First Advantage posts strong Q3 2026 results, raises full‑year outlook and announces Data Diver acquisition
First Advantage reported third‑quarter 2026 revenue of $465.8 million, a 13.8% year‑over‑year increase, and adjusted earnings per share of $0.38. The company lifted its full‑year 2026 revenue guidance to $1.720 billion‑$1.745 billion and adjusted EPS guidance to $1.30‑$1.33. It also announced a $125 million tuck‑in acquisition of Data Diver Technologies to add roughly $20 million of annual revenue.
Why it matters
Analysts upgraded their price targets, with Jefferies raising its target to $26 and Needham to $30, reflecting expectations of continued growth and margin expansion. The higher guidance and acquisition signal stronger future cash flow and market positioning for investors.
Key facts
- 1Q3 2026 revenue was $465.8 million, up 13.8% year‑over‑year. stocktitan.net
- 2Adjusted diluted EPS for the quarter was $0.38. stocktitan.net
- 3Full‑year 2026 revenue guidance was raised to a range of $1.720 billion to $1.745 billion. stocktitan.net
- 4Full‑year 2026 adjusted EPS guidance was raised to a range of $1.30 to $1.33. stocktitan.net
- 5The company announced the acquisition of Data Diver Technologies for $125 million. finance.yahoo.com
- 6Jefferies increased its price target for FA to $26.00 from $23.00. investing.com
Summary written by AlphAI AI Desk from 11 of 11 sources. Not investment advice. Figures are as stated by the linked sources.