Parsons (PSN) Revenue & Revenue Breakdown


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Parsons Revenue Highlights


Latest Revenue (Y)

$5.44B

Latest Revenue (Q)

$1.81B

Main Segment (Y)

Critical Infrastructure Segment

Main Geography (Y)

North America

Parsons Revenue by Period


Parsons Revenue by Year

DateRevenueChange
2023-12-31$5.44B29.74%
2022-12-31$4.20B14.60%
2021-12-31$3.66B-6.59%
2020-12-31$3.92B-0.91%
2019-12-31$3.95B11.07%
2018-12-31$3.56B18.01%
2017-12-31$3.02B-0.73%
2016-12-31$3.04B-5.57%
2015-12-25$3.22B3.91%
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

DateRevenueChange
2024-09-30$1.81B8.36%
2024-06-30$1.67B8.78%
2024-03-31$1.54B2.77%
2023-12-31$1.49B5.33%
2023-09-30$1.42B4.58%
2023-06-30$1.36B15.60%
2023-03-31$1.17B6.38%
2022-12-31$1.10B-2.76%
2022-09-30$1.13B12.46%
2022-06-30$1.01B6.29%
2022-03-31$949.07M-0.17%
2021-12-31$950.67M-0.56%
2021-09-30$956.05M8.72%
2021-06-30$879.36M0.53%
2021-03-31$874.70M-9.29%
2020-12-31$964.26M-3.98%
2020-09-30$1.00B2.53%
2020-06-30$979.46M0.87%
2020-03-31$970.99M-6.40%
2019-12-31$1.04B1.38%
2019-09-30$1.02B3.39%
2019-06-30$989.74M9.44%
2019-03-31$904.40M-2.64%
2018-12-31$928.94M-4.84%
2018-09-30$976.16M8.37%
2018-06-30$900.73M19.35%
2018-03-31$754.68M-

Parsons generated $1.81B in revenue during Q3 2024, up 8.36% compared to the previous quarter, and up 133.44% compared to the same period a year ago.

Parsons Revenue Breakdown


Parsons Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 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/ServiceSep 24Jun 24Dec 23Jun 23
Critical Infrastructure Segment$704.54M$681.86M$33.90M$4.00M
Federal Solution Segment$1.11B$988.60M--

Parsons's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Federal Solution Segment (61.08%), and Critical Infrastructure Segment (38.92%).

Parsons Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21Dec 20Dec 19
Middle East$710.83M$610.65M$684.35M$689.07M
Non Us$21.31M$21.36M$18.72M$16.69M
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

CountrySep 24Jun 24Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Non-US$4.47M$5.08M----------------
North America$1.54B$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
Middle East$264.44M$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 Sep 24: North America (85.14%), Middle East (14.61%), and Non-US (0.25%).

Parsons Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
LDOSLeidos$15.44B$4.19B
CACICACI$7.66B$2.06B
SAICScience Applications$7.44B$1.82B
PSNParsons$5.44B$1.81B
GGenpact$4.48B$1.21B
ASGNASGN$4.45B$1.03B
CLVTClarivate$2.63B$622.20M
EXLSExlService$1.63B$472.07M
WNSWNS$1.32B$322.60M
PRFTPerficient$906.54M$215.30M
NABLN-able$421.88M$119.45M

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 Q3 2024 was $1.81B, a 8.36% increase from the previous quarter (Q2 2024), and a 27.60% increase year-over-year (Q3 2023). The company'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). PSN'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).

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.