Filing Flows › Parsons (PSN) › Q2 2026
Parsons (PSN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Parsons (PSN) reported revenue of $1.6B for the second quarter 2026 (Q2 2026), -0.5% from a year earlier and +6% from the quarter before. Operating margin was 0.1%, net loss $465K (0.0% of revenue).
Parsons, Q2 2026: revenue $1.6B (-0.5% year over year), operating margin 0.1%, net loss $465K, operating cash flow $57.6M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | +6% | -0.5% |
| Operating profit | $1.3M | -99% | -99% |
| Net earnings | −$465K | -101% | -101% |
| Operating cash flow | $57.6M | — | -64% |
| Free cash flow | $41.5M | — | -72% |
What changed
Revenue was $1.6B in Q2 2026, down 1% year over year and up 6% from the previous quarter. Critical Infrastructure Segment was the largest line at 52% of revenue. Federal Solution Segment lost $0.04B year over year (down 6%), 527% of the total change.
Operating profit was $1.3M, a 0.1% margin (down 6.0 points year over year). Total costs grew 6% against a revenue fall of 1%. The quarter ended with a net loss of $465K, after a profit of $0.07B the previous quarter. Non-operating items added $2.5M, 66% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $0.06B (down 64% year over year). Non-cash charges added back $0.04B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.01B. Capital expenditures of $0.02B left free cash flow of $0.04B.
Questions
What was Parsons' revenue in the second quarter 2026?
Parsons (PSN) reported revenue of $1.6B for the second quarter 2026 (Q2 2026), -0.5% from a year earlier and +6% from the quarter before.
Was Parsons profitable in the second quarter 2026?
Operating profit was $1.3M (0.1% of revenue) and net loss $465K.
Source: Parsons 10-Q on SEC EDGAR.