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Parsons Corporation PSN Q1 2026 earnings

Reported April 29, 2026 · Before market open

Revenue$1.5BMiss by $9.2M
EPS$0.79Beat by $0.09
Revenue estimate$1.5B
EPS estimate$0.70

Next report

Date not yet announced

Financials

Q1 2026

Income statement

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Revenue$1.5B-4.1%
Gross profit$357.4M+1.0%
Operating income$95.7M-12.4%
Net income$52.9M-20.1%
EPS (diluted)$0.49-18.3%

Balance sheet

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Cash & equivalents$283.9M+5.3%
Total debt$1.7B+21.1%
Total equity$2.6B+8.0%
Total assets$6.0B+10.3%

Cash flow

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Operating cash flow-$3.7M+68.6%
CapEx$14.9M+10.7%
Free cash flow-$18.6M+26.3%

Valuation & ratios

Valuation

as of 07/28/26
See full
Market cap$6.36B-20.9%
Enterprise value$7.74B-15.1%
P/E40.4×+7.9×
P/S1×-0.2×

Profitability

See full
Gross margin22.8%+1.6pp
Operating margin6.4%0.0pp
Net margin3.6%-0.2pp
FCF margin6.6%-1.1pp

Returns & leverage

See full
Return on equity8.9%-2.4pp
Debt / equity0.6×+0.1×
Current ratio1.8×+0.5×

Segments

By geography

See full
North America$1.2B-5.6%
Middle East$272.2M+2.7%
Non Us$6.4M+25.9%

By segment

See full
Federal Solution$758.3M-10.0%
Critical Infrastructure$732.8M+3.0%

Versus estimates

Revenue

Q1 2026$1.5BMiss by $9.2M
Q4 2025$1.6BMiss by $62.8MQ3 2025$1.6BMiss by $59.2MQ2 2025$1.6BMiss by $87.8MQ1 2025$1.6BMiss by $206.1MQ4 2024$1.7BBeat by $36.2M

Diluted EPS

Q1 2026$0.79Beat by $0.09
Q4 2025$0.75Miss by $0.05Q3 2025$0.86Beat by $0.14Q2 2025$0.78Beat by $0.04Q1 2025$0.78Beat by $0.04Q4 2024$0.78Miss by $0.14

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Questions, answered.

When did Parsons Corporation report Q1 2026 earnings?
Parsons Corporation (PSN) reported Q1 2026 earnings on April 29, 2026 before market open.
What were Parsons Corporation's Q1 2026 revenue and EPS?
Parsons Corporation reported revenue of $1.5B and eps of $0.79 for Q1 2026.
Did Parsons Corporation beat estimates in Q1 2026?
Revenue missed the consensus estimate of $1.5B by $9.2M. EPS beat the consensus estimate of $0.70 by $0.09.
How did Parsons Corporation's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 4.1% from $1.6B a year earlier and eps grew 1.3% from $0.78.
Where can I find Parsons Corporation's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-188898) and the 10-Q periodic report (0001193125-26-188862) directly on SEC EDGAR. The filing index links above go to sec.gov.