Earnings summaries and quarterly performance for PARSONS.
Executive leadership at PARSONS.
Board of directors at PARSONS.
CM
Christian Mitchell
Detailed
Director
DM
Darren McDew
Detailed
Director
DW
David Wajsgras
Detailed
Director
EL
Ellen Lord
Detailed
Director
GB
George Ball
Detailed
Director
HM
Harry McMahon
Detailed
Director
LL
Letitia Long
Detailed
Director
MH
Mark Holdsworth
Detailed
Director
SL
Steven Leer
Detailed
Lead Independent Director
SV
Suzanne Vautrinot
Detailed
Director
Research analysts who have asked questions during PARSONS earnings calls.
AJ
Andrew J. Wittmann
Robert W. Baird & Co.
6 questions for PSN
Also covers: ABM, ACM, APG +17 more
SK
Sheila Kahyaoglu
Jefferies
6 questions for PSN
Also covers: , AAL, AIR +36 more
Tobey Sommer
Truist Securities, Inc.
6 questions for PSN
Also covers: AMN, AMTM, ASGN +26 more
LD
Louie DiPalma
William Blair
5 questions for PSN
Also covers: AIR, ASTS, AVAV +16 more
AD
Alexander Dwyer
KeyBanc Capital Markets
3 questions for PSN
Also covers: EME, FIX, PRIM
NP
Noah Poponak
Goldman Sachs
3 questions for PSN
Also covers: AMTM, BA, CACI +22 more
GK
Gautam Khanna
TD Cowen
2 questions for PSN
Also covers: ASLE, ATI, ATRO +21 more
GP
Gavin Parsons
UBS Group AG
2 questions for PSN
Also covers: , AMTM, BA +18 more
JG
John Godyn
Citigroup
2 questions for PSN
Also covers: AAL, ALGT, BAH +7 more
Joshua Sullivan
The Benchmark Company
2 questions for PSN
Also covers: ACHR, AIR, ATI +13 more
MP
Mariana Perez Mora
Bank of America
2 questions for PSN
Also covers: AMTM, BAH, CACI +9 more
SJ
Sangita Jain
KeyBanc Capital Markets
2 questions for PSN
Also covers: ACM, CTRI, DY +10 more
Cv
Cai von Rumohr
TD Cowen
1 question for PSN
Also covers: BA, BAH, EVEX +5 more
JS
Jonathan Siegmann
Stifel Financial Corp.
1 question for PSN
Also covers: AVAV, BAH, CACI +9 more
Samantha Stiroh
Bank of America
1 question for PSN
Also covers: KBR
Recent press releases and 8-K filings for PSN.
PARSONS Reports Strong Performance and Outlines Future Growth Strategy
PSN
Guidance Update
New Projects/Investments
M&A
- Parsons exceeded its 2023 Investor Day targets, achieving 120 basis points of EBITDA margin expansion and a 26% cash flow compound annual growth rate.
- The company projects a mid-single digit organic growth rate for 2026-2028, with the Middle East segment expected to grow 8.5% in 2026 and the Federal business around 6.5% (excluding a confidential contract).
- Parsons reported a record 73% funded backlog and an additional $11 billion in awarded, not booked work, with plans for a 1.0 or better book-to-bill in 2026 across both Federal and Critical Infrastructure segments.
- The company anticipates margin expansion in both Critical Infrastructure and Federal segments in 2026, benefiting from accretive acquisitions like Altamira and growth in product-based offerings.
- Parsons is strategically aligned with significant government funding, including the Reconciliation Bill and the Infrastructure Investment and Jobs Act, and has secured major contracts such as a $1 billion Counter Nuclear Smuggling Detection and Deterrent System and an early FAA technical support service contract extension.
Feb 18, 2026, 8:35 PM
Parsons Discusses Strong Performance, Growth Outlook, and Strategic Initiatives
PSN
Guidance Update
New Projects/Investments
M&A
- Parsons exceeded its 2023 Investor Day targets for revenue growth, adjusted EBITDA margin, and cash flow, and projects mid-single digit organic growth for 2026-2028.
