Parsons' strategic shift toward high-tech defense is not yet offsetting legacy work exits, as evidenced by four consecutive quarters of revenue decline (down 5.7% YoY in 2026Q2) and a 510 bps gross margin contraction to 16.9%. The company maintains a conservat...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue declined 5.7% YoY in 2026Q2, marking the fourth consecutive quarter of contraction, while gross margin plummeted 510 bps to 16.9%, driving operating income down 98.7% to $1.3M.
Parsons Corporation is shifting focus from traditional engineering to higher-margin defense and technology segments, driving long-term growth potential.
The company's robust backlog indicates sustained future revenue streams and operational stability.
Parsons Corporation's stock appears undervalued compared to industry peers, presenting a potential upside for investors.
Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 29, 2026 | -$0.06-107.9% vs $0.76 | $1.6B-1.9% vs $1.6B |
Q2 2026 Apr 29, 2026 | $0.79+12.9% vs $0.70 | $1.5B-0.6% vs $1.5B |
Q1 2026 Feb 11, 2026 | $0.75-6.3% vs $0.80 | $1.6B-3.9% vs $1.7B |
Q4 2025 Nov 5, 2025 | $0.86+9.1% vs $0.79 | $1.6B-2.3% vs $1.7B |
Insperity (NYSE: NSP - Get Free Report) and Parsons (NYSE: PSN - Get Free Report) are both industrials companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, valuation, risk, analyst recommendations, profitability, dividends and earnings. Insider and Institutional Ownership 93.4% of Insperity shares are held
Key Takeaways: Parsons secured nine “Awardable” designations across two leading Department of War digital marketplaces designed to rapidly deploy operational capabilities to warfighters at the edge. Three solutions were recognized in Platform One and six in Tradewinds, expanding Parsons' presence across the defense technology ecosystem.
Parsons Corporation (PSN) Presents at Jefferies Global Industrials Conference 2026 Transcript
Investors interested in Technology Services stocks are likely familiar with NTT (NTTYY) and Parsons (PSN). But which of these two stocks is more attractive to value investors?
Benchmark PSN against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Parsons Corporation (PSN)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $43.82 | $4.69B | 19.92 | -5.72% | 3.79% | 9.1% | — | |
| $132.96 | $5.62B | 17.27 | -2.9% | 5.13% | 25.89% | — | |
| $124.69 | $15.68B | 11.20 | 3.07% | 7.67% | 26.38% | — | |
| $75.65 | $9.1B | 10.95 | -6.37% | 7.01% | 71.9% | — | |
| $616.68 | $13.62B | 25.52 | 10.89% | 5.6% | 12.68% | — | |
| $141.12 | $16.66B | 59.29 | 4.6% | 2.35% | 8.51% | — |
Parsons Corporation (PSN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Parsons Corporation (PSN) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 29, 2026·SEC
Apr 29, 2026·SEC
Apr 15, 2026·SEC
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Parsons Corporation (PSN) stock FAQ — growth, dividends, profitability & financials explained
Parsons Corporation (PSN) reported $6.29B in revenue for fiscal year 2025. This represents a 109% increase from $3.02B in 2017.
Parsons Corporation (PSN) saw revenue decline by 5.7% over the past year.
Yes, Parsons Corporation (PSN) is profitable, generating $157.4M in net income for fiscal year 2025 (3.8% net margin).
Parsons Corporation (PSN) has a return on equity (ROE) of 9.1%. This is below average, suggesting room for improvement.
Parsons Corporation (PSN) generated $308.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
