Below are the financial statements of Parsons, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 6,750.58a | 5,442.75a | 4,195.27a |
| Direct cost of contracts | -5,344.15a | -4,236.74a | -3,248.55a |
| Equity in (losses) earnings of unconsolidated joint ventures | -23.36a | -47.75a | 16.35a |
| Selling, general and administrative expenses | -955a | -869.91a | -777.4a |
| Operating income | 428.07a | 288.36a | 185.67a |
| Interest income | 11.43a | 2.19a | 0.97a |
| Interest expense | -51.58a | -31.5a | -23.19a |
| Convertible debt repurchase loss | -18.36a | 0a | 0a |
| Other income (expense), net | -1.91a | 5a | 2.78a |
| Total other (expense) income | -60.42a | -24.31a | -19.44a |
| Income before income tax expense | 367.65a | 264.05a | 166.22a |
| Income tax expense | -76.99a | -56.14a | -39.66a |
| Net income including noncontrolling interests | 290.67a | 207.92a | 126.57a |
| Net income attributable to noncontrolling interests | -55.61a | -46.77a | -29.9a |
| Net income attributable to Parsons Corporation | 235.05a | 161.15a | 96.66a |
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