---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-027606"
form_type: "8-K"
ticker: "PSN"
cik: "0000275880"
company_name: "PARSONS CORP"
filed_at: "2022-08-03T23:59:59+00:00"
generated_at: "2026-06-24T05:29:16.058927+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Parsons Q2 revenue up 15% to $1.01B; raises FY2022 guidance

## Summary
- Revenue $1,009M (+15% YoY, 9% organic); GAAP EPS $0.17 vs $0.06; adjusted EPS $0.41 vs $0.32.
- Adjusted EBITDA $77M (+18%); Fed Solutions margin 8.9% (+150bps), Critical Infrastructure margin 6.3% (-130bps).
- Completed Xator acquisition for $388M, funded by cash and revolver; expands national security and critical infrastructure.
- FY2022 guidance raised: revenue $3.95B-$4.15B; adj. EBITDA $330M-$360M; cash flow from ops reiterated at $240M-$280M.
- Book-to-bill 1.0x; total backlog $8.2B; Q2 operating cash flow $51M (incl. $8M Xator transaction costs).

## SEC filing metadata
- accession: 0001564590-22-027606
- form_type: 8-K
- ticker: PSN
- cik: 0000275880
- company_name: PARSONS CORP
- filed_at: 2022-08-03T23:59:59+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/275880/000156459022027606/0001564590-22-027606-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/275880/000156459022027606/psn-8k_20220803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-027606
- JSON: https://secwatch.observer/filing/0001564590-22-027606.json
- Plain text: https://secwatch.observer/filing/0001564590-22-027606.txt

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