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Parsons Corporation PSN Critical Infrastructure — Significant Segment Expense

Other segment segments

Federal Solution
$48.91M+13.2%

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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$5.12B-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 psn:SignificantSegmentExpense.

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 itemThree Months Ended / Federal SolutionsThree Months Ended / Critical InfrastructureThree Months Ended / Total
Revenue$760,868$814,999$1,575,867
Direct cost of contracts(667,668)(612,961)(1,280,629)
Selling, general and administrative expenses (a)(48,908)(48,806)(97,714)
Equity in earnings (losses) of unconsolidated joint ventures1,451(35,199)(33,748)
Other segment items (b)(59,529)(77,026)(136,555)
Adjusted EBITDA attributable to Parsons Corporation$(13,786)$41,00727,221
Reconciliation: Segment Adjusted EBITDA to Net Income Attributable to Parsons Corporation
Adjusted EBITDA attributable to non-controlling interests14,999

Item 1. Financial Statements.

FAQ

What is Parsons Corporation's critical infrastructure — significant segment expense?
Parsons Corporation (PSN) reported critical infrastructure — significant segment expense of $48.81M in Q2 2026.
How has Parsons Corporation's critical infrastructure — significant segment expense changed year-over-year?
Parsons Corporation's critical infrastructure — significant segment expense increased by 0.5% year-over-year, from $48.56M to $48.81M.
What is the long-term trend for Parsons Corporation's critical infrastructure — significant segment expense?
Over 3 years (2022 to 2025), Parsons Corporation's critical infrastructure — significant segment expense has grown at a 19.2% compound annual growth rate (CAGR), from $110.47M to $186.9M.
What does critical infrastructure — significant segment expense mean?
This represents material operating expenses specifically attributable to the segment that are distinct from standard cost of goods sold. These expenses often include administrative overhead, segment-specific research and development, or other non-recurring operational costs. Monitoring this helps in understanding the underlying cost structure required to support the segment's specific business activities.

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