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Side-by-side financial comparison of FIRST ADVANTAGE CORP (FA) and USA Compression Partners, LP (USAC). Click either name above to swap in a different company.

FIRST ADVANTAGE CORP is the larger business by last-quarter revenue ($420.0M vs $252.5M, roughly 1.7× USA Compression Partners, LP). USA Compression Partners, LP runs the higher net margin — 11.0% vs 0.8%, a 10.2% gap on every dollar of revenue. On growth, FIRST ADVANTAGE CORP posted the faster year-over-year revenue change (36.8% vs 2.7%). USA Compression Partners, LP produced more free cash flow last quarter ($87.7M vs $62.2M). Over the past eight quarters, FIRST ADVANTAGE CORP's revenue compounded faster (57.5% CAGR vs 4.9%).

First Advantage Corp is a leading global provider of end-to-end workforce screening and background verification solutions. It serves clients across diverse sectors including technology, healthcare, finance, retail, and manufacturing, ranging from small businesses to large multinational enterprises, helping reduce hiring risks, meet regulatory requirements, and build secure, trusted work environments globally.

USA Compression Partners, LP is a US-based provider of natural gas compression services and related infrastructure solutions. It serves clients across the upstream, midstream, and downstream segments of the oil and gas industry, offering custom compression systems, maintenance, and operational support to facilitate efficient natural gas production, processing, and transportation.

