Parsons(PSN) - 2024 Q4 - Annual Results

Exhibit 99.1 Parsons Reports Record Results Since IPO for the Fourth Quarter and Fiscal Year 2024 Fourth Quarter Financial Highlights Record Fiscal Year 2024 Highlights Chantilly, VA – February 19, 2025, Parsons Corporation (NYSE: PSN) today announced financial results for the fourth quarter and fiscal year ended December 31, 2024. CEO Commentary "2024 was another exceptional year for Parsons. We achieved record results for total revenue, adjusted EBITDA, adjusted EBITDA margin, operating cash flow, contrac ...