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Side-by-side financial comparison of Samsara Inc. (IOT) and PARSONS CORP (PSN). Click either name above to swap in a different company.

PARSONS CORP is the larger business by last-quarter revenue ($1.6B vs $416.0M, roughly 3.9× Samsara Inc.). PARSONS CORP runs the higher net margin — 3.5% vs 1.9%, a 1.6% gap on every dollar of revenue. On growth, Samsara Inc. posted the faster year-over-year revenue change (29.2% vs -7.5%). PARSONS CORP produced more free cash flow last quarter ($135.6M vs $55.8M). Over the past eight quarters, Samsara Inc.'s revenue compounded faster (22.7% CAGR vs 2.2%).

Samsara Inc. is an American IoT company headquartered in San Francisco, California, that provides telematics software and insights for physical operations. The company has customers across North America and Europe. Samsara developed a connected operations cloud platform that provides insights to physical operations organizations in the transportation, construction, energy, utilities, public sector and retail industries, and supports the safety and efficiency of those operations.

Parsons Corporation is an American multinational technology-focused defense, intelligence, and infrastructure engineering firm. Founded in 1944, Parsons is headquartered in Chantilly, Virginia, and serves both government and private sector organizations in more than 30 countries.

IOT vs PSN — Head-to-Head

Bigger by revenue
PSN
PSN
3.9× larger
PSN
$1.6B
$416.0M
IOT
Growing faster (revenue YoY)
IOT
IOT
+36.7% gap
IOT
29.2%
-7.5%
PSN
Higher net margin
PSN
PSN
1.6% more per $
PSN
3.5%
1.9%
IOT
More free cash flow
PSN
PSN
$79.7M more FCF
PSN
$135.6M
$55.8M
IOT
Faster 2-yr revenue CAGR
IOT
IOT
Annualised
IOT
22.7%
2.2%
PSN

Income Statement — Q4 2026 vs Q4 2025

Metric
IOT
IOT
PSN
PSN
Revenue
$416.0M
$1.6B
Net Profit
$7.8M
$55.6M
Gross Margin
76.7%
23.0%
Operating Margin
-0.4%
6.6%
Net Margin
1.9%
3.5%
Revenue YoY
29.2%
-7.5%
Net Profit YoY
120.5%
-72.4%
EPS (diluted)
$0.01
$0.51

