York Space Systems (NYSE:YSS) Posts Quarterly Earnings Results, Misses Estimates By $1.39 EPS

York Space Systems (NYSE:YSS) announced its earnings results on Thursday. The company reported ($1.51) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($1.39), FiscalAI reports. The firm had revenue of $116.34 million for the quarter.

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

• Q1 revenue came in above expectations at $116.3 million, up 9% year over year, while backlog rose 18% to $642.3 million, helped by a new $187 million commercial constellation contract and new government awards.
• Management reaffirmed full-year 2026 revenue guidance of $545 million to $595 million, saying near-term supply chain delays are mainly pushing some revenue into the second half rather than changing the annual outlook.
• The company said it is building inventory and aiming to cut time to orbit by up to 75%, which it believes will support faster delivery cycles and help convert demand into revenue more quickly.
• York highlighted strategic M&A momentum with Orbion already acquired and ALL.SPACE signed, framing both deals as ways to strengthen vertical integration, supply chain control, and expansion into adjacent markets like unmanned systems.
• Operating profitability was pressured in the quarter, with gross margin down to 19% and adjusted EBITDA at negative $3.6 million, driven by EAC adjustments, depreciation, and higher SG&A/R&D tied to public company costs and acquisitions.

York Space Systems Stock Performance

Shares of NYSE:YSS traded down $4.92 on Friday, reaching $24.02. 4,604,060 shares of the company’s stock were exchanged, compared to its average volume of 2,123,596. York Space Systems has a fifty-two week low of $16.93 and a fifty-two week high of $44.54. The business has a 50-day simple moving average of $28.30.

Wall Street Analyst Weigh In

Several analysts recently issued reports on YSS shares. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $36.00 price target on shares of York Space Systems in a report on Monday, March 23rd. Needham & Company LLC cut their price target on shares of York Space Systems from $42.00 to $33.00 and set a “buy” rating on the stock in a report on Friday, March 20th. JPMorgan Chase & Co. cut their price target on shares of York Space Systems from $39.00 to $38.00 and set an “overweight” rating on the stock in a report on Friday, March 20th. Wells Fargo & Company started coverage on shares of York Space Systems in a report on Monday, February 23rd. They issued an “overweight” rating and a $35.00 price target on the stock. Finally, Truist Financial raised shares of York Space Systems to a “hold” rating in a report on Friday, May 1st. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $35.40.

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.