secwatch.observer — SEC 8-K summary
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Issuer:     PARSONS CORP (PSN)
CIK:        0000275880
Form:       8-K
Filed at:   2026-02-11T23:59:59+00:00
Accession:  0001193125-26-045483
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Parsons Q4 rev $1.6B (-8% YoY); record adj EBITDA $153M; FY26 guidance $6.5-$6.8B
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- Q4 net income $56M (+3%), GAAP EPS $0.51, adj EPS $0.75; FY25 net income $241M (+3%), adj EPS $3.17.
- Critical Infrastructure Q4 rev +12% to $820M, adj EBITDA +87% to $87M; Federal Solutions rev -22% to $784M.
- FY25 record adj EBITDA $609M (+1%), margin 9.6% (+60bps); cash from ops $478M (-9%).
- FY26 guidance: rev $6.5-$6.8B, adj EBITDA $615-$675M, cash flow $470-$530M.
- Won 15 contracts >$100M in FY25; closed Altamira acquisition for up to $375M after Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/275880/000119312526045483/0001193125-26-045483-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/275880/000119312526045483/psn-20260211.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-045483

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer