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← CockpitCompetitor Analysis › YSS York Space Systems, Inc.Open in the cockpit ↗

York Space Systems, Inc.YSSCompetitor analysis, valuation and peers

United States · USD·Industrials›Aerospace & Defense

Manufactures small satellite (smallsat) buses and platforms for government and commercial space missions.

Momentum laggard 4
Mkt cap
$860M
US dollars, full cap
Free float
63%
of shares outstanding
$/day
$11.1M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-20.7 pp
WACC 17.4%
Hurdle
n/a
no reverse DCF
Next earnings
6 days
12 Nov 2026
Close · USD$6.26
1D+13.6%
1W-0.9%
1M-13.4%
3M-40.3%
6M-82.0%
YTDn/a
1Yn/a
ATR %9.4%
52w lowhigh86.0% off high

What York Space Systems does

Manufactures small satellite (smallsat) buses and platforms for government and commercial space missions.

Products and services

  • Smallsat bus platforms
  • Satellite integration services

Customers

  • US Space Force/government space programs
  • Commercial satellite operators

Where it sits in the supply chain

  • Industrials
  • Satellite manufacturing
  • Smallsat buses/platforms

What could go right

  • US Space Force proliferated satellite constellation programs

What could go wrong

  • Government contract/funding timing risk
  • Satellite manufacturing execution risk

Moat: narrow (process know-how, scale). Standardized, rapidly-producible smallsat bus design built for government constellation programs.

Headquarters: Denver, Colorado, US · Founded: 2015 · Employees: 710

Named competitors

York Space Systems at a glance

Size York Space Systems (YSS) is a United States Industrials company (Aerospace & Defense) with a market value of $860M, the 2345th largest of 3,117 United States companies the cockpit tracks. Shares closed at $6.26 on 6 Nov 2026.

Performance Over six months the shares fell 82.0%, against -26.1% for the median peer and -1.1% for the United States market (cap-weighted) — lowest of 20 in its peer set.

Growth Revenue grew 52.3% over the last twelve months (peer median +12.6%); the operating margin is -15.2% (peer median 6.3%).

Valuation It trades at 1.3× enterprise value to sales against a peer median of 6.1× (2nd cheapest of 21).

Capital Return on invested capital runs 20.7 points below its cost of capital (17.4% WACC).

Backlog Backlog (remaining performance obligations) was $592M at 30 Jun 2026. Backlog detail →

Short interest Short interest is 9.4% of the free float (15 Oct 2026).

Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).

Relative performance

5010011 May 202611 Aug 20266 Nov 2026Peer median 72YSS 17
Six months, rebased to 100: York Space Systems against the median of its 20 peers (local-currency closes).

York Space Systems financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023
Revenuen/a$386M$254M$238M
Revenue growth—+52%+6%—
Gross profitn/a$75.5M$32.4M$54.9M
EBITDAn/a-$8.21M-$43.9M-$1.75M
Net incomen/a-$84.5M-$98.9M-$29.7M
Free cash flown/a-$130M$13.6M-$2.79M
Capital expendituren/a$8.86M$18.0M$18.5M
Total debt$177M$175M$220M$220M

Quarterly statements and history in the cockpit →

York Space Systems competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-20%0%688631300722PNGDRO300581AVON002970CHRT688510V1NC001388300696NPK7224300397PARAS300900EOS003009YSS6-month return →1-month return →
Up and to the right = strong over both horizons. York Space Systems is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%+150%0×10×20×688631300722TONBOPNGDRO300581AVON002970CHRT688510V1NC300696NPK7224300397PARAS300900EOS003009YSSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. York Space Systems is the large dot.

