York Space Systems Inc. (NYSE: YSS) announced its financial results for the fourth quarter and full year ended December 31, 2025, revealing a significant revenue increase of 52% year-on-year, reaching $386 million. This growth was primarily driven by strong execution on key contracts, particularly in the Department of Defense's Proliferated Warfighter Space Architecture. The company reported a gross profit of $75.5 million, reflecting a 133% increase compared to the previous year, and a gross margin improvement of 6.8 percentage points to 19.5%. Despite a net loss of $84.5 million for the year, York's leadership remains optimistic, with CFO Kevin Messerle stating, "We continue to drive margins upwards and expect to deliver positive adjusted EBITDA in 2026." The company also highlighted its strong balance sheet, bolstered by a recent IPO that raised $582.6 million, enhancing its liquidity position to $895.4 million. Looking ahead, York expects revenue for 2026 to range between $545 million and $595 million, with over 70% of this projected to come from its existing backlog. The company is well-positioned to capitalize on growing demand for its products and services, as it continues to innovate and expand its capabilities in the space and defense sectors.

Press Release distribution

National Press Distribution across U.S. Media. Direct Access to Key Decision Making Editors.