Here are the DEF 14A proxy statements from Parsons Corporation (PSN) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, 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 is asking stockholders to elect four directors, ratify PricewaterhouseCoopers as auditor for 2026, and approve an advisory vote on executive pay at its virtual annual meeting on April 14, 2026.
Management highlights 2025 revenue of $6.4 billion, down 6%, but up 12% when excluding a single confidential federal contract affected by a foreign-aid executive order. Adjusted EBITDA reached a record $609 million with a 9.6% margin, and net income was a record $241 million, up 3%. Operating cash flow was $478 million.
Parsons reports a book-to-bill ratio of 1.0 and backlog of $8.7 billion, plus $11 billion in additional single-award wins not yet booked. The company completed three acquisitions in 2025 and a fourth in early 2026 to expand capabilities in PFAS remediation, electronic warfare, Florida water infrastructure, and defense and intelligence analytics. Eleven of twelve directors are independent, and the board emphasizes strong governance, stock ownership and clawback policies, and a pay program heavily weighted to performance-based incentives.