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

QVC Group, Inc. is the larger business by last-quarter revenue ($2.7B vs $1.5B, roughly 1.8× PARSONS CORP). PARSONS CORP runs the higher net margin — 3.5% vs -1.4%, a 4.9% gap on every dollar of revenue. On growth, PARSONS CORP posted the faster year-over-year revenue change (3.0% vs -9.1%). Over the past eight quarters, QVC Group, Inc.'s revenue compounded faster (6.9% CAGR vs -5.5%).

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.

QVC Group, is an American media conglomerate controlled by company chairman John C. Malone, who owns a majority of the voting shares.

PSN vs QVCGA — Head-to-Head

Bigger by revenue
QVCGA
QVCGA
1.8× larger
QVCGA
$2.7B
$1.5B
PSN
Growing faster (revenue YoY)
PSN
PSN
+12.1% gap
PSN
3.0%
-9.1%
QVCGA
Higher net margin
PSN
PSN
4.9% more per $
PSN
3.5%
-1.4%
QVCGA
Faster 2-yr revenue CAGR
QVCGA
QVCGA
Annualised
QVCGA
6.9%
-5.5%
PSN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PSN
PSN
QVCGA
QVCGA
Revenue
$1.5B
$2.7B
Net Profit
$52.9M
$-37.0M
Gross Margin
32.9%
Operating Margin
6.4%
3.7%
Net Margin
3.5%
-1.4%
Revenue YoY
3.0%
-9.1%
Net Profit YoY
-20.1%
97.1%
EPS (diluted)
$0.49
$-17.37

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
QVCGA
QVCGA
Q1 26
$1.5B
Q4 25
$1.6B
$2.7B
Q3 25
$1.6B
$2.2B
Q2 25
$1.6B
$2.2B
Q1 25
$1.6B
$2.1B
Q4 24
$1.7B
$2.9B
Q3 24
$1.8B
$2.3B
Q2 24
$1.7B
$2.4B
Net Profit
PSN
PSN
QVCGA
QVCGA
Q1 26
$52.9M
Q4 25
$55.6M
$-37.0M
Q3 25
$64.1M
$-80.0M
Q2 25
$55.2M
$-2.2B
Q1 25
$66.2M
$-100.0M
Q4 24
$201.3M
$-1.3B
Q3 24
$72.0M
$-23.0M
Q2 24
$69.2M
$20.0M
Gross Margin
PSN
PSN
QVCGA
QVCGA
Q1 26
Q4 25
23.0%
32.9%
Q3 25
22.2%
34.0%
Q2 25
22.0%
36.4%
Q1 25
22.8%
34.2%
Q4 24
21.3%
33.3%
Q3 24
19.9%
35.3%
Q2 24
21.0%
36.4%
Operating Margin
PSN
PSN
QVCGA
QVCGA
Q1 26
6.4%
Q4 25
6.6%
3.7%
Q3 25
6.7%
2.7%
Q2 25
6.0%
-101.6%
Q1 25
7.0%
0.7%
Q4 24
5.8%
-43.2%
Q3 24
6.4%
6.5%
Q2 24
6.7%
6.9%
Net Margin
PSN
PSN
QVCGA
QVCGA
Q1 26
3.5%
Q4 25
3.5%
-1.4%
Q3 25
4.0%
-3.6%
Q2 25
3.5%
-99.4%
Q1 25
4.3%
-4.8%
Q4 24
11.6%
-43.7%
Q3 24
4.0%
-1.0%
Q2 24
4.1%
0.8%
EPS (diluted)
PSN
PSN
QVCGA
QVCGA
Q1 26
$0.49
Q4 25
$0.51
$-17.37
Q3 25
$0.59
$-9.89
Q2 25
$0.50
$-275.46
Q1 25
$0.60
$-0.25
Q4 24
$1.85
Q3 24
$0.65
$-0.06
Q2 24
$0.63
$2.57

