The earnings call reflects a strong performance by Parsons Corporation, with significant revenue growth, record margins, and substantial contract wins. Despite the decrease in total revenue due to a confidential contract and a drop in federal solutions margins, the company has demonstrated robust growth in key segments and strategic acquisitions. The positive aspects of the call significantly outweigh the challenges, indicating a strong future outlook.

Company Guidance -

Q3 2025

During the second quarter of 2025, Parsons Corporation reported robust financial performance, with cash flow exceeding forecasts and revenue and adjusted EBITDA aligning with prior guidance assumptions. The company achieved a 13% total and 8% organic revenue growth, excluding the impact of a confidential contract, with three business units experiencing double-digit growth. Parsons also reported a record 9.4% margin expansion and a free cash flow conversion rate of 151% for the quarter. The book-to-bill ratio was maintained at 1.0x for the quarter, continuing a streak since their 2019 IPO. Notably, the firm increased its full-year revenue, adjusted EBITDA, and cash flow guidance. Significant contract wins included a $176 million deal with the U.S. Army Corps of Engineers and a $138 million cyber contract with the Defense Threat Reduction Agency. The Critical Infrastructure segment thrived with a 14% total and 8% organic revenue growth, driven by major project wins. Parsons' Federal Solutions segment reported 11% total and 8% organic revenue growth, fueled by demand for aviation, cyber, and electronic warfare solutions. The company remains well-positioned with a $9 billion backlog, 70% funded, and a $55 billion pipeline, aligning with significant federal funding initiatives.

Strong Revenue and Growth Metrics

Excluding the revenue impact from a confidential contract, second quarter total and organic revenue growth rates were 13% and 8%, respectively. Total infrastructure revenue grew 14% and 8% on an organic basis.

Record Margins and Cash Flow

Delivered 40 basis points of margin expansion to 9.4%, a second quarter record. Achieved $160 million of cash flow from operations and a free cash flow conversion rate of 151% for the quarter.

Significant Contract Wins

Won three contracts over $100 million, including a $176 million contract with the US Army Corps of Engineers, a $138 million contract with the Defense Threat Reduction Agency, and a $134 million follow-on contract for the Giant Mine program in Canada.

Middle East Growth and Recognition

Middle East revenue is expected to grow over 10% in 2025, marking the fourth consecutive year of double-digit organic revenue growth. Parsons was recognized as the top program manager firm in the world by Engineering News-Record.

Successful Acquisition

Acquisition of Chesapeake Technology International, enhancing Parsons' position in electronic warfare, cyber, and autonomous systems, and strengthening relationships with special operations forces.

Parsons (PSN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PSN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	0.77 / -	0.95	―	―	―
Aug 06, 2025	2025 (Q2)	0.74 / 0.78	0.84	-7.14% (-0.06)
Apr 30, 2025	2025 (Q1)	0.74 / 0.78	0.7	11.43% (+0.08)
Feb 19, 2025	2024 (Q4)	0.91 / 0.78	0.69	13.04% (+0.09)
Oct 30, 2024	2024 (Q3)	0.80 / 0.95	0.69	37.68% (+0.26)
Jul 31, 2024	2024 (Q2)	0.71 / 0.84	0.63	33.33% (+0.21)
May 01, 2024	2024 (Q1)	0.63 / 0.70	0.43	62.79% (+0.27)
Feb 14, 2024	2023 (Q4)	0.63 / 0.69	0.51	35.29% (+0.18)
Nov 01, 2023	2023 (Q3)	0.62 / 0.69	0.48	43.75% (+0.21)
Aug 02, 2023	2023 (Q2)	0.51 / 0.63	0.41	53.66% (+0.22)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PSN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$77.00	$75.92	-1.40%
Apr 30, 2025	$68.66	$66.86	-2.62%
Feb 19, 2025	$73.50	$65.08	-11.46%
Oct 30, 2024	$105.03	$110.00	+4.73%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Parsons (PSN) report earnings?

Parsons (PSN) is schdueled to report earning on Oct 29, 2025, Before Open (Confirmed).

What is Parsons (PSN) earnings time?

Parsons (PSN) earnings time is at Oct 29, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PSN EPS forecast?

PSN EPS forecast for the fiscal quarter 2025 (Q3) is 0.77.

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