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
DateValue
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