Balance Sheet & Financial Strength

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

Metric
PSN
PSN
QVCGA
QVCGA
Cash + ST InvestmentsLiquidity on hand
$2.0B
Total DebtLower is stronger
$1.5B
$790.0M
Stockholders' EquityBook value
$2.8B
$-3.1B
Total Assets
$6.0B
$7.6B
Debt / EquityLower = less leverage
0.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PSN
PSN
QVCGA
QVCGA
Q1 26
Q4 25
$466.4M
$2.0B
Q3 25
$422.6M
$1.8B
Q2 25
$411.3M
$897.0M
Q1 25
$269.7M
$833.0M
Q4 24
$453.5M
$905.0M
Q3 24
$558.8M
$873.0M
Q2 24
$528.5M
$1.2B
Total Debt
PSN
PSN
QVCGA
QVCGA
Q1 26
$1.5B
Q4 25
$1.2B
$790.0M
Q3 25
$1.2B
$5.9B
Q2 25
$1.2B
$4.9B
Q1 25
$785.2M
$5.0B
Q4 24
$784.1M
$4.1B
Q3 24
$1.1B
$5.1B
Q2 24
$1.2B
$5.3B
Stockholders' Equity
PSN
PSN
QVCGA
QVCGA
Q1 26
$2.8B
Q4 25
$2.6B
$-3.1B
Q3 25
$2.6B
$-3.1B
Q2 25
$2.5B
$-3.0B
Q1 25
$2.5B
$-981.0M
Q4 24
$2.4B
$-971.0M
Q3 24
$2.3B
$397.0M
Q2 24
$2.2B
$328.0M
Total Assets
PSN
PSN
QVCGA
QVCGA
Q1 26
$6.0B
Q4 25
$5.8B
$7.6B
Q3 25
$5.7B
$7.6B
Q2 25
$5.7B
$6.7B
Q1 25
$5.4B
$9.0B
Q4 24
$5.5B
$9.2B
Q3 24
$5.4B
$10.8B
Q2 24
$5.2B
$10.9B
Debt / Equity
PSN
PSN
QVCGA
QVCGA
Q1 26
0.55×
Q4 25
0.47×
Q3 25
0.48×
Q2 25
0.49×
Q1 25
0.32×
Q4 24
0.32×
Q3 24
0.49×
12.74×
Q2 24
0.56×
16.28×

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
QVCGA
QVCGA
Operating Cash FlowLast quarter
$244.0M
Free Cash FlowOCF − Capex
$191.0M
FCF MarginFCF / Revenue
7.1%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$118.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PSN
PSN
QVCGA
QVCGA
Q1 26
Q4 25
$167.5M
$244.0M
Q3 25
$162.8M
$4.0M
Q2 25
$159.8M
$86.0M
Q1 25
$-11.8M
$-60.0M
Q4 24
$126.8M
$212.0M
Q3 24
$299.0M
$20.0M
Q2 24
$161.2M
$267.0M
Free Cash Flow
PSN
PSN
QVCGA
QVCGA
Q1 26
Q4 25
$135.6M
$191.0M
Q3 25
$149.7M
$-27.0M
Q2 25
$150.4M
$48.0M
Q1 25
$-25.3M
$-94.0M
Q4 24
$108.0M
$150.0M
Q3 24
$287.3M
$-23.0M
Q2 24
$152.0M
$213.0M
FCF Margin
PSN
PSN
QVCGA
QVCGA
Q1 26
Q4 25
8.5%
7.1%
Q3 25
9.2%
-1.2%
Q2 25
9.5%
2.1%
Q1 25
-1.6%
-4.5%
Q4 24
6.2%
5.1%
Q3 24
15.9%
-1.0%
Q2 24
9.1%
8.8%
Capex Intensity
PSN
PSN
QVCGA
QVCGA
Q1 26
Q4 25
2.0%
2.0%
Q3 25
0.8%
1.4%
Q2 25
0.6%
1.7%
Q1 25
0.9%
1.6%
Q4 24
1.1%
2.1%
Q3 24
0.6%
1.8%
Q2 24
0.6%
2.2%
Cash Conversion
PSN
PSN
QVCGA
QVCGA
Q1 26
Q4 25
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×
13.35×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PSN
PSN

Segment breakdown not available.

QVCGA
QVCGA

Other$915.0M34%
Home$754.0M28%
Beauty$260.0M10%
Apparel$254.0M9%
Electronics$187.0M7%
Accessories$181.0M7%
Jewelry$87.0M3%
Manufactured Product Other$38.0M1%

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