Parsons Corporation Reports Q3 2026 Results Exceeding Commitments and Provides Future Growth Guidance
Parsons Corporation (PSN) reported third-quarter 2026 results that surpassed management's internal commitments across key financial metrics, including revenue, adjusted EBITDA, adjusted EBITDA margin, and operating cash flow. CEO Carey Smith noted that demand remains robust within both the Federal Solutions and Critical Infrastructure segments, despite facing a challenging macroeconomic environment. Looking ahead, the company provided updated guidance for 2026, narrowing its projected adjusted EBITDA to a range of $510 million to $515 million. Furthermore, Parsons issued optimistic long-term projections, anticipating product growth in the range of 20% to 30% by the year 2027.
Tickers: $PSN
Topics: earnings report EBITDA operating cash flow revenue growth