# Parsons Corporation (PSN) · Edgar & Edgarette company card

> Parsons (PSN) saw revenue fall 5.7% in FY2025 to $6.4 billion, operating margin 6.6%, in line with the 6.6% median for services-computer integrated systems design, equity 45.8% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 275880 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/PSN) · [JSON](https://www.pops4.com/boards/company/PSN.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $6.4B |
| Revenue growth, 1 year | -5.7% |
| Revenue growth per year | 14.8% |
| Operating margin | 6.6% (prior year 6.3%) |
| Net margin | 4.9% |
| Operating cash flow | $478M |
| Capital spending | $68M |
| Free cash flow | $410M |
| Cash | $466M |
| Long-term debt | $1.2B |
| Total assets | $5.8B |
| Total equity | $2.6B |
| Equity ÷ assets | 45.8% |
| Return on equity | 11.7% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 3.09 (safe zone)
- Piotroski F: 7 of 9 (solid)
- Beneish M: -2.65 (below the −1.78 line)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: Fast, cash not yet · growing fast, but little cash arriving so far

## Edgarette's reading

Exposure: revenue $6.4B (FY2025), total debt $1.2B. Experience: revenue down 5.7% on the year, up 14.8% a year over 4 years; operating margin 6.6%, up from 6.3%. Soundness: equity 45.8% of assets, return on equity 11.7%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $5.5B and $7.7B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $4.8B to $8.8B. A statistical range, not company guidance. Against peers (23 filers, $50M+ revenue, services-computer integrated systems design): operating margin 6.6% against a 6.6% median; growth -5.7% against 6.0%.

Range logged 2026-10-29, receipt bd9548b73ec28294, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 5, latest 2026-10-28 ([filing](https://www.sec.gov/Archives/edgar/data/275880/000119312526435047/0001193125-26-435047-index.htm))

## Recent filings

- 8-K · filed 2026-10-28 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/275880/000119312526435047/0001193125-26-435047-index.htm)
- 10-Q · filed 2026-10-28 · [filing](https://www.sec.gov/Archives/edgar/data/275880/000119312526435045/0001193125-26-435045-index.htm)
- 8-K · filed 2026-10-28 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/275880/000119312526435041/0001193125-26-435041-index.htm)
- 10-Q · filed 2026-07-29 · [filing](https://www.sec.gov/Archives/edgar/data/275880/000119312526322066/0001193125-26-322066-index.htm)
- 8-K · filed 2026-07-29 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/275880/000119312526322054/0001193125-26-322054-index.htm)
- 8-K · filed 2026-04-29 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/275880/000119312526188898/0001193125-26-188898-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000275880.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=275880

## Cite

POPS4, Edgar & Edgarette: Parsons Corporation (PSN) company card, from the company's own SEC filings, accessed 2026-10-29, https://www.pops4.com/boards/company/PSN. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.