York Space Systems (NYSE:YSS) Releases Quarterly Earnings Results, Misses Expectations By $0.12 EPS

York Space Systems (NYSE:YSS) released its quarterly earnings data on Thursday. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by ($0.12), FiscalAI reports. The company 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 Price Performance

NYSE:YSS traded down $0.59 during midday trading on Friday, reaching $10.92. The stock had a trading volume of 6,594,214 shares, compared to its average volume of 2,440,744. The firm has a market capitalization of $1.42 billion and a PE ratio of -39.00. York Space Systems has a 1-year low of $9.63 and a 1-year high of $44.54. The company has a debt-to-equity ratio of 0.08, a current ratio of 5.53 and a quick ratio of 5.29. The business has a fifty day moving average price of $20.98.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. The Goldman Sachs Group raised their target price on York Space Systems from $28.00 to $31.00 and gave the company a “neutral” rating in a report on Monday, April 20th. Weiss Ratings reiterated a “sell (d)” rating on shares of York Space Systems in a research note on Wednesday. Citigroup increased their price objective on York Space Systems from $31.00 to $33.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Raymond James Financial downgraded York Space Systems from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 29th. Finally, Needham & Company LLC reduced their target price on York Space Systems from $33.00 to $18.00 and set a “buy” rating for the company in a report on Friday. Seven equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, York Space Systems has an average rating of “Moderate Buy” and an average price target of $33.40.

Key Headlines Impacting York Space Systems

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

• Positive Sentiment: Needham & Company lowered its price target from $33 to $18 but maintained a Buy rating. The new target still implies significant upside from recent trading levels, indicating the analyst believes the selloff may be excessive and that York’s long-term opportunity remains intact. StreetInsider analyst note
• Neutral Sentiment: York Space Systems reported second-quarter revenue of $92.5 million, up 10% year over year, while gross profit more than doubled to $22.2 million. Management’s earnings call and presentation may provide additional detail on demand, contract timing, and the path to profitability. York Space Systems Reports Second Quarter 2026 Results
• Negative Sentiment: Adjusted EBITDA remained negative at $9.5 million, and the company posted a quarterly loss of $39.3 million, or $0.31 per share. The loss was materially worse than analysts’ expected loss of $0.19 per share, raising concerns about cost control and near-term profitability. York Space Systems quarterly earnings report
• Negative Sentiment: York issued full-year 2026 revenue guidance of $375 million to $405 million, well below the approximately $555.3 million analyst consensus. The substantial outlook reduction is likely the biggest catalyst for the decline because it suggests weaker-than-expected contract timing, execution, or demand. York Space Systems financial results and guidance
• Negative Sentiment: A securities-fraud investigation by a law firm remains an additional overhang. The announcement reflects an attorney solicitation and allegations under investigation, not a finding of wrongdoing, but it may increase legal and reputational risk for investors. Securities fraud investigation announcement

Insiders Place Their Bets

In other York Space Systems news, major shareholder Blackrock Portfolio Management sold 201,504 shares of the company’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 completion of 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders have sold 655,215 shares of company stock worth $8,390,822.

Hedge Funds Weigh In On York Space Systems

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

York Space Systems Company Profile

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.