US · Technology · Information Technology Services
EPS came in at -0.14 against a street estimate of 0.66 — a miss of 121.2%.
Analysts rate Parsons Corp a buy (11 buy, 3 hold, 0 sell out of 14) with an average price target of $58.36.
MIXED Core demand, bookings and margins were strong, but portfolio exits, a weather-related charge and timing reduced 2026 guidance materially. Q2 FY26 Middle East growth and bookings remained strong; North American infrastructure ramp timing and lower pass-through costs reduced revenue expectations but supported margins. Analysts pressed management on the large charges, repeated guidance cuts, revenue timing, cash flow and portfolio risks. Management attributed the reduction to specified timing and divestiture buckets, emphasized strong underlying demand, and reiterated cash-flow expectations. 2026-07-29…
Full summary in the app.
| Fund | Stake |
|---|---|
| Newport Trust Co. | 46.22% |
| BlackRock Inc | 5.03% |
| Wellington Management Company LLP | 4.31% |
| Swedbank AB | 3.44% |
| Morgan Stanley - Brokerage Accounts | 2.46% |
| Vanguard Capital Management, LLC | 2.25% |
| Dimensional Fund Advisors, Inc. | 2.23% |
| Earnest Partners LLC | 2.15% |
| Document | Date |
|---|---|
| Quarterly report · Q2 2026 PARSONS CORPORATION 10-Q SUMMARY For the Quarter and Six Months Ended June 30, 2026 --- HEADLINE NUMBERS • Q2 2026 Revenue: $1,575.9 million (vs. $ | 2026-07-29 |
| Results announced · Q3 2026 PARSONS CORPORATION Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Q2 2026 revenue: $1.575 billion, down 1% year-over-year (down 5% organically). Exclu | 2026-07-29 |
| Quarterly report · Q1 2026 PARSONS CORPORATION 10-Q SUMMARY Quarter Ended March 31, 2026 --- HEADLINE NUMBERS • Revenue: $1,491.2 million (Q1 2026) vs. $1,554.4 million (Q1 2 | 2026-04-29 |
| Results announced · Q2 2026 PARSONS CORPORATION - Q1 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Q1 2026 revenue: $1.5 billion, down 4% year-over-year (down 8% organic); excluding | 2026-04-29 |
| Shareholder vote results · Q2 2026 PARSONS CORPORATION 8-K SUMMARY HEADLINE NUMBERS • Annual stockholder meeting held April 14, 2026 • Four board members elected to three-year terms e | 2026-04-15 |
| Board / officer change · Q1 2026 PARSONS CORPORATION (PSN) - 8-K FILING SUMMARY March 17, 2026 --- OTHER NOTABLE POINTS • Executive Leadership Change: Susan Balaguer, Chief Human R | 2026-03-17 |
| Proxy statement · Q1 2026 PARSONS CORPORATION PROXY SUMMARY FOR RETAIL INVESTORS --- WHAT SHAREHOLDERS ARE VOTING ON • Proposal 1: Elect four director nominees to the Board | 2026-03-02 |
| Annual report FY2025 PARSONS CORPORATION – 10-K SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Fiscal 2025 Revenue: $6.4 billion • Net Income: $241.1 million • Adjusted | 2026-02-11 |
Readable in the app.
| Announcement | Date |
|---|---|
| Revising fiscal year 2026 guidance ranges following Q2 results Parsons Corporation reported Q2 2026 results with mixed signals. On the positive side, the company demonstrated strong demand with a 1.2x book-to-bill ratio (indicating more work awarded tha | 2026-07-29 |
| Fiscal year 2026 guidance and long-term financial targets established Parsons Corporation reported FY2025 results showing mixed performance. Revenue declined 6% overall to $6.4 billion, but excluding a large confidential contract, revenue grew 12% organically | 2026-02-11 |
| Acquired Altamira Technologies Corporation for up to $375 million Parsons Corporation acquired Altamira Technologies Corporation for up to $375 million ($330 million upfront cash plus $45 million earn-out in Q1 2027 if EBITDA targets are met). Altamira is | 2026-01-15 |
| Modified fiscal 2025 revenue guidance; reiterated EBITDA and cash flow guidance Parsons Corporation reported Q3 2025 results with mixed performance. Total revenue declined 10% year-over-year to $1.6 billion, though excluding a confidential contract, revenue grew 14%. Th | 2025-11-05 |
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Open in the appGoogle PlayApp StoreData updated 2026-10-19.