York Space Systems Earnings Call Transcripts
Fiscal Year 2026
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The discussion highlighted a shift to larger, consolidated government contracts, expanding the addressable market and pushing most revenue to 2027. The company is well positioned on key defense priorities, has doubled its commercial backlog, and leverages ALL.SPACE technology for jam-resistant communications.
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Q2 2026 revenue rose 10% year-over-year to $92.5 million, with strong contract wins and expanded capabilities through acquisitions. Full-year revenue guidance was lowered due to delayed government awards and supply chain issues, shifting growth into 2027. Gross margin improved to 24% and backlog remains robust.
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York is rapidly scaling as a leading satellite provider, leveraging vertical integration, selective acquisitions, and standardized platforms to deliver robust, cost-effective solutions for national security and commercial missions. Accelerated contract awards and investments in AI and supply chain resilience position the company for significant growth through 2027.
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Q1 2026 revenue grew 9% year-over-year to $116M, with backlog up 18% and strong new contract wins. Full-year guidance is reaffirmed at $545–$595M, despite supply chain delays shifting some revenue to H2. Strategic acquisitions and inventory build-out position the company for accelerated growth.
Fiscal Year 2025
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Revenue grew 52% year-over-year to $386.2M, with gross margin up 7 points to 20%. IPO proceeds and acquisitions strengthened liquidity and capabilities, supporting a 2026 revenue outlook of $545–$595M, driven by a robust backlog and new contract wins.