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Parsons Corporation PSN Federal Solution — Cost of Goods Sold

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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

Reported directly by Parsons Corporation in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

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 federal solution — cost of goods sold?
Parsons Corporation (PSN) reported federal solution — cost of goods sold of $585.42M in Q1 2026.
How has Parsons Corporation's federal solution — cost of goods sold changed year-over-year?
Parsons Corporation's federal solution — cost of goods sold decreased by 11.6% year-over-year, from $661.91M to $585.42M.
What is the long-term trend for Parsons Corporation's federal solution — cost of goods sold?
Over 3 years (2022 to 2025), Parsons Corporation's federal solution — cost of goods sold has grown at a 14.1% compound annual growth rate (CAGR), from $1.7B to $2.53B.
What does federal solution — cost of goods sold mean?
This metric includes the direct costs associated with delivering services and technology solutions, such as labor, materials, and project-related overhead. Monitoring this helps evaluate the segment's direct operational efficiency and project execution margins.