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Parsons Corporation PSN Federal Solution — Adjusted EBITDA Attributable To Parent

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Critical Infrastructure
$41.01M-38.0%

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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:AdjustedEBITDAAttributableToParent.

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
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
Depreciation and amortization(36,637)
Interest expense, net(15,821)

Item 1. Financial Statements.

FAQ

What is Parsons Corporation's federal solution — adjusted EBITDA attributable to parent?
Parsons Corporation (PSN) reported federal solution — adjusted EBITDA attributable to parent of -$13.79M in Q2 2026.
How has Parsons Corporation's federal solution — adjusted EBITDA attributable to parent changed year-over-year?
Parsons Corporation's federal solution — adjusted EBITDA attributable to parent decreased by 120.6% year-over-year, from $67.07M to -$13.79M.
What is the long-term trend for Parsons Corporation's federal solution — adjusted EBITDA attributable to parent?
Over 4 years (2021 to 2025), Parsons Corporation's federal solution — adjusted EBITDA attributable to parent has grown at a 14.6% compound annual growth rate (CAGR), from $162.73M to $281.12M.
What does federal solution — adjusted EBITDA attributable to parent mean?
This is a non-GAAP measure representing the segment's earnings before interest, taxes, depreciation, and amortization, adjusted for non-recurring or non-operational items. It serves as the primary metric for evaluating the segment's core operational profitability and cash-generating capability.

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