Jun 2026 (Q2 FY26) — Jul 29, 2026
Parsons Q2 FY26 — Strong Core Performance Despite Portfolio Reshaping & Timing Delays
Read the full callParsons (PSN) earnings
- Mar 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Parsons earnings: last reported Wed, 29 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,491 | −4.1% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | 6.4 | −0.6 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | 52.9 | −20.1% YoY | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. |
Price
$44.1 +3.06% · +$1.31
Performance −48.7% 1Y
1Y: $86.01 on 14 Oct 2025 → $44.1. High $86.61 (11 Nov 2025), low $40.32 (29 Jul 2026).
- Previous close
- $42.79
- 52-week range
- $40.32 – $86.61
- One year
- −47.57%
Overview
- Symbol
- PSN
- Sector
- Information Technology
- Exchange
- US
- Currency
- USD
Call summaries
Mar 2026 (Q1 FY26) — Apr 29, 2026
Parsons Q1 FY26 — Record Backlog and Adjusted EBITDA Margin with Strong Book-to-Bill
Read the full callEvery analysed call
Parsons earnings calls (PSN)
Financials
What the filings say
Net profit, year on year: −20% (quarter to mar 2026 against mar 2025).
| Line item | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,670 | 1,810 | 1,734 | 1,554 | 1,584 | 1,622 | 1,604 | 1,491 |
| Operating profit | 111 | 115 | 100 | 109 | 96 | 108 | 105 | 96 |
| Operating margin | 6.7% | 6.3% | 5.8% | 7.0% | 6.0% | 6.7% | 6.6% | 6.4% |
| Interest | 13 | 13 | 13 | 12 | 13 | 14 | 13 | 16 |
| Profit before tax | 103 | 108 | 281 | 101 | 89 | 98 | 95 | 81 |
| Tax rate | 21.7% | 20.8% | 6.7% | 18.8% | 21.0% | 16.4% | 21.1% | 19.8% |
| Net profit | 69 | 72 | 54 | 66 | 55 | 64 | 56 | 53 |
| EPS ($ per share) | 0.65 | 0.68 | 0.51 | 0.62 | 0.52 | 0.60 | — | 0.49 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | — | 146 | 147 | 146 | 146 | 146 | 147 | 146 |
| Reserves | 12 | -218 | -121 | -54 | 43 | 204 | 427 | 661 |
| Total liabilities | 1,657 | 1,790 | 2,076 | 1,894 | 2,102 | 2,427 | 2,953 | 3,002 |
| Fixed assets | 92 | 123 | 121 | 104 | 96 | 99 | 112 | 151 |
| Total assets | 2,613 | 3,450 | 3,938 | 3,831 | 4,198 | 4,804 | 5,488 | 5,770 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 285 | 220 | 289 | 206 | 238 | 408 | 524 | 478 |
| Cash from investing | -503 | -571 | -346 | -241 | -417 | -376 | -557 | -256 |
| Cash from financing | 55 | 266 | 348 | -107 | 100 | -22 | 219 | -214 |
| Net cash flow | -165 | -86 | 292 | -143 | -81 | 10 | 181 | 13 |
| Capital expenditure | -29 | -68 | -34 | -21 | -31 | -40 | -49 | -68 |
| Free cash flow | 255 | 153 | 255 | 184 | 207 | 367 | 474 | 410 |
PSN revenue by segment
Critical Infrastructure grew from 39% to 52% of revenue over the last two years.
