What is Parsons Corporation's net debt?

Parsons Corporation (PSN) reported net debt of $1.4B in Q1 2026.

How has Parsons Corporation's net debt changed year-over-year?

Parsons Corporation's net debt increased by 24.9% year-over-year, from $1.12B to $1.4B.

What is the long-term trend for Parsons Corporation's net debt?

Over 5 years (2020 to 2025), Parsons Corporation's net debt has grown at a 21.6% compound annual growth rate (CAGR), from $346.18M to $920.18M.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Parsons Corporation PSN Net debt

Discontinued — last reported Q1 '26

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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%

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

Calculated from Parsons Corporation’s reported figures.

$1.7Btotal debt−$283.9Mcash and equivalents=$1.4B

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 net debt?: Parsons Corporation (PSN) reported net debt of $1.4B in Q1 2026.
How has Parsons Corporation's net debt changed year-over-year?: Parsons Corporation's net debt increased by 24.9% year-over-year, from $1.12B to $1.4B.
What is the long-term trend for Parsons Corporation's net debt?: Over 5 years (2020 to 2025), Parsons Corporation's net debt has grown at a 21.6% compound annual growth rate (CAGR), from $346.18M to $920.18M.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.