Parsons (PSN) Tax Provisions (2018 - 2026)
Parsons (PSN) posted quarterly Tax Provisions of $4.2 million for Q2 2026, down 77.41% year-over-year from $18.7 million in Q2 2025, and down 73.76% quarter-over-quarter from $16.1 million in Q1 2026.
Parsons (PSN) Tax Provisions (2018 - 2026) Analysis & Trends
Parsons (PSN) has reported Tax Provisions for 9 consecutive years, with $4.2 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions fell 77.41% year-over-year to $4.2 million; the TTM figure through Jun 2026 stood at $63.0 million (down 20.21% YoY), while the FY2025 annual figure was $80.3 million, up 4.04% from the prior year.
- Tax Provisions slipped to $4.2 million in Q2 2026 per PSN's latest filing, from $16.1 million in the prior quarter.
- Across five years, Tax Provisions topped out at $26.6 million in Q4 2025 and bottomed at $4.2 million in Q2 2026.
- Historically, Tax Provisions has averaged $15.7 million across 5 years, with a median of $15.6 million in 2023.
- Annual changes were most pronounced in 2023 — Tax Provisions jumped 165.58% — and 2026, when it tumbled 77.41%.
- Parsons' Tax Provisions stood at $12.9 million in 2022, then surged by 79.72% to $23.1 million in 2023, then fell by 18.95% to $18.7 million in 2024, then soared by 42.16% to $26.6 million in 2025, then sank by 84.14% to $4.2 million in 2026.
- Business Quant data shows PSN's Tax Provisions at $4.2 million in Q2 2026, $16.1 million in Q1 2026, and $26.6 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 313.00 Mn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 761.94 Mn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 343.00 Mn |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 121.97 Mn |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 231.00 Mn |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 63.00 Mn |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 123.90 Mn |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | -103.00 Mn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 95.00 Mn |
| 10 | Parsons | 4.92 Bn | 4.65 Bn | 295.24 Mn | 4.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.22 Mn |
| Mar 31, 2026 | 16.09 Mn |
| Dec 31, 2025 | 26.63 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 | 12.86 Mn |
| Sep 30, 2022 | 13.80 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 |