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IOT
IOT
PSN
PSN
Q4 25
$416.0M
$1.6B
Q3 25
$391.5M
$1.6B
Q2 25
$366.9M
$1.6B
Q1 25
$346.3M
$1.6B
Q4 24
$322.0M
$1.7B
Q3 24
$300.2M
$1.8B
Q2 24
$280.7M
$1.7B
Q1 24
$276.3M
$1.5B
Net Profit
IOT
IOT
PSN
PSN
Q4 25
$7.8M
$55.6M
Q3 25
$-16.8M
$64.1M
Q2 25
$-22.1M
$55.2M
Q1 25
$-11.2M
$66.2M
Q4 24
$-37.8M
$201.3M
Q3 24
$-49.6M
$72.0M
Q2 24
$-56.3M
$69.2M
Q1 24
$-113.4M
$-107.4M
Gross Margin
IOT
IOT
PSN
PSN
Q4 25
76.7%
23.0%
Q3 25
76.9%
22.2%
Q2 25
77.3%
22.0%
Q1 25
76.8%
22.8%
Q4 24
76.4%
21.3%
Q3 24
75.6%
19.9%
Q2 24
75.6%
21.0%
Q1 24
75.0%
21.2%
Operating Margin
IOT
IOT
PSN
PSN
Q4 25
-0.4%
6.6%
Q3 25
-6.8%
6.7%
Q2 25
-9.1%
6.0%
Q1 25
-5.3%
7.0%
Q4 24
-14.7%
5.8%
Q3 24
-19.4%
6.4%
Q2 24
-23.5%
6.7%
Q1 24
-44.5%
6.6%
Net Margin
IOT
IOT
PSN
PSN
Q4 25
1.9%
3.5%
Q3 25
-4.3%
4.0%
Q2 25
-6.0%
3.5%
Q1 25
-3.2%
4.3%
Q4 24
-11.7%
11.6%
Q3 24
-16.5%
4.0%
Q2 24
-20.1%
4.1%
Q1 24
-41.0%
-7.0%
EPS (diluted)
IOT
IOT
PSN
PSN
Q4 25
$0.01
$0.51
Q3 25
$-0.03
$0.59
Q2 25
$-0.04
$0.50
Q1 25
$-0.02
$0.60
Q4 24
$-0.07
$1.85
Q3 24
$-0.09
$0.65
Q2 24
$-0.10
$0.63
Q1 24
$-0.22
$-1.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IOT
IOT
PSN
PSN
Cash + ST InvestmentsLiquidity on hand
$275.1M
$466.4M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$1.3B
$2.6B
Total Assets
$2.3B
$5.8B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IOT
IOT
PSN
PSN
Q4 25
$275.1M
$466.4M
Q3 25
$258.5M
$422.6M
Q2 25
$259.0M
$411.3M
Q1 25
$227.6M
$269.7M
Q4 24
$160.3M
$453.5M
Q3 24
$159.3M
$558.8M
Q2 24
$162.5M
$528.5M
Q1 24
$135.5M
$423.1M
Total Debt
IOT
IOT
PSN
PSN
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$785.2M
Q4 24
$784.1M
Q3 24
$1.1B
Q2 24
$1.2B
Q1 24
$1.2B
Stockholders' Equity
IOT
IOT
PSN
PSN
Q4 25
$1.3B
$2.6B
Q3 25
$1.2B
$2.6B
Q2 25
$1.1B
$2.5B
Q1 25
$1.1B
$2.5B
Q4 24
$999.1M
$2.4B
Q3 24
$964.7M
$2.3B
Q2 24
$923.9M
$2.2B
Q1 24
$915.1M
$2.1B
Total Assets
IOT
IOT
PSN
PSN
Q4 25
$2.3B
$5.8B
Q3 25
$2.2B
$5.7B
Q2 25
$2.1B
$5.7B
Q1 25
$2.0B
$5.4B
Q4 24
$1.9B
$5.5B
Q3 24
$1.8B
$5.4B
Q2 24
$1.7B
$5.2B
Q1 24
$1.7B
$5.1B
Debt / Equity
IOT
IOT
PSN
PSN
Q4 25
0.47×
Q3 25
0.48×
Q2 25
0.49×
Q1 25
0.32×
Q4 24
0.32×
Q3 24
0.49×
Q2 24
0.56×
Q1 24
0.58×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IOT
IOT
PSN
PSN
Operating Cash FlowLast quarter
$63.7M
$167.5M
Free Cash FlowOCF − Capex
$55.8M
$135.6M
FCF MarginFCF / Revenue
13.4%
8.5%
Capex IntensityCapex / Revenue
1.9%
2.0%
Cash ConversionOCF / Net Profit
8.20×
3.01×
TTM Free Cash FlowTrailing 4 quarters
$194.2M
$410.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IOT
IOT
PSN
PSN
Q4 25
$63.7M
$167.5M
Q3 25
$50.2M
$162.8M
Q2 25
$52.6M
$159.8M
Q1 25
$53.9M
$-11.8M
Q4 24
$36.0M
$126.8M
Q3 24
$18.1M
$299.0M
Q2 24
$23.7M
$161.2M
Q1 24
$-41.9M
$-63.4M
Free Cash Flow
IOT
IOT
PSN
PSN
Q4 25
$55.8M
$135.6M
Q3 25
$44.2M
$149.7M
Q2 25
$45.7M
$150.4M
Q1 25
$48.5M
$-25.3M
Q4 24
$31.2M
$108.0M
Q3 24
$13.1M
$287.3M
Q2 24
$18.6M
$152.0M
Q1 24
$-44.0M
$-72.9M
FCF Margin
IOT
IOT
PSN
PSN
Q4 25
13.4%
8.5%
Q3 25
11.3%
9.2%
Q2 25
12.5%
9.5%
Q1 25
14.0%
-1.6%
Q4 24
9.7%
6.2%
Q3 24
4.4%
15.9%
Q2 24
6.6%
9.1%
Q1 24
-15.9%
-4.7%
Capex Intensity
IOT
IOT
PSN
PSN
Q4 25
1.9%
2.0%
Q3 25
1.5%
0.8%
Q2 25
1.9%
0.6%
Q1 25
1.5%
0.9%
Q4 24
1.5%
1.1%
Q3 24
1.7%
0.6%
Q2 24
1.8%
0.6%
Q1 24
0.8%
0.6%
Cash Conversion
IOT
IOT
PSN
PSN
Q4 25
8.20×
3.01×
Q3 25
2.54×
Q2 25
2.89×
Q1 25
-0.18×
Q4 24
0.63×
Q3 24
4.16×
Q2 24
2.33×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IOT
IOT

Segment breakdown not available.

PSN
PSN

Unconsolidated Joint Ventures$582.1M36%
Defense And Intelligence$502.8M31%
Engineered Systems$281.4M18%
Consolidated Joint Ventures$216.7M14%
TRS Group Inc$9.4M1%

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