Every material Form 8-K York Space Systems Inc. has filed with the SEC since May 14, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
York Space Systems reported second-quarter 2026 revenue of $92.5 million, up 10% from a year earlier, and gross profit of $22.2 million, up from $9.5 million. Net loss widened to $39.3 million from $24.2 million, and the company lowered its full-year 2026 revenue outlook to $375 million to $405 million, citing the removal of new business revenue from 2026 due to a shift in government acquisition methods. The guidance cut lowers the revenue outlook for shareholders, while the quarter's revenue and gross profit gains partly offset the wider loss.
Q2 2026 revenue was $92.5 million, up 10%; gross profit was $22.2 million, up from $9.5 million, and gross margin rose to 24%.
Q2 2026 net loss was $39.3 million, up 62% from $24.2 million; six-month net loss was $154.2 million.
Full-year 2026 revenue guidance is $375 million to $405 million, which the company said reflects removing new business revenue due to a shift in government acquisition methods.
Backlog was $592.0 million at June 30, 2026, down 8% from $642.3 million on March 31, 2026.
York Space Systems said CFO Kevin Messerle is stepping down to pursue an opportunity outside the space industry, with Chief Accounting Officer Brian Frantz named interim Chief Financial Officer effective August 14, 2026. Messerle remains CFO through the filing of the second quarter 2026 Form 10-Q, scheduled for August 13, 2026, and the company said a formal search for a permanent CFO is underway.
Brian D. Frantz, 63, becomes interim CFO effective August 14, 2026, while remaining the Chief Accounting Officer role's holder since September 2025 is no longer described as ongoing in the filing.
Frantz's base salary increases by $9,000 per month to $36,000 per month during his interim service.
Kevin Messerle notified the company of his departure on July 30, 2026; the company says the departure is not due to any disagreement on operations, policies or practices.
York will report second quarter 2026 results on August 13, 2026.
York Space Systems reported first-quarter 2026 revenue of $116.3 million, up 9% from a year earlier, but its net loss widened to $114.8 million from $11.7 million, driven largely by an $84.7 million stock compensation expense. The company reaffirmed its full-year 2026 revenue guidance of $545 million to $595 million, which matters to shareholders because revenue grew while profitability weakened sharply.
Revenue rose to $116.3 million from $106.3 million, while gross margin fell to 19% from 23%.
Net loss was $114.8 million versus $11.7 million a year earlier; adjusted EBITDA was a loss of $3.6 million versus a $5.5 million profit.
Full-year 2026 revenue guidance of $545 million to $595 million was reaffirmed as of May 14, 2026.
Backlog rose to $642 million from $543 million at December 31, 2025, and cash was $656 million at March 31, 2026.
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