York Space Systems is trading 13.65% down now at $9.94 after its August 13, 2026 earnings release sharply reduced full-year revenue guidance to $375 million–$405 million.
- Management attributed the cut primarily to delayed revenue recognition from changing U.S. government procurement toward IDIQ contracts, with supply-chain delays also pushing revenue into 2027.
- The company reported $92.5 million in second-quarter revenue and a $0.31-per-share loss, while gross margins improved.
- The guidance reduction overshadowed operational gains, triggering heavy selling in early trading.