---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-017652"
form_type: "8-K"
ticker: "PSN"
cik: "0000275880"
company_name: "PARSONS CORP"
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T00:57:21.949404+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Parsons Q1 revenue up 9% to $949M; net income +129%; reiterates FY22 guidance

## Summary
- Revenue $949M (+9% YoY), organic growth 6%; net income $21M vs $9M prior year.
- Adjusted EBITDA $74M (+8% YoY); adjusted EPS $0.40 vs $0.34.
- Federal Solutions revenue $492M (+9%), adjusted EBITDA margin 8.7% up 160 bps.
- Critical Infrastructure revenue $457M (+8% organic), but adj EBITDA margin down to 6.9% on change order.
- Book-to-bill 1.0x; total backlog $8.2B; FY22 guidance reaffirmed: rev $3.7–3.9B, adj EBITDA $315–345M.

## SEC filing metadata
- accession: 0001564590-22-017652
- form_type: 8-K
- ticker: PSN
- cik: 0000275880
- company_name: PARSONS CORP
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/275880/000156459022017652/0001564590-22-017652-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/275880/000156459022017652/psn-8k_20220504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-017652
- JSON: https://secwatch.observer/filing/0001564590-22-017652.json
- Plain text: https://secwatch.observer/filing/0001564590-22-017652.txt

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