Parsons Corporation (PSN) reported $6.32B of revenue for the twelve months ended Sep 30, 2026. That is down 2.7% from the year before. Revenue for fiscal 2025 was $6.36B.

Yes. Parsons Corporation earned $147.44M in net income for the twelve months ended Sep 30, 2026, a net margin of 2.3%.

How much cash and debt does PSN have?

Parsons Corporation reported $296.95M in cash and cash equivalents and $1.36B of debt on its most recent balance sheet in SEC filings.

How fast is PSN revenue growing?

Parsons Corporation's revenue changed -5.7% in fiscal 2025, to $6.36B. Its compound annual growth rate was +10.2% over 5 years.

What is PSN gross margin?

Parsons Corporation's gross profit was $1.40B on $6.32B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 22.2%.

What is PSN free cash flow?

Parsons Corporation generated $409.24M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $490.14M less capital expenditures.

What is PSN earnings per share?

Diluted earnings per share were $1.37 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did PSN last report financial results?

The latest statements here come from Parsons Corporation's 10-Q filed on Oct 28, 2026, covering the period ended Sep 30, 2026.

Where does this PSN financial data come from?

Quantisnow builds these statements from the structured XBRL data Parsons Corporation files with the SEC. It is provided for information only and is not investment advice.

Financials · PSN

Parsons Corporation (PSN) financials

For the twelve months ended Sep 30, 2026, Parsons Corporation reported $6.32B of revenue and $147.44M of net income.

Revenue, TTM: $6.32B
Revenue growth, YoY: -2.7%
Net income, TTM: $147.44M
Net income growth, YoY: -38.5%
Net margin: 2.3%
Free cash flow, TTM: $409.24M
EPS, diluted, TTM: $1.37
EPS growth, YoY: -37.2%
Cash: $296.95M
Total debt: $1.36B
P/E: 35.00
P/S: 0.82
Market cap: $5.16B

Annual revenue$6.36B

FY2017FY2025

Annual net income$241.14M

FY2017FY2025

Annual free cash flow$410.41M

FY2017FY2025

PSN revenue and earnings growth

PSN revenueQ3 2026$1.65B

Quarter YoY: +1.8%
QoQ: +4.7%
FY YoY: -5.7%
5Y CAGR: +10.2%

PSN revenue was $1.65B in fiscal Q3 2026 (ended Sep 30, 2026), up 1.8% from a year earlier and up 4.7% from the prior quarter. For the full fiscal 2025 it was $6.36B, down 5.7% from fiscal 2024. Compound annual growth was +10.2% over 5 years. It rose in 5 of the last 8 fiscal years.

PSN net incomeQ3 2026$54.15M

Quarter YoY: -15.5%
FY YoY: +2.6%
5Y CAGR: +19.6%

PSN net income was $54.15M in fiscal Q3 2026 (ended Sep 30, 2026), down 15.5% from a year earlier. For the full fiscal 2025 it was $241.14M, up 2.6% from fiscal 2024. Compound annual growth was +19.6% over 5 years. It rose in 5 of the last 8 fiscal years. Fiscal 2025 is the highest of the 9 fiscal years on file.

PSN EPSQ3 2026$0.51

Quarter YoY: -13.6%
FY YoY: +3.8%
5Y CAGR: +17.8%

PSN diluted EPS was $0.51 in fiscal Q3 2026 (ended Sep 30, 2026), down 13.6% from a year earlier. For the full fiscal 2025 it was $2.20, up 3.8% from fiscal 2024. Compound annual growth was +17.8% over 5 years.

