{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-22-036204","form_type":"8-K","ticker":"PSN","cik":"0000275880","company_name":"PARSONS CORP","filed_at":"2022-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.107839+00:00","generated_at":"2026-06-22T15:42:32.735594+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Parsons Q3 revenue up 19% to $1.13B; net income up 53%; raises FY2022 guidance","bullets":["Revenue $1,134M (+19% YoY) with organic growth of 11%; Federal Solutions +24%, Critical Infrastructure +13%.","Net income $30M (+53%); GAAP EPS $0.27 vs $0.18; Adjusted EBITDA $103M (+22%); Adjusted EPS $0.48 vs $0.44.","Book-to-bill 1.1x on $1.3B net bookings; backlog $8.2B; cash from operations $123M in Q3 (+59% YoY).","FY2022 guidance raised: revenue $4.05-4.20B, adjusted EBITDA $340-360M, cash flow $255-275M (midpoints up).","Notable wins: $121M cyber contract option, $120M Middle East cities, $117M FAA services, $104M TEAMS Next."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-22-036204","json":"https://secwatch.observer/filing/0001564590-22-036204.json","markdown":"https://secwatch.observer/filing/0001564590-22-036204.md","text":"https://secwatch.observer/filing/0001564590-22-036204.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/275880/000156459022036204/0001564590-22-036204-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/275880/000156459022036204/psn-8k_20221102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T15:42:32.735594+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":"f68a840c2da602cc031f568533807ce4d9cdf328","claim":"PARSONS CORP reported the third quarter ended September 30, 2022 results: revenue $1,134 million, net income $30 million, EPS $0.27. Guidance raised.","evidence_excerpt":"99.1 Parsons* third quarter 2022 earnings press release Parsons Reports Strong Third Quarter 2022 Results Q3 2022 Financial Highlights ▪ Revenue increases 19% year-over-year to $1,134 million, includes organic growth of 11% ▪ Organic revenue growth driven by both segments: Critical Infrastructure 13% and Federal Solutions 10% ▪ Net income increases 53% to $30 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/275880/000156459022036204/0001564590-22-036204-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2022"},{"label":"Revenue","value":"$1,134 million"},{"label":"Net income","value":"$30 million"},{"label":"EPS","value":"$0.27"},{"label":"Guidance","value":"raised"},{"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"}