US · Technology · Information Technology Services
EPS came in at 0.80 against a street estimate of 0.70 — a beat of 14.3%.
Analysts rate Parsons Corp a buy (11 buy, 3 hold, 0 sell out of 14) with an average price target of $60.45.
CONFIDENT Parsons beat third-quarter commitments, delivered record margins and strong cash flow, while bookings and backlog improved. Management expects Federal Solutions growth to accelerate, but procurement protests and Middle East uncertainty remain risks. Q3 FY26 North American demand remained strong in transportation, environmental, water and wastewater. Middle East demand and headcount increased, but geopolitical uncertainty remains a risk. Analysts focused on Federal Solutions growth conversion, fourth-quarter guidance risks and the size of Parsons’ bidding funnel. Management emphasized protested awards, funded backlog, seasonality and execution visibility. 2026-10-28…
Full summary in the app.
| Fund | Stake |
|---|---|
| Newport Trust Co. | 46.78% |
| BlackRock Inc | 5.09% |
| Wellington Management Company LLP | 4.36% |
| Swedbank AB | 3.48% |
| Morgan Stanley - Brokerage Accounts | 2.49% |
| Vanguard Capital Management, LLC | 2.28% |
| Dimensional Fund Advisors, Inc. | 2.25% |
| Earnest Partners LLC | 2.17% |
| Document | Date |
|---|---|
| Quarterly report · Q3 2026 HEADLINE NUMBERS • Third-quarter 2026 revenue was $1,650,548, up from $1,621,748 in the third quarter of 2025. • Nine-month 2026 revenue was $4,717, | 2026-10-28 |
| Board / officer change · Q4 2026 HEADLINE NUMBERS • Parsons’ CFO Matt Ofilos will resign effective November 6, 2026, to pursue another professional opportunity. • The company said h | 2026-10-28 |
| Results announced · Q4 2026 HEADLINE NUMBERS • Q3 2026 revenue increased 2% year over year to $1.7 billion, or $1,650,548 thousand; organic revenue decreased 1%. • Adjusted EBI | 2026-10-28 |
| 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 |
Readable in the app.
| Announcement | Date |
|---|---|
| Parsons narrowed and reiterated fiscal 2026 revenue and adjusted EBITDA guidance ranges Parsons reported a strong third quarter of 2026. Revenue rose 2% year over year to approximately $1.7 billion, although organic revenue declined 1% (or grew 2% excluding a confidential contr | 2026-10-28 |
| 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 |
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Open in the appGoogle PlayApp StoreData updated 2026-11-07.