- The company reports a record $8.7 billion funded backlog (73% funded) and an additional $11 billion in awarded, not booked contracts, with a target of 1.0 or better book-to-bill for 2026.
- Parsons anticipates 8.5% growth in the Middle East for 2026 and expects margin expansion in both Critical Infrastructure and Federal segments in the same year, supported by accretive acquisitions like Altamira.
- The company is strategically aligned with significant government funding initiatives, including the Reconciliation Bill and the Infrastructure Investment and Jobs Act, and has a long-standing presence in key defense and infrastructure projects.
Feb 18, 2026, 8:35 PM
Parsons' Subsidiary Sealing Technologies Receives Intent to Award for Joint Cyber Hunt Kit Production
PSN
New Projects/Investments
M&A
- Parsons' subsidiary, Sealing Technologies (SealingTech), received an Intent to Award notification from the United States Cyber Command (USCYBERCOM) for a sole-source contract.
- This new contract for the Joint Cyber Hunt Kit (JCHK) solution has a three-year period of performance and an anticipated ceiling value of up to $500 million.
- The award highlights the success of Parsons' 2023 acquisition of SealingTech, which aimed to bolster its cyber operations solutions for national security.
Feb 18, 2026, 2:05 PM
Parsons Announces Q4 and FY 2025 Financial Performance
PSN
Earnings
Guidance Update
M&A
- Parsons delivered strong financial results for Q4 and fiscal year 2025, achieving double-digit total revenue growth (excluding confidential contract) and a record adjusted EBITDA margin of 9.6% for FY25.
- For fiscal year 2025, total revenue reached $6,364M and adjusted EBITDA was $609M. In Q4 2025, total revenue was $1.6B and adjusted EBITDA was $153M.
- The company exceeded the high-end of all 2023 Investor Day financial targets for 2025.
- Parsons provided 2026 guidance, projecting total revenue between $6,500M and $6,800M, adjusted EBITDA between $615M and $675M, and cash flow from operations between $470M and $530M.
- In 2025, Parsons secured 15 contract wins valued at over $100M, matching a company record, and completed three accretive acquisitions, including Altamira after Q4 2025 ended.
Feb 11, 2026, 1:00 PM
Parsons Reports Strong FY 2025 Results, Provides 2026 Guidance, and Outlines Long-Term Targets
PSN
Earnings
Guidance Update
M&A
- Parsons reported fiscal year 2025 total revenue growth of 12% and 8% organic revenue growth (excluding a confidential contract), achieving a record Adjusted EBITDA of $609 million with a 9.6% margin, and 100% free cash flow conversion.
- The company provided 2026 guidance projecting revenue between $6.5-$6.8 billion and Adjusted EBITDA between $615-$675 million, targeting double-digit Adjusted EBITDA margins by 2028.
- Strategic capital deployment in 2025 included three acquisitions totaling $145 million and $125 million in share repurchases, with the acquisition of Altamira Technologies Corporation closing after Q4.
- Parsons ended Q4 2025 with a total backlog of $8.7 billion, including a record funded backlog of $6.4 billion, and maintained a net debt leverage ratio of 1.3 times.
Feb 11, 2026, 1:00 PM
Parsons Reports Strong Q4 and Full-Year 2025 Results, Provides 2026 Guidance
PSN
Earnings
Guidance Update
M&A
- Parsons reported fiscal year 2025 total revenue growth of 12% and 8% organic revenue growth, excluding a confidential contract, with Adjusted EBITDA reaching a record $609 million and a 9.6% margin, alongside 100% free cash flow conversion.
- For Q4 2025, the company achieved 11% total revenue growth and 8% organic growth (excluding the confidential contract), with Adjusted EBITDA of $153 million and a 9.6% margin.
- The company provided 2026 guidance, expecting revenue between $6.5 billion and $6.8 billion, Adjusted EBITDA between $615 million and $675 million (midpoint margin of 9.7%), and cash flow from operating activities between $470 million and $530 million.
- Parsons deployed capital through three strategic acquisitions totaling $145 million and repurchased 1.8 million shares for $125 million in fiscal year 2025, maintaining a net debt leverage ratio of 1.3 times.
