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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 us-gaap:SellingGeneralAndAdministrativeExpense.

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 / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Revenue$1,575,867$1,584,323$3,067,043$3,138,683
Direct cost of contracts1,280,6291,235,9702,414,3852,436,347
Equity in losses of unconsolidated joint ventures(33,748)(642)(27,592)(1,329)
Selling, general and administrative expenses260,195252,050528,097496,113
Operating income1,29595,66196,969204,894
Interest income5651,0682,3763,210
Interest expense(16,386)(12,569)(32,384)(24,815)
Other income, net18,2835,01918,0946,654

Item 1. Financial Statements.

FAQ

What is Parsons Corporation's SG&A?
Parsons Corporation (PSN) reported SG&A of $260.2M in Q2 2026.
How has Parsons Corporation's SG&A changed year-over-year?
Parsons Corporation's SG&A increased by 3.2% year-over-year, from $252.05M to $260.2M.
What is the long-term trend for Parsons Corporation's SG&A?
Over 4 years (2021 to 2025), Parsons Corporation's SG&A has grown at a 7.6% compound annual growth rate (CAGR), from $757.24M to $1.02B.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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