Parsons (PSN) Revenue & Revenue Breakdown
Parsons Revenue Highlights
Latest Revenue (Y)
$5.44B
Latest Revenue (Q)
$1.67B
Main Segment (Y)
Critical Infrastructure Segment
Main Geography (Y)
North America
Parsons Revenue by Period
Parsons Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $5.44B | 29.74% |
| 2022-12-31 | $4.20B | 14.60% |
| 2021-12-31 | $3.66B | -6.59% |
| 2020-12-31 | $3.92B | -0.91% |
| 2019-12-31 | $3.95B | 11.07% |
| 2018-12-31 | $3.56B | 18.01% |
| 2017-12-31 | $3.02B | -0.73% |
| 2016-12-31 | $3.04B | -5.57% |
| 2015-12-25 | $3.22B | 3.91% |
| 2014-12-26 | $3.10B | - |
Parsons generated $5.44B in revenue during NA 2023, up 29.74% compared to the previous quarter, and up 152.86% compared to the same period a year ago.
Parsons Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $1.67B | 8.78% |
| 2024-03-31 | $1.54B | 2.77% |
| 2023-12-31 | $1.49B | 5.33% |
| 2023-09-30 | $1.42B | 4.58% |
| 2023-06-30 | $1.36B | 15.60% |
| 2023-03-31 | $1.17B | 6.38% |
| 2022-12-31 | $1.10B | -2.76% |
| 2022-09-30 | $1.13B | 12.46% |
| 2022-06-30 | $1.01B | 6.29% |
| 2022-03-31 | $949.07M | -0.17% |
| 2021-12-31 | $950.67M | -0.56% |
| 2021-09-30 | $956.05M | 8.72% |
| 2021-06-30 | $879.36M | 0.53% |
| 2021-03-31 | $874.70M | -9.29% |
| 2020-12-31 | $964.26M | -3.98% |
| 2020-09-30 | $1.00B | 2.53% |
| 2020-06-30 | $979.46M | 0.87% |
| 2020-03-31 | $970.99M | -6.40% |
| 2019-12-31 | $1.04B | 1.38% |
| 2019-09-30 | $1.02B | 3.39% |
| 2019-06-30 | $989.74M | 9.44% |
| 2019-03-31 | $904.40M | -2.64% |
| 2018-12-31 | $928.94M | -4.84% |
| 2018-09-30 | $976.16M | 8.37% |
| 2018-06-30 | $900.73M | 19.35% |
| 2018-03-31 | $754.68M | - |
Parsons generated $1.67B in revenue during Q2 2024, up 8.78% compared to the previous quarter, and up 142.35% compared to the same period a year ago.
Parsons Revenue Breakdown
Parsons Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 |
|---|---|
| Critical Infrastructure Segment | $37.90M |
Parsons's latest annual revenue breakdown by segment (product or service), as of Dec 23: Critical Infrastructure Segment (100.00%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Dec 23 | Jun 23 |
|---|---|---|---|
| Federal Solution Segment | $988.60M | - | - |
| Critical Infrastructure Segment | $681.86M | $33.90M | $4.00M |
Parsons's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Federal Solution Segment (59.18%), and Critical Infrastructure Segment (40.82%).
Parsons Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|
| Non Us | $21.31M | $21.36M | $18.72M | $16.69M |
| Middle East | $710.83M | $610.65M | $684.35M | $689.07M |
| North America | $3.46B | $3.03B | $3.22B | $3.25B |
Parsons's latest annual revenue breakdown by geography, as of Dec 22: North America (82.55%), Middle East (16.94%), and Non Us (0.51%).
Quarterly Revenue by Country
| Country | Jun 24 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | $1.42B | $891.39M | $944.94M | $841.09M | $785.71M | $783.25M | $804.12M | $725.05M | $716.35M | $786.52M | $831.37M | $800.04M | $797.95M | $848.93M | $849.84M | $819.25M | $731.03M |
| Non-US | $5.08M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Middle East | $246.06M | $206.75M | $184.68M | $161.34M | $158.06M | $162.13M | $147.21M | $147.68M | $153.64M | $172.76M | $168.04M | $174.69M | $168.86M | $184.46M | $169.03M | $167.62M | $167.95M |
| Non Us | - | $4.97M | $4.75M | $6.29M | $5.30M | $5.29M | $4.72M | $6.63M | $4.71M | $4.98M | $4.83M | $4.73M | $4.19M | $4.00M | $4.41M | $2.86M | $5.42M |
Parsons's latest quarterly revenue breakdown by geography, as of Jun 24: North America (84.97%), Middle East (14.73%), and Non-US (0.30%).
Parsons Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| LDOS | Leidos | $15.44B | $4.13B |
| CACI | CACI | $7.66B | $1.94B |
| SAIC | Science Applications | $7.44B | $1.82B |
| PSN | Parsons | $5.44B | $1.67B |
| G | Genpact | $4.48B | $1.18B |
| ASGN | ASGN | $4.45B | $1.03B |
| CLVT | Clarivate | $2.63B | $650.30M |
| EXLS | ExlService | $1.63B | $448.37M |
| WNS | WNS | $1.32B | $323.10M |
| PRFT | Perficient | $906.54M | $215.30M |
| NABL | N-able | $421.88M | $113.75M |
PSN Revenue FAQ
What is Parsons’s yearly revenue?
Parsons's yearly revenue for 2023 was $5.44B, representing an increase of 29.74% compared to 2022. The company's yearly revenue for 2022 was $4.2B, representing an increase of 14.60% compared to 2021. PSN's yearly revenue for 2021 was $3.66B, representing a decrease of -6.59% compared to 2020.
What is Parsons’s quarterly revenue?
Parsons's quarterly revenue for Q2 2024 was $1.67B, a 8.78% increase from the previous quarter (Q1 2024), and a 23.15% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.54B, a 2.77% increase from the previous quarter (Q4 2023), and a 30.87% increase year-over-year (Q1 2023). PSN's quarterly revenue for Q4 2023 was $1.49B, a 5.33% increase from the previous quarter (Q3 2023), and a 35.46% increase year-over-year (Q4 2022).
What is Parsons’s revenue growth rate?
Parsons's revenue growth rate for the last 3 years (2021-2023) was 48.68%, and for the last 5 years (2019-2023) was 37.62%.
What are Parsons’s revenue streams?
Parsons's revenue streams in c 23 are Critical Infrastructure Segment
What is Parsons’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Parsons was Critical Infrastructure Segment. This segment made a revenue of $37.9M, representing 100.00% of the company's total revenue.