v3.25.2
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenue $ 1,584,323 $ 1,670,467 $ 3,138,683 $ 3,206,143
Direct cost of contracts 1,235,970 1,318,931 2,436,347 2,529,758
Equity in losses of unconsolidated joint ventures (642) (16,837) (1,329) (18,897)
Selling, general and administrative expenses 252,050 223,277 496,113 444,222
Operating income 95,661 111,422 204,894 213,266
Interest income 1,068 3,825 3,210 4,977
Interest expense (12,569) (13,008) (24,815) (26,006)
Convertible debt repurchase loss     0 (18,355)
Other income (expense), net 5,019 895 6,654 (2,431)
Total other income (expense) (6,482) (8,288) (14,951) (41,815)
Income before income tax expense 89,179 103,134 189,943 171,451
Income tax expense (18,690) (22,415) (37,667) (35,739)
Net income including noncontrolling interests 70,489 80,719 152,276 135,712
Net income attributable to noncontrolling interests (15,259) (11,547) (30,843) (26,790)
Net income attributable to Parsons Corporation $ 55,230 $ 69,172 $ 121,433 $ 108,922
Earnings per share:        
Basic $ 0.52 $ 0.65 $ 1.14 $ 1.03
Diluted $ 0.5 $ 0.63 $ 1.1 $ 0.99