---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-006025"
form_type: "8-K"
ticker: "PSN"
cik: "0000275880"
company_name: "PARSONS CORP"
filed_at: "2022-02-23T23:59:59+00:00"
generated_at: "2026-06-27T05:40:17.231278+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Parsons reports Q4 revenue $951M, adj EBITDA $91M; issues FY22 revenue guidance $3.7-3.9B

## Summary
- Q4 revenue $951M (-1% YoY, -6% organic); net income $29M; adj EPS $0.55 vs $0.51 YoY.
- FY22 guidance: revenue $3.7B-$3.9B, adj EBITDA $315M-$345M, cash from ops $240M-$280M.
- Won $2B Faro Mine contract (one of largest awards) plus two other ~$100M awards in Q4.
- Total backlog $8.3B (+3% YoY); book-to-bill 1.25x for FY21.
- Cash from ops Q4 $90M, FY $206M; net debt to adj EBITDA leverage 0.8x.

## SEC filing metadata
- accession: 0001564590-22-006025
- form_type: 8-K
- ticker: PSN
- cik: 0000275880
- company_name: PARSONS CORP
- filed_at: 2022-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/275880/000156459022006025/0001564590-22-006025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/275880/000156459022006025/psn-8k_20220223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-006025
- JSON: https://secwatch.observer/filing/0001564590-22-006025.json
- Plain text: https://secwatch.observer/filing/0001564590-22-006025.txt

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