- The company aims for mid-single digit or better annual organic revenue growth and double-digit Adjusted EBITDA margins by 2028, with a free cash flow conversion rate of 100% or better over the next three years.
Feb 11, 2026, 1:00 PM
Parsons Reports Record FY 2025 Adjusted EBITDA and Provides Strong 2026 Guidance
PSN
Earnings
Guidance Update
M&A
- Parsons reported strong financial results for FY 2025, including 12% total revenue growth and 8% organic revenue growth (excluding a confidential contract), achieving a record Adjusted EBITDA of $609 million with a 9.6% margin and 100% free cash flow conversion.
- The company strategically deployed capital, completing three acquisitions in 2025 and acquiring Altamira Technologies Corporation in Q1 2026 for up to $375 million, enhancing its national security and intelligence capabilities.
- Parsons ended Q4 2025 with a total backlog of $8.7 billion, of which 73% is funded, and $11 billion in contract wins not yet booked, maintaining a trailing 12-month book-to-bill ratio of 1.0 times.
- For 2026, the company provided guidance of $6.5 billion to $6.8 billion in revenue and $615 million to $675 million in Adjusted EBITDA, with a long-term goal of achieving double-digit EBITDA margins by 2028.
Feb 11, 2026, 1:00 PM
Parsons Reports Fourth Quarter and Fiscal Year 2025 Results
PSN
Earnings
Guidance Update
M&A
- Parsons reported Q4 2025 revenue of $1.6 billion, an 8% decrease year-over-year, and fiscal year 2025 revenue of $6.4 billion, a 6% decrease year-over-year.
- For Q4 2025, net income increased 3% to $56 million and adjusted EBITDA increased 5% to a record $153 million; for fiscal year 2025, net income increased 3% to a record $241 million and adjusted EBITDA increased 1% to a record $609 million.
- The company secured 15 contracts each valued at $100 million or more in fiscal year 2025, matching its prior year record.
- Subsequent to Q4 2025, Parsons completed the acquisition of Altamira Technologies Corporation for up to $375 million and Applied Sciences Consulting, Inc..
- Parsons established fiscal year 2026 guidance with projected revenue between $6.5 billion and $6.8 billion and Adjusted EBITDA between $615 million and $675 million.
Feb 11, 2026, 11:30 AM
Parsons Reports Fourth Quarter and Fiscal Year 2025 Results
PSN
Earnings
Guidance Update
M&A
- Parsons Corporation reported Q4 2025 revenue of $1.6 billion, an 8% decrease year-over-year, and fiscal year 2025 revenue of $6.4 billion, a 6% decrease year-over-year. However, total revenue grew 11% in Q4 2025 and 12% in FY 2025 when excluding a confidential contract.
- For Q4 2025, net income increased 3% to $56 million and adjusted EBITDA increased 5% to $153 million. For the full fiscal year 2025, net income increased 3% to $241 million and adjusted EBITDA increased 1% to $609 million.
- The company provided fiscal year 2026 guidance, projecting revenue between $6.5 billion and $6.8 billion, and adjusted EBITDA between $615 million and $675 million.
- Parsons won 15 contracts each worth $100 million or more in fiscal year 2025, matching the previous year's record, and completed the acquisition of Applied Sciences Consulting, Inc. during Q4 2025, with Altamira Technologies Corporation acquired after the quarter ended.
Feb 11, 2026, 11:30 AM
Parsons Awarded $125 Million Contract for U.S. Army Support
PSN
New Projects/Investments
- Parsons Corporation (NYSE: PSN) has been awarded a $125 million single-award Task Order contract over five years.
- This contract supports the U.S. Army Combat Capabilities Development Command (DEVCOM) Army Research Laboratory (ARL), High Performance Computing Modernization Program (HPCMP), and Defense Research and Engineering Network (DREN).
- Parsons will provide critical research, development, and technical services to enhance scientific research and technology in areas such as information processing, network and communication sciences, and advanced computing.
- The award continues Parsons' 20-year partnership with the DEVCOM Army Research Laboratory.
Feb 10, 2026, 11:30 AM
Quarterly earnings call transcripts for PARSONS.
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