York Space Systems Q2 FY26 net loss widens 62% to $(39.34) million; revenue rises 10% to $92.55 million

Reuters2026/08/13 20:19

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York Space Systems posted Q2 revenue up 10% to 92.55 million; GAAP net loss widened 62% to 39.34 million.
GAAP gross profit more than doubled to 22.18 million; gross margin rose 13 percentage points to 24%.
Backlog slipped 8% from March 31 to 592 million; potential on awarded contracts totaled 1.85 billion, with an identified pipeline above 11.5 billion.
Year-to-date contract wins reached eight at an 88% win rate; the second T1TL launch added 21 satellites, taking the record to 42-for-42.
2026 revenue outlook cut to 375 million-405 million due to removal of new-business revenue tied to a shift in government acquisition methods.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. York Space Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-056704), on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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York Space Systems Q2 FY26 net loss widens 62% to $(39.34) million; revenue rises 10% to $92.55 million

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