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Reportable Segments (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Adjusted EBITDA Reconciled to Net Income

Reconciliations of Segment Adjusted EBITDA to net loss for the three months ended March 31, 2025 and 2024 is as follows (in thousands):

		Three Months Ended March 31, 2025
		First Advantage Americas				First Advantage International				Sterling				Total
Total revenues		$	145,353			$	23,775			$	187,518			$	356,646
Intersegment revenues			(491	)			(1,263	)			(304	)			(2,058	)
External revenues		$	144,862			$	22,512			$	187,214			$	354,588
Less:
Adjusted cost of services			74,183				13,848				104,802
Other segment items			30,863				6,561				34,277
Segment Adjusted EBITDA		$	40,307			$	3,366			$	48,439			$	92,112
Adjustments to reconcile to net loss:
Interest expense, net															46,580
Provision for income taxes															2,231
Depreciation and amortization															61,666
Share-based compensation															7,967
Transaction and acquisition-related charges (a)															3,996
Integration, restructuring, and other charges (b)															10,866
Net loss														$	(41,194	)

		Three Months Ended March 31, 2024
		First Advantage Americas				First Advantage International				Sterling				Total
Total revenues		$	149,127			$	22,023			$	—			$	171,150
Intersegment revenues			(315	)			(1,419	)			—				(1,734	)
External revenues		$	148,812			$	20,604			$	—			$	169,416
Less:
Adjusted cost of services			76,070				12,837				—
Other segment items			29,388				6,297				—
Segment Adjusted EBITDA		$	43,669			$	2,889			$	—			$	46,558
Adjustments to reconcile to net loss:
Interest expense, net															3,570
Benefit for income taxes															(1,388	)
Depreciation and amortization															29,822
Share-based compensation															4,751
Transaction and acquisition-related charges (a)															11,992
Integration, restructuring, and other charges (b)															719
Net loss														$	(2,908	)

(a)Represents charges incurred related to acquisitions and similar transactions, primarily consisting of change in control-related costs, professional service fees, and other third-party costs. Transaction and acquisition related charges for the three months ended March 31, 2025 include approximately $3.8 million of expense associated with the Sterling Acquisition. The three months ended March 31, 2024 include approximately $11.1 million of expense associated with the Sterling Acquisition, as well as incremental professional service fees incurred related to the Company's initial public offering and the subsequent one-time compliance efforts.

(b)Represents charges from organizational restructuring and integration activities, non-cash, and other charges primarily related to nonrecurring legal exposures, foreign currency (gains) losses, (gains) losses on the sale of assets, and other non-recurring items. Integration, restructuring, and other charges for the three months ended March 31, 2025 include approximately $7.8 million of expense associated with the integration of Sterling.

Schedule of Revenues by Geographic Region

The following summarizes revenues by geographical region (in thousands):

		Three Months Ended March 31,
		2025				2024
Revenues
United States		$	303,789			$	146,206
All other countries			50,799				23,210
Total revenues		$	354,588			$	169,416

Summary of Long Lived Assets by Geographical Area

The following table sets forth net long-lived assets by geographic area (in thousands):

		March 31, 2025				December 31, 2024
Long-lived assets, net
United States		$	2,951,959			$	2,996,933
All other countries			435,281				436,741
Total long-lived assets, net		$	3,387,240			$	3,433,674

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- Definition

Tabular disclosure of the reconciliation of adjusted EBITDA from reportable segments to the consolidated income (loss).

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Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

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-Topic 606
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Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

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