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Parsons Corporation PSN Accrued Expenses And Other Current Liabilities

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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 psn:AccruedExpensesAndOtherCurrentLiabilities.

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 accrued expenses and other current liabilities?
Parsons Corporation (PSN) reported accrued expenses and other current liabilities of $831.53M in Q1 2026.
How has Parsons Corporation's accrued expenses and other current liabilities changed year-over-year?
Parsons Corporation's accrued expenses and other current liabilities increased by 6.1% year-over-year, from $783.69M to $831.53M.
What is the long-term trend for Parsons Corporation's accrued expenses and other current liabilities?
Over 5 years (2020 to 2025), Parsons Corporation's accrued expenses and other current liabilities has grown at a 6.3% compound annual growth rate (CAGR), from $650.75M to $884.45M.
What does accrued expenses and other current liabilities mean?
This metric represents the aggregate of short-term financial obligations that have been incurred but not yet invoiced or paid by the end of the reporting period. It typically includes items such as accrued payroll, taxes, and other operational expenses essential to maintaining business continuity. Monitoring this balance helps investors assess the company's near-term cash outflow requirements and the accuracy of its expense recognition practices.