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Parsons vs Open Text: PSN and OTEX compared
Parsons is the larger company: $1.7B of revenue in its latest quarter (Q3 2026) against $1.2B for Open Text (Q1 FY27). Parsons is growing faster (+2% against -4% a year earlier). Open Text is more profitable, with an operating margin of 20.3% against 6.3%.
Where the money goes: PSN and OTEX
Parsons (PSN) · Q3 2026
Parsons, Q3 2026: revenue $1.7B (+2% year over year), operating margin 6.3%, net earnings $54.2M, operating cash flow $269M. The chart follows the revenue to costs, profit and cash.
Open Text (OTEX) · Q1 FY27
Open Text, Q1 FY27: revenue $1.2B (-4% year over year), operating margin 20.3%, net earnings $155M, operating cash flow $172M. The chart follows the revenue to costs, profit and cash.
| Parsons (PSN) | Open Text (OTEX) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q1 FY27 |
| Revenue | $1.7B | $1.2B |
| Revenue growth, Y/Y | +2% | -4% |
| Gross margin | — | 73.2% |
| Operating margin | 6.3% | 20.3% |
| Net earnings | $54.2M | $155M |
| Net margin | 3.3% | 12.6% |
| Operating cash flow | $269M | $172M |
| Free cash flow | $251M | $139M |
| Market value | $5.1B | $6.0B |
| P/E | 35.1× | 9.3× |
| Analysts’ mean target | $60.45 | $27.95 |
Where the revenue comes from
Parsons
- Critical Infrastructure Segment: $846M (51%)
- Federal Solution Segment: $805M (49%)
Open Text
- Cloud services and subscriptions: $505M (41%)
- Business Network: $314M (25%)
- Content: $163M (13%)
- Cybersecurity (SMB & Consumer): $128M (10%)
Questions
Which is bigger, Parsons or Open Text?
Parsons is the larger company: $1.7B of revenue in its latest quarter (Q3 2026) against $1.2B for Open Text (Q1 FY27).
Is Parsons or Open Text growing faster?
Parsons is growing faster (+2% against -4% a year earlier).
Which is more profitable, Parsons or Open Text?
Open Text is more profitable, with an operating margin of 20.3% against 6.3%.
More: Parsons earnings · how Parsons makes money · Open Text earnings · how Open Text makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 28, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.