YSS
York Space Systems, Inc.Technology·Communication Equipment
$32.64
$4.2B market cap
Revenue
$221.7M
Free Cash Flow
$-86.6M
Rev Growth
+0.0%
FCF Margin
-39.1%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
York Space Systems, Inc. engages in providing a comprehensive suite of mission-critical solutions for national security, government, and commercial customers. It offers a vertically integrated, full technology stack of solutions including design, production, integration, and operation of spacecraft with turnkey offerings to manage spacecraft and constellations throughout the entire mission lifecycle. The company was founded by Dirk Wallinger in January 2012 and is headquartered in Denver, CO.
2-Year Price History
$29.03-14.5%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 116.3 | -88.4 | -104.5 | -114.8 | -84.5 | -86.6 | -2.2 | 655.7 | 178.4 | 127.6 | -34.5% | -30.5x | -- |
| Act | 2025-Q4 | 105.4 | 8.7 | -5.0 | -28.5 | 0.0 | 0.0 | -0.0 | 162.6 | 175.1 | 127.6 | -4.0% | 1.7x | -- |
Valuation & Metrics
Market Stats
Price$32.64
Market Cap$4.2B
Enterprise Value$3.8B
P/S Ratio19.1x
P/FCF--
EV/FCF--
FCF Margin (TTM)-39.1%
FCF Yield-2.0%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$221.7M
Net Income$-143.3M
Free Cash Flow$-86.6M
Revenue Growth (YoY)+0.0%
EBITDA Margin-36.0%
Net Margin-64.7%
FCF Margin-39.1%
CapEx % of Revenue1.0%
SBC % of Revenue0.0%
ROIC-19.2%
WC Change % Rev22.8%
Interest Coverage-9.8x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares6.2M
Days to Cover2.4
Change (vs Prior)+9.2%
Need at least 2 settlement dates for chart
Employees
Headcount670
Revenue / Employee$330,884
Gross Profit / Employee$64,501
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
24.5%
129 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
13.2%
8 filers
Vanguard, iShares, SPDR
Market makers
0.0%
3 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
Not enough quarterly ownership history to chart yet.
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| BlackRock, Inc.Passive | $422M | $22.17 | +$422M | +$422M | — | $5.69T |
| AE INDUSTRIAL PARTNERS, LP | $250M | $22.17 | +$250M | +$250M | — | $1.63B |
| Allianz Asset Management GmbH | $60.5M | $22.17 | +$60.5M | +$60.5M | — | $86.14B |
| Bank of New York Mellon Corp | $37.3M | $22.17 | +$37.3M | +$37.3M | — | $543.21B |
| Clearbridge Investments, LLC | $29.8M | $22.17 | +$29.8M | +$29.8M | — | $114.75B |
| WELLINGTON MANAGEMENT GROUP LLP | $29.4M | $22.17 | +$29.4M | +$29.4M | — | $533.98B |
| VOYA INVESTMENT MANAGEMENT LLC | $23.9M | $22.17 | +$23.9M | +$23.9M | — | $87.20B |
| UBS Group AG | $23.4M | $22.17 | +$23.4M | +$23.4M | — | $562.11B |
| Hood River Capital Management LLC | $21.9M | $22.17 | +$21.9M | +$21.9M | — | $9.97B |
| GRANAHAN INVESTMENT MANAGEMENT INC/MA | $21.5M | $22.17 | +$21.5M | +$21.5M | — | $2.07B |
| CITADEL ADVISORS LLC | $21.0M | $22.17 | +$21.0M | +$21.0M | — | $138.22B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $18.6M | $22.17 | +$18.6M | +$18.6M | — | $4.04T |
| LORD, ABBETT & CO. LLC | $18.1M | $22.17 | +$18.1M | +$18.1M | — | $30.58B |
| VANGUARD PORTFOLIO MANAGEMENT LLCPassive | $17.5M | $22.17 | +$17.5M | +$17.5M | — | $1.91T |
| Allspring Global Investments Holdings, LLC | $17.3M | $22.17 | +$16.2M | +$17.3M | — | $59.61B |
| Artisan Partners Limited Partnership | $15.6M | $22.17 | +$15.6M | +$15.6M | — | $60.23B |
| Burkehill Global Management, LP | $14.8M | $22.17 | +$14.8M | +$14.8M | — | $1.91B |
| ArrowMark Colorado Holdings LLC | $14.4M | $22.17 | +$14.4M | +$14.4M | — | $3.74B |
| AMERIPRISE FINANCIAL INC | $13.8M | $22.17 | +$13.8M | +$13.8M | — | $430.96B |
| Daiwa Securities Group Inc. | $13.8M | $22.17 | +$13.8M | +$13.8M | — | $34.50B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BEARISH
Holders
-3.74%
avg per quarter
Holders (ex-self)
—
excl. this stock
Buyers (this Q)
-3.74%
140 buyers · $1.38B in
Sellers (this Q)
+0.00%
0 sellers · $0.00B out
alpha coverage: 97% of $ has a lifetime-alpha record
Holder behavior (holder profile)source: holder
On big dips (−10%+)
-6.6%
how holders react when this stock falls
On quiet Qs
-3.4%
−10% to +10% baseline
On rallies (+10%+)
-7.7%
how they react when this stock rises
Holders' portfolio flow this Q
-1.4%
outflows — trims may be forced
Sellers' portfolio flow this Q
+0.0%
Sellers' overall flow ~ flat.
New buyers this quarter
BlackRock, Inc.+$0.42BAE INDUSTRIAL PARTNERS, LP+$0.25BAllianz Asset Management GmbH+$0.06BBank of New York Mellon Corp+$0.04BClearbridge Investments, LLC+$0.03BWELLINGTON MANAGEMENT GROUP LLP+$0.03BVOYA INVESTMENT MANAGEMENT LLC+$0.02BUBS Group AG+$0.02BHood River Capital Management LLC+$0.02BGRANAHAN INVESTMENT MANAGEMENT INC/MA+$0.02B
Top-5 holders · 58.1%
BlackRock, Inc.--
AE INDUSTRIAL PARTNERS, LP--
Allianz Asset Management GmbH--
Bank of New York Mellon Corp--
Clearbridge Investments, LLC--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
Not enough holder history to plot.
Related Stocks
Investors who own this also own
Stocks held by the same active managers as this one, ranked by score — how much more often these appear together than random chance (1× = baseline). Excludes index ETFs and market makers; minimum 3 shared holders.
| Ticker | Name | Co-holders | Score |
|---|---|---|---|
| AMZN | Amazon.com, Inc. | 3 | 1.54× |
Analyst Coverage
Analyst Coverage
Price Targets
Last Quarter (10 analysts)$38.001640.0%
Last Year (10 analysts)$38.001640.0%
Current Price$32.64
Analyst Ratings
4
2
Buy: 4Hold: 2Consensus: Buy
Corporate
Order Flow (FINRA, ~3w lag)
32.2%retail+7.3pp
21.2%dark-4.7pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.