Parsons (PSN) reported second-quarter 2026 revenue of $1.6 billion, down 1% from a year earlier, and net loss attributable to Parsons Corporation of $15.2 million. GAAP diluted earnings per share attributable to Parsons was negative $0.14, compared with $0.50 in the prior-year period.
The company said results were affected by portfolio-shaping actions and charges on a joint venture program. Parsons also reported a 1.2x book-to-bill ratio, total backlog of $9.3 billion and funded backlog of $6.6 billion.
- Second-quarter revenue was $1.575 billion, compared with $1.584 billion a year earlier.
- Net loss attributable to Parsons Corporation was $15.2 million, compared with net income of $55.2 million a year earlier.
- GAAP basic and diluted EPS were both negative $0.14.
- Federal Solutions revenue fell 6% year over year to $761 million.
- Critical Infrastructure revenue rose 5% year over year to $815 million.
- Parsons updated fiscal 2026 revenue guidance to a range of $6.2 billion to $6.5 billion.
$PSN Insider Trading Activity
$PSN insiders have traded $PSN stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $PSN stock by insiders over the last 6 months:
- MARK KEITH HOLDSWORTH has made 2 purchases buying 10,000 shares for an estimated $512,673 and 0 sales.
- GEORGE L. BALL purchased 10,000 shares for an estimated $500,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$PSN Hedge Fund Activity
We have seen 146 institutional investors add shares of $PSN stock to their portfolio, and 184 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP added 2,505,359 shares (+364.4%) to their portfolio in Q1 2026, for an estimated $135,715,297
- ARTISAN PARTNERS LIMITED PARTNERSHIP removed 2,377,612 shares (-96.0%) from their portfolio in Q1 2026, for an estimated $128,795,242
- FMR LLC removed 1,331,539 shares (-57.4%) from their portfolio in Q1 2026, for an estimated $72,129,467
- SWEDBANK AB added 1,282,425 shares (+53.7%) to their portfolio in Q2 2026, for an estimated $67,186,245
- FIL LTD removed 913,685 shares (-76.2%) from their portfolio in Q1 2026, for an estimated $49,494,316
- COOPER CREEK PARTNERS MANAGEMENT LLC added 467,672 shares (+1248.6%) to their portfolio in Q1 2026, for an estimated $25,333,792
- MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. added 463,094 shares (+45.4%) to their portfolio in Q1 2026, for an estimated $25,085,801
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
