Parsons (PSN) Tax Provisions (2018 - 2026)
Parsons' Tax Provisions came in at $4.22 million for Q2 2026, down 77.4% from $18.69 million a year earlier and down 73.8% from the prior quarter.
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Analysis
Parsons (PSN) Tax Provisions (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Parsons reported Tax Provisions of $56.29 million, down 28.7% year-over-year; for FY2025, it was $73.65 million, down 4.3% from FY2024.
- Tax Provisions carries a five-year compound annual growth rate of 11.6% (FY2020 to FY2025).
- Going back by year, Tax Provisions was $76.99 million in FY2024 (+37.1%), $56.14 million in FY2023 (+41.6%), $39.66 million in FY2022 (+67.8%) and $23.64 million in FY2021 (-44.4%).
- The Q2 2026 figure represents the lowest quarterly Tax Provisions since Q2 2021.
- Year-over-year, Tax Provisions increased in four of the last eight quarters, with an average decline of 1.2%.
- The fastest year-over-year change in Tax Provisions over five years came in Q2 2023 (growth of 165.6%), and the weakest in Q2 2026 (a decline of 77.4%).
- Business Quant data shows PSN's Tax Provisions at $16.09 million (Q1 2026), $19.95 million (Q4 2025) and $16.04 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 407.00 Mn |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 493.00 Mn |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 63.00 Mn |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 342.00 Mn |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 115.00 Mn |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 247.00 Mn |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 184.00 Mn |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 74.00 Mn |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 1.58 Bn |
| 10 | Parsons | 4.39 Bn | 3.06 Bn | 295.24 Mn | 4.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.22 Mn |
| 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 | 14.19 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 | 13.80 Mn |
| Jun 30, 2022 | 5.73 Mn |
| Mar 31, 2022 | 8.12 Mn |
| Dec 31, 2021 | 5.26 Mn |
| Sep 30, 2021 | 9.17 Mn |
API Access
Parsons Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=PSN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "PSN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=PSN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();