Parsons Corporation (PSN) Income Statement
PSN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPSN revenue and net income
Where PSN's revenue goes
2025Each bar shows an amount and its share of revenue. PSN kept 3.8% of revenue as net income.
PSN profit margins
PSN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −5.7% | +14.9% | +10.2% | +7.1% |
| Gross profit | +1.8% | +14.8% | +10.3% | +7.7% |
| Operating income | −2.3% | +31.1% | +18.7% | +11.1% |
| Net income | +2.6% | +35.6% | +19.6% | +10.6% |
| EPS (diluted) | −5.8% | +19.6% | +14.0% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PSN quarterly EPS vs estimates
Parsons beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: October 28, 2026 (estimate $0.70).
PSN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.36B | $6.75B | $5.44B | $4.20B | $3.66B | $3.92B | $3.95B | $3.56B | $3.02B | $3.04B |
| Cost of revenue | $4.93B | $5.34B | $4.24B | $3.25B | $2.81B | $3.04B | $3.12B | $2.80B | $2.40B | $2.43B |
| Gross profit | $1.43B | $1.41B | $1.21B | $946.7M | $852.8M | $876.9M | $831.8M | $765.5M | $616.9M | $608.0M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $1.02B | $955.0M | $865.7M | $24.4M | $757.2M | $729.1M | $781.4M | $597.4M | $506.3M | $522.9M |
| Total operating expenses | $1.01B | $978.4M | $917.7M | $761.1M | $720.4M | $699.0M | $739.7M | $560.5M | $466.2M | $572.6M |
| Operating income | $418.2M | $428.1M | $288.4M | $185.7M | $132.4M | $177.8M | $92.1M | $205.0M | $150.7M | $35.4M |
| Interest income | $44.4M | $11.4M | $1.9M | $966,000 | $396,000 | $787,000 | $22.4M | $18.1M | $13.3M | $15.3M |
| Interest expense | $51.3M | $51.6M | $31.5M | $23.2M | $17.7M | $21.0M | $23.7M | $20.8M | $15.8M | $16.5M |
| Income before taxes | $382.5M | $367.7M | $264.1M | $166.2M | $112.6M | $161.4M | $67.2M | $259.8M | $133.0M | $12.0M |
| Income taxes | $73.6M | $77.0M | $56.1M | $39.7M | $23.6M | $42.5M | −$69.9M | $74.8M | $21.5M | $14.0M |
| Net income | $241.1M | $235.1M | $161.1M | $96.7M | $64.1M | $98.5M | $120.5M | $167.9M | $97.3M | −$13.1M |
| EBITDA | $550.3M | $518.5M | $415.5M | $309.9M | $274.5M | $310.3M | $216.7M | $244.2M | $145.8M | $139.6M |
| EPS (diluted) | $3.08 | $3.27 | $2.44 | $1.80 | $1.65 | $1.60 | $1.56 | $0.14 | $0.98 | −$0.45 |
| Gross margin | 22.5% | 20.8% | 22.2% | 22.6% | 23.3% | 22.4% | 21.0% | 21.5% | 20.4% | 20.0% |
| Operating margin | 6.6% | 6.3% | 5.3% | 4.4% | 3.6% | 4.5% | 2.3% | 5.8% | 5.0% | 1.2% |
| Net margin | 3.8% | 3.5% | 3.0% | 2.3% | 1.8% | 2.5% | 3.0% | 4.7% | 3.2% | −0.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.58B | $1.49B | $1.60B | $1.62B | $1.58B | $1.55B | $1.73B | $1.81B | $1.67B | $1.54B | $1.49B | $1.42B |
| Cost of revenue | $1.31B | $1.13B | $1.23B | $1.26B | $1.24B | $1.20B | $1.36B | $1.45B | $1.32B | $1.21B | $1.13B | $1.12B |
| Gross profit | $266.5M | $357.4M | $369.3M | $359.9M | $348.4M | $354.0M | $369.8M | $360.3M | $351.5M | $324.8M | $367.2M | $294.3M |
| Sales, general & admin | $260.2M | $267.9M | $259.8M | $260.2M | $252.1M | $244.1M | $264.6M | $246.2M | $223.3M | $220.9M | $237.5M | $221.2M |
