Parsons Corporation filings document formal updates for an operating company serving defense, intelligence, and critical infrastructure markets. Recent 8-K reports cover quarterly and annual results, financial guidance, backlog and book-to-bill metrics, completed acquisition activity, and Regulation FD communications.
Governance filings include definitive proxy materials, annual meeting voting results, board elections, auditor ratification, advisory executive-compensation votes, equity award disclosures, and officer transition reports. These records also describe compensatory arrangements and stock-based incentives tied to the company's public-company governance structure.
Parsons Corporation reports fiscal 2025 revenue of $6.4 billion, net income attributable to Parsons of $241.1 million, and Adjusted EBITDA of $609.3 million, reflecting its scale across defense, security, and infrastructure markets. Revenue is split between Federal Solutions (51%) and Critical Infrastructure (49%), with Adjusted EBITDA contributions of 46% and 54%, respectively.
Federal Solutions revenue declined 20% year over year, while Critical Infrastructure grew 15%, highlighting a mix shift toward infrastructure. Total backlog was $8.7 billion as of December 31, 2025, down 2% from 2024, including $6.4 billion funded, of which $4.1 billion is expected to convert to revenue over the next 12 months.
The company emphasizes technology-driven growth in cyber, space, missile defense, intelligent transportation, and water and environmental services, supported by a string of acquisitions. In 2025 it acquired CTI for $91.5 million, Applied Sciences for $28.1 million, and TRS Group for $36.6 million, following larger 2024 deals for BCC Engineering and BlackSignal Technologies.
Parsons underscores a people-first culture with over 21,000 employees, robust mentoring and leadership programs, and broad employee ownership. Its ESOP held 50,864,117 shares, or about 39% of outstanding stock, at year-end 2025. The company also returned capital via share repurchases totaling $204.7 million for 3,535,849 shares at an average price of $57.89.
Parsons Corporation reported mixed fourth-quarter and full-year 2025 results, with record profitability but lower reported revenue. Q4 2025 revenue was $1.60 billion, down 8% year-over-year, while net income rose 3% to $56 million and adjusted EBITDA reached a record $153 million with a 9.6% margin.
For 2025, revenue decreased 6% to $6.36 billion, but net income increased 3% to a record $241 million. Adjusted EBITDA was a record $609 million and margin improved to 9.6%. Critical Infrastructure grew strongly, while Federal Solutions declined due to lower volume on a fixed-price confidential contract. Backlog ended at $8.7 billion, and 2026 guidance calls for revenue of $6.5–$6.8 billion, adjusted EBITDA of $615–$675 million, and operating cash flow of $470–$530 million.
Parsons Corporation disclosed that on January 15, 2026 it signed and closed a Stock Purchase Agreement for the acquisition of Altamira Technologies Corporation by its subsidiary, Parsons Government Service, Inc. This means the deal agreement and closing occurred together, so Altamira is now part of Parsons' government services platform as described in the accompanying press release.
The company furnished a press release as an exhibit to provide additional detail about the transaction. No purchase price, financing details, or financial impact were included in this disclosure, and the exhibit is not automatically incorporated into other Securities Act or Exchange Act filings.
Parsons Corporation reported an insider equity grant to a director. On 01/01/2026, the director received 442 shares of Parsons common stock through an award of fully vested restricted stock units at a price of $0.00 per share. After this transaction, the director beneficially owned 36,615 shares of Parsons common stock in direct form.
The filing explains that the 442-share grant represents fully vested restricted stock units, with vested shares to be delivered under the terms of the applicable grant notice, and subject to any deferral election made by the insider. The transaction was reported on a Form 4 filed for a single reporting person in the capacity of a director of Parsons Corporation.
Parsons Corporation reported a director equity grant through a Form 4 filing. On 01/01/2026, a director of Parsons Corporation (PSN) acquired 562 shares of common stock at a price of $0.00 per share, increasing the director’s directly held stake to 29,736 shares.
The filing explains this represents an award of fully vested restricted stock units. The vested shares will be delivered under the terms and conditions of the applicable grant notice and any deferral election made by the insider, meaning the economic value is tied to the company’s equity compensation arrangements rather than an open-market purchase.
Parsons Corporation reported an insider share transaction by its Chief Human Resources Officer. On 12/18/2025, the officer disposed of 4,976 shares of Parsons common stock at a price of $60.55 per share under transaction code "F," which typically relates to share withholding or similar events. Following this transaction, the officer directly beneficially owned 31,864 shares of common stock and indirectly beneficially owned 1,247.7401 shares through an ESOP. The filing was made by one reporting person.
A director of Parsons Corporation reported receiving an equity award in the form of company stock. On 12/01/2025, the director acquired 726 shares of Parsons common stock at a price of $0.00 per share, reflecting a stock-based compensation grant rather than an open-market purchase. Following this transaction, the director beneficially owns 726 shares, held directly. The filing explains that this represents an award of fully vested restricted stock units, with shares to be delivered under the terms of the applicable grant notice.
Parsons Corporation’s President & CEO, who is also a director, reported a stock transaction dated 12/17/2025. The filing shows a disposition of 7,541 shares of common stock at $60.2 per share, coded as transaction type "F" in the form. Following this transaction, the executive directly beneficially owns 393,003 shares of Parsons common stock and indirectly beneficially owns 5,023.1737 shares through an ESOP arrangement. The report is filed as a Form 4 for a single reporting person.
Parsons Corporation filed an initial insider ownership report for a director, indicating that the director currently has no beneficial ownership of company securities. The filing is made on Form 3, which is required when someone becomes a director, officer, or large shareholder of a public company. The document also includes a power of attorney authorizing an attorney-in-fact to sign the form on the reporting person’s behalf.
Parsons Corporation reported a planned change in its top legal leadership. The company has appointed John T. Martinez as chief legal officer, effective February 16, 2026, succeeding Michael R. Kolloway, who has served as chief legal officer since 2017 and will remain with the company for a reasonable transition period.
Martinez brings more than 25 years of legal experience and a record of executive and C-suite leadership. His prior roles include chief legal officer and corporate secretary for Maximus, Inc., vice president and general counsel for GE Aerospace, and general counsel positions at several Raytheon Technologies businesses. He also held senior roles in the U.S. intelligence community and began his career as a prosecutor and litigator. Parsons also furnished a press release dated December 18, 2025 announcing his appointment.