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Critical Infrastructure | 39% | 42% | 46% | 49% | 51% | 51% | 49% | 52% | +4.6% |
| Federal Solution | 61% | 58% | 54% | 51% | 49% | 49% | 51% | 48% | -5.5% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
PSN operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Employees Middle East | 7,500Most importantly, I'm pleased to share that our 7,500 team members in the Middle East region have remained safe during the current regional conflict.Source: earnings call transcript | 7,500So our first concern in the Middle East is safety and security of our 7,500 employees in the region, and they are all very safe.Source: earnings call transcript | 0% |
| Book-to-bill ratio Critical Infrastructure | 1.4 ratioOur Critical Infrastructure segment reported a book-to-bill of 1.4 for the quarter, marking 22 consecutive quarters above 1.0.Source: earnings call transcript | 1.1 ratioCritical infrastructure achieved 1.1x representing the 23rd consecutive quarter at or above 1.0x, demonstrating sustained demand.Source: earnings call transcript | -21.4% |
| Book-to-bill ratio Middle East | 1.5 ratioPerformance in the Middle East was outstanding with a book-to-bill ratio of 1.5.Source: earnings call transcript | 1.1 ratioIn the Middle East remains strong with a 1.1x book-to-bill.Source: earnings call transcript | -26.7% |
| Book-to-bill ratio Federal Solutions | 1.4 ratioIn Federal Solutions, contract awards increased 38% year-over-year, resulting in a book-to-bill ratio of 1.4x.Source: earnings call transcript | 1.3 ratioFederal Solutions' bookings increased by a robust 51% year-over-year, delivering a 1.3x book-to-bill ratio.Source: earnings call transcript | -7.1% |
| Orders | $2BIn the first quarter, we secured $2 billion in contract awards, a 17% increase year-over-year, driving a strong enterprise book-to-bill ratio of 1.4x.Source: earnings call transcript | $1.9BIn the second quarter, we secured $1.9 billion in contract awards, a 24% increase year-over-year, driving a strong enterprise book-to-bill ratio of 1.2x.Source: earnings call transcript | -5% |
| Funded backlog | $6.6BFunded backlog of $6.6 billion remains the highest since our IPO and increased 7% year-over-year.Source: earnings call transcript | $6.6BFunded backlog of $6.6 billion increased 6% year-over-year.Source: earnings call transcript | 0% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Revenue by region
Q2 FY2026 · share of revenue
- North America 81% ↓ 4 pt
- US 76% ↓ 1 pt
- North Region 33% ↑ 9 pt
- EMEA 19% ↑ 4 pt
- Middle East 19% ↑ 4 pt
- Non Us <1%
As PSN cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
47 filings between Dec 1, 2025 and Oct 1, 2026.
Open market
decisions to buy or sellPurchases
$3.09M
7 purchases by 4 insiders
Sales
None
No insider sold shares.
Compensation
not trading decisions- 29
- Award — granted as compensation
- 11
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Ball George L. | $1.46M | — | Aug 7, 2026 |
| Smith Carey A. | $624.6K | — | May 8, 2026 |
| Holdsworth Mark Keith | $512.7K | — | May 12, 2026 |
| McMahon Harry T. | $491.4K | — | May 11, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 1, 2026 | WAJSGRAS DAVID C Director | Award | 688 | $0 |
| Oct 1, 2026 | LEER STEVEN F Director | Award | 954 | $0 |
| Aug 7, 2026 | Ball George L. Director | Purchase | 20,000 | $959.4K |
| Jul 1, 2026 | WAJSGRAS DAVID C Director | Award | 604 | $0 |
| Jul 1, 2026 | LEER STEVEN F Director | Award | 837 | $0 |
