Parsons (PSN) Tax Provisions (2018 - 2026)
Parsons' (PSN) quarterly Tax Provisions came in at $16.1 million in Q1 2026, down 15.23% year-on-year from $19.0 million in Q1 2025, and up 171.11% on a QoQ basis from -$22.6 million in Q4 2025.
Parsons (PSN) Tax Provisions (2018 - 2026) Analysis & Trends
Parsons (PSN) has 9 years of Tax Provisions data on file, last reported at $16.1 million in Q1 2026.
- On a quarterly basis, Tax Provisions fell 15.23% year-over-year to $16.1 million in Q1 2026; TTM through Mar 2026 was $28.2 million, a 65.89% decrease from a year earlier, with the FY2025 full-year figure at $31.1 million, down 56.16% from the prior year.
- Tax Provisions for Q1 2026 stood at $16.1 million, up from -$22.6 million in the prior quarter.
- Over the last five years, Tax Provisions for PSN reached as high as $22.5 million in Q3 2024 and fell as low as -$26.1 million in Q4 2022.
- Historically, Tax Provisions has averaged $9.3 million across 5 years, with a median of $15.2 million in 2023.
- Across the five-year window, Tax Provisions sank 398.77% in 2022 and jumped 283.28% in 2024, its largest moves.
- Year by year, Tax Provisions stood at -$26.1 million in 2022, then soared by 60.8% to -$10.2 million in 2023, then soared by 283.28% to $18.7 million in 2024, then slumped by 220.8% to -$22.6 million in 2025, then surged by 171.11% to $16.1 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $16.1 million in Q1 2026, -$22.6 million in Q4 2025, and $16.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 313.00 Mn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 761.94 Mn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | -15.76 Mn |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 343.00 Mn |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 126.12 Mn |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 106.00 Mn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 208.00 Mn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | -103.00 Mn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 64.30 Mn |
| 10 | Parsons | 6.27 Bn | 6.09 Bn | 357.42 Mn | 16.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.09 Mn |
| Dec 31, 2025 | -22.62 Mn |
| Sep 30, 2025 | 16.04 Mn |
| Jun 30, 2025 | 18.69 Mn |
| Mar 31, 2025 | 18.98 Mn |
| Dec 31, 2024 | 18.73 Mn |
| Sep 30, 2024 | 22.52 Mn |
| Jun 30, 2024 | 22.42 Mn |
| Mar 31, 2024 | 13.32 Mn |
| Dec 31, 2023 | -10.22 Mn |
| Sep 30, 2023 | 15.22 Mn |
| Jun 30, 2023 | 15.22 Mn |
| Mar 31, 2023 | 11.50 Mn |
| Dec 31, 2022 | -26.07 Mn |
| Sep 30, 2022 | 13.79 Mn |
| Jun 30, 2022 | 5.73 Mn |
| Mar 31, 2022 | 8.12 Mn |
| Dec 31, 2021 | 8.73 Mn |
| Sep 30, 2021 | 9.17 Mn |
| Jun 30, 2021 | 3.84 Mn |