Parsons Financial Statements
NYSE: PSNTechnologyEDP ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Parsons revenue and earnings
In fiscal 2025, Parsons generated $6.36 billion in revenue, down 5.7% from fiscal 2024, its first annual decline since 2021. Net income was $241.1 million (+2.6% year over year), for a net margin of 3.8% versus a median of 2.5% in the prior 5 years. Gross margin was 22.5% (up from 20.8%) and operating margin 6.6%.
Diluted earnings per share came in at $2.20, up from $2.12. Over the last 5 fiscal years, PSN's revenue has grown at a 10.2% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Parsons income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-29 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.36B | 6.75B | 5.44B | 4.20B | 3.66B | 3.92B | 3.95B | 3.56B | 3.02B |
| Revenue growth (YoY) | -5.72% | +24.03% | +29.74% | +14.60% | -6.59% | -0.91% | +11.07% | +18.01% | — |
| Cost of Revenue | 4.93B | 5.34B | 4.24B | 3.25B | 2.81B | 3.04B | 3.12B | 2.80B | 2.40B |
| Gross Profit | 1.43B | 1.41B | 1.21B | 946.72M | 852.82M | 876.86M | 831.75M | 765.50M | 616.87M |
| Operating Expenses | 1.01B | 978.36M | 917.66M | 761.06M | 720.38M | 699.04M | 739.69M | 560.50M | 466.17M |
| Selling, General & Admin | 1.02B | 955.00M | 869.90M | 777.40M | 757.24M | 729.10M | 781.41M | — | — |
| Operating Income | 418.07M | 428.07M | 288.36M | 185.67M | 132.45M | 177.81M | 92.06M | 205.01M | 150.70M |
| Interest Expense | 51.30M | 51.58M | 31.50M | 23.18M | 17.70M | 20.96M | 23.73M | 20.84M | 15.80M |
| Other Income (Expense) | 8.86M | -1.91M | 5.00M | 2.77M | -2.56M | 3.77M | -2.39M | -1.65M | 5.66M |
| Pretax Income | 382.51M | 367.65M | 264.05M | 166.22M | 112.59M | 161.41M | 67.24M | 259.80M | 133.00M |
| Income Tax | 73.65M | 76.99M | 56.14M | 39.66M | 23.64M | 42.49M | -69.89M | 20.37M | 21.46M |
| Net Income | 241.14M | 235.05M | 161.15M | 96.66M | 64.07M | 98.54M | 120.53M | 222.34M | 97.33M |
| Net Income growth (YoY) | +2.59% | +45.86% | +66.71% | +50.87% | -34.98% | -18.25% | -45.79% | +128.45% | — |
| EPS (Basic) | 2.26 | 2.21 | 1.53 | 0.93 | 0.62 | 0.98 | 1.30 | 2.78 | 1.16 |
| EPS (Diluted) | 2.20 | 2.12 | 1.42 | 0.87 | 0.59 | 0.97 | 1.30 | 2.78 | 1.16 |
| Shares Outstanding (Basic) | 106.83M | 106.27M | 104.99M | 103.76M | 102.54M | 100.85M | 92.42M | 80.01M | 83.57M |
| Shares Outstanding (Diluted) | 109.69M | 112.17M | 115.08M | 113.48M | 112.13M | 101.20M | 92.75M | 80.01M | 83.57M |
| EBITDA | 534.56M | 527.32M | 408.33M | 306.17M | 276.65M | 305.80M | 217.76M | 274.88M | 185.90M |
| Gross Margin | 22.49% | 20.83% | 22.16% | 22.57% | 23.30% | 22.37% | 21.03% | 21.50% | 20.45% |
| Operating Margin | 6.57% | 6.34% | 5.30% | 4.43% | 3.62% | 4.54% | 2.33% | 5.76% | 5.00% |
| Net Margin | 3.79% | 3.48% | 2.96% | 2.30% | 1.75% | 2.51% | 3.05% | 6.24% | 3.23% |
This table shows 9 annual periods of Parsons's income statement, from FY 2025 back to FY 2017, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow PSN's reporting calendar. What is a income statement?