v3.25.4
Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Schedule of Numerator and Denominator used to Compute Basic and Diluted EPS

The following table reconciles the numerator and denominator used to compute basic and diluted EPS for the years ended December 31, 2025, December 31, 2024, and December 31, 2023 (in thousands):

 

 

 

2025

 

 

2024

 

 

2023

 

Numerator for Basic and Diluted EPS:

 

 

 

 

 

 

 

 

 

Net income attributable to Parsons Corporation - basic

 

$

241,139

 

 

$

235,053

 

 

$

161,149

 

Convertible senior notes if-converted method interest adjustment

 

 

135

 

 

 

2,932

 

 

 

2,291

 

Net income attributable to Parsons Corporation - diluted

 

$

241,274

 

 

$

237,985

 

 

$

163,440

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for Basic and Diluted EPS:

 

 

 

 

 

 

 

 

 

Basic weighted average number of shares outstanding

 

 

106,828

 

 

 

106,274

 

 

 

104,992

 

Dilutive effect of stock-based awards

 

 

1,418

 

 

 

1,778

 

 

 

1,173

 

Dilutive effect of warrants

 

 

286

 

 

 

494

 

 

 

 

Dilutive effect of convertible senior notes

 

 

1,161

 

 

 

3,628

 

 

 

8,917

 

Diluted weighted average number of shares outstanding

 

 

109,693

 

 

 

112,174

 

 

 

115,082

 

 

 

 

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

 

 

 

 

Basic

 

$

2.26

 

 

$

2.21

 

 

$

1.53

 

Diluted

 

$

2.20

 

 

$

2.12

 

 

$

1.42

 

Schedule of Repurchase Program

The following table summarizes the repurchase activity under the stock repurchase program.

 

 

 

2025

 

 

2024

 

Total shares repurchased

 

 

1,822,368

 

 

 

287,005

 

Total shares retired

 

 

1,822,368

 

 

 

287,005

 

Average price paid per share

 

$

68.59

 

 

$

87.10