PSN free cash flowQ3 2026$250.83M

Quarter YoY: +67.5%
QoQ: +505.1%
FY YoY: -13.5%
5Y CAGR: +10.0%

PSN free cash flow was $250.83M in fiscal Q3 2026 (ended Sep 30, 2026), up 67.5% from a year earlier and up 505.1% from the prior quarter. For the full fiscal 2025 it was $410.41M, down 13.5% from fiscal 2024. Compound annual growth was +10.0% over 5 years. It rose in 5 of the last 8 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 29, 2017
Revenue	$6.36B	$6.75B	$5.44B	$4.20B	$3.66B	$3.92B	$3.95B	$3.56B	$3.02B
Cost of revenue	$4.93B	$5.34B	$4.24B	$3.25B	$2.81B	$3.04B	$3.12B	$2.80B	$2.40B
Gross profit	$1.43B	$1.41B	$1.21B	$946.72M	$852.82M	$876.86M	$831.75M	$765.50M	$616.87M
Selling, general and admin	$1.02B	$955.00M	$869.90M	$777.40M	$757.24M	$729.10M	$781.41M	$597.41M	$506.25M
Operating income	$418.07M	$428.07M	$288.36M	$185.67M	$132.45M	$177.81M	$92.06M	$205.01M	$150.70M
Interest expense	$51.30M	$51.58M	$31.50M	$23.18M	$17.70M	$20.96M	$23.73M	$20.84M	$15.80M
Pre-tax income	$382.51M	$367.65M	$264.05M	$166.22M	$112.59M	$161.41M	$67.24M	$259.80M	$133.00M
Income tax	$73.65M	$76.99M	$56.14M	$39.66M	$23.64M	$42.49M	-$69.89M	$20.37M	$21.46M
Net income	$241.14M	$235.05M	$161.15M	$96.66M	$64.07M	$98.54M	$120.53M	$222.34M	$97.33M
EPS, basic	$2.26	$2.21	$1.53	$0.93	$0.62	$0.98	$1.30	$2.78	$1.16
EPS, diluted	$2.20	$2.12	$1.42	$0.87	$0.59	$0.97	$1.30	$2.78	$1.16
Diluted shares	109.7M	112.2M	115.1M	113.5M	112.1M	101.2M	92.8M	80.0M	83.6M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 29, 2017
Cash and equivalents	$466.39M	$453.55M	$272.94M	$262.54M	$342.61M	$483.61M	$182.69M	$280.22M	$446.14M
Receivables	$1.12B	$1.10B	$915.64M	$717.35M	$598.31M	$698.58M	$671.49M	$623.29M	-
Current assets	$2.68B	$2.46B	$2.14B	$1.72B	$1.63B	$1.84B	$1.53B	$1.49B	-
Goodwill	$2.19B	$2.08B	$1.79B	$1.66B	$1.41B	$1.26B	$1.05B	$736.94M	$496.79M
Total assets	$5.77B	$5.49B	$4.80B	$4.20B	$3.83B	$3.94B	$3.45B	$2.61B	-
Current liabilities	$1.53B	$1.92B	$1.41B	$1.11B	$1.03B	$1.19B	$1.14B	$1.01B	-
Short-term debt	$0	$463.40M	$0	-	$0	$50.00M	$0	$0	-
Long-term debt	$1.24B	$784.10M	$745.96M	$743.61M	$591.92M	$540.00M	$249.35M	-	-
Total debt	$1.24B	$1.25B	$745.96M	$743.61M	$591.92M	$590.00M	$249.35M	$429.16M	-
Total liabilities	$3.00B	$2.95B	$2.43B	$2.10B	$1.89B	$2.08B	$1.79B	$1.66B	-
Shareholders' equity	$2.64B	$2.53B	$2.38B	$2.10B	$1.94B	$1.86B	$1.66B	-$921.08M	-$1.05B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 29, 2017
Operating cash flow	$478.38M	$523.61M	$407.70M	$237.53M	$205.57M	$289.16M	$220.24M	$284.63M	$265.03M
Capital expenditures	$67.97M	$49.21M	$40.40M	$30.59M	$21.11M	$34.04M	$67.60M	$29.28M	$27.94M
Free cash flow	$410.41M	$474.39M	$367.30M	$206.93M	$184.47M	$255.13M	$152.64M	$255.35M	$237.09M
Investing cash flow	-$255.58M	-$556.72M	-$375.97M	-$417.47M	-$240.91M	-$346.37M	-$570.80M	-$503.30M	-$52.96M
Financing cash flow	-$214.10M	$218.75M	-$21.87M	$100.37M	-$106.50M	$348.23M	$266.04M	$55.41M	-$160.17M
Dividends paid	-	-	-	-	$0	$0	$52.09M	$0	$0
Share repurchases	$124.99M	$25.00M	$11.00M	$22.00M	$21.70M	$0	$6.27M	-	-
Stock-based compensation	$43.21M	$56.08M	$34.37M	$23.01M	$20.19M	$15.23M	$8.27M	$0	$0
Depreciation and amortization	$116.49M	$99.25M	$119.97M	$120.50M	$144.21M	$127.98M	$125.70M	$69.87M	$35.20M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 29, 2017
Revenue growth, YoY	-5.7%	24.0%	29.7%	14.6%	-6.6%	-0.9%	11.1%	18.0%	-
Net income growth, YoY	2.6%	45.9%	66.7%	50.9%	-35.0%	-18.2%	-45.8%	128.4%	-
EPS growth, YoY	3.8%	49.3%	63.2%	47.5%	-39.2%	-25.4%	-53.2%	139.7%	-
Gross margin	22.5%	20.8%	22.2%	22.6%	23.3%	22.4%	21.0%	21.5%	20.4%
Operating margin	6.6%	6.3%	5.3%	4.4%	3.6%	4.5%	2.3%	5.8%	5.0%
Net margin	3.8%	3.5%	3.0%	2.3%	1.8%	2.5%	3.0%	6.2%	3.2%
Free cash flow margin	6.4%	7.0%	6.7%	4.9%	5.0%	6.5%	3.9%	7.2%	7.9%
Return on equity	9.1%	9.3%	6.8%	4.6%	3.3%	5.3%	7.3%	-	-
Return on assets	4.2%	4.3%	3.4%	2.3%	1.7%	2.5%	3.5%	8.5%	-
Current ratio	1.75	1.29	1.52	1.55	1.58	1.55	1.33	1.48	-
Debt to equity	0.47	0.49	0.31	0.35	0.31	0.32	0.15	-	-

