Parsons Reports Strong Second Quarter 2025 Results

Q2 2025 Financial Highlights Q2 revenue of $1.6 billion decreased 5% year-over-year and 9% on an organic basisRevenue growth of 13% excluding confidential contract; 8% on an organic basisQ2 net income of $55 million decreased $14 million year-over-year, includes $2 million of M&A transaction-related expenses associated with the CTI acquisitionQ2 adjusted EBITDA decreased 1% to $149 million; adjusted EBITDA margin of 9.4% increased 40 basis pointsBook-to-bill ratio of 1.0x and continued streak of TTM book-to ...