Parsons
Delivers technology and engineering for defense, intelligence, and critical infrastructure missions.
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Profile
Delivers technology, engineering, software, and hardware capabilities through Federal Solutions and Critical Infrastructure. The two segments are nearly evenly balanced and serve defense, intelligence, and infrastructure markets through international operations.
Federal Solutions combines Defense & Intelligence with Engineered Systems, delivering integrated solutions, software and hardware products, and engineering-design services for government-facing missions. The work serves government-facing defense and intelligence markets across its international operations.
Critical Infrastructure applies engineering and technology capabilities to complex physical and digital systems. Recent additions have extended capabilities into grid modernization and cyber resiliency, transportation engineering, environmental remediation, water, signals intelligence, and space.
Operations span more than 30 countries. Delivery into government-facing defense, intelligence, and infrastructure markets, organized through Federal Solutions and Critical Infrastructure, shapes the business.
Company facts
Categories
Key statistics
Year to date −21.2% · Average volume (30d) 1.6M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 21, 2026 | Robert W. Baird | Target | $82 | $57 | ||
| Aug 21, 2026 | Baird | Upgrade | Neutral | Outperform | ||
| Aug 2, 2026 | Jefferies | Upgrade | Hold | Buy | $52 | |
| Jul 29, 2026 | Bernstein | Reiterate | Market Perform | $17 | ||
| May 27, 2026 | BNP Paribas | Target | $65 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 29, 2026Q2 FY26 | $0.76 | −$0.06 | −107.9% | $1.61B | $1.58B | −1.9% | −35.00% |
| Apr 29, 2026Q1 FY26 | $0.70 | $0.79 | +12.9% | $1.50B | $1.49B | −0.6% | +0.22% |
| Feb 11, 2026Q4 FY25 | $0.80 | $0.75 | −6.3% | $1.67B | $1.60B | −3.9% | +4.02% |
| Nov 5, 2025Q3 FY25 | $0.72 | $0.86 | +19.4% | $1.68B | $1.62B | −3.5% | −1.00% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.55B | $1.58B | $1.62B | $1.60B | $1.49B | $1.58B | |
| Gross profit | $354.0M | $348.4M | $359.9M | $369.3M | $357.4M | $266.5M | |
| Operating income | $109.9M | $96.3M | $99.7M | $109.6M | $94.5M | $1.3M | |
| Net income | $66.2M | $55.2M | $64.1M | $55.6M | $52.9M | −$15.2M | |
| Diluted EPS | $0.60 | $0.50 | $0.59 | $0.51 | $0.49 | −$0.14 | |
| Gross margin | 22.8% | 22.0% | 22.2% | 23.0% | 24.0% | 16.9% | |
| Operating margin | 7.1% | 6.1% | 6.1% | 6.8% | 6.3% | 0.1% |
Fiscal years (4-quarter sums)FY21 $3.66B · FY22 $4.20B · FY23 $5.44B · FY24 $6.75B · FY25 $6.36B
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $266.0M · Total debt $1.63B · Total assets $6.11B · Shareholders' equity $2.63B
Dividends
No dividends on record.
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 106.81M · Float 105.17M · 98.5% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Newport Trust Co | 49.37M | 46.22% | 13F | Aug 13, 2026 |
| BlackRock, Inc. | 5.37M | 5.03% | 13F | Aug 7, 2026 |
| Wellington Management Group LLP | 4.60M | 4.31% | 13F | Aug 14, 2026 |
| Swedbank AB | 3.67M | 3.44% | 13F | Jul 15, 2026 |
| Morgan Stanley | 2.63M | 2.46% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 7, 2026 | George L. Ball | director | +20,000 | $47.97 |
| May 13, 2026 | George L. Ball | director | +10,000 | $50.00 |
| May 12, 2026 | Mark Keith Holdsworth | director | +10,000 | $51.27 |
| May 11, 2026 | Harry T. McMahon | director | +10,000 | $49.14 |
| May 8, 2026 | Carey A. Smith | director, officer: President & CEO | +12,500 | $49.97 |
Peers
- Leidos
Federal mission software, cyber, and multi-domain systems overlap
- Jacobs Solutions
Infrastructure, water, environmental, and transportation engineering
- AECOM
Global infrastructure design, program management, and engineering services
- Booz Allen Hamilton
National-security technology and consulting for federal customers
- CACI
DoD and federal IT services with a national-security focus
- Amentum
Defense Solutions and Global Engineering Solutions for governments
- Science Applications International
Mission integration for defense, space, intelligence, and civilian agencies
- Tetra Tech
Water, environmental, and sustainable-infrastructure engineering services
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Parsons | $49.00 | 0.00% | $5.23B | 33.8 | 14.8 | 0.8 | −0.5% |
| Leidos | $141.00 | +0.31% | $17.69B | 13.1 | 11.6 | 1.0 | +7.2% |
| Jacobs Solutions | $151.98 | −0.01% | $17.95B | 53.3 | 18.9 | 1.3 | −20.2% |
| AECOM | $69.38 | +0.29% | $8.89B | 31.7 | 11.2 | 0.6 | −61.5% |
| Booz Allen Hamilton | $75.24 | −0.05% | $9.05B | 11.8 | 12.0 | 0.8 | −4.2% |
| CACI | $623.04 | −0.96% | $13.88B | 26.0 | 19.1 | 1.5 | +17.6% |
| Amentum | $20.40 | +0.29% | $4.96B | 24.5 | 8.0 | 0.4 | −2.0% |
| Science Applications International | $127.50 | +1.24% | $5.33B | 14.2 | 13.0 | 0.7 | +1.6% |
| Tetra Tech | $36.54 | 0.00% | $9.48B | 22.0 | 21.6 | 1.9 | −19.0% |
| Median | 23.2 | 12.5 | 0.9 | −3.1% |