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Parsons Corporation PSN Deferred Revenue

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Segments

By segment

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Critical Infrastructure$2.31B-1.3%
Federal Solution$1.52B-21.9%

Other financials

Income statement

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Revenue$1.6B-0.5%
Gross profit$295.2M-15.2%
Operating income$1.3M-98.6%
Net income-$15.2M-128%
EPS (diluted)-$0.14-128%

Balance sheet

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Cash & equivalents$266.0M-35.3%
Total debt$1.6B+10.9%
Total equity$2.6B+4.6%
Total assets$6.1B+6.7%

Cash flow

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Operating cash flow$57.6M-64.0%
CapEx$16.1M+71.0%
Free cash flow$41.5M-72.4%

Valuation

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Market cap$5.12B-36.9%
Enterprise value$6.5B-29.2%
P/E32.5×-0.2×
P/S0.8×-0.4×

Profitability

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Gross margin22%+0.5pp
Operating margin4.9%-1.4pp
Net margin2.5%-1.2pp
FCF margin4.9%-2.9pp

Returns & leverage

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Return on equity6.1%-4.3pp
Debt / equity0.6×0.0×
Current ratio1.7×0.0×

Where this comes from

Reported directly by Parsons Corporation in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

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 itemJune 30, 2026December 31, 2025
Current liabilities:
Accounts payable (including $49,525 and $58,914 Accounts payable of consolidated joint ventures)$246,895$250,514
Accrued expenses and other current liabilities (including $184,251 and $195,747 Accrued expenses and other current liabilities of consolidated joint ventures)940,534884,445
Contract liabilities (including $44,283 and $44,802 Contract liabilities of consolidated joint ventures)346,576340,113
Short-term lease liabilities, operating leases (including $2,041 and $2,395 Short-term lease liabilities, operating leases of consolidated joint ventures)40,30845,353
Income taxes payable2,10211,239
Liabilities held for sale60,725-
Total current liabilities1,637,1401,531,664

Item 1. Financial Statements.

FAQ

What is Parsons Corporation's deferred revenue?
Parsons Corporation (PSN) reported deferred revenue of $346.58M in Q2 2026.
How has Parsons Corporation's deferred revenue changed year-over-year?
Parsons Corporation's deferred revenue increased by 8.2% year-over-year, from $320.3M to $346.58M.
What is the long-term trend for Parsons Corporation's deferred revenue?
Over 5 years (2020 to 2025), Parsons Corporation's deferred revenue has grown at a 11.0% compound annual growth rate (CAGR), from $201.86M to $340.11M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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