Filing Flows › Parsons (PSN) › Q3 2026 › vs Q2 2026
Parsons (PSN) Q3 2026 vs Q2 2026 (quarter over quarter)
Parsons's revenue rose $74.7M (+5%) from $1.6B in Q2 2026 to $1.7B in Q3 2026. The biggest changes: Federal Solution Segment +$43.7M (+6%); Critical Infrastructure Segment +$31.0M (+4%). Operating margin 6.3% against 0.1% (+6.2 pts).
Parsons, Q3 2026: revenue $1.7B (+2% year over year), operating margin 6.3%, net earnings $54.2M, operating cash flow $269M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 6.3% | 0.1% | +6.2 pts |
| Net margin | 3.3% | -1.0% | +4.2 pts |
| Free cash flow margin | 15.2% | 2.6% | +12.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Critical Infrastructure Segment | $846M | $815M | $31.0M | +4% |
| Federal Solution Segment | $805M | $761M | $43.7M | +6% |
| Revenue | $1.7B | $1.6B | $74.7M | +5% |
| Operating profit | $104M | $1.3M | $103M | 80× |
| Costs & expenses | $1.5B | $1.6B | −$27.8M | -2% |
| Pre-tax earnings | $87.9M | $3.8M | $84.1M | 23× |
| Other expense, net | $16.0M | −$2.5M | $18.4M | — |
| Net earnings | $54.2M | −$15.2M | $69.4M | — |
| Minority interests | $13.3M | $14.8M | −$1.5M | -10% |
| Income tax | $20.4M | $4.2M | $16.2M | +384% |
| Depreciation & amortization | $34.1M | $36.6M | −$2.5M | -7% |
| Share-based compensation | $12.3M | $11.2M | $1.2M | +10% |
| Working capital & other | $168M | $25.0M | $143M | +572% |
| Operating cash flow | $269M | $57.6M | $211M | +367% |
| Free cash flow (OCF − capex) | $251M | $41.5M | $209M | +505% |
| Capital expenditures | $17.9M | $16.1M | $1.8M | +11% |
Questions
How much did Parsons's revenue grow quarter over quarter in Q3 2026?
Parsons's revenue rose $74.7M (+5%) from $1.6B in Q2 2026 to $1.7B in Q3 2026.
What drove Parsons's revenue change in Q3 2026?
Federal Solution Segment +$43.7M (+6%); Critical Infrastructure Segment +$31.0M (+4%).