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Parsons Corporation PSN Contract Assets
Contract Assets at other companies
Other financials
Where this comes from
Reported directly by Parsons Corporation in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.
The source filing: Parsons Corporation’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 6:35 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001193125-26-322066
| Line item | June 30, 2026 | December 31, 2025 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents (including $79,806 and $153,144 Cash of consolidated joint ventures) | $266,044 | $466,388 |
| Accounts receivable, net (including $356,033 and $337,270 Accounts receivable of consolidated joint ventures) | 1,146,226 | 1,124,417 |
| Contract assets (including $48,953 and $41,318 Contract assets of consolidated joint ventures) | 1,062,280 | 915,806 |
| Prepaid expenses and other current assets (including $16,942 and $11,145 Prepaid expenses and other current assets of consolidated joint ventures) | 228,495 | 176,932 |
| Assets held for sale | 17,233 | - |
| Total current assets | 2,720,278 | 2,683,543 |
| Property and Equipment, net (including $2,334 and $2,488 Property and equipment of consolidated joint ventures) | 159,507 | 151,061 |
Item 1. Financial Statements.
FAQ
- What is Parsons Corporation's contract assets?
- Parsons Corporation (PSN) reported contract assets of $1.06B in Q2 2026.
- How has Parsons Corporation's contract assets changed year-over-year?
- Parsons Corporation's contract assets increased by 27.0% year-over-year, from $836.37M to $1.06B.
- What is the long-term trend for Parsons Corporation's contract assets?
- Over 5 years (2020 to 2025), Parsons Corporation's contract assets has grown at a 9.7% compound annual growth rate (CAGR), from $576.57M to $915.81M.
- What does contract assets mean?
- Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.
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