What is Parsons Corporation's change in deferred revenue?

Parsons Corporation (PSN) reported change in deferred revenue of $19.25M in Q1 2026.

How has Parsons Corporation's change in deferred revenue changed year-over-year?

Parsons Corporation's change in deferred revenue increased by 510.4% year-over-year, from $3.15M to $19.25M.

What does change in deferred revenue mean?

Change in payments received from customers for goods/services not yet delivered — a key SaaS and subscription metric.

Parsons Corporation PSN Change in Deferred Revenue

Change in Deferred Revenue at other companies

Tetra TechTTEK

-$22.75M-332%

AECOMACM

$32.09M+167%

Primoris ServicesPRIM

-$61.7M+0.8%

Kratos Defense & Security SolutionsKTOS

$100K+114%

L3Harris TechnologiesLHX

$461M+2,981%

EMCOR GroupEME

$38.9M-63.5%

Other financials

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

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Market cap$5.59B-8.3%

Enterprise value$6.99B-3.3%

P/E24.5×+1.2×

P/S0.9×0.0×

Profitability

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Gross margin22.8%+1.6pp

Operating margin6.4%0.0pp

Net margin3.6%-0.2pp

FCF margin6.6%-1.1pp

Returns & leverage

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Return on equity8.9%-2.4pp

Debt / equity0.6×+0.1×

Current ratio1.8×+0.5×

Where this comes from

Reported directly by Parsons Corporation in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInContractWithCustomerLiability.

The official record: Parsons Corporation’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Parsons Corporation's change in deferred revenue?: Parsons Corporation (PSN) reported change in deferred revenue of $19.25M in Q1 2026.
How has Parsons Corporation's change in deferred revenue changed year-over-year?: Parsons Corporation's change in deferred revenue increased by 510.4% year-over-year, from $3.15M to $19.25M.
What does change in deferred revenue mean?: Change in payments received from customers for goods/services not yet delivered — a key SaaS and subscription metric.