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How Parsons (PSN) makes money
Parsons (PSN) made $1.7B of revenue in the third quarter 2026 (Q3 2026), +2% from a year earlier. Critical Infrastructure Segment brought in $846M (51%); Federal Solution Segment brought in $805M (49%). Of every dollar of revenue, 6¢ was left as operating profit, 3¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Critical Infrastructure Segment | $846M | 51.3% | +4% | +2% |
| Federal Solution Segment | $805M | 48.7% | +6% | +2% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.7B | 100.0% |
| Operating profit | $104M | 6.3% |
| Income tax | $20.4M | 1.2% |
| Net earnings | $54.2M | 3.3% |
| Operating cash flow | $269M | 16.3% |
| Free cash flow | $251M | 15.2% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.7B | +2% |
| Q2 2026 | $1.6B | -0.5% |
| Q1 2026 | $1.5B | -4% |
| Q4 2025 | $1.6B | -8% |
| Q3 2025 | $1.6B | -10% |
| Q2 2025 | $1.6B | -5% |
| Q1 2025 | $1.6B | +1% |
From Parsons' 10-Q filed Oct 28, 2026 (on EDGAR).
Questions
How does Parsons make money?
Parsons (PSN) made $1.7B of revenue in the third quarter 2026 (Q3 2026), +2% from a year earlier. Critical Infrastructure Segment brought in $846M (51%); Federal Solution Segment brought in $805M (49%). Of every dollar of revenue, 6¢ was left as operating profit, 3¢ was left as net earnings.
What is Parsons' biggest business?
Critical Infrastructure Segment: $846M in the third quarter 2026, 51% of revenue, +2% from a year earlier.
What is Parsons' profit margin?
Net earnings were $54.2M, 3.3% of revenue, in the third quarter 2026; the operating margin was 6.3%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.