| Total operating expenses | $265.2M | $262.9M | $259.8M | $260.2M | $252.1M | $244.1M | $269.9M | $245.3M | $240.1M | $223.0M | $289.8M | $210.9M |
| Operating income | $1.3M | $94.5M | $109.6M | $99.7M | $96.3M | $109.9M | $99.8M | $115.0M | $111.4M | $101.8M | $77.4M | $83.3M |
| Interest income | $565,000 | $1.8M | $11.1M | $1.8M | $1.1M | $2.1M | $2.2M | $4.2M | $3.8M | $1.2M | $600,000 | $492,000 |
| Interest expense | $16.4M | $16.0M | $13.0M | $13.5M | $12.6M | $12.2M | $12.5M | $13.0M | $13.0M | $13.0M | $9.1M | $8.6M |
| Income before taxes | $3.8M | $81.3M | $94.7M | $97.8M | $89.2M | $100.8M | $280.8M | $108.1M | $103.1M | −$124.3M | $72.3M | $75.0M |
| Income taxes | $4.2M | $16.1M | $19.9M | $16.0M | $18.7M | $19.0M | $64.3M | $22.5M | $22.4M | −$32.2M | $14.2M | $15.2M |
| Net income | −$15.2M | $52.9M | $55.6M | $64.1M | $55.2M | $66.2M | $201.3M | $72.0M | $69.2M | −$107.4M | $44.9M | $47.4M |
| EBITDA | $56.8M | $133.2M | $138.3M | $138.9M | $130.3M | $140.4M | $319.0M | $145.7M | $140.6M | −$86.8M | $114.2M | $113.8M |
| EPS (diluted) | −$0.14 | $0.79 | $0.75 | $0.77 | $0.78 | $0.78 | $0.78 | $0.95 | $0.84 | $0.70 | $0.69 | $0.69 |
| Gross margin | 16.9% | 24.0% | 23.0% | 22.2% | 22.0% | 22.8% | 21.3% | 19.9% | 21.0% | 21.2% | 24.6% | 20.7% |
| Operating margin | 0.1% | 6.3% | 6.8% | 6.1% | 6.1% | 7.1% | 5.8% | 6.4% | 6.7% | 6.6% | 5.2% | 5.9% |
| Net margin | −1.0% | 3.5% | 3.5% | 4.0% | 3.5% | 4.3% | 11.6% | 4.0% | 4.1% | −7.0% | 3.0% | 3.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PSN's financial statements (latest annual report filed February 11, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PSN financial results
In fiscal year 2025 (ended December 31, 2025), Parsons reported revenue of $6.4 billion, down 5.7% from the year before. It had net income of $241.1 million (up 2.6%), a net profit margin of 3.8%. Diluted earnings per share came to $3.08. Over five years revenue grew at an average rate of 10.2% a year.
See the PSN stock overview for the latest quote and news, or the PSN chart for price history and technical indicators.
PSN income statement FAQ
What is Parsons's annual revenue?
Parsons reported total revenue of $6.4 billion for fiscal year 2025, which ended on December 31, 2025. That was down 5.7% from $6.8 billion the previous year.
Is Parsons profitable?
Yes. Parsons reported net income of $241.1 million in fiscal 2025, a net profit margin of 3.8%; its operating margin was 6.6%.
What is Parsons's gross margin?
Parsons's gross margin was 22.5% in fiscal 2025: for every $100 of revenue, Parsons kept $22 after the direct cost of its products and services.
How fast is Parsons growing?
Revenue grew 10.2% a year on average over the last five fiscal years, from $3.9 billion to $6.4 billion.
What are Parsons's earnings per share?
Parsons earned $3.08 per diluted share in fiscal 2025, compared with $3.27 a year earlier.
When will Parsons report its next earnings?
Parsons is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 before the market opens.
When does Parsons's fiscal year end?
Parsons's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 11, 2026.