Parsons Corporation (PSN) Revenue History
Annual and quarterly revenue from 2017 to 2025
Compound Annual Growth Rate (CAGR)
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PSN Revenue Growth
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)
As of May 8, 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.
Looking at the longer-term picture, PSN's 5-year compound annual growth rate (CAGR) stands at +10.2%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $6.75 billion in 2024.
Revenue diversification analysis shows PSN's business 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 maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including SAIC (-2.9% YoY), LDOS (+2.5% YoY), and BAH (-3.1% YoY), PSN has underperformed the peer group in terms of 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% | 7.1% | |
 LDOS | $17.2B | +2.5% | +6.9% | 12.3% | |
 BAH | $12.0B | -3.1% | +9.9% | 11.4% | |
 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% |
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Start ComparisonPSN — 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 slowed to -4.1%, below the 5-year CAGR of +10.2%. TTM revenue is $6.3B. The deceleration marks a shift from historical growth rates.
What is PSN's long-term revenue growth rate?
Parsons Corporation's 5-year revenue CAGR of +10.2% reflects the variable expansion pattern. Current YoY growth of -4.1% is near this long-term average.
How is PSN's revenue distributed by segment?
PSN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2017-2025 are available for download. Segment mix reveals concentration and diversification trends.