York Space Systems Reports Third Quarter 2026 Results

York Space Systems Inc. (YSS) filed an SEC Form 8-K — Results of Operations and Financial Condition. York Space Systems Reports Third Quarter 2026 Results Identified Pipeline Expands 30%, as Anticipated Focus on Competition and Vendor Diversity Strengthen York’s Position for Future Awards DENVER, CO – November 12, 2026 – York Space Systems Inc. (NYSE: YSS) (York) today announced

Event · Earnings
Also in this documentGuidance · $380M–$400M

Facts are quoted from the filing text and checked against it. Details that could not be matched to the text are left out.

Original reporting
Published Nov 12, 2026, 9:20 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 12, 2026, 9:24 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefEarnings
Primary signal
$YSS
Bearish
high confidence
Mentioned
$YSS
Relevance
7/10
AlphAI data visualization · based on SEC EDGAR 8-K
Decision brief

The 30-second read

$YSSBearishMed
01

Why it matters

The earnings release combines negative earnings with positive contract news, creating a mixed outlook that may initially depress the stock before potential recovery on contract execution.

02

Market read

Primary earnings disclosure for a small‑cap defense firm; immediate price impact likely negative, with longer‑term upside tied to contract execution.

03

What to watch

The goodwill impairment reflects past over‑investment; the current pipeline growth may mitigate long‑term risk.

Relevance 7/10Novelty 8/10Timing: after-hours release

Background

York Space Systems (NYSE:YSS) filed an 8‑K reporting its Q3 2026 financials, including revenue decline, a massive net loss, a goodwill impairment, and several new U.S. Space Force contracts.

Company-level read

Ticker impact

$YSSBearishHigh confidence
Context

York Space Systems disclosed Q3 2026 results with a $807.4M net loss, a $749.7M goodwill impairment, and new Space Force contracts, all for the first time via an 8‑K filing.

Expected impact

likely downward pressure as the market prices the large loss and impairment

Evidence & confidence

First‑time disclosure of a material net loss and goodwill write‑down typically triggers sell‑side reaction, despite contract additions that are modest relative to the loss.

Market effects

Highlights volatility in the defense space‑systems sector as firms report large impairments amid contract pipelines.

U.S. defense contractors may see heightened scrutiny on earnings quality.

Limited to investors tracking aerospace and defense equities.

Counterpoint

Contract wins could signal a turnaround if future awards materialize, offering a buying opportunity on the dip.

Key entities

  • York Space Systems Inc.

    U.S. defense contractor focused on space systems.

  • U.S. Space Force

    Awarded multiple contracts to York.

Related articles

$YSSHighAI 9/10

Why York Space Systems Stock Just Crashed

York Space Systems (YSS) stock fell 16.7% after reporting Q3 losses of $5.99 per share, below analysts' expectations. Revenue declined 7% to $84.2M, with a 4% drop in gross margin. The company took a $750M goodwill impairment charge due to uncertainty in future contract awards. Management identified 30% more contracts to bid on, but cash burn increased to $256M YTD, raising concerns about its financial health.

$YSSHigh

Why is York Space Systems stock crashing today?

York Space Systems (YSS) stock fell 16.8% after reporting Q3 2026 revenue of $84.2M, missing estimates, and a $749.7M goodwill impairment charge. Analysts downgraded or cut price targets, citing high expenses and delayed profitability. The company narrowed full-year revenue guidance to $380M-$400M. The stock hit a 52-week low of $5.13, down 87% from its high. Broader market declines added to the pressure.

$YSSHighAI 8/10

Why is York Space Systems stock sliding today?

York Space Systems (YSS) stock fell 9.6% in pre-market trading after reporting Q3 2026 revenue of $84.2M, down 7% YoY and below consensus. A $749.7M goodwill impairment charge resulted in a net loss of $807.4M. Management lowered full-year revenue guidance to $380M-$400M. Analysts cut price targets, with Needham reducing its target to $10. YSS announced plans to acquire Outlook Industries, but no financial terms were disclosed.

$YSSMed

York Space Systems Q3 Earnings Call Highlights

York Space Systems (YSS) reported Q3 updates, including a full-year gross margin expectation in the low 20% range and a rise in contribution margin to 40%. The company's funded backlog stood at $581M, with a $14.9B identified pipeline. York expects to widen its adjusted EBITDA loss slightly in Q4. The company is expanding into unmanned systems and plans a demonstration in December. It ended Q3 with $309M in cash and a $150M revolving credit facility.