v3.26.3
Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Total Parsons Equity
Noncontrolling Interest
Beginning balance at Dec. 31, 2024 $ 2,534,489 $ 146,655 $ (815,282) $ 2,684,829 $ 426,781 $ (26,594) $ 2,416,389 $ 118,100
Comprehensive income                
Net income 234,070       185,556   185,556 48,514
Foreign currency translation gain (loss), net 3,522         3,518 3,518 4
Pension adjustments, net (1,206)         (1,206) (1,206)  
Contributions 3,017             3,017
Distributions (62,825)             (62,825)
Issuance of equity securities, net of retirement (14,159) 680   (8,297) (6,542)   (14,159)  
Repurchases of common stock (64,994) (966)   (64,028)     (64,994)  
Stock-based compensation 32,726     32,726     32,726  
Ending Balance at Sep. 30, 2025 2,664,640 146,369 (815,282) 2,645,230 605,795 (24,282) 2,557,830 106,810
Beginning balance at Jun. 30, 2025 2,621,611 146,676 (815,282) 2,660,579 541,965 (18,067) 2,515,871 105,740
Comprehensive income                
Net income 81,794       64,123   64,123 17,671
Foreign currency translation gain (loss), net (4,946)         (4,940) (4,940) (6)
Pension adjustments, net (1,275)         (1,275) (1,275)  
Contributions (1,176)             1,176
Distributions (17,771)             (17,771)
Issuance of equity securities, net of retirement (749) 16   (472) (293)   (749)  
Repurchases of common stock (25,000) (323)   (24,677)     (25,000)  
Stock-based compensation 9,800     9,800     9,800  
Ending Balance at Sep. 30, 2025 2,664,640 146,369 (815,282) 2,645,230 605,795 (24,282) 2,557,830 106,810
Beginning balance at Dec. 31, 2025 2,767,672 145,676 (792,638) 2,648,730 661,173 (20,921) 2,642,020 125,652
Comprehensive income                
Net income 132,157       91,860   91,860 40,297
Foreign currency translation gain (loss), net (6,240)         (6,241) (6,241) 1
Pension adjustments, net 0              
Contributions of treasury stock to ESOP     (364) 364        
Contributions 504             504
Distributions (55,945)             (55,945)
Repurchase of warrants (3) 32   (35)     (3)  
Issuance of equity securities, net of retirement (14,714) 694   (11,180) (4,228)   (14,714)  
Repurchases of common stock (109,987) (2,163)   (107,824)     (109,987)  
Stock-based compensation 34,713     34,713     34,713  
Ending Balance at Sep. 30, 2026 2,748,157 144,239 (793,002) 2,564,768 748,805 (27,162) 2,637,648 110,509
Beginning balance at Jun. 30, 2026 2,747,769 145,506 (793,002) 2,611,828 694,530 (27,443) 2,631,419 116,350
Comprehensive income                
Net income 67,411       54,153   54,153 13,258
Foreign currency translation gain (loss), net 281         281 281 0
Pension adjustments, net 0              
Contributions 270             270
Distributions (19,369)             (19,369)
Issuance of equity securities, net of retirement (517) 28   (667) 122   (517)  
Repurchases of common stock (60,000) (1,295)   (58,705)     (60,000)  
Stock-based compensation 12,312     12,312     12,312  
Ending Balance at Sep. 30, 2026 $ 2,748,157 $ 144,239 $ (793,002) $ 2,564,768 $ 748,805 $ (27,162) $ 2,637,648 $ 110,509