Parsons Reports Record Profitability and Strong Backlog Amidst Fiscal 2026
Parsons Corporation (NYSE:PSN) reported record profitability in the first quarter of fiscal 2026, with an adjusted EBITDA margin of 10.1% and $151 million in adjusted EBITDA. The company also achieved a total backlog of $9.3 billion and secured significant contract awards totaling over $2 billion.
Topics: backlog contract awards guidance profitability