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Parsons's revenue is $6.8 billion.

What is Parsons's revenue?

Parsons's annual revenue is $6.8B. Zippia's data science team found the following key financial metrics about Parsons after extensive research and analysis.
  • Parsons's revenue growth from 2018 to 2024 is 89.6%.
  • Parsons has 17,000 employees, and the revenue per employee ratio is $397,092.
  • Parsons's peak quarterly revenue was $1.8B in 2024(q3).
  • Parsons peak revenue was $6.8B in 2024.
  • Parsons annual revenue for 2023 was 5.4B, 29.74% growth from 2022.
  • Parsons annual revenue for 2024 was 6.8B, 24.03% growth from 2023.

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Most recent quarter revenue
$1.7B (Q4'2024)
Company most recent quarter revenue
Peak revenue
$6.8B (2024)
Company peak revenue
Revenue / employee
$397,093
Company revenue / employee

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Most recent quarter revenue
$1.7B (Q4'2024)
Company most recent quarter revenue
Peak revenue
$6.8B (2024)
Company peak revenue
Revenue / employee
$397,093
Company revenue / employee

Parsons historical revenue

Parsons's peak revenue was $6.8B in 2024. The peak quarterly revenue was $1.8B in 2024(q3).

Parsons's revenue increased from $3.6b in 2018 to $6.8B currently. That's a 89.6% change in annual revenue.

Parsons annual revenue

$7B
$5B
$4B
$3B
$1B
$0
2019
2020
2021
2022
2023
2024

Parsons annual revenue over time

Fiscal year / yearParsons revenue
2018$3.6B
2019$4.0B
2020$3.9B
2021$3.7B
2022$4.2B
2023$5.4B
2024$6.8B

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Parsons annual growth

Parsons saw the greatest revenue growth in 2022, when revenue increased by 14.6%.

Parsons had the lowest revenue growth in 2021, when revenue changed by -6.59%.

Parsons annual growth rate over time

YearParsons growth
2019
11%
2020
-1%
2021
-7%
2022
15%
2023
30%
2024
24%

Parsons quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$2B
$1B
$1B
$724M
$362M
$0
2020
2021
2022
2023
2024

Parsons quarterly growth rate over time

YearQ1Q2Q3Q4
2018---$928.9M
2019$904.4M$989.7M$1.0B$1.0B
2020$971.0M$979.5M$1.0B$964.3M
2021$874.7M$879.4M$956.1M$950.7M
2022$949.1M$1.0B$1.1B$1.1B
2023$1.2B$1.4B$1.4B$1.5B
2024$1.5B$1.7B$1.8B$1.7B

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Parsons financial information

CEOCarey A. Smith
IndustrySoftware & Services
Company TypePublic
Employees Number17,000
Date Founded1944
HeadquartersPasadena, California
Number of Locations73
Revenue$6.8B
Net Income$96,664,000
Gross Proft$1.4B (2024)
Tax Rate0.2%
Total Assets$4,198,142,000
TickerPSN

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Parsons competitors

Parsons's top competitor, Caterpillar, earned an annual revenue of $64.8B.

Parsons's smallest competitor is Guernsey - Engineers/Architects/Consultants with revenue of $2.3M last year.

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Zippia gives an in-depth look into the details of Parsons, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Parsons. The employee data is based on information from people who have self-reported their past or current employments at Parsons. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Parsons. The data presented on this page does not represent the view of Parsons and its employees or that of Zippia.

Parsons may also be known as or be related to Parsons, Parsons Corporation and Parsons Federal Credit Union.