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Side-by-side financial comparison of News Corp (Class A) (NWSA) and PARSONS CORP (PSN). Click either name above to swap in a different company.

News Corp (Class A) is the larger business by last-quarter revenue ($2.4B vs $1.6B, roughly 1.5× PARSONS CORP). News Corp (Class A) runs the higher net margin — 8.2% vs 3.5%, a 4.7% gap on every dollar of revenue. On growth, News Corp (Class A) posted the faster year-over-year revenue change (5.5% vs -7.5%). PARSONS CORP produced more free cash flow last quarter ($135.6M vs $132.0M). Over the past eight quarters, PARSONS CORP's revenue compounded faster (2.2% CAGR vs -1.3%).

News is information about current events. This may be provided through many different media: word of mouth, printing, postal systems, broadcasting, electronic communication, or through the testimony of observers and witnesses to events. News is sometimes called "hard news" to differentiate it from soft media.

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.

NWSA vs PSN — Head-to-Head

Bigger by revenue
NWSA
NWSA
1.5× larger
NWSA
$2.4B
$1.6B
PSN
Growing faster (revenue YoY)
NWSA
NWSA
+13.1% gap
NWSA
5.5%
-7.5%
PSN
Higher net margin
NWSA
NWSA
4.7% more per $
NWSA
8.2%
3.5%
PSN
More free cash flow
PSN
PSN
$3.6M more FCF
PSN
$135.6M
$132.0M
NWSA
Faster 2-yr revenue CAGR
PSN
PSN
Annualised
PSN
2.2%
-1.3%
NWSA

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
NWSA
NWSA
PSN
PSN
Revenue
$2.4B
$1.6B
Net Profit
$193.0M
$55.6M
Gross Margin
23.0%
Operating Margin
6.6%
Net Margin
8.2%
3.5%
Revenue YoY
5.5%
-7.5%
Net Profit YoY
-10.2%
-72.4%
EPS (diluted)
$0.34
$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
NWSA
NWSA
PSN
PSN
Q4 25
$2.4B
$1.6B
Q3 25
$2.1B
$1.6B
Q2 25
$1.6B
$1.6B
Q1 25
$2.0B
$1.6B
Q4 24
$2.2B
$1.7B
Q3 24
$2.6B
$1.8B
Q2 24
$2.6B
$1.7B
Q1 24
$2.4B
$1.5B
Net Profit
NWSA
NWSA
PSN
PSN
Q4 25
$193.0M
$55.6M
Q3 25
$112.0M
$64.1M
Q2 25
$743.0M
$55.2M
Q1 25
$103.0M
$66.2M
Q4 24
$215.0M
$201.3M
Q3 24
$119.0M
$72.0M
Q2 24
$50.0M
$69.2M
Q1 24
$30.0M
$-107.4M
Gross Margin
NWSA
NWSA
PSN
PSN
Q4 25
23.0%
Q3 25
22.2%
Q2 25
22.0%
Q1 25
22.8%
Q4 24
21.3%
Q3 24
19.9%
Q2 24
21.0%
Q1 24
21.2%
Operating Margin
NWSA
NWSA
PSN
PSN
Q4 25
6.6%
Q3 25
6.7%
Q2 25
8.5%
6.0%
Q1 25
7.5%
7.0%
Q4 24
19.2%
5.8%
Q3 24
7.9%
6.4%
Q2 24
4.3%
6.7%
Q1 24
2.6%
6.6%
Net Margin
NWSA
NWSA
PSN
PSN
Q4 25
8.2%
3.5%
Q3 25
5.2%
4.0%
Q2 25
45.6%
3.5%
Q1 25
5.1%
4.3%
Q4 24
9.6%
11.6%
Q3 24
4.6%
4.0%
Q2 24
1.9%
4.1%
Q1 24
1.2%
-7.0%
EPS (diluted)
NWSA
NWSA
PSN
PSN
Q4 25
$0.34
$0.51
Q3 25
$0.20
$0.59
Q2 25
$1.30
$0.50
Q1 25
$0.18
$0.60
Q4 24
$0.38
$1.85
Q3 24
$0.21
$0.65
Q2 24
$0.09
$0.63
Q1 24
$0.05
$-1.01

