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Side-by-side financial comparison of PARSONS CORP (PSN) and PATTERSON UTI ENERGY INC (PTEN). Click either name above to swap in a different company.

PARSONS CORP is the larger business by last-quarter revenue ($1.5B vs $1.1B, roughly 1.3× PATTERSON UTI ENERGY INC). PARSONS CORP runs the higher net margin — 3.5% vs -2.2%, a 5.7% gap on every dollar of revenue. On growth, PARSONS CORP posted the faster year-over-year revenue change (3.0% vs -12.7%). Over the past eight quarters, PARSONS CORP's revenue compounded faster (-5.5% CAGR vs -8.4%).

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.

Patterson UTI Energy Inc. is a leading oilfield services provider offering onshore contract drilling, pressure pumping, well completion and related support services. It primarily serves upstream oil and gas operators across North America, operating in major unconventional resource basins including shale and tight gas formations.

PSN vs PTEN — Head-to-Head

Bigger by revenue
PSN
PSN
1.3× larger
PSN
$1.5B
$1.1B
PTEN
Growing faster (revenue YoY)
PSN
PSN
+15.7% gap
PSN
3.0%
-12.7%
PTEN
Higher net margin
PSN
PSN
5.7% more per $
PSN
3.5%
-2.2%
PTEN
Faster 2-yr revenue CAGR
PSN
PSN
Annualised
PSN
-5.5%
-8.4%
PTEN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
PSN
PSN
PTEN
PTEN
Revenue
$1.5B
$1.1B
Net Profit
$52.9M
$-24.5M
Gross Margin
Operating Margin
6.4%
Net Margin
3.5%
-2.2%
Revenue YoY
3.0%
-12.7%
Net Profit YoY
-20.1%
-170.8%
EPS (diluted)
$0.49
$-0.06

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
PSN
PSN
PTEN
PTEN
Q1 26
$1.5B
$1.1B
Q4 25
$1.6B
$1.1B
Q3 25
$1.6B
$1.2B
Q2 25
$1.6B
$1.2B
Q1 25
$1.6B
$1.3B
Q4 24
$1.7B
$1.1B
Q3 24
$1.8B
$1.3B
Q2 24
$1.7B
$1.3B
Net Profit
PSN
PSN
PTEN
PTEN
Q1 26
$52.9M
$-24.5M
Q4 25
$55.6M
$-9.2M
Q3 25
$64.1M
$-36.4M
Q2 25
$55.2M
$-49.1M
Q1 25
$66.2M
$1.0M
Q4 24
$201.3M
$-51.4M
Q3 24
$72.0M
$-978.8M
Q2 24
$69.2M
$11.1M
Gross Margin
PSN
PSN
PTEN
PTEN
Q1 26
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%
Operating Margin
PSN
PSN
PTEN
PTEN
Q1 26
6.4%
Q4 25
6.6%
-0.0%
Q3 25
6.7%
-2.4%
Q2 25
6.0%
-2.4%
Q1 25
7.0%
1.3%
Q4 24
5.8%
-2.7%
Q3 24
6.4%
-73.8%
Q2 24
6.7%
3.4%
Net Margin
PSN
PSN
PTEN
PTEN
Q1 26
3.5%
-2.2%
Q4 25
3.5%
-0.8%
Q3 25
4.0%
-3.1%
Q2 25
3.5%
-4.1%
Q1 25
4.3%
0.1%
Q4 24
11.6%
-4.5%
Q3 24
4.0%
-72.9%
Q2 24
4.1%
0.8%
EPS (diluted)
PSN
PSN
PTEN
PTEN
Q1 26
$0.49
$-0.06
Q4 25
$0.51
$-0.01
Q3 25
$0.59
$-0.10
Q2 25
$0.50
$-0.13
Q1 25
$0.60
$0.00
Q4 24
$1.85
$-0.10
Q3 24
$0.65
$-2.50
Q2 24
$0.63
$0.03

