{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-060541","form_type":"8-K","ticker":"PSN","cik":"0000275880","company_name":"PARSONS CORP","filed_at":"2025-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.876393+00:00","generated_at":"2026-05-23T02:48:47.352551+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Parsons reports record Q1 revenue $1.6B, EPS $0.60, adjusted EBITDA $149M, reiterates FY2025 guidance","bullets":["Record Q1 revenue $1.6B (+1% YoY, -2% organic); ex-confidential contract revenue +11% (+7% organic).","GAAP diluted EPS $0.60 vs $0.37 (+61%); adjusted EPS $0.78 vs $0.70 (+11%).","Record adjusted EBITDA $149M (+5%), margin 9.6% (+40bps). Record backlog $9.1B, book-to-bill 1.1x.","Critical Infrastructure: revenue +14%, adj. EBITDA +51% to $73.2M; Federal Solutions: revenue -7%, adj. EBITDA -18%.","Board increased buyback authorization to $250M; FY2025 guidance reiterated: rev $7.0-7.5B, adj. EBITDA $640-710M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-060541","json":"https://secwatch.observer/filing/0000950170-25-060541.json","markdown":"https://secwatch.observer/filing/0000950170-25-060541.md","text":"https://secwatch.observer/filing/0000950170-25-060541.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/275880/000095017025060541/0000950170-25-060541-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/275880/000095017025060541/psn-20250430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T02:48:47.352551+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}