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024 Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$1.65B	$1.58B	$1.49B	$1.60B	$1.62B	$1.58B	$1.55B	$1.73B	$1.81B	$1.67B	$1.54B	$1.49B
Cost of revenue	$1.27B	$1.28B	$1.13B	$1.23B	$1.26B	$1.24B	$1.20B	$1.36B	$1.45B	$1.32B	$1.21B	$1.13B
Gross profit	$382.07M	$295.24M	$357.42M	$369.34M	$359.86M	$348.35M	$353.98M	$369.75M	$360.29M	$351.54M	$324.85M	$367.20M
Selling, general and admin	$285.49M	$260.19M	$267.90M	$259.76M	$260.17M	$252.05M	$244.06M	$264.60M	$246.17M	$223.28M	$220.94M	$237.51M
Operating income	$103.82M	$1.29M	$95.67M	$105.22M	$107.95M	$95.66M	$109.23M	$99.81M	$114.99M	$111.42M	$101.84M	$77.44M
Interest expense	$16.30M	$16.39M	$16.00M	$12.95M	$13.54M	$12.57M	$12.25M	$12.54M	$13.03M	$13.01M	$13.00M	$9.13M
Pre-tax income	$87.86M	$3.76M	$81.30M	$94.74M	$97.83M	$89.18M	$100.76M	$88.09M	$108.11M	$103.13M	$68.32M	$72.25M
Income tax	$20.45M	$4.22M	$16.09M	$19.95M	$16.04M	$18.69M	$18.98M	$18.73M	$22.52M	$22.41M	$13.32M	$14.19M
Net income	$54.15M	-$15.22M	$52.93M	$55.58M	$64.12M	$55.23M	$66.20M	$54.18M	$71.95M	$69.17M	$39.75M	$44.91M
EPS, basic	$0.51	-$0.14	$0.49	$0.52	$0.60	$0.52	$0.62	$0.51	$0.68	$0.65	$0.37	$0.43
EPS, diluted	$0.51	-$0.14	$0.49	$0.51	$0.59	$0.50	$0.60	$0.49	$0.65	$0.63	$0.37	$0.39
Diluted shares	106.8M	107.7M	108.4M	-	109.1M	110.1M	111.0M	-	111.1M	110.5M	114.4M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024 Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$296.95M	$266.04M	$283.92M	$466.39M	$422.55M	$411.33M	$269.75M	$453.55M	$558.82M	$528.46M	$423.12M	$272.94M
Receivables	$1.11B	$1.15B	$1.10B	$1.12B	$1.22B	$1.17B	$1.12B	$1.10B	$1.03B	$1.04B	$1.02B	$915.64M
Current assets	$2.58B	$2.72B	$2.59B	$2.68B	$2.65B	$2.59B	$2.40B	$2.46B	$2.55B	$2.57B	$2.43B	$2.14B
Goodwill	$2.42B	$2.42B	$2.42B	$2.19B	$2.16B	$2.16B	$2.11B	$2.08B	$1.93B	$1.79B	$1.79B	$1.79B
Total assets	$5.99B	$6.11B	$6.01B	$5.77B	$5.74B	$5.72B	$5.45B	$5.49B	$5.44B	$5.24B	$5.10B	$4.80B
Current liabilities	$1.62B	$1.64B	$1.48B	$1.53B	$1.59B	$1.61B	$1.87B	$1.92B	$1.65B	$1.43B	$1.35B	$1.41B
Short-term debt	-	-	-	$0	$0	$84.92M	$434.93M	$463.40M	$115.43M	-	-	$0
Long-term debt	$1.36B	$1.47B	$1.51B	$1.24B	$1.24B	$1.24B	$785.20M	$784.10M	$1.13B	$1.25B	$1.25B	$745.96M
Total debt	$1.36B	$1.47B	$1.51B	$1.24B	$1.24B	$1.32B	$1.22B	$1.25B	$1.25B	$1.25B	$1.25B	$745.96M
Total liabilities	$3.24B	$3.36B	$3.26B	$3.00B	$3.07B	$3.10B	$2.90B	$2.95B	$3.03B	$2.92B	$2.86B	$2.43B
Shareholders' equity	$2.64B	$2.75B	$2.75B	$2.64B	$2.66B	$2.62B	$2.55B	$2.53B	$2.41B	$2.32B	$2.24B	$2.38B

