York Space Systems, Inc. operates as a space and defense prime providing a comprehensive suite of mission-critical solutions for national security, government and commercial customers in the United States. It provides space and defense primes with proprietary hardware and software capabilities designed to address customers' requirements across the elements of the space ecosystem throughout the mission lifecycle. The company also engages in the design, production, integration, and operation of spacecraft to manage spacecraft and constellations. It offers S-CLASS, LX-CLASS, and M-CLASS spacecraft, which are satellite platforms to a range of space market needs. In addition, the company provides software that enables versatile integration of a variety of payloads for customers and supply chain commonalities across platforms, as well as software-enabled services. The company was formerly known as Yellowstone Midco Holdings II, LLC and changed its name to York Space Systems, Inc. in January 2026. York Space Systems, Inc. was founded in 2012 and is based in Greenwood Village, Colorado.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $386M | $-18M | $-85M | $-130M | -9.7% | 52.3% | -14.5% |
| 2024 | $254M | $-46M | $-99M | $14M | -12.7% | 6.5% | 233.5% |
| 2023 | $238M | $2M | $-30M | $-3M | -3.4% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Revenue | 238.10 | 253.53 | 386.20 |
| Operating Revenue | 238.10 | 253.53 | 386.20 |
| Cost Of Revenue | 183.20 | 221.11 | 310.74 |
| Gross Profit | 54.90 | 32.42 | 75.46 |
| Operating Expense | 97.79 | 124.22 | 134.01 |
| Research And Development | 6.97 | 20.44 | 18.36 |
| Selling General And Administration | 90.82 | 103.78 | 115.65 |
| Total Expenses | 280.99 | 345.33 | 444.75 |
| Operating Income | -42.89 | -91.80 | -58.55 |
| Total Operating Income As Reported | -46.14 | -91.97 | -70.66 |
| EBITDA | 1.81 | -46.29 | -18.28 |
| Normalized EBITDA | 5.06 | -46.12 | -3.97 |
| EBIT | -42.59 | -94.36 | -68.62 |
| Interest Income | 2.33 | 1.20 | 2.98 |
| Interest Expense | 26.18 | 29.92 | 26.62 |
| Net Interest Income | -23.85 | -28.72 | -23.64 |
| Other Non Operating Income Expenses | 1.23 | -3.60 | 1.26 |
| Other Income Expense | -2.03 | -3.77 | -13.05 |
| Interest Income Non Operating | 2.33 | 1.20 | 2.98 |
| Interest Expense Non Operating | 26.18 | 29.92 | 26.62 |
| Net Non Operating Interest Income Expense | -23.85 | -28.72 | -23.64 |
| Pretax Income | -68.76 | -124.29 | -95.24 |
| Tax Provision | -39.11 | -25.38 | -10.70 |
| Tax Rate For Calcs | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | -0.68 | -0.03 | -1.61 |
| Net Income Continuous Operations | -29.66 | -98.91 | -84.54 |
| Net Income From Continuing And Discontinued Operation | -29.66 | -98.91 | -84.54 |
| Net Income From Continuing Operation Net Minority Interest | -29.66 | -98.91 | -84.54 |
| Net Income | -29.66 | -98.91 | -84.54 |
| Net Income Common Stockholders | -29.66 | -98.91 | -85.08 |
| Net Income Including Noncontrolling Interests | -29.66 | -98.91 | -84.54 |
| Normalized Income | -27.09 | -98.77 | -71.83 |
| Diluted NI Availto Com Stockholders | -29.66 | -98.91 | -85.08 |
| Basic Average Shares | 107.58 | 107.58 | 125 |
| Diluted Average Shares | 107.58 | 107.58 | 125 |
| Reconciled Depreciation | 44.40 | 48.07 | 50.34 |
| Reconciled Cost Of Revenue | 183.20 | 221.11 | 310.74 |
| Total Unusual Items | -3.25 | -0.17 | -14.31 |
| Total Unusual Items Excluding Goodwill | -3.25 | -0.17 | -14.31 |
| Preferred Stock Dividends | 4.39 | 7.40 | 0.54 |
| Special Income Charges | -3.25 | -0.17 | -14.31 |
| Other Special Charges | - | - | 2.20 |
| Restructuring And Mergern Acquisition | 3.25 | 0.17 | 12.11 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| York Space Systems, Inc.this co. | YSS | $3.8B | -45.52 | 4.43 | -9.7% | -211.18 |
| BETA Technologies, Inc. | BETA | $4.3B | -5.82 | 2.39 | -41.0% | -3.99 |
| Redwire Corporation | RDW | $4.3B | -18.82 | 4.02 | -21.4% | -23.94 |
| The Brink's Company | BCO | $4.2B | 20.82 | 14.97 | 71.9% | 7.92 |
| NuScale Power Corporation | SMR | $4.2B |
| -11.67 |
| 3.55 |
| -30.4% |
| - |
| Tutor Perini Corporation | TPC | $3.8B | 47.50 | 3.14 | 6.6% | 11.47 |
| GPGI, Inc. | GPGI | $3.5B | -25.51 | 14.27 | -55.9% | -15.20 |
| T1 Energy Inc. | TE | $3.3B | -8.85 | 13.01 | -146.9% | -17.22 |
| Amprius Technologies, Inc. | AMPX | $3.2B | -72.51 | 30.75 | -42.4% | -168.40 |
| Peer Median | - | -10.26 | 8.51 | -35.7% | -15.20 | |
Historically, Apr has averaged the highest return (+49.6%); Jul the lowest (-40.2%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | β | -24.6%Negative MonthFeb 2026: -24.59% | -13.4%Negative MonthMar 2026: -13.40% | +49.6%Positive MonthApr 2026: +49.57% | -1.6%Neutral MonthMay 2026: -1.57% | -24.6%Negative MonthJun 2026: -24.57% | -40.2%Negative MonthJul 2026: -40.17% | -30.9%*Negative MonthAug 2026: -30.89% | β | β | β | β |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 1 year of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.