American Superconductor (AMSC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 26, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2027, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AMSