analyzeportfolio
NYSE · Technology

PARSONS CORP (PSN)

As-reported financials and SEC filings for PARSONS CORP. The latest annual period is FY2025. The latest reported quarter is Q1 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About PARSONS CORP

Parsons Corporation provides technology solutions and services focused on security, infrastructure, and digital transformation. The company operates two main segments: Federal Solutions, which delivers advanced technology and mission-critical projects primarily to U.S. government agencies, and Critical Infrastructure, which offers program management, engineering, and design services for physical and digital infrastructure worldwide. Parsons serves a diverse customer base including federal, state, local governments, and international clients across sectors such as defense, transportation, water, and urban development.

Snapshot

Revenue
$6.36B
Revenue growth (YoY)
-5.7%
Net income
$241.1M
Diluted EPS
$2.20
Gross margin
22.5%
Operating margin
6.6%
Net margin
3.8%
FCF margin
6.4%
ROE
8.7%
net income / fiscal-year-end equity
P/E
33.5×
trailing when available, otherwise FY EPS
Market cap
$5.20B
Long-term debt / equity
0.45×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Parsons

  • Revenue fell 5.7% to $6.4B in FY2025, slower than the 24.0% the year before.
  • Operating margin is 6.6% in FY2025, +3.0 pp against 3.6% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $1.5B, down 4.1% from Q1 FY2025.
  • Free cash flow was $410M in FY2025, 6.4% of revenue.
  • Net income rose 2.6% to $241M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Parsons’s fundamentals sit among the 332 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin22.5%
10th percentile of 264
Operating margin6.6%
61st percentile of 303
Net margin3.8%
54th percentile of 307
FCF margin6.4%
33rd percentile of 285
Revenue growth (YoY)-5.7%
10th percentile of 325
ROE8.7%
62nd percentile of 285
P/E33.5×
61st percentile of 169
Long-term debt / equity0.45×
52nd percentile of 127
Short interest3.76d
55th percentile of 330

Parsons’s gross margin of 22.5% ranks in the 10th percentile of the 264 software companies reporting it. Parsons’s revenue growth of -5.7% ranks in the 10th percentile of the 325 software companies reporting it.

1 reported insider purchase (code P) totaling $959,400 in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+5 quant / multi-strat
Initiated / added
4
1 new, 3 added
Reduced / exited
4
3 trimmed, 1 exited
Combined position
$103.8M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$55.6M1.1MAdded
Point72 Asset ManagementquantQ2 2026$31.3M597.5KAdded
First Eagle Investment ManagementQ2 2026$9.4M179.3KNew
Gotham Asset ManagementQ2 2026$3.4M65.8KAdded
D. E. ShawquantQ2 2026$2.3M43.4KReduced
Millennium ManagementquantQ2 2026$1.3M24.2KReduced
Two Sigma InvestmentsquantQ2 2026$490,1089.4KReduced

No longer held by: Citadel Advisors (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
1
1 insider
Bought (90d)
$959K
code P value
Sells (90d)
0
Reported activity
Net buying
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-07
filed 2026-08-10
Ball George L.DirectorBuy20.0K$47.97$959K
2026-05-13
filed 2026-05-14
Ball George L.DirectorBuy10.0K$50.00$500K
2026-05-12
filed 2026-05-13
Holdsworth Mark KeithDirectorBuy6.8K$51.54$348K
2026-05-12
filed 2026-05-13
Holdsworth Mark KeithDirectorBuy3.2K$50.70$165K
2026-05-11
filed 2026-05-12
McMahon Harry T.DirectorBuy10.0K$49.14$491K
2026-05-08
filed 2026-05-11
Smith Carey A.President & CEOBuy12.0K$49.94$599K
2026-05-08
filed 2026-05-11
Smith Carey A.President & CEOBuy500$50.73$25K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
5.4M
settled 2026-08-14
Change vs prior
-16.0%
vs previous settlement
Days to cover
3.76
at avg daily volume
Avg daily volume
1.4M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-145.4M-16.0%3.76
2026-07-316.4M+11.9%2.76
2026-07-155.7M-9.3%5.95
2026-06-306.3M+1.7%4.71
2026-06-156.2M+4.6%6.24
2026-05-295.9M+23.9%4.21
2026-05-154.8M+3.1%3.65
2026-04-304.6M-12.6%3.19

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$6.36B$6.75B$5.44B$4.20B$3.66B
Gross profit$1.43B$1.41B$1.21B$946.7M$852.8M
Operating income$418.1M$428.1M$288.4M$185.7M$132.4M
Net income$241.1M$235.1M$161.1M$96.7M$64.1M
Diluted EPS$2.20$2.12$1.42$0.87$0.59

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$478.4M$523.6M$407.7M$237.5M$205.6M
Capital expenditure$68.0M$49.2M$40.4M$30.6M$21.1M
Free cash flow$410.4M$474.4M$367.3M$206.9M$184.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$1.49B-4.1%$52.9M$0.49
Q4 FY2025$1.60B-7.5%$55.6M$0.51
Q3 FY2025$1.62B-10.4%$64.1M$0.59
Q2 FY2025$1.58B-5.2%$55.2M$0.50
Q1 FY2025$1.55B1.2%$66.2M$0.60
Q4 FY2024$1.73B16.1%$54.2M$0.48
Q3 FY2024$1.81B27.6%$72.0M$0.65
Q2 FY2024$1.67B23.1%$69.2M$0.63

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorTechnology
SIC industryServices-Computer Integrated Systems Design
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ1 FY2026 (ended March 31, 2026)
Oldest indexed filing2019
SEC CIK275880

Selected SEC filings

10-Q2026-07-29
View on EDGAR →
10-Q2026-04-29
View on EDGAR →
8-K2026-07-29
View on EDGAR →
8-K2026-04-29
View on EDGAR →
8-K2026-04-15
View on EDGAR →
8-K2026-03-17
View on EDGAR →

Largest software peers

All software stocksAll Technology companies →

Monitor PSN

Get an alert when Parsons files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor PSN free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.