Parsons Corporation (PSN) Revenue History
Annual and quarterly revenue from 2017 to present
PSN Revenue Over Time (2017–2025)
PSN Revenue Growth History
5 of 8 years with positive growth- FY2017 revenue growth
- N/A
- FY2018 revenue growth
- +18.0%
- FY2019 revenue growth
- +11.1%
- FY2020 revenue growth
- -0.9%
- FY2021 revenue growth
- -6.6%
- FY2022 revenue growth
- +14.6%
- FY2023 revenue growth
- +29.7%
- FY2024 revenue growth
- +24.0%
- FY2025 revenue growth
- -5.7%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $1.49B | -4.1% |
| Q4 2025 | $1.60B | -7.5% |
| Q3 2025 | $1.62B | -10.4% |
| Q2 2025 | $1.58B | -5.2% |
| Q1 2025 | $1.55B | +1.2% |
| Q4 2024 | $1.73B | +16.1% |
| Q3 2024 | $1.81B | +27.6% |
| Q2 2024 | $1.67B | +23.1% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
PSN's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
PSN Revenue Analysis (2017–2025)
Current Revenue & Growth
As of June 22, 2026, Parsons Corporation (PSN) generated trailing twelve-month (TTM) revenue of $6.30 billion, reflecting slight decline in growth of -4.1% year-over-year. The most recent quarter (Q1 2026) recorded $1.49 billion in revenue, down 7.0% sequentially.
Historical Growth Trajectory
PSN's 5-year compound annual growth rate (CAGR) stands at +10.2%, indicating consistent double-digit revenue growth. The 3-year CAGR of +14.9% exceeds the 5-year average, indicating an acceleration in the most recent period. Parsons Corporation's highest annual revenue of $6.75 billion was recorded in 2024.
Revenue by Segment
PSN's revenue is primarily driven by Federal Solution Segment (51%), and Critical Infrastructure Segment (49%). With over half of revenue concentrated in Federal Solution Segment, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Industrials sector peers — including SAIC (-2.9% YoY), LDOS (+2.5% YoY), and BAH (-6.4% YoY) — PSN has underperformed the peer group in revenue growth. Compare PSN vs SAIC →
PSN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PSNCurrent | $6.3B | -4.1% | +10.2% | 6.6% | |
 SAIC | $7.3B | -2.9% | +0.6% | 7.2% | |
 LDOS | $17.2B | +2.5% | +6.9% | 12.3% | |
 BAH | $11.2B | -6.4% | +7.4% | 9.8% | |
 CACI | $8.6B | +9.6% | +8.6% | 8.9% | |
 J | $12.0B | +74.1% | -2.4% | 7.2% |
PSN Historical Revenue Data (2017–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $6.36B | -5.7% | $1.43B | 22.5% | $418.2M | 6.6% |
| 2024 | $6.75B | +24.0% | $1.41B | 20.8% | $428.1M | 6.3% |
| 2023 | $5.44B | +29.7% | $1.21B | 22.2% | $288.4M | 5.3% |
| 2022 | $4.20B | +14.6% | $946.7M | 22.6% | $185.7M | 4.4% |
| 2021 | $3.66B | -6.6% | $852.8M | 23.3% | $132.4M | 3.6% |
| 2020 | $3.92B | -0.9% | $876.9M | 22.4% | $177.8M | 4.5% |
| 2019 | $3.95B | +11.1% | $831.8M | 21.0% | $92.1M | 2.3% |
| 2018 | $3.56B | +18.0% | $765.5M | 21.5% | $205.0M | 5.8% |
| 2017 | $3.02B | - | $616.9M | 20.4% | $150.7M | 5.0% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
9+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
PSN — Frequently Asked Questions
Quick answers to the most common questions about buying PSN stock.
Is PSN's revenue growth accelerating or slowing?
PSN revenue growth is slowing. TTM revenue is $6.3B, up -4.1% year-over-year — below the 5-year CAGR of +10.2%. The deceleration suggests maturing end-markets or increased competition.
What is PSN's revenue history from 2017 to 2026?
Parsons Corporation (PSN) revenue history spans 2017 to 2026. TTM revenue as of 2026 is $6.3B, growing at -4.1% YoY. The 5-year CAGR is +10.2%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is PSN's long-term revenue growth rate (CAGR)?
Parsons Corporation's 5-year revenue CAGR of +10.2% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -4.1% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for PSN.
Why does PSN's quarterly revenue fluctuate?
PSN quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Parsons Corporation's revenue data from 2017 to 2026 shows full historical quarterly detail on this page.
How is PSN's revenue distributed by segment?
PSN reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does PSN's revenue compare to industry peers?
Parsons Corporation (PSN) with TTM revenue of $6.3B and -4.1% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.