Parsons (PSN) Tax Provisions (2018 - 2026)
Parsons (PSN) reported Tax Provisions of $16.1 million for Q1 2026, down 15.23% year-over-year from $19.0 million in Q1 2025, and down 19.34% quarter-over-quarter from $19.9 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.
- Tax Provisions for Q1 2026 came in at $16.1 million, down 15.23% year-over-year; the trailing twelve-month figure through Mar 2026 was $70.8 million (down 14.38% YoY), and the FY2025 annual result was $73.6 million, up 88.31% from the prior year.
- Tax Provisions declined to $16.1 million in Q1 2026 per PSN's latest filing, from $19.9 million in the prior quarter.
- Over five years, Tax Provisions peaked at $23.1 million in Q4 2023 and troughed at $5.7 million in Q2 2022.
- A 5-year average of $16.0 million and a median of $16.0 million in 2025 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2023 and 2025: Tax Provisions jumped 165.58% in 2023, then slipped 28.79% in 2025.
- A 5-year view of Tax Provisions shows it stood at $12.0 million in 2022, then jumped by 92.34% to $23.1 million in 2023, then declined by 18.95% to $18.7 million in 2024, then gained by 6.49% to $19.9 million in 2025, then declined by 19.34% to $16.1 million in 2026.
- Business Quant data shows PSN's Tax Provisions at $16.1 million in Q1 2026, $19.9 million in Q4 2025, and $16.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 248.00 Mn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 172.00 Mn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 597.27 Mn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 208.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 106.00 Mn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 64.30 Mn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 83.60 Mn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 94.00 Mn |
| 10 | Parsons | 6.29 Bn | 6.11 Bn | 357.42 Mn | 16.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.09 Mn |
| Dec 31, 2025 | 19.95 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 | 23.11 Mn |
| Sep 30, 2023 | 15.22 Mn |
| Jun 30, 2023 | 15.22 Mn |
| Mar 31, 2023 | 11.50 Mn |
| Dec 31, 2022 | 12.01 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 |