Parsons (PSN) Tax Rate (2018 - 2026)

Parsons' (PSN) quarterly Tax Rate came in at 19.79% in Q1 2026, up 95.0% year-on-year from 10.15% in Q1 2025, and up 182.86% on a QoQ basis from 23.88% in Q4 2025.

Parsons (PSN) Tax Rate (2018 - 2026) Analysis & Trends

Parsons (PSN) has 9 years of Tax Rate data on file, last reported at 19.79% in Q1 2026.

  • On a quarterly basis, Tax Rate rose 95.0% year-over-year to 19.79% in Q1 2026; TTM through Mar 2026 was 7.76%, a 1289.0% decrease from a year earlier, with the FY2025 full-year figure at 8.12%, down 1116.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 19.79%, up from 23.88% in the prior quarter.
  • Over the last five years, Tax Rate for PSN reached as high as 25.4% in Q1 2022 and fell as low as 53.91% in Q4 2022.
  • Historically, Tax Rate has averaged 11.97% across 5 years, with a median of 20.28% in 2023.
  • Across the five-year window, Tax Rate slumped 7499 bps in 2022 and jumped 3977 bps in 2023, its largest moves.
  • Year by year, Tax Rate stood at 53.91% in 2022, then soared by 74 bps to 14.14% in 2023, then jumped by 250 bps to 21.26% in 2024, then plunged by 212 bps to 23.88% in 2025, then jumped by 183 bps to 19.79% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 19.79% in Q1 2026, 23.88% in Q4 2025, and 16.39% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 12.63%
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 24.19%
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -8.48%
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 29.49%
5 Cgi 41.25 Bn 40.60 Bn - 28.00%
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 40.93%
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 23.99%
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn -22.49%
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 18.88%
10 Parsons 6.27 Bn 6.09 Bn 357.42 Mn 19.79%

Historic Data

Download Data
DateValue
Mar 31, 2026 19.79%
Mar 31, 2026 19.79%
Mar 31, 2026 19.79%
Dec 31, 2025 -23.88%
Dec 31, 2025 -23.88%
Dec 31, 2025 -23.88%
Sep 30, 2025 16.39%
Sep 30, 2025 16.39%
Sep 30, 2025 16.39%
Jun 30, 2025 20.96%
Jun 30, 2025 20.96%
Jun 30, 2025 20.96%
Mar 31, 2025 18.83%
Mar 31, 2025 18.83%
Mar 31, 2025 18.83%
Dec 31, 2024 21.26%
Dec 31, 2024 21.26%
Dec 31, 2024 21.26%
Sep 30, 2024 20.83%
Sep 30, 2024 20.83%