Parsons Corporation $(PSN)$ reported fourth quarter (Q4) 2025 revenue of USD 1.6 billion, representing a decrease of 8% year-over-year, and a net income attributable to shareholders of USD 56 million, a 3% increase year-over-year, marking a record for the fourth quarter. Adjusted EBITDA reached a quarterly record of USD 153 million, up 5%, with an adjusted EBITDA margin of 9.6%. Cash flow from operations in Q4 rose by 32% to USD 168 million. The company’s book-to-bill ratio stood at 0.9x for the quarter, maintaining a trailing twelve-month book-to-bill ratio of at least 1.0x in every quarter since its IPO. For the full year (FY) 2025, Parsons Corporation posted revenue of USD 6.4 billion, a 6% decrease year-over-year. Excluding a confidential contract, total revenue grew by 12%. Net income attributable to shareholders for the year was USD 241 million, up 3% and a record annual figure. Adjusted EBITDA was USD 609 million, up 1%, with a full-year adjusted EBITDA margin of 9.6%, both record highs. Cash flow from operations for the year decreased by 9% to USD 478 million, with free cash flow conversion at 100%. Parsons also secured 15 contracts valued at USD 100 million or greater, matching the company’s record from the previous year. The company’s CEO highlighted double-digit revenue growth excluding the confidential contract, record adjusted EBITDA, and continued strong contract wins, despite a dynamic federal government macroenvironment. Parsons also established fiscal year 2026 guidance and outlined long-term financial targets.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parsons Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9652442-en) on February 11, 2026, and is solely responsible for the information contained therein.