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York Space Systems, Inc. YSS R2K

Industrials · Aerospace & Defense · United States
https://www.yorkspacesystems.com

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.

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$32.64
-2.89% 1Y

Market & Price

Market Cap
$4.23B
Current Price
$32.64
High / Low (52W)
$43.45 / $17.68
Beta
-

Valuation

Stock P/E
-
Industry PE
28.38
Forward P/E
61.15
PEG Ratio
-
Book Value
$17.36
Price to Book
1.88
P/S
10.68
EV/EBITDA
-36.79
Dividend Yield
-

Profitability & Returns

ROCE
-5.34%
ROE
-
ROA
-
Profit Margin
-47.35%
Op Margin
-89.86%
EPS (Latest Qtr)
$-1.51
EPS (TTM)
$-2.07

Balance Sheet & Liquidity

Debt/Equity
0.10
Quick Ratio
5.15
Current Ratio
5.53
Debt
$178.38M
Total Assets
$1.48B
Current Assets
$307.81M
Working Capital
$116.45M

Ownership

Promoter Holding
9.66%
Chg in Prom Hold
-
FII / Inst Holding
48.26%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$3.76B
Total Revenue (TTM)
$396.29M
EBITDA
$-102.08M
Free Cash Flow
-
Operating Cash Flow
$-126.29M
Shares Outstanding
129.69M
Gross Margin
18.42%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
27.36%
Profit 5Y
-92.53%
Revenue (YoY)
9.50%
Earnings (YoY)
-

PROS

  • Compounding revenue at 27.4% over 5 years.

CONS

  • Earnings shrank at -92.5% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 YSS York Space Systems, Inc. R2K 32.64 - $4.23B - -5.34% - 27.36% -92.53%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
5 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
6 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
7 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
8 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
9 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
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Quarterly Results

Figures in USD.

Metric Dec 2024Mar 2025Dec 2025Mar 2026
Revenue 76.61M106.25M105.35M116.34M
Cost of Revenue 60.95M81.65M84.28M94.19M
Gross Profit 15.66M24.60M21.07M22.15M
Operating Expenses 32.47M31.20M26.09M126.69M
Operating Income -16.82M-6.60M-5.02M-104.54M
EBITDA -7.39M6.06M-4.31M-95.95M
Interest Expense 7.39M7.06M5.23M2.90M
Pretax Income -26.89M-13.04M-23.27M-114.95M
Tax Provision -1.62M-1.31M5.22M-110.00K
Net Income -25.27M-11.73M-28.49M-114.84M
Diluted EPS --0.12--1.51
R&D Expense -4.40M-5.29M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2023Dec 2024Dec 2025
Revenue 238.10M253.53M386.20M
Cost of Revenue 183.20M221.11M310.74M
Gross Profit 54.90M32.42M75.46M
Operating Expenses 97.79M124.22M134.01M
Operating Income -42.89M-91.80M-58.55M
EBITDA 1.81M-46.29M-18.28M
Interest Expense 26.18M29.92M26.62M
Pretax Income -68.76M-124.29M-95.24M
Tax Provision -39.11M-25.38M-10.70M
Net Income -29.66M-98.91M-84.54M
Diluted EPS -0.28-0.92-0.68

Compounded Sales Growth

5 Years:27.36%
1 Year:9.50%

Compounded Profit Growth

5 Years:-92.53%
1 Year:-

Stock Price Performance

1 Year:-2.89%
6 Months:-
3 Months:+27.50%
1 Month:+11.63%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2023Dec 2024Dec 2025
Total Assets 1.37B1.32B1.48B
Current Assets 241.25M227.26M307.81M
Cash & Equivalents 81.15M104.66M162.57M
Inventory 23.27M34.60M18.75M
Receivables 2.29M2.13M11.54M
Total Liabilities 481.24M542.35M607.56M
Current Liabilities 164.64M225.54M191.35M
Long Term Debt 196.26M197.03M144.96M
Total Debt 220.44M220.12M175.13M
Total Equity 000
Shares Outstanding 124.80M124.80M125.00M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2023Dec 2024Dec 2025
Operating Cash Flow 15.70M31.61M-121.33M
Investing Cash Flow -62.85M-18.05M-25.26M
Financing Cash Flow 95.47M10.00M204.29M
Capital Expenditure -18.50M-18.05M-8.86M
Free Cash Flow -2.79M13.57M-130.19M
Net Change in Cash 48.31M23.57M57.70M

Ratios (Annual)

Figures in %.

Metric Dec 2023Dec 2024Dec 2025
Gross Margin % 23.1%12.8%19.5%
Operating Margin % -18.0%-36.2%-15.2%
Net Margin % -12.5%-39.0%-21.9%
ROE % ---
ROCE % -3.6%-8.4%-4.6%

Shareholding Pattern

Insiders
9.66%
Institutions
48.26%
Public Float
53.42%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 14.66% 19.01M $620.57M
2 Ae Industrial Partners, LP 8.71% 11.30M $368.76M
3 Allianz Asset Management GmbH 2.10% 2.73M $89.00M
4 Bank Of New York Mellon Corporation 1.30% 1.68M $54.85M
5 ClearBridge Investments, LLC 1.04% 1.35M $43.92M
6 Wellington Management Group, LLP 1.02% 1.33M $43.31M
7 Voya Investment Management LLC 0.83% 1.08M $35.17M
8 UBS Group AG 0.81% 1.05M $34.40M
9 Hood River Capital Management LLC 0.76% 988.51K $32.26M
10 Granahan Investment Management LLC 0.75% 967.61K $31.58M

Analyst View

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