York Space Systems Inc. reported financial results for the fiscal quarter ended June 30, 2026, announcing a full-year revenue guidance reduction to $375 million–$405 million due to shifts in U.S. government acquisition methodologies. For Q2 2026, revenue increased 10% year-over-year to $92.5 million, while gross profit surged 133% to $22.2 million as a negative estimate-at-completion adjustment from the prior year rolled off. The company reported a net loss of $39.3 million and an adjusted EBITDA loss of $9.5 million for the quarter. York secured eight contracts with an 88% win rate year-to-date, bringing its backlog to $592 million as of June 30. Liquidity stood at $684 million, comprising $534 million in cash and $150 million available under its revolving facility. The company operates in the aerospace and defense industry, providing spacecraft platforms and mission-critical solutions for national security and commercial customers.

York Space Systems Inc. announced that Kevin Messerle will step down as Chief Financial Officer, effective upon the filing of the Q2 2026 Form 10-Q on August 13, 2026. Brian D. Frantz, currently Chief Accounting Officer, has been appointed Interim Chief Financial Officer, effective August 14, 2026. Mr. Frantz’s base salary will increase by $9,000 per month to a total of $36,000 per month during his interim service. The departure is not due to any disagreement regarding the company's operations or policies. York Space Systems Inc. operates in the space and defense industry, providing mission-critical solutions for national security and commercial customers.