{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-188898","form_type":"8-K","ticker":"PSN","cik":"0000275880","company_name":"PARSONS CORP","filed_at":"2026-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.535484+00:00","generated_at":"2026-05-15T02:26:32.757591+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 Q1: Adj EBITDA record $151M (margin 10.1%); backlog $9.3B record; revenue $1.5B down 4%","bullets":["GAAP net income $53M ($0.49 EPS) vs $0.60 prior year; adjusted EPS $0.79 vs $0.78.","Revenue $1.5B down 4% YoY; organic revenue down 8%; up 8% excluding confidential contract.","Segment: Critical Infra rev +3%, EBITDA +8% (margin 10.8%); Federal Solutions rev -10%, EBITDA -5% (margin 9.4%).","Book-to-bill 1.4x; total backlog $9.3B and funded backlog $6.6B, both records since IPO.","Closed Altamira acquisition up to $375M; won $593M FAA extension, $500M Cyber Command, $340M Middle East transport contract."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-188898","json":"https://secwatch.observer/filing/0001193125-26-188898.json","markdown":"https://secwatch.observer/filing/0001193125-26-188898.md","text":"https://secwatch.observer/filing/0001193125-26-188898.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/275880/000119312526188898/0001193125-26-188898-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/275880/000119312526188898/psn-20260429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T02:26:32.757591+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":[{"claim_id":"ad7049da34f9bf113ef62a1e09aae538516a8d3b","claim":"PARSONS CORP updated its the first quarter ended March 31, 2026 guidance (reaffirmed).","evidence_excerpt":"Parson Corporation (the \"Company\") issued a press release announcing its financial results for the quarter ended March 31, 2026 and certain other financial information.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/275880/000119312526188898/0001193125-26-188898-index.htm","confidence":0.4,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2026"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}