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AI brief of an SEC Form 8-K · York Space Systems Inc. (YSS)

York Space cuts 2026 revenue guidance to $375M-$405M as Q2 net loss widens

Mixed Impact 4 of 5 guidance Written later

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.

Key points

  • 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.

The filing

CompanyYork Space Systems Inc. (YSS)
Form8-K, current report
Filed with the SECAug 13, 2026, 4:06 PM ET
Accession number0001628280-26-056704

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 13, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.