| May 13, 2026 | Ball George L. Director | Purchase | 10,000 | $500.0K |
| May 12, 2026 | Holdsworth Mark Keith Director | Purchase | 6,754 | $348.1K |
| May 12, 2026 | Holdsworth Mark Keith Director | Purchase | 3,246 | $164.6K |
| May 11, 2026 | McMahon Harry T. Director | Purchase | 10,000 | $491.4K |
| May 8, 2026 | Smith Carey A. President & CEO | Purchase | 500 | $25.4K |
| May 8, 2026 | Smith Carey A. President & CEO | Purchase | 12,000 | $599.3K |
| Apr 14, 2026 | Holdsworth Mark Keith Director | Award | 2,947 | $0 |
| Apr 14, 2026 | Long Letitia A Director | Award | 2,947 | $0 |
| Apr 14, 2026 | Lord Ellen M. Director | Award | 2,947 | $0 |
| Apr 14, 2026 | McDew Darren W Director | Award | 2,947 | $0 |
| Apr 14, 2026 | McMahon Harry T. Director | Award | 2,947 | $0 |
| Apr 14, 2026 | MITCHELL M CHRISTIAN Director | Award | 2,947 | $0 |
| Apr 14, 2026 | Smith Robert Hanson Director | Award | 2,947 | $0 |
| Apr 14, 2026 | Vautrinot Suzanne M Director | Award | 2,947 | $0 |
| Apr 14, 2026 | WAJSGRAS DAVID C Director | Award | 2,947 | $0 |
| Apr 14, 2026 | Ball George L. Director | Award | 2,947 | $0 |
| Apr 14, 2026 | LEER STEVEN F Director | Award | 2,947 | $0 |
| Apr 1, 2026 | WAJSGRAS DAVID C Director | Award | 518 | $0 |
| Apr 1, 2026 | Lagasse Soo Chief Human Resources Officer | Award | 3,692 | $0 |
| Apr 1, 2026 | LEER STEVEN F Director | Award | 718 | $0 |
| Mar 9, 2026 | Smith Carey A. President & CEO | Tax withheld | 10,474 | $655.1K |
| Mar 9, 2026 | Ofilos Matthew Chief Financial Officer | Tax withheld | 2,135 | $133.5K |
| Mar 9, 2026 | Balaguer Susan M. Chief Human Resources Officer | Tax withheld | 798 | $49.9K |
| Mar 1, 2026 | Martinez John Thomas Chief Legal Officer | Award | 45,433 | $0 |
| Feb 26, 2026 | Balaguer Susan M. Chief Human Resources Officer | Tax withheld | 614 | $40.7K |
| Feb 26, 2026 | Ofilos Matthew Chief Financial Officer | Tax withheld | 1,487 | $98.6K |
| Feb 26, 2026 | Smith Carey A. President & CEO | Tax withheld | 7,132 | $472.9K |
| Feb 20, 2026 | Ofilos Matthew Chief Financial Officer | Tax withheld | 14,171 | $928.6K |
| Feb 20, 2026 | Martinez John Thomas Chief Legal Officer | Award | 9,575 | $0 |
| Feb 20, 2026 | Smith Carey A. President & CEO | Award | 59,844 | $0 |
| Feb 20, 2026 | Smith Carey A. President & CEO | Award | 44,883 | $0 |
| Feb 20, 2026 | Smith Carey A. President & CEO | Award | 150,231 | $0 |
| Feb 20, 2026 | Smith Carey A. President & CEO | Tax withheld | 67,755 | $4.44M |
| Feb 20, 2026 | Balaguer Susan M. Chief Human Resources Officer | Award | 12,636 | $0 |
| Feb 20, 2026 | Balaguer Susan M. Chief Human Resources Officer | Tax withheld | 5,881 | $385.4K |
| Feb 20, 2026 | Ofilos Matthew Chief Financial Officer | Award | 10,472 | $0 |
| Feb 20, 2026 | Ofilos Matthew Chief Financial Officer | Award | 31,309 | $0 |
| Jan 1, 2026 | LEER STEVEN F Director | Award | 562 | $0 |
| Jan 1, 2026 | WAJSGRAS DAVID C Director | Award | 442 | $0 |
| Dec 18, 2025 | Balaguer Susan M. Chief Human Resources Officer | Tax withheld | 4,976 | $301.3K |
| Dec 17, 2025 | Smith Carey A. President & CEO | Tax withheld | 7,541 | $454.0K |
| Dec 1, 2025 | Smith Robert Hanson Director | Award | 726 | $0 |
| Oct 1, 2025 | WAJSGRAS DAVID C Director | Award | 417 | $0 |
| Oct 1, 2025 | LEER STEVEN F Director | Award | 529 | $0 |
| Jul 31, 2025 | Ofilos Matthew Chief Financial Officer | Tax withheld | 7,006 | $519.8K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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