{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-23-001911","form_type":"8-K","ticker":"PSN","cik":"0000275880","company_name":"PARSONS CORP","filed_at":"2023-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.558281+00:00","generated_at":"2026-06-19T12:19:35.189884+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 reports record Q4 2022 revenue of $1.1B and FY revenue of $4.2B; guides FY2023 revenue $4.375-4.575B","bullets":["Q4 2022 revenue $1.1B (+16% total, +9% organic); adjusted EBITDA $98M record; net income $28M.","FY2022 revenue $4.2B record (+15%); adjusted EBITDA $353M record; net income $97M; diluted EPS $0.87.","FY2023 guidance: revenue $4.375-4.575B, adjusted EBITDA $365-405M, cash from ops $270-330M.","Won $2B Giant Mine remediation contract (12-year); booked $270M in Q4; total 11 contract wins >$100M each.","Federal Solutions Q4 rev $563M (+14%); Critical Infrastructure Q4 rev $540M (+18%) all organic."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-23-001911","json":"https://secwatch.observer/filing/0001564590-23-001911.json","markdown":"https://secwatch.observer/filing/0001564590-23-001911.md","text":"https://secwatch.observer/filing/0001564590-23-001911.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/275880/000156459023001911/0001564590-23-001911-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/275880/000156459023001911/psn-8k_20230215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T12:19:35.189884+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":"b48ba7e181d1f5b1aa27eabd5d952eca26211f20","claim":"PARSONS CORP reported the fiscal year ended December 31, 2022 results: revenue $4.2 billion, net income $97 million, EPS $0.87.","evidence_excerpt":"EBITDA of $98 million ▪ Cash flow from operations of $89 million ▪ Book-to-bill ratio of 1.0x in Q4 2022 and for fiscal year 2022 Fiscal Year 2022 Highlights ▪ Record revenue of $4.2 billion, representing total growth of 15% and organic growth of 9% ▪ Net income of $97 million ▪ Record adjusted EBITDA of $353 million ▪ Cash flow from operations of $238 million ▪ Won","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/275880/000156459023001911/0001564590-23-001911-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2022"},{"label":"Revenue","value":"$4.2 billion"},{"label":"Net income","value":"$97 million"},{"label":"EPS","value":"$0.87"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c73f438ee4155e004da6113b343b6d5b954f5a8b","claim":"PARSONS CORP reported the fourth quarter ended December 31, 2022 results: revenue $1.1 billion, net income $28 million, EPS $0.25.","evidence_excerpt":"Release Parsons Reports Record Revenue and Adjusted EBITDA Results for the Fourth Quarter and Fiscal Year 2022 Q4 2022 Financial Highlights ▪ Record fourth quarter revenue of $1.1 billion, representing total growth of 16% and organic growth of 9% ▪ Net income of $28 million ▪ Record fourth quarter adjusted EBITDA of $98 million ▪ Cash flow from operations of $89","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/275880/000156459023001911/0001564590-23-001911-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2022"},{"label":"Revenue","value":"$1.1 billion"},{"label":"Net income","value":"$28 million"},{"label":"EPS","value":"$0.25"},{"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"}