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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

Schedule of Denominator and Numerator used to Compute Basic and Diluted EPS

The following tables reconcile the denominator and numerator used to compute basic EPS to the denominator and numerator used to compute diluted EPS for the three and nine months ended September 30, 2025 and September 30, 2024 (in thousands):

		Three Months Ended								Nine Months Ended
		September 30, 2025				September 30, 2024				September 30, 2025				September 30, 2024
Numerator for Basic and Diluted EPS:
Net income attributable to Parsons Corporation - basic		$	64,123			$	71,951			$	185,556			$	180,873
Convertible senior notes if-converted method interest adjustment			27				54				135				2,874
Net income attributable to Parsons Corporation - diluted		$	64,150			$	72,005			$	185,691			$	183,747
Denominator for Basic and Diluted EPS:
Basic weighted average number of shares outstanding			106,763				106,291				106,864				106,211
Dilutive effect of stock-based awards			1,395				1,661				1,400				1,628
Dilutive effect of warrants			289				561				245				358
Dilutive effect of convertible senior notes due 2025			631				2,573				1,547				3,983
Diluted weighted average number of shares outstanding			109,078				111,086				110,056				112,180
Earnings per share:
Basic		$	0.60			$	0.68			$	1.74			$	1.70
Diluted		$	0.59			$	0.65			$	1.69			$	1.64

Schedule of Repurchase Program

The following table summarizes the repurchase activity under the stock repurchase program:

		Three Months Ended								Nine Months Ended
		September 30, 2025				September 30, 2024				September 30, 2025				September 30, 2024
Total shares repurchased			323,175				-				965,940				131,053
Total shares retired			323,175				-				965,940				131,053
Average price paid per share (1)		$	77.36			$	-			$	67.29			$	76.30

1 Includes commissions in the calculation of average price per share

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Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 2
-Publisher FASB
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