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Parsons Corporation PSN Prepaid & Other Current

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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$5.1B-37.1%
Enterprise value$6.48B-29.4%
P/E32.4×-0.3×
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:PrepaidExpenseAndOtherAssetsCurrent.

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
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)1,146,2261,124,417
Contract assets (including $48,953 and $41,318 Contract assets of consolidated joint ventures)1,062,280915,806
Prepaid expenses and other current assets (including $16,942 and $11,145 Prepaid expenses and other current assets of consolidated joint ventures)228,495176,932
Assets held for sale17,233-
Total current assets2,720,2782,683,543
Property and Equipment, net (including $2,334 and $2,488 Property and equipment of consolidated joint ventures)159,507151,061
Right of use assets, operating leases (including $3,744 and $4,482 Right of use assets, operating leases of consolidated joint ventures)147,854126,770

Item 1. Financial Statements.

FAQ

What is Parsons Corporation's prepaid & other current?
Parsons Corporation (PSN) reported prepaid & other current of $228.5M in Q2 2026.
How has Parsons Corporation's prepaid & other current changed year-over-year?
Parsons Corporation's prepaid & other current increased by 28.1% year-over-year, from $178.36M to $228.5M.
What is the long-term trend for Parsons Corporation's prepaid & other current?
Over 5 years (2020 to 2025), Parsons Corporation's prepaid & other current has grown at a 17.0% compound annual growth rate (CAGR), from $80.77M to $176.93M.
What does prepaid & other current mean?
Advance payments for expenses (rent, insurance, subscriptions) plus miscellaneous current assets not classified elsewhere.

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