earnings
confidence high
sentiment positive
materiality 0.80
Parsons Q2 revenue $1.6B -5% YoY; raises FY2025 guidance; acquires CTI for $89M
PARSONS CORP
2025-Q2 EPS reported
$1.10
revenue$3,138,683,000
- Q2 net income $55M (-20% YoY); adjusted EPS $0.78 vs $0.84.
- Adjusted EBITDA margin expanded 40 bps to 9.4%; revenue ex-confidential contract up 13%.
- Total backlog $8.9B; funded backlog $6.2B highest since 2019 IPO.
- FY2025 guidance raised: revenue $6.48-6.68B, adj. EBITDA $595-635M, operating cash flow $400-440M.
- Closed CTI acquisition for $89M; won three >$100M single-award contracts in Q2.
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