Parsons CORP

Market Movers (8-K)

NYSE
Parsons Corporation announced its second quarter 2026 financial results, highlighting strong contract awards and a 1.2x book-to-bill ratio, while also detailing significant charges related to portfolio-shaping initiatives.
Worse than expected
NYSE
Parsons Corporation announced first quarter 2026 financial results, highlighting record Adjusted EBITDA margin, total and funded backlog, and a robust book-to-bill ratio.
NYSE
Parsons Corporation announced the results of its Annual Meeting of Stockholders held on April 14, 2026, where key proposals including the election of directors and ratification of the independent auditor were approved.
NYSE
Parsons Corporation announces the retirement of CHRO Susan Balaguer and the promotion of Soo Lagasse to the role, effective April 1, 2026.
NYSE
Parsons Corporation's Board of Directors approved a $10 million stock award for CEO Carey A. Smith, comprising performance and restricted stock units.
NYSE
Parsons Corporation announced record adjusted EBITDA for Q4 and fiscal year 2025, driven by strong performance in Critical Infrastructure despite a decline in overall revenue.
Worse than expected

Quarterly Earnings (10-Q)

NYSE
Parsons Corporation reported a slight revenue decrease in Q2 2026 compared to the prior year, impacted by reduced volume in its Federal Solutions segment, while its Critical Infrastructure segment saw growth.
Worse than expected
NYSE
Parsons Corporation reported a revenue decrease in Q1 2026 driven by its Federal Solutions segment, but saw growth in Critical Infrastructure, bolstered by recent acquisitions.
Capital raise
Worse than expected
NYSE
Parsons Corporation reports a decline in overall revenue for Q3 2025, driven by a significant drop in Federal Solutions, while Critical Infrastructure shows strong growth and legal wins provide a boost.
Capital raise
Delay expected
NYSE
Parsons Corporation reports a decline in Q2 revenue and net income, primarily due to a major federal contract termination, while its Critical Infrastructure segment shows strong growth and strategic acquisitions bolster future prospects.
Worse than expected
Delay expected
Capital raise
NYSE
Parsons Corporation's Q1 2025 results show a slight revenue increase driven by Critical Infrastructure growth, offset by a decline in Federal Solutions, with strategic acquisitions contributing to overall performance.
Better than expected
Delay expected
NYSE
Parsons Corporation's Q3 2024 results show significant revenue growth driven by both organic expansion and strategic acquisitions, despite a loss on debt extinguishment.
Worse than expected
Capital raise

Annual Reports (10-K)

NYSE
Parsons Corporation reported a 5.7% revenue decline in 2025, primarily due to a significant drop in its Federal Solutions segment, despite an increase in net income and strong growth in Critical Infrastructure.
Delay expected
Worse than expected
Capital raise
NYSE
Parsons Corporation's 2024 annual report reveals a year of significant growth, driven by strategic acquisitions and strong performance in both Federal Solutions and Critical Infrastructure segments, resulting in revenues of $6.8 billion and Adjusted EBITDA of $605.0 million.
Better than expected
NYSE
Parsons Corporation's 2023 annual report highlights a year of significant growth, with revenue reaching $5.4 billion and a 5% increase in backlog.
Better than expected

Insider Trading (Form 4)

NYSE
Parsons Corp director Steven F. Leer acquired 837 shares of common stock through a restricted stock unit award.
NYSE
George L. Ball, a Director at Parsons Corporation, reported the acquisition of 10,000 shares of common stock.
NYSE
Mark Keith Holdsworth, a Director at Parsons Corp, acquired a significant number of common shares through multiple transactions on May 12, 2026.
NYSE
Parsons Corp Director Harry T. McMahon acquired 10,000 shares of common stock.
NYSE
Carey A. Smith, President & CEO and Director of Parsons Corporation, acquired 12,500 shares of common stock through multiple transactions.
NYSE
Parsons Corporation Director David C. Wajsgras has been awarded 2,947 fully vested restricted stock units, increasing his total ownership to 40,080 shares.

Proxy Statements (Def-14A)

NYSE
Parsons Corporation reports record-breaking financial performance in 2024, fueled by double-digit revenue growth in both Federal Solutions and Critical Infrastructure segments.
Better than expected
NYSE
Parsons Corporation announces record revenue and adjusted EBITDA for fiscal year 2023, driven by strategic acquisitions and strong organic growth.
Better than expected

Schedule 13G - Passive Investments

NYSE
Newport Trust Company, LLC has increased its beneficial ownership of Parsons Corp common stock to 46.15%, holding 49,370,624 shares.
NYSE
Newport Trust Company, LLC filed an Amendment No. 7 to Schedule 13G, disclosing a 47.76% beneficial ownership stake in Parsons Corporation's common stock as of September 30, 2025.
NYSE
Newport Trust Company, LLC filed an amended Schedule 13G, disclosing a 48.77% beneficial ownership stake in Parsons Corporation.
NYSE
Newport Trust Company, LLC has filed an amended Schedule 13G, reporting beneficial ownership of 50.39% of Parsons Corporation's common stock as of December 31, 2024.