York Space Systems (NYSE:YSS) Issues Quarterly Earnings Results

York Space Systems (NYSE:YSS) posted its quarterly earnings results on Thursday. The company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of ($0.19) by ($0.12), FiscalAI reports. The firm had revenue of $92.55 million for the quarter.

Here are the key takeaways from York Space Systems’ conference call:

• 2026 revenue guidance was reduced to $375 million–$405 million, with the midpoint of $390 million $180 million below the prior outlook. The change reflects delayed government awards under the slower-starting IDIQ model and supply-chain issues pushing revenue into 2027, which will also pressure second-half adjusted EBITDA.
• York reported Q2 revenue of $92.5 million, up 10% year over year, while gross margin improved to 24% and contribution margin reached 42%. The company attributed the margin gains to a richer mix of newer programs and higher-margin post-launch operations and support.
• The company secured eight contracts in the first half of 2026 with an 88% proposal win rate, including four additional awards during the quarter. Backlog was $592 million, potential unawarded contracts reached $1.85 billion, and the identified pipeline exceeded $11.5 billion, although management expects much of that opportunity to contribute in 2027 and beyond.
• York completed delivery of all 42 Tranche 1 Transport Layer satellites, maintaining a 42-for-42 launch record, and is operating five mission sets across three constellations. The acquisitions of ALL.SPACE and Solestial expand assured-communications capabilities and strengthen domestic solar-cell supply, though ALL.SPACE will add further second-half operating expenses and required $155 million of post-quarter-end cash.

York Space Systems Stock Performance

Shares of YSS traded down $0.59 during midday trading on Friday, hitting $10.92. 5,360,250 shares of the stock were exchanged, compared to its average volume of 2,060,421. The company has a current ratio of 5.53, a quick ratio of 5.29 and a debt-to-equity ratio of 0.08. The firm has a market cap of $1.42 billion and a price-to-earnings ratio of -39.16. York Space Systems has a 52-week low of $9.63 and a 52-week high of $44.54. The stock’s fifty day moving average is $21.34.

More York Space Systems News

Here are the key news stories impacting York Space Systems this week:

• Positive Sentiment: Needham lowered its price target to $18 from $33 but maintained a Buy rating, implying substantial potential upside from recent trading levels. The revised target still reflects increased caution, but the rating suggests the firm believes the selloff has created an attractive risk-reward opportunity. Street Insider analyst note
• Positive Sentiment: Second-quarter revenue increased 10% year over year to $92.5 million, while gross profit rose 133% to $22.2 million, indicating improved profitability at the gross-profit level. York Space Systems second-quarter results
• Neutral Sentiment: A securities-fraud investigation announced by the Law Offices of Frank R. Cruz adds headline and litigation risk for investors. The announcement concerns alleged potential securities-law violations; it does not establish wrongdoing by York Space Systems. Securities fraud investigation announcement
• Negative Sentiment: York Space Systems reported a second-quarter loss of $0.31 per share, missing the $0.19 loss analysts expected. Net loss widened to $39.3 million from $24.2 million a year earlier, while adjusted EBITDA remained negative. York Space Systems earnings release
• Negative Sentiment: Management guided to fiscal-year 2026 revenue of $375 million to $405 million, far below the roughly $555.3 million consensus estimate. The large guidance gap is likely the main catalyst for the stock’s decline and raises concerns about demand, execution, or delivery timing.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Wall Street Zen cut shares of York Space Systems from a “hold” rating to a “sell” rating in a research report on Wednesday, August 5th. Raymond James Financial cut York Space Systems from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 29th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of York Space Systems in a research note on Wednesday. Needham & Company LLC lowered their price target on York Space Systems from $33.00 to $18.00 and set a “buy” rating for the company in a report on Friday. Finally, Citigroup raised their price objective on York Space Systems from $31.00 to $33.00 and gave the stock a “buy” rating in a research report on Wednesday, July 1st. Seven equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, York Space Systems has a consensus rating of “Moderate Buy” and a consensus price target of $33.40.

Insiders Place Their Bets

In other York Space Systems news, major shareholder Blackrock Portfolio Management sold 201,504 shares of the business’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $11.60, for a total transaction of $2,337,446.40. Following the sale, the insider directly owned 16,717,285 shares in the company, valued at $193,920,506. This represents a 1.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders sold 655,215 shares of company stock valued at $8,390,822.

Hedge Funds Weigh In On York Space Systems

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Persistent Asset Partners Ltd purchased a new position in York Space Systems in the second quarter worth approximately $53,000. Deutsche Bank AG increased its position in shares of York Space Systems by 66.6% in the 2nd quarter. Deutsche Bank AG now owns 19,019 shares of the company’s stock valued at $468,000 after purchasing an additional 7,603 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in shares of York Space Systems in the 2nd quarter valued at $350,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of York Space Systems during the 2nd quarter worth $1,162,000. Finally, BlackRock Inc. lifted its position in shares of York Space Systems by 1.1% during the 2nd quarter. BlackRock Inc. now owns 19,212,689 shares of the company’s stock worth $473,016,000 after purchasing an additional 200,250 shares during the last quarter.

About York Space Systems

York Space Systems is a leading, U.S.-based, space and defense prime(1) providing a comprehensive suite of mission-critical solutions for national security, government and commercial customers. York is one of the only space and defense primes with proprietary hardware and software capabilities designed to address customers’ complex mission requirements across the critical elements of the entire space ecosystem throughout the mission lifecycle. York is the number one provider to the U.S. Department of Defense’s (“DoD”) Proliferated Warfighter Space Architecture (“PWSA”) by number of spacecraft operating in-orbit, by number of contracts, and by variety of contract types as of September 2025.