Parsons Reports First Quarter 2026 Results
ParsonsParsons(US:PSN) Globenewswire·2026-04-29 18:30

Q1 2026 Financial Highlights Q1 revenue of $1.5 billion decreased 4% year-over-year and 8% on an organic basisRevenue growth of 8% excluding confidential contract; 3% on an organic basisNet income of $53 million decreased $13 million year-over-yearAdjusted EBITDA increased 1% to $151 million, a Q1 recordAdjusted EBITDA margin expanded 50 basis points to a record 10.1%Cash flow used in operating activities of $4 million, a Q1 recordBook-to-bill ratio of 1.4x in both segments extends company streak of TTM bo ...

Parsons Reports First Quarter 2026 Results - Reportify