Parsons reported third-quarter 2026 results on October 28, 2026. Revenue rose 2% to $1.7 billion and adjusted EBITDA reached a record $168 million, but net income fell 16% to $54 million and GAAP diluted EPS was $0.51 versus $0.59, which the company attributed mainly to transaction-related expenses. CFO Matt Ofilos will resign effective November 6, 2026, and director George Ball was named interim CFO, while fiscal 2026 revenue and adjusted EBITDA guidance midpoints were reiterated after the ranges were narrowed.
Q3 2026 revenue was $1.7 billion, up 2% year-over-year and down 1% on an organic basis
Net income was $54 million versus $64 million a year earlier; GAAP diluted EPS was $0.51 versus $0.59
Adjusted EBITDA rose 6% to a record $168 million; adjusted EBITDA margin was a record 10.2%
CFO Matt Ofilos resigns effective November 6, 2026; George Ball appointed interim CFO
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From Parsons Corporation's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$6.36B
-5.7%
$2.20
+3.8%
3.8%
FY2024
$6.75B
+24.0%
$2.12
+49.3%
3.5%
FY2023
$5.44B
+29.7%
$1.42
+63.2%
3.0%
FY2022
$4.20B
+14.6%
$0.87
+47.5%
2.3%
FY2021
$3.66B
-6.6%
$0.59
-39.2%
1.8%
Frequently asked questions
When is Parsons's next earnings date?
Parsons has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Parsons earn last quarter?
For the quarter ended Sep 2026, Parsons reported diluted EPS of $0.51 (-13.6% year over year) on revenue of $1.65B (+1.8%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.