Every 10-Q that Parsons Corporation (PSN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow PSN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PSN filings page.
Parsons Corporation reported revenue of $1,575,867 (thousand) for the three months ended June 30, 2026, roughly flat with the prior year, but operating income fell sharply to $1,295 (thousand), leading to a net loss attributable to Parsons of $15,219 (thousand) versus prior-year profit. For the first six months of 2026, revenue was $3,067,043 (thousand) and net income attributable to Parsons was $37,707 (thousand).
Results were heavily affected by revisions on two loss-position contracts, which reduced revenue by $16,810 (thousand) and net income by $64,509 (thousand); these contracts are now classified as held for sale. Parsons completed the $350,132 (thousand) Altamira Technologies acquisition, largely funded with a $330,000 (thousand) credit draw, increasing goodwill and intangibles. Total long-term debt rose to $1,474,048 (thousand), while cash ended at $266,044 (thousand) after $53,884 (thousand) of operating cash flow and substantial acquisition and joint-venture investments. Remaining unsatisfied performance obligations were $6.9 billion, providing multi-year revenue visibility.
Parsons Corporation reported softer results for the quarter ended March 31, 2026 while accelerating acquisitions and debt use. Revenue was $1.49 billion, down from $1.55 billion a year earlier, as Federal Solutions declined and Critical Infrastructure grew modestly. Net income attributable to Parsons fell to $52.9 million from $66.2 million, and diluted EPS declined to $0.49 from $0.60.
Operating cash flow was a small outflow of $3.7 million, improving from an $11.8 million outflow a year earlier. Parsons closed the $340.4 million cash acquisition of Altamira Technologies, with up to $45 million of additional earnout, and reported contributions from prior deals CTI and ASC. Goodwill rose to $2.42 billion and intangible assets to $407.9 million.
Total debt increased to $1.51 billion, including $800 million of 2029 convertible notes, a $450 million term loan and $274 million drawn on the revolving credit facility. The company repurchased $35.0 million of stock in the quarter and ended with $283.9 million in cash and $7.1 billion of remaining unsatisfied performance obligations, providing multi-year revenue visibility.
Parsons Corporation reported lower quarterly results as revenue reached $1,621,748,000 and diluted EPS was $0.59 for the three months ended September 30, 2025, compared with $1,810,116,000 and $0.65 a year ago. Net income attributable to Parsons was $64,123,000 versus $71,951,000.
For the nine months, revenue was $4,760,431,000 and diluted EPS was $1.69, compared with $5,016,259,000 and $1.64. Operating cash flow was $310,864,000. Cash and cash equivalents were $422,554,000, and long‑term debt totaled $1,236,700,000 after replacing prior facilities with a $450,000,000 term loan due 2028 and establishing a $750,000,000 revolver due 2030.
Parsons continued M&A integration: it acquired Chesapeake Technology International on June 30, 2025 for $91,534,000 (goodwill $57,998,000; Q3 revenue contribution $19,200,000) and TRS Group on January 31, 2025 for $36,566,000 (goodwill $22,972,000; year‑to‑date revenue $19,000,000). Prior deals include BCC Engineering (November 1, 2024) and BlackSignal Technologies (August 16, 2024). Remaining unsatisfied performance obligations were $7.0 billion, supporting future revenue visibility.