---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-088218"
form_type: "8-K"
ticker: "PSN"
cik: "0000275880"
company_name: "PARSONS CORP"
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:34:20.199853+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Parsons reports record Q2 2024 revenue of $1.7B, up 23% YoY; raises full-year guidance

## Summary
- Record revenue $1.7B (+23% YoY); organic growth 22% for fifth consecutive quarter above 20%.
- Net income $69M (+60%); diluted EPS $0.63; adjusted EPS $0.84 (vs $0.63 prior year).
- Adjusted EBITDA $150M (+27%); margin expanded 30 bps to 9.0%.
- After quarter end, entered into definitive agreement to acquire BlackSignal Technologies for ~$200M.
- FY 2024 guidance raised: revenue $6.35-6.55B, adj. EBITDA $555-595M, cash from ops $395-455M.

## SEC filing metadata
- accession: 0000950170-24-088218
- form_type: 8-K
- ticker: PSN
- cik: 0000275880
- company_name: PARSONS CORP
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/275880/000095017024088218/0000950170-24-088218-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/275880/000095017024088218/psn-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-088218
- JSON: https://secwatch.observer/filing/0000950170-24-088218.json
- Plain text: https://secwatch.observer/filing/0000950170-24-088218.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.