---
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"
generated_at: "2026-05-23T02:48:47.352551+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Parsons reports record Q1 revenue $1.6B, EPS $0.60, adjusted EBITDA $149M, reiterates FY2025 guidance

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-060541
- JSON: https://secwatch.observer/filing/0000950170-25-060541.json
- Plain text: https://secwatch.observer/filing/0000950170-25-060541.txt

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