The earnings call reflected strong performance in revenue growth, cash flow, and strategic contract wins, despite challenges in the Federal Solutions segment due to the confidential contract termination and increased SG&A expenses.

Company Guidance

During the second quarter 2025 earnings call, Parsons Corporation provided comprehensive guidance for the remainder of the year, including increased revenue, adjusted EBITDA, and cash flow projections. The company anticipates total revenue to range between $6.48 billion and $6.68 billion, reflecting a 17% growth, and 13% on an organic basis excluding a confidential contract. Adjusted EBITDA is expected to be between $595 million and $635 million, with a margin of 9.3% at the midpoint. Operating cash flow is projected to be between $400 million and $440 million, boosted by a cash tax benefit related to the reconciliation bill. Key metrics highlighted include a free cash flow conversion rate of 151% for the quarter, a trailing 12-month book-to-bill ratio of 1.0x or greater since their 2019 IPO, and a backlog of nearly $9 billion, of which 70% is funded. Parsons is also focusing on leveraging their $55 billion pipeline, which includes 114 opportunities worth $100 million or more.

Strong Revenue and EBITDA Growth

Excluding the confidential contract, total revenue grew 13% and 8% on an organic basis. Adjusted EBITDA margin expanded by 40 basis points to 9.4%, marking a second quarter record.

High Cash Flow and Book-to-Bill Ratio

$160 million of cash flow from operations was achieved, with a free cash flow conversion rate of 151%. Parsons reported a book-to-bill ratio of 1.0x for the quarter and trailing 12 months.

Significant Contract Wins

Parsons won three contracts over $100 million in Q2, including a $176 million contract with the U.S. Army Corps of Engineers and a $134 million contract for Giant Mine remediation in Canada.

Middle East and North America Growth

Middle East revenue expected to grow over 10% in 2025, marking the fourth consecutive year of double-digit growth. North America infrastructure revenue grew 17%.

Strategic Acquisition

Acquisition of Chesapeake Technology International enhances multi-domain technologies and strengthens relationships with key customers.

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)	0.76 / -	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 0.76.

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