FA vs USAC — Head-to-Head

Bigger by revenue
FA
FA
1.7× larger
FA
$420.0M
$252.5M
USAC
Growing faster (revenue YoY)
FA
FA
+34.1% gap
FA
36.8%
2.7%
USAC
Higher net margin
USAC
USAC
10.2% more per $
USAC
11.0%
0.8%
FA
More free cash flow
USAC
USAC
$25.6M more FCF
USAC
$87.7M
$62.2M
FA
Faster 2-yr revenue CAGR
FA
FA
Annualised
FA
57.5%
4.9%
USAC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FA
FA
USAC
USAC
Revenue
$420.0M
$252.5M
Net Profit
$3.5M
$27.8M
Gross Margin
Operating Margin
10.7%
30.3%
Net Margin
0.8%
11.0%
Revenue YoY
36.8%
2.7%
Net Profit YoY
103.5%
9.1%
EPS (diluted)
$0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FA
FA
USAC
USAC
Q4 25
$420.0M
$252.5M
Q3 25
$409.2M
$250.3M
Q2 25
$390.6M
$250.1M
Q1 25
$354.6M
$245.2M
Q4 24
$307.1M
$245.9M
Q3 24
$199.1M
$240.0M
Q2 24
$184.5M
$235.3M
Q1 24
$169.4M
$229.3M
Net Profit
FA
FA
USAC
USAC
Q4 25
$3.5M
$27.8M
Q3 25
$2.6M
$34.5M
Q2 25
$308.0K
$28.6M
Q1 25
$-41.2M
$20.5M
Q4 24
$-100.4M
$25.4M
Q3 24
$-8.9M
$19.3M
Q2 24
$1.9M
$31.2M
Q1 24
$-2.9M
$23.6M
Operating Margin
FA
FA
USAC
USAC
Q4 25
10.7%
30.3%
Q3 25
10.3%
33.5%
Q2 25
9.7%
30.6%
Q1 25
2.1%
28.3%
Q4 24
-26.3%
30.3%
Q3 24
4.6%
31.5%
Q2 24
5.4%
32.9%
Q1 24
-0.4%
29.2%
Net Margin
FA
FA
USAC
USAC
Q4 25
0.8%
11.0%
Q3 25
0.6%
13.8%
Q2 25
0.1%
11.4%
Q1 25
-11.6%
8.4%
Q4 24
-32.7%
10.3%
Q3 24
-4.4%
8.1%
Q2 24
1.0%
13.3%
Q1 24
-1.7%
10.3%
EPS (diluted)
FA
FA
USAC
USAC
Q4 25
$0.03
Q3 25
$0.01
Q2 25
$0.00
Q1 25
$-0.24
Q4 24
$-0.67
Q3 24
$-0.06
Q2 24
$0.01
Q1 24
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FA
FA
USAC
USAC
Cash + ST InvestmentsLiquidity on hand
$240.0M
$8.6M
Total DebtLower is stronger
$2.1B
$2.5B
Stockholders' EquityBook value
$1.3B
Total Assets
$3.8B
$2.6B
Debt / EquityLower = less leverage
1.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FA
FA
USAC
USAC
Q4 25
$240.0M
$8.6M
Q3 25
$216.8M
Q2 25
$184.3M
$2.0K
Q1 25
$172.0M
$2.0K
Q4 24
$168.7M
$14.0K
Q3 24
$307.4M
$79.0K
Q2 24
$269.6M
$9.0K
Q1 24
$246.0M
$8.0K
Total Debt
FA
FA
USAC
USAC
Q4 25
$2.1B
$2.5B
Q3 25
$2.1B
$2.5B
Q2 25
$2.1B
$2.5B
Q1 25
$2.2B
$2.5B
Q4 24
$2.2B
$2.5B
Q3 24
$2.5B
Q2 24
$2.5B
Q1 24
$2.5B
Stockholders' Equity
FA
FA
USAC
USAC
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$920.7M
Q2 24
$913.3M
Q1 24
$907.7M
Total Assets
FA
FA
USAC
USAC
Q4 25
$3.8B
$2.6B
Q3 25
$3.9B
$2.7B
Q2 25
$3.9B
$2.7B
Q1 25
$3.9B
$2.7B
Q4 24
$3.9B
$2.7B
Q3 24
$1.7B
$2.8B
Q2 24
$1.6B
$2.8B
Q1 24
$1.6B
$2.8B
Debt / Equity
FA
FA
USAC
USAC
Q4 25
1.61×
Q3 25
1.64×
Q2 25
1.65×
Q1 25
1.69×
Q4 24
1.66×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FA
FA
USAC
USAC
Operating Cash FlowLast quarter
$65.9M
$139.5M
Free Cash FlowOCF − Capex
$62.2M
$87.7M
FCF MarginFCF / Revenue
14.8%
34.8%
Capex IntensityCapex / Revenue
0.9%
20.5%
Cash ConversionOCF / Net Profit
19.01×
5.02×
TTM Free Cash FlowTrailing 4 quarters
$188.5M
$277.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FA
FA
USAC
USAC
Q4 25
$65.9M
$139.5M
Q3 25
$72.4M
$75.9M
Q2 25
$37.3M
$124.2M
Q1 25
$19.5M
$54.7M
Q4 24
$-85.7M
$130.2M
Q3 24
$43.5M
$48.5M
Q2 24
$32.0M
$96.7M
Q1 24
$38.3M
$65.9M
Free Cash Flow
FA
FA
USAC
USAC
Q4 25
$62.2M
$87.7M
Q3 25
$71.2M
$51.9M
Q2 25
$36.1M
$101.1M
Q1 25
$19.0M
$36.3M
Q4 24
$-86.0M
$101.2M
Q3 24
$43.1M
$19.8M
Q2 24
$31.4M
$48.2M
Q1 24
$38.0M
$-32.7M
FCF Margin
FA
FA
USAC
USAC
Q4 25
14.8%
34.8%
Q3 25
17.4%
20.7%
Q2 25
9.2%
40.4%
Q1 25
5.4%
14.8%
Q4 24
-28.0%
41.1%
Q3 24
21.6%
8.2%
Q2 24
17.0%
20.5%
Q1 24
22.4%
-14.3%
Capex Intensity
FA
FA
USAC
USAC
Q4 25
0.9%
20.5%
Q3 25
0.3%
9.6%
Q2 25
0.3%
9.3%
Q1 25
0.1%
7.5%
Q4 24
0.1%
11.8%
Q3 24
0.2%
12.0%
Q2 24
0.4%
20.6%
Q1 24
0.2%
43.0%
Cash Conversion
FA
FA
USAC
USAC
Q4 25
19.01×
5.02×
Q3 25
27.91×
2.20×
Q2 25
121.25×
4.35×
Q1 25
2.66×
Q4 24
5.12×
Q3 24
2.51×
Q2 24
17.22×
3.10×
Q1 24
2.80×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FA
FA

First Advantage Americas$209.9M50%
Sterling$185.9M44%
First Advantage International$24.2M6%

USAC
USAC

Revenue From Contract Operations Excluding Revenue From Related Party$231.7M92%
Entities Affiliated With Energy Transfer LP$16.6M7%
Transferred At Point In Time$5.4M2%

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