York Space Systems Reports Third Quarter 2026 Results
Business Wire•12/11/2026•16:22 ET
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Key Highlights
- ➤Q3 revenue $84.2 million, down 7% year over year
- ➤Net loss $807.4 million, including a $749.7 million goodwill impairment charge
- ➤Full-year 2026 revenue guidance narrowed to $380 million-$400 million
- ➤Identified government pipeline reached $14.9 billion, up $3 billion since June 30
- ➤York intends to acquire Outlook Industries, targeting unmanned systems markets
Expert Statements
Dirk Wallinger, CEO of York Space Systems
“Our identified pipeline grew more than 30 percent compared to last quarter, and we have secured the critical contract positions needed to compete for significant awards in 2027 and beyond, with IDIQ awards already converting into funded task orders.”
Dirk Wallinger, CEO of York Space Systems
“Following the election, we expect greater demand for competition and vendor diversity and a significant realignment of government resources across proven providers.”
Dirk Wallinger, CEO of York Space Systems
“Our delivery record, production capacity and competitive pricing position York to benefit from that shift independent of total budget size.”
Dirk Wallinger, CEO of York Space Systems
“At the same time, we expect our proposed acquisition of Outlook Industries to open an entirely new market by extending our existing technology, production capabilities, and proven space ecosystem to unmanned platforms in the field.”
Dirk Wallinger, CEO of York Space Systems
“We believe unmanned fleets will define the future of defense, and York has built the infrastructure to support their operations at scale while keeping warfighters farther from the fight.”
Brian Frantz, CFO and CAO of York Space Systems
“Our contribution margins continue to benefit from the shift to newer programs, and we see a long-term trend toward increased profitability as we move up the value chain,”
Brian Frantz, CFO and CAO of York Space Systems
“More satellites in operation create opportunities for ongoing mission operations revenue, while delivering complete solutions allows us to capture more value from each mission.”
Brian Frantz, CFO and CAO of York Space Systems
“Expansion into adjacent markets further broadens our addressable market, building on the technology, production capacity, and infrastructure we’ve already invested in.”
Identified Pipeline Expands 30%, as Anticipated Focus on Competition and Vendor Diversity Strengthen York’s Position for Future Awards
York Space Systems Inc. (NYSE: YSS) (York) today announced financial results for the quarter ended September 30, 2026.
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