PARSONS CORP

For the period ended Jun 30, 2025. Filed Aug 6, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 6, 2025

PSN$51.56+0.1%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

(In thousands, except per share information)

	Three Months Ended		Six Months Ended
	June 30, 2025	June 30, 2024	June 30, 2025	June 30, 2024
Revenue	$1,584,323	$1,670,467	$3,138,683	$3,206,143
Direct cost of contracts	1,235,970	1,318,931	2,436,347	2,529,758
Equity in losses of unconsolidated joint ventures	(642)	(16,837)	(1,329)	(18,897)
Selling, general and administrative expenses	252,050	223,277	496,113	444,222
Operating income	95,661	111,422	204,894	213,266
Interest income	1,068	3,825	3,210	4,977
Interest expense	(12,569)	(13,008)	(24,815)	(26,006)
Convertible debt repurchase loss	-	-	-	(18,355)
Other income (expense), net	5,019	895	6,654	(2,431)
Total other income (expense)	(6,482)	(8,288)	(14,951)	(41,815)
Income before income tax expense	89,179	103,134	189,943	171,451
Income tax expense	(18,690)	(22,415)	(37,667)	(35,739)
Net income including noncontrolling interests	70,489	80,719	152,276	135,712
Net income attributable to noncontrolling interests	(15,259)	(11,547)	(30,843)	(26,790)
Net income attributable to Parsons Corporation	55,230	69,172	121,433	108,922
Earnings per share:
Basic	$0.52	$0.65	$1.14	$1.03
Diluted	$0.50	$0.63	$1.10	$0.99

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.