are equipped to take quick action to protect their customer base by suspending drivers from the road or removing them altogether. As the industry continues to evolve and expands to serve more people - and more drivers get behind the wheel - continuous records monitoring will support the Transportation industry in the years ahead. Continuous criminal records monitoring in partnership with First Advantage is a critical component of Lyft's driver screening program. It helps Lyft to more quickly identify drivers with disqualifying criminal records and remove them from its platform." Director, Legal and Regulatory, Lyft Conclusion. Rideshare companies' reputations and their ability to scale can be attributed to their extensive safety goals and the safety platform they have established. Today, every rider who opens their apps and selects a ride is transported with the assurance and peace of mind that the company and its drivers have set a new standard of ridershare safety. Why First Advantage? First Advantage helps organizations integrate background screening with confidence. With coverage in more than 200 countries and territories and 100+ ATS and HCM integrations, Firstadvantageindia support faster, candidate-friendly hiring across the entire workforce lifecycle. Are you ready to begin your success story with First Advantage? Get Started This content is offered for informational purposes only. First Advantage is not a law firm, and this content does not, and is not intended to, constitute legal advice. Information in this may not constitute the most up-to-date legal or other information. Readers of this content should contact their own legal advisors concerning for their particular circumstance. No reader, or user of this content, should act or refrain from acting on the basis of information in this content. Only your individual attorney or legal advisor can provide assurances that the information contained herein - and your interpretation of it - is applicable or appropriate to your particular situation. Use of, and access to, this content does not create an attorney-client relationship between the reader, or user of this presentation and First Advantage. Customer Profile Real results Records are provided in near-real-time, every time. Results from these partnerships include: * Over 1.8M drivers screened since program start in 2019 * 8% of drivers had reportable criminal records * Over 3,000 drivers deemed ineligible to drive Get Started Today Want more information on identity solutions and background checks? Firstadvantageindia can help. Recommend Resources