---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-322054"
form_type: "8-K"
ticker: "PSN"
cik: "0000275880"
company_name: "PARSONS CORP"
filed_at: "2026-07-29T10:30:16+00:00"
generated_at: "2026-07-29T10:35:27.408744+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Parsons Q2 net loss $15M on $118M charges; cuts FY2026 guidance

## Summary
- Q2 revenue $1.6B (-1% YoY); net loss $15M (GAAP EPS -$0.14) vs prior year net income $55M.
- Adjusted EBITDA $42M (-72% YoY); excluding $118M charges, adjusted EBITDA $161M (+8%).
- FY2026 guidance cut: revenue $6.2B-$6.5B (from $6.5B-$6.8B), adjusted EBITDA $500M-$560M (from $615M-$675M).
- Book-to-bill 1.2x; contract awards up 24% YoY; total backlog $9.3B.
- Federal Solutions revenue down 6% (organic -14%); Critical Infrastructure up 5% (organic +4%).

## SEC filing metadata
- accession: 0001193125-26-322054
- form_type: 8-K
- ticker: PSN
- cik: 0000275880
- company_name: PARSONS CORP
- filed_at: 2026-07-29T10:30:16+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/275880/000119312526322054/0001193125-26-322054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/275880/000119312526322054/psn-20260729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-322054
- JSON: https://secwatch.observer/filing/0001193125-26-322054.json
- Plain text: https://secwatch.observer/filing/0001193125-26-322054.txt

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