York Space Systems Reports Q1 2026 Financial Results
Satellite / Space
Earnings
IPO:
Jan 29, 2026
Industry:
GUIDED MISSILES & SPACE VEHICLES & PARTS
Show Chart?
Load external content from TradingView!
*You can change or withdraw your consent at any time in the footer under Cookies.
York Space Systems Reports Q1 2026 Financial Results
May 14, 2026 5:26 PM ET
DENVER, CO - York Space Systems Inc. (NYSE: YSS) reported its financial results for the first quarter ended March 31, 2026. The company, a provider of space mission solutions, highlighted a quarter of growth and strategic expansion, driven by both commercial wins and government program execution.
Financial Highlights
- Revenue increased to $116 million, marking a 9 percent rise compared to the prior year.
- Gross profit was $22 million, reflecting a gross margin of 19 percent.
- The company reported a net loss of $114.8 million for the quarter.
- Adjusted EBITDA was reported at a loss of $3.6 million.
- Total liquidity stands at $806 million, consisting of $656 million in cash and cash equivalents and $150 million available under a revolving facility.
- Backlog reached $642 million.
Strategic Developments
- York successfully completed its IPO, raising net proceeds of $583 million.
- The company acquired Orbion Space Technology to strengthen its supply chain regarding electric propulsion systems.
- A multi-year commercial contract valued at $187 million was secured for a 20+ satellite constellation using the M-CLASS platform.
- The company entered into a definitive agreement to acquire ALL.SPACE, aiming to create a comprehensive communications ecosystem.
- Operations are scaling, with the initiation of an inventory build for 20 satellite platforms to accelerate deployment timelines.
About York Space Systems Inc.
York Space Systems is a leading, U.S.-based, space and defense prime1 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. York is a partner of choice for our customers, with differentiated performance versus traditional primes based on price, speed to deployment, and sophistication of capabilities. We produce our satellites at approximately half the cost of our competitors and have been the first to deliver and launch satellites for the PWSA. York is the first and only company to demonstrate Link-162 connectivity from space, highlighting our unique and innovative capabilities.
More YSS News
Satellite / Space
Daily overview of upcoming SPAC and IPO events – from initial announcement to definitive agreement and public listing.
Discover last week’s SPAC and IPO highlights, key trends, and market updates. Stay informed with SpacStar.