Second Quarter 2025 Highlights 1 Revenues of $390.6 million Net Income of $0.3 million, a net income margin of 0.1%, includes $7.3 million of expenses related to the acquisition of Sterling Check Corp. (“Sterling”) and related integration, and $41.3 million of Sterling depreciation and amortization Adjusted Net Income of $47.0 million Adjusted EBITDA of $113.9 million; Adjusted EBITDA Margin of 29.2% GAAP Diluted Net Income Per Share of $0.00, includes $0.03 per share of expenses incurred related to the Sterling acquisition and related integration Adjusted Diluted Earnings Per Share of $0.27 Cash Flows from Operations of $37.3 million; Adjusted Operating Cash Flows of $47.7 million, after adjusting for $10.4 million of cash costs directly associated with the Sterling acquisition and related integration Reaffirming Full Year 2025 Guidance Reaffirming full year 2025 guidance ranges, including the expected benefits of realized synergies, for Revenues of $1.5 billion to $1.6 billion, Adjusted EBITDA of $410 million to $450 million, Adjusted Net Income of $152 million to $182 million, and Adjusted Diluted Earnings Per Share of $0.86 to $1.032 ATLANTA, Aug. 07, 2025 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA), a leading provider of global software and data in the HR technology industry, today announced financial results for the second quarter ended June 30, 2025. Key Financials (Amounts in millions, except per share data and percentages) Three Months Ended June 30, 2025 2024 Revenues $ 390.6 $ 184.5 Income from operations $ 37.7 $ 9.9 Net income $ 0.3 $ 1.9 Net income margin 0.1 % 1.0 % Diluted net income per share $ 0.00 $ 0.01 Adjusted EBITDA1 $ 113.9 $ 55.8 Adjusted EBITDA Margin1 29.2 % 30.2 % Adjusted Net Income1 $ 47.0 $ 30.8 Adjusted Diluted Earnings Per Share1 $ 0.27 $ 0.21 1 Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income, Adjusted Diluted Earnings Per Share, and Adjusted Operating Cash Flows are non-GAAP measures.
