Parsons Q4 revenue fell 8% to $1.6 billion; FY2026 revenue guided to $6.5-$6.8 billion
Parsons reported fourth-quarter and full-year 2025 results on February 11, 2026. Full-year revenue fell 6% to $6.4 billion, driven by a 20% decline in Federal Solutions, while net income rose 3% to $241 million and diluted EPS rose to $2.20 from $2.12. The company also set fiscal 2026 revenue guidance of $6.5 billion to $6.8 billion, with adjusted EBITDA of $615 million to $675 million.
Key points
- Q4 2025 revenue was $1.6 billion, down 8% year over year; net income was $56 million, up 3%, and diluted EPS was $0.51 versus $0.49.
- Fiscal 2025 revenue was $6.4 billion, down 6%; net income was $241 million, up 3%, and diluted EPS was $2.20 versus $2.12.
- Federal Solutions full-year revenue fell $786 million, or 20%, to $3.2 billion, mainly due to lower volume on a fixed-price confidential contract.
- Fiscal 2026 guidance: revenue $6.5 billion to $6.8 billion; adjusted EBITDA $615 million to $675 million; operating cash flow $470 million to $530 million.
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.