Parsons Corp.
- PSN · NYSE
- Services-Computer Integrated Systems Design
- Centreville, VA
- CIK 0000275880
Updated from SEC filings through
Top things to know
Executives
- Carey Smith Chair, president, and chief executive officer 8-K, 2026-10-28
- Carey A. Smith President & CEO 4, 2026-05-11
- George L. Ball Interim CFO 4, 2026-11-09
- Matthew Ofilos Chief Financial Officer 4, 2026-03-10
- Soo Lagasse Chief Human Resources Officer 4, 2026-04-02
- Susan M. Balaguer Chief Human Resources Officer 4, 2026-03-10
What leadership is saying
“We delivered a strong third quarter, exceeding our commitments with record adjusted EBITDA and adjusted EBITDA margin, and robust operating cash flow and bookings across both Federal Solutions and Critical Infrastructure. This performance highlights the resilience of our diversified portfolio and the strength of our differentiated solutions and products. Strong awards, record total and funded backlog, and a robust pipeline provide a solid foundation for continued organic grow”
Earnings press release (8-K Ex. 99.1), filed October 28, 2026
Parsons Corp is a U.S. public company in services-computer integrated systems design (SIC 7373), headquartered in Centreville, VA. It trades as PSN on NYSE. Revenue was $6.4B in the fiscal year ending December 31, 2025, -5.7% from the year before. Carey Smith is Chair, president, and chief executive officer.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $6.4B 10-K, 2026-02-11 | $6.8B 10-K, 2026-02-11 | $5.4B 10-K, 2026-02-11 | $4.2B 10-K, 2025-02-19 | $3.7B 10-K, 2024-02-14 |
| Operating income | $418M 10-K, 2026-02-11 | $428M 10-K, 2026-02-11 | $288M 10-K, 2026-02-11 | $186M 10-K, 2025-02-19 | $132M 10-K, 2024-02-14 |
| SG&A | $1.0B 10-K, 2026-02-11 | $955M 10-K, 2026-02-11 | $870M 10-K, 2026-02-11 | $777M 10-K, 2025-02-19 | $757M 10-K, 2024-02-14 |
| Net income | $241M 10-K, 2026-02-11 | $235M 10-K, 2026-02-11 | $161M 10-K, 2026-02-11 | $96.7M 10-K, 2025-02-19 | $64.1M 10-K, 2024-02-14 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Carey Smith | Chair, president, and chief executive officer | 8-K, 2026-10-28 |
| Carey A. Smith Chair, President and Chief Executive Officer at Parsons Corporation | President & CEO | 4, 2026-05-11 |
| George L. Ball | Interim CFO | 4, 2026-11-09 |
| Matthew Ofilos | Chief Financial Officer | 4, 2026-03-10 |
| Soo Lagasse Talent Acquisition Leader at Parsons Corporation | Chief Human Resources Officer | 4, 2026-04-02 |
| Susan M. Balaguer | Chief Human Resources Officer | 4, 2026-03-10 |
| John Thomas Martinez | Chief Legal Officer | 4, 2026-03-03 |
| John T. Martinez | Chief Legal Officer | 10-K, 2026-02-11 |
| Susan Balaguer | Chief Human Resources Officer | 10-K, 2026-02-11 |
| Michael R. Kolloway | General Counsel and Corporate Secretary | 10-K, 2026-02-11 |
| Robert H. Smith | Board member (per proxy) bio: independent director | DEF 14A, 2026-03-02 |
What Parsons Corp does
Parsons is a leading provider of the solutions and services required to support the complex security environment, unprecedented global infrastructure demand, and a world of digital transformation impacting our customers. For more than 81 years, we have solved our customers’ most challenging problems and enabled a safer, smarter, more secure, and more connected world thanks to a culture of creativity, a focus on delivery, and a mission-focused workforce.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 105.5 million (as of October 20, 2026) | 10-Q, October 28, 2026 |
|---|---|---|
| Public float | $7.7B (as of June 30, 2025) | 10-K, February 11, 2026 |
| Reportable segments | 2 (period ending September 30, 2026) | 10-Q, October 28, 2026 |
| Latest proxy statement | Meeting March 2, 2026 (filed March 2, 2026) | DEF 14A, March 2, 2026 |
