Parsons Corp (PSN) Financial Statements
Industry: Computer Integrated Systems Design (Services)
In fiscal 2025, Parsons reported revenue of $6.36B, down 5.7% from $6.75B the year before. Net income was $241.1M (a 3.8% net margin), or $2.20 per diluted share. Gross margin was 22.5% and operating margin was 6.6%. Operating activities generated $478.4M of cash, leaving $410.4M of free cash flow. At fiscal year end, Parsons held $5.77B in total assets against $3.00B in total liabilities, including $466.4M of cash and equivalents.
Open the full interactive Parsons financials → Quarterly statements, key ratios, valuation history and price charts.
Parsons Key Stats
| Share Price | $43.78 |
|---|---|
| Market Cap | $4.71B |
| P/E Ratio | 19.9 |
| Revenue YoY Growth | -5.7% |
| 52-Week Range | $40.32 – $86.61 |
| Shares Outstanding | 107.0 million (basic, 2026 Q2) |
Parsons Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $3.92B | $3.66B | $4.20B | $5.44B | $6.75B | $6.36B |
| Cost of Goods Sold | $3.04B | $2.81B | $3.25B | $4.24B | $5.34B | $4.93B |
| Gross Profit | $876.9M | $852.8M | $946.7M | $1.21B | $1.41B | $1.43B |
| Operating Income | $177.8M | $132.4M | $185.7M | $288.4M | $428.1M | $418.1M |
| Pre-Tax Income | $161.4M | $112.6M | $166.2M | $264.1M | $367.7M | $382.5M |
| Income Tax | $42.5M | $23.6M | $39.7M | $56.1M | $77.0M | $73.6M |
| Net Income | $98.5M | $64.1M | $96.7M | $161.1M | $235.1M | $241.1M |
| Diluted EPS | $0.97 | $0.59 | $0.87 | $1.42 | $2.12 | $2.20 |
Parsons Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.62B | $1.60B | $1.49B | $1.58B |
| Net Income | $64.1M | $55.6M | $52.9M | -$15.2M |
| Diluted EPS | $0.59 | $0.51 | $0.49 | -$0.14 |
Parsons Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $483.6M | $342.6M | $262.5M | $272.9M | $453.5M | $466.4M |
| Current Assets | $1.84B | $1.63B | $1.72B | $2.14B | $2.46B | $2.68B |
| Total Assets | $3.94B | $3.83B | $4.20B | $4.80B | $5.49B | $5.77B |
| Current Liabilities | $1.19B | $1.03B | $1.11B | $1.41B | $1.92B | $1.53B |
| Total Long-Term Debt | $590.0M | $591.9M | $743.6M | $746.0M | $1.25B | $1.24B |
| Total Liabilities | $2.08B | $1.89B | $2.10B | $2.43B | $2.95B | $3.00B |
| Shareholders' Equity | $1.81B | $1.90B | $2.04B | $2.29B | $2.42B | $2.64B |
Parsons Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $289.2M | $205.6M | $237.5M | $407.7M | $523.6M | $478.4M |
| Cash From Investing | -$346.4M | -$240.9M | -$417.5M | -$376.0M | -$556.7M | -$255.6M |
| Cash From Financing | $348.2M | -$106.5M | $100.4M | -$21.9M | $218.7M | -$214.1M |
| Free Cash Flow | $255.1M | $184.5M | $206.9M | $367.3M | $474.4M | $410.4M |
| Dividends Paid | $0 | $0 | — | — | — | — |
Figures from Parsons' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Parsons financials page for every line item.
Parsons Company Profile
| Ticker | PSN |
|---|---|
| Exchange | NYSE |
| Industry | Computer Integrated Systems Design (Services) |
| Headquarters | Centreville, Virginia |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000275880 |
Frequently Asked Questions
What was Parsons' revenue in fiscal 2025?
Parsons (PSN) reported revenue of $6.36B for fiscal 2025.
What is Parsons' annual revenue history?
Parsons' annual revenue by fiscal year: 2020: $3.92B; 2021: $3.66B; 2022: $4.20B; 2023: $5.44B; 2024: $6.75B; 2025: $6.36B.
What was Parsons' net income in fiscal 2025?
Parsons reported net income of $241.1M for fiscal 2025.
What was Parsons' earnings per share (EPS) in fiscal 2025?
Parsons' diluted EPS was $2.20 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Parsons generate in fiscal 2025?
Parsons generated $410.4M of free cash flow in fiscal 2025.
What was Parsons' revenue last quarter?
In its most recent reported quarter (2026 Q2), Parsons reported revenue of $1.58B.
How much debt does Parsons have?
Parsons reported $1.24B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Parsons are outstanding?
Parsons reported a weighted average of 107.0 million basic shares outstanding in 2026 Q2.
What is Parsons' market cap?
Based on its latest closing price, Parsons (PSN) has a market capitalization of about $4.71B.
When does Parsons' fiscal year end?
Parsons' fiscal year end, as registered with the SEC, is December 31.
Where is Parsons headquartered?
Parsons lists its business address in Centreville, Virginia in its SEC filings.
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