York Space Systems competitors and peer comparison

Head to head with its named competitors (YSS vs RKLB vs BA)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
York Space Systems YSS$860M-82%+52%-15%1.3×n/a
Rocket Lab RKLB$31.8B-50%+53%-29%38.5×n/a
Boeing BA$137B-27%+18%0%1.7×n/a

How York Space Systems compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

York Space Systems against its 20 peers (data as of 6 Nov 2026)
MeasureYSSPeer medianRank in peer set
1-month return-13.4%-3.3%6th lowest of 20
6-month return-82.0%-26.1%lowest of 20
Distance from 52-week high-86.0%-47.5%lowest of 20
Revenue growth (TTM)+52.3%+12.6%4th highest of 21
Operating margin-15.2%6.3%2nd lowest of 21
EV / Sales1.3×6.1×2nd cheapest of 21
ROIC minus cost of capital-20.7 pp-5.7 pp3rd lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
York Space Systems YSSUnited States$860M-82%+52%-15%1.3×n/an/a
Nanjing LES Information Technology 688631.SSChina$863M-38%-31%-5%5.1×36.9%-1.1%
Jiangxi Xinyu Guoke Technology 300722.SZChina$870M-26%+14%14%12.9×38.8%+12.9%
Tonbo Imaging India TONBO.NSIndia$895Mn/a-23%21%23.5×n/an/a
Kraken Robotics PNG.VCanada$896M-53%+21%-2%7.4×n/an/a
DroneShield DRO.AXAustralia$818M-60%+153%-14%3.8×n/an/a
Xi'an ChenXi Aviation Technology 300581.SZChina$906M-13%0%-78%49.0×n/an/a
Avon Technologies AVON.LUnited Kingdom$933M+45%+5%12%3.1×16.3%+7.4%
Streamax Technology 002970.SZChina$951M-51%+3%11%2.3×n/an/a
Cohort CHRT.LUnited Kingdom$774M+9%+13%11%1.9×n/an/a
Wuxi Hyatech 688510.SSChina$768M-41%-4%12%7.5×41.9%+18.2%
Vincorion V1NC.DEGermany$982M-5%+18%12%4.1×38.0%+47.5%
Shandong Senter Electronic 001388.SZChina$742M-16%+5%6%4.4×21.1%+17.7%
Chengdu ALD Aviation Manufacturing 300696.SZChina$733M-58%-18%-12%10.8×n/an/a
National Presto Industries NPKUnited States$1.02B0%+21%9%1.9×8.3%+7.4%
Shinmaywa Industries,Ltd 7224.TJapan$721M-32%+12%6%0.5×-5.6%+6.4%
Xi'An Tian He Defense Technology 300397.SZChina$713M-28%+69%-5%8.0×n/an/a
Paras Defence & Space Technologies PARAS.NSIndia$1.06B+43%+42%23%17.7×n/an/a
Guanglian Aviation Industry 300900.SZChina$1.07B-51%+1%-10%8.6×n/an/a
Electro Optic Systems EOS.AXAustralia$1.08B-18%+225%-7%5.5×n/an/a
Shaanxi Zhongtian Rocket Technology 003009.SZChina$1.10B-26%+42%-6%6.7×n/an/a

York Space Systems backlog

York Space Systems reported $592M of remaining performance obligations at 30 Jun 2026 and down 8% from the previous quarter. Book-to-bill last quarter: 0.46.

Questions

Who are York Space Systems's main competitors?
Named competitors: Rocket Lab (RKLB), Terran Orbital (private or unlisted), Boeing (Millennium Space Systems) (BA). The cockpit's measured peer set (industry) also includes Nanjing LES Information Technology (688631.SS), Jiangxi Xinyu Guoke Technology (300722.SZ), Tonbo Imaging India (TONBO.NS), Kraken Robotics (PNG.V), DroneShield (DRO.AX), Xi'an ChenXi Aviation Technology (300581.SZ).
Is York Space Systems expensive compared with its peers?
On ev / sales it trades at 1.3× against a peer median of 6.1×, 2nd cheapest of 21 in its peer set.
How has York Space Systems stock performed?
Over six months to 6 Nov 2026 the shares returned -82.0% against -26.1% for the median peer.
What is York Space Systems's backlog?
York Space Systems's remaining performance obligations (contracted revenue not yet recognised) were $592M at 30 Jun 2026.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.