Parsons Corp (NYSE:PSN)
$ 50.94 +3.89 (+8.27%) Market Cap: 5.45 Bil Enterprise Value: 6.95 Bil PE Ratio: 24.37 PB Ratio: 2.06 GF Score: 80/100

Q3 2025 Parsons Corp Earnings Call Transcript

Nov 5, 2025 / 01:00 PM GMT
Release Date Price: $82.91 (+4.21%)

Key Points

Positve
  • Parsons Corp (PSN) achieved industry-leading organic revenue growth, with a 14% increase in total revenue and 9% organic growth, excluding the confidential contract.
  • The company expanded its adjusted EBITDA margin by 60 basis points to 9.8%, exceeding cash flow expectations.
  • Parsons Corp (PSN) won four contracts over $100 million in the third quarter, including significant new work in national security and infrastructure.
  • The company completed a strategic acquisition in the fast-growing and profitable water market, enhancing its capabilities and presence in Florida.
  • Parsons Corp (PSN) has a robust pipeline with $58 billion in opportunities, including 115 contracts worth $100 million or more, indicating strong future growth potential.
Negative
  • The company faced delays in sole source task order awards and material procurements, impacting revenue outlook.
  • Federal solutions revenue, including the confidential contract, decreased by 29% from the prior year period.
  • The confidential contract is winding down, contributing to a decrease in adjusted EBITDA by 5% from the prior year period.
  • Parsons Corp (PSN) experienced a 10% decrease in total revenue, including the confidential contract, from the prior year period.
  • The federal solutions segment reported a book-to-bill ratio of 0.8 times, indicating potential challenges in securing new federal contracts.


Refinitiv StreetEvents Event Transcript
P R E L I M I N A R Y V E R S I O N

PSN.N - Parsons Corp
Q3 2025 Parsons Corp Earnings Call
Nov 05, 2025 / 01:00PM GMT

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Conference Call Participants
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* >>NOTE
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Presentation
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>>NOTE [1]
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THIS TRANSCRIPT IS THE INITIAL PRELIMINARY VERSION WHICH LEVERAGES MACHINE LEARNING TECHNOLOGY. AS SUCH, PLEASE BE AWARE THERE MAY BE INACCURACIES IN THE TEXT DISPLAYED. FUTURE EDITED VERSIONS WILL BE REVIEWED FOR GREATER ACCURACY.

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>>Transcription Start, [2]
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Goodda, everyone, and welcome to the 3rd quarter, 2025 Parsons Corporation earnings conference call. At this time, all participants are in a
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