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

York Space Systems (NYSE:YSS) issued its quarterly earnings results on Thursday. The company reported ($1.51) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($1.39), FiscalAI reports. The company had revenue of $116.34 million during 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 Trading Down 16.9%

Shares of YSS stock traded down $4.91 during mid-day trading on Friday, hitting $24.04. The company’s stock had a trading volume of 1,458,183 shares, compared to its average volume of 2,074,481. The stock’s fifty day simple moving average is $28.28. York Space Systems has a 52 week low of $16.93 and a 52 week high of $44.54.

Wall Street Analyst Weigh In

Several analysts recently weighed in on YSS shares. Truist Financial raised York Space Systems to a “hold” rating in a research note on Friday, May 1st. Zacks Research raised shares of York Space Systems to a “hold” rating in a report on Tuesday, February 24th. Canaccord Genuity Group restated a “buy” rating and issued a $36.00 price target on shares of York Space Systems in a research note on Monday, March 23rd. Raymond James Financial initiated coverage on shares of York Space Systems in a report on Monday, February 23rd. They set an “outperform” rating and a $55.00 price target on the stock. Finally, JPMorgan Chase & Co. dropped their price objective on shares of York Space Systems from $39.00 to $38.00 and set an “overweight” rating for the company in a research note on Friday, March 20th. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, York Space Systems presently has an average rating of “Moderate Buy” and a consensus target price of $36.40.

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.