Balance Sheet & Financial Strength

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

Metric
NWSA
NWSA
PSN
PSN
Cash + ST InvestmentsLiquidity on hand
$2.1B
$466.4M
Total DebtLower is stronger
$2.0B
$1.2B
Stockholders' EquityBook value
$8.8B
$2.6B
Total Assets
$15.5B
$5.8B
Debt / EquityLower = less leverage
0.22×
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NWSA
NWSA
PSN
PSN
Q4 25
$2.1B
$466.4M
Q3 25
$2.2B
$422.6M
Q2 25
$2.4B
$411.3M
Q1 25
$2.1B
$269.7M
Q4 24
$1.8B
$453.5M
Q3 24
$1.8B
$558.8M
Q2 24
$2.0B
$528.5M
Q1 24
$1.9B
$423.1M
Total Debt
NWSA
NWSA
PSN
PSN
Q4 25
$2.0B
$1.2B
Q3 25
$2.0B
$1.2B
Q2 25
$2.0B
$1.2B
Q1 25
$2.0B
$785.2M
Q4 24
$2.0B
$784.1M
Q3 24
$2.9B
$1.1B
Q2 24
$2.9B
$1.2B
Q1 24
$2.9B
$1.2B
Stockholders' Equity
NWSA
NWSA
PSN
PSN
Q4 25
$8.8B
$2.6B
Q3 25
$8.7B
$2.6B
Q2 25
$8.8B
$2.5B
Q1 25
$8.2B
$2.5B
Q4 24
$8.1B
$2.4B
Q3 24
$8.3B
$2.3B
Q2 24
$8.1B
$2.2B
Q1 24
$8.1B
$2.1B
Total Assets
NWSA
NWSA
PSN
PSN
Q4 25
$15.5B
$5.8B
Q3 25
$15.3B
$5.7B
Q2 25
$15.5B
$5.7B
Q1 25
$16.6B
$5.4B
Q4 24
$16.2B
$5.5B
Q3 24
$16.9B
$5.4B
Q2 24
$16.7B
$5.2B
Q1 24
$16.5B
$5.1B
Debt / Equity
NWSA
NWSA
PSN
PSN
Q4 25
0.22×
0.47×
Q3 25
0.22×
0.48×
Q2 25
0.22×
0.49×
Q1 25
0.24×
0.32×
Q4 24
0.24×
0.32×
Q3 24
0.35×
0.49×
Q2 24
0.36×
0.56×
Q1 24
0.36×
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
NWSA
NWSA
PSN
PSN
Operating Cash FlowLast quarter
$231.0M
$167.5M
Free Cash FlowOCF − Capex
$132.0M
$135.6M
FCF MarginFCF / Revenue
5.6%
8.5%
Capex IntensityCapex / Revenue
4.2%
2.0%
Cash ConversionOCF / Net Profit
1.20×
3.01×
TTM Free Cash FlowTrailing 4 quarters
$586.0M
$410.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NWSA
NWSA
PSN
PSN
Q4 25
$231.0M
$167.5M
Q3 25
$85.0M
$162.8M
Q2 25
$189.0M
$159.8M
Q1 25
$511.0M
$-11.8M
Q4 24
$252.0M
$126.8M
Q3 24
$64.0M
$299.0M
Q2 24
$254.0M
$161.2M
Q1 24
$539.0M
$-63.4M
Free Cash Flow
NWSA
NWSA
PSN
PSN
Q4 25
$132.0M
$135.6M
Q3 25
$4.0M
$149.7M
Q2 25
$32.0M
$150.4M
Q1 25
$418.0M
$-25.3M
Q4 24
$190.0M
$108.0M
Q3 24
$-31.0M
$287.3M
Q2 24
$111.0M
$152.0M
Q1 24
$422.0M
$-72.9M
FCF Margin
NWSA
NWSA
PSN
PSN
Q4 25
5.6%
8.5%
Q3 25
0.2%
9.2%
Q2 25
2.0%
9.5%
Q1 25
20.8%
-1.6%
Q4 24
8.5%
6.2%
Q3 24
-1.2%
15.9%
Q2 24
4.3%
9.1%
Q1 24
17.4%
-4.7%
Capex Intensity
NWSA
NWSA
PSN
PSN
Q4 25
4.2%
2.0%
Q3 25
3.8%
0.8%
Q2 25
9.6%
0.6%
Q1 25
4.6%
0.9%
Q4 24
2.8%
1.1%
Q3 24
3.7%
0.6%
Q2 24
5.5%
0.6%
Q1 24
4.8%
0.6%
Cash Conversion
NWSA
NWSA
PSN
PSN
Q4 25
1.20×
3.01×
Q3 25
0.76×
2.54×
Q2 25
0.25×
2.89×
Q1 25
4.96×
-0.18×
Q4 24
1.17×
0.63×
Q3 24
0.54×
4.16×
Q2 24
5.08×
2.33×
Q1 24
17.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NWSA
NWSA

Book Publishing Segment$633.0M27%
Consumer$607.0M26%
News And Information Services Segment$570.0M24%
Real Estate$401.0M17%
Other Product Or Service$173.0M7%

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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