PSN
Parsons Corporation61.69
+0.08+0.13%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
6.59BP/E (TTM)
28.43Basic EPS (TTM)
2.17Dividend Yield
0%Recent Filings
8-K
8-K
10-Q
10-Q
Q2 FY2025 results
Parsons Corporation posted Q2 revenue of $1.58B, down 5.2% y/y but up 1.1% q/q (derived), with operating income slipping to $95.7M from $111.4M y/y amid a Federal Solutions pullback, yet Critical Infrastructure surged 14.2% y/y on organic growth and acquisitions. Diluted EPS fell to $0.50 from $0.63 y/y, confirmed against 110.1M shares with no anti-dilution flags. Acquisitions like CTI for $89.2M cash (closed June 2025, $55.3M goodwill) and TRS for $36.6M (closed Jan 2025, $23.0M goodwill) bolstered capabilities, while cash dipped to $411M from $454M y/y and debt rose to $1.32B after refinancing a $450M term loan due 2028 at 5.5%. Operating cash flow hit $148M YTD, yielding $125M free cash flow (derived). Confidential contract termination poses revenue risks.
8-K
Parsons Q2 revenue dips, core grows
Parsons Corporation reported Q2 2025 revenue of $1.6 billion, down 5% year-over-year due to a confidential contract drop, yet core business grew 13% excluding it. Adjusted EBITDA dipped 1% to $149 million, but margins expanded 40 basis points to 9.4% on better program execution and the $89 million CTI acquisition. Backlog hit $8.9 billion with 70% funded. Guidance rose for revenue to $6.48-$6.68 billion and adjusted EBITDA to $595-$635 million. Acquisitions fuel growth, but contract volatility lingers.
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