The financials
Parsons Corporation by the numbers
Parsons Corporation (PSN) reported revenue of $1.49B in Q1 2026 (quarter ended March 31, 2026), down 4.1% from the same quarter a year earlier. That came with a gross margin of 24% and net income of $53M (3.5% of revenue). For the full year FY2025, revenue was $6.36B (−5.7% year on year) and net income $241M. Its largest region in 2026-Q2 was North America at $1.28B, 81% of the disclosed total, just ahead of Middle East at 19%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $1.49B | $1.55B | −4.1% |
| Gross profit | $357M | $354M | +1.0% |
| Operating income | $96M | $109M | −12% |
| Net income | $53M | $66M | −20% |
| Diluted EPS | $0.49 | $0.60 | −18% |
| Geographic | Revenue | Share |
|---|---|---|
| North America | $1.28B | 81% |
| Middle East | $297M | 19% |
| Non Us | $3.6M | 0.2% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q2 2026Total $1.58B (+5.7%)
Middle East grew +9.8% year on yearNon Us -21% year on year
Segment Latestquarter on quarteryear on year
- North America$1.28B$1.28BQoQ +5.2%year on year -2.6%+5.2%-2.6%
- Middle East$297.1M$297.1MQoQ +9.1%year on year +9.8%+9.1%+9.8%
- Non Us$3.6M$3.6MQoQ -43%year on year -21%-43%-21%
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