Parsons Corporation Reports Strong Q1 2026 Earnings with Record Margins and Backlog

Parsons Corporation reported record adjusted EBITDA margin of 10.1% and total backlog of $9.3 billion in Q1 2026, driven by strategic acquisitions and strong performance in federal solutions and critical infrastructure. The company reaffirmed its 2026 guidance and highlighted growth opportunities from a $1.5 trillion defense budget proposal for fiscal year 2027.

By Moby Intelligence Wed, April 29, 2026 at 7:51 PM GMT+3 3 min read · Yahoo Finance · April 29, 2026, 16:51 UTC

Tickers: $PSN

Topics: backlog cybersecurity defense budget earnings EBITDA infrastructure M&A

Read the full article at Yahoo Finance

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