| Auditor | PricewaterhouseCoopers LLP (Los Angeles, California) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| August 7, 2026 | George L. Ball Director | Buy | 20,000 | $959K | Form 4, August 10, 2026 |
| May 13, 2026 | George L. Ball Director | Buy | 10,000 | $500K | Form 4, May 14, 2026 |
| May 12, 2026 | Mark Keith Holdsworth Director | Buy | 10,000 | $513K | Form 4, May 13, 2026 |
| May 11, 2026 | Harry T. McMahon Director | Buy | 10,000 | $491K | Form 4, May 12, 2026 |
| May 8, 2026 | Carey A. Smith President & CEO | Buy | 12,500 | $625K | Form 4, May 11, 2026 |
Recent 8-K events
- 8-K filed 2026-10-28
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-10-28
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-29
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-04-29
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-04-15
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-03-17
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-02-26
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-02-11
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-01-15
- Item 8.01 Other events
- 8-K filed 2025-12-18
- Item 5.02 Departure or appointment of directors or officers; compensation
Frequently asked questions about Parsons Corp
- What does Parsons Corp do?
- In its own words, from Item 1 of its 10-K: "Parsons is a leading provider of the solutions and services required to support the complex security environment, unprecedented global infrastructure demand, and a world of digital transformation impacting our customers. For more than 81 years, we have solved our customers’ most challenging problems and enabled a safer, smarter, more secure, and more connected world thanks to a culture of creativity, a focus on delivery, and a mission-focused workforce."
- What is Parsons Corp's revenue?
- $6.4B for the fiscal year ending December 31, 2025, from its 10-K filed February 11, 2026.
- Is Parsons Corp profitable?
- Parsons Corp reported net income of $241M for the fiscal year ending December 31, 2025.
- Who is the CEO of Parsons Corp?
- Carey Smith, Chair, president, and chief executive officer, as named in a 8-K filed October 28, 2026.
- Who is the CFO of Parsons Corp?
- George L. Ball, Interim CFO, as named in a 4 filed November 9, 2026.
- Where is Parsons Corp headquartered?
- Centreville, VA.
- What is Parsons Corp's stock ticker?
- PSN on NYSE.
- What industry is Parsons Corp in?
- Services-Computer Integrated Systems Design, SIC code 7373.
- What is Parsons Corp's website?
- parsons.com.
- When does Parsons Corp report earnings next?
- January 27, 2027. Source: estimate_8k_pattern.
- Is Parsons Corp a public company?
- Yes. Parsons Corp files with the SEC under CIK 0000275880 and trades as PSN.
- Who audits Parsons Corp?
- PricewaterhouseCoopers LLP, Los Angeles, California, as named in its latest annual report (10-K).
- How many shares of Parsons Corp are outstanding?
- 105.5 million shares as of October 20, 2026, from its 10-Q filed October 28, 2026.
- What is Parsons Corp's public float?
- $7.7B as of June 30, 2025, as reported on the cover of its 10-K filed February 11, 2026.
- How many business segments does Parsons Corp report?
- 2 reportable segments for the period ending September 30, 2026, from its 10-Q filed October 28, 2026.
- When is Parsons Corp's annual shareholder meeting?
- March 2, 2026, per its proxy statement (DEF 14A) filed March 2, 2026.
- Have Parsons Corp insiders traded stock recently?
- Since May 8, 2026, officers and directors reported 0 open-market sales and 5 purchases worth about $3.1M on Forms 4 and 5. The most recent: George L. Ball (Director) bought 20,000 shares on August 7, 2026.