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024 Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$268.74M	$57.58M	-$3.70M	$167.52M	$162.85M	$159.80M	-$11.79M	$126.77M	$299.03M	$161.23M	-$63.42M	$190.13M
Capital expenditures	$17.91M	$16.13M	$14.92M	$31.94M	$13.12M	$9.44M	$13.47M	$18.77M	$11.75M	$9.26M	$9.44M	$9.52M
Free cash flow	$250.83M	$41.45M	-$18.62M	$135.58M	$149.73M	$150.37M	-$25.26M	$108.00M	$287.29M	$151.97M	-$72.86M	$180.61M
Investing cash flow	-$40.27M	-$21.90M	-$364.59M	-$67.27M	-$24.01M	-$102.64M	-$61.67M	-$212.10M	-$255.90M	-$43.20M	-$45.51M	-$48.73M
Financing cash flow	-$197.58M	-$53.05M	$186.49M	-$57.64M	-$127.26M	$81.67M	-$110.86M	-$15.22M	-$13.10M	-$12.44M	$259.51M	-$74.25M
Share repurchases	$60.00M	$15.00M	$34.99M	$60.00M	$25.00M	$15.00M	$25.00M	$15.00M	$0	$10.00M	$0	$3.00M
Stock-based compensation	$12.31M	$11.16M	$11.24M	$10.48M	$9.80M	$11.95M	$10.98M	$16.12M	$19.29M	$10.15M	$10.52M	$10.49M
Depreciation and amortization	$34.12M	$36.64M	$35.93M	$30.64M	$29.85M	$28.59M	$27.40M	$25.74M	$24.54M	$24.44M	$24.53M	$32.77M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024 Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	1.8%	-0.5%	-4.1%	-7.5%	-10.4%	-5.2%	1.2%	16.1%	27.6%	23.1%	30.9%	35.5%
Net income growth, YoY	-15.5%	-	-20.1%	2.6%	-10.9%	-20.2%	66.5%	20.6%	51.6%	60.0%	55.6%	59.6%
EPS growth, YoY	-13.6%	-	-18.3%	4.1%	-9.2%	-20.6%	62.2%	25.6%	54.8%	65.8%	60.9%	62.5%
Gross margin	23.1%	18.7%	24.0%	23.0%	22.2%	22.0%	22.8%	21.3%	19.9%	21.0%	21.2%	24.6%
Operating margin	6.3%	0.1%	6.4%	6.6%	6.7%	6.0%	7.0%	5.8%	6.4%	6.7%	6.6%	5.2%
Net margin	3.3%	-1.0%	3.5%	3.5%	4.0%	3.5%	4.3%	3.1%	4.0%	4.1%	2.6%	3.0%
Free cash flow margin	15.2%	2.6%	-1.2%	8.5%	9.2%	9.5%	-1.6%	6.2%	15.9%	9.1%	-4.7%	12.1%
Current ratio	1.59	1.66	1.75	1.75	1.67	1.61	1.29	1.29	1.55	1.80	1.79	1.52
Debt to equity	0.51	0.54	0.55	0.47	0.46	0.50	0.48	0.49	0.52	0.54	0.56	0.31

Source: XBRL data Parsons Corporation files with the SEC, latest filing dated Oct 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

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PSN FAQ

9 questions

What is PSN revenue?
Parsons Corporation (PSN) reported $6.32B of revenue for the twelve months ended Sep 30, 2026. That is down 2.7% from the year before. Revenue for fiscal 2025 was $6.36B.
Is PSN profitable?
Yes. Parsons Corporation earned $147.44M in net income for the twelve months ended Sep 30, 2026, a net margin of 2.3%.
How much cash and debt does PSN have?
Parsons Corporation reported $296.95M in cash and cash equivalents and $1.36B of debt on its most recent balance sheet in SEC filings.
How fast is PSN revenue growing?
Parsons Corporation's revenue changed -5.7% in fiscal 2025, to $6.36B. Its compound annual growth rate was +10.2% over 5 years.
What is PSN gross margin?
Parsons Corporation's gross profit was $1.40B on $6.32B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 22.2%.
What is PSN free cash flow?
Parsons Corporation generated $409.24M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $490.14M less capital expenditures.
What is PSN earnings per share?
Diluted earnings per share were $1.37 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did PSN last report financial results?
The latest statements here come from Parsons Corporation's 10-Q filed on Oct 28, 2026, covering the period ended Sep 30, 2026.
Where does this PSN financial data come from?
Quantisnow builds these statements from the structured XBRL data Parsons Corporation files with the SEC. It is provided for information only and is not investment advice.