Balance Sheet & Financial Strength

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

Metric
PSN
PSN
PTEN
PTEN
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$2.8B
$3.2B
Total Assets
$6.0B
$5.4B
Debt / EquityLower = less leverage
0.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PSN
PSN
PTEN
PTEN
Q1 26
Q4 25
$466.4M
$418.5M
Q3 25
$422.6M
$184.8M
Q2 25
$411.3M
$183.8M
Q1 25
$269.7M
$223.1M
Q4 24
$453.5M
$239.2M
Q3 24
$558.8M
$113.4M
Q2 24
$528.5M
$72.4M
Total Debt
PSN
PSN
PTEN
PTEN
Q1 26
$1.5B
Q4 25
$1.2B
$1.2B
Q3 25
$1.2B
$1.2B
Q2 25
$1.2B
$1.2B
Q1 25
$785.2M
$1.2B
Q4 24
$784.1M
$1.2B
Q3 24
$1.1B
$1.2B
Q2 24
$1.2B
$1.2B
Stockholders' Equity
PSN
PSN
PTEN
PTEN
Q1 26
$2.8B
$3.2B
Q4 25
$2.6B
$3.2B
Q3 25
$2.6B
$3.2B
Q2 25
$2.5B
$3.3B
Q1 25
$2.5B
$3.4B
Q4 24
$2.4B
$3.5B
Q3 24
$2.3B
$3.6B
Q2 24
$2.2B
$4.6B
Total Assets
PSN
PSN
PTEN
PTEN
Q1 26
$6.0B
$5.4B
Q4 25
$5.8B
$5.6B
Q3 25
$5.7B
$5.5B
Q2 25
$5.7B
$5.6B
Q1 25
$5.4B
$5.8B
Q4 24
$5.5B
$5.8B
Q3 24
$5.4B
$6.0B
Q2 24
$5.2B
$7.0B
Debt / Equity
PSN
PSN
PTEN
PTEN
Q1 26
0.55×
Q4 25
0.47×
0.38×
Q3 25
0.48×
0.38×
Q2 25
0.49×
0.37×
Q1 25
0.32×
0.36×
Q4 24
0.32×
0.36×
Q3 24
0.49×
0.35×
Q2 24
0.56×
0.27×

Cash Flow & Capital Efficiency

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

Metric
PSN
PSN
PTEN
PTEN
Operating Cash FlowLast quarter
$63.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PSN
PSN
PTEN
PTEN
Q1 26
$63.9M
Q4 25
$167.5M
$397.5M
Q3 25
$162.8M
$215.8M
Q2 25
$159.8M
$139.7M
Q1 25
$-11.8M
$208.1M
Q4 24
$126.8M
$315.8M
Q3 24
$299.0M
$296.3M
Q2 24
$161.2M
$197.5M
Free Cash Flow
PSN
PSN
PTEN
PTEN
Q1 26
Q4 25
$135.6M
$259.0M
Q3 25
$149.7M
$71.3M
Q2 25
$150.4M
$-4.5M
Q1 25
$-25.3M
$46.3M
Q4 24
$108.0M
$175.5M
Q3 24
$287.3M
$115.7M
Q2 24
$152.0M
$67.0M
FCF Margin
PSN
PSN
PTEN
PTEN
Q1 26
Q4 25
8.5%
22.6%
Q3 25
9.2%
6.1%
Q2 25
9.5%
-0.4%
Q1 25
-1.6%
3.7%
Q4 24
6.2%
15.3%
Q3 24
15.9%
8.6%
Q2 24
9.1%
5.0%
Capex Intensity
PSN
PSN
PTEN
PTEN
Q1 26
4.9%
Q4 25
2.0%
12.1%
Q3 25
0.8%
12.3%
Q2 25
0.6%
11.9%
Q1 25
0.9%
12.8%
Q4 24
1.1%
12.2%
Q3 24
0.6%
13.5%
Q2 24
0.6%
9.8%
Cash Conversion
PSN
PSN
PTEN
PTEN
Q1 26
Q4 25
3.01×
Q3 25
2.54×
Q2 25
2.89×
Q1 25
-0.18×
207.11×
Q4 24
0.63×
Q3 24
4.16×
Q2 24
2.33×
17.83×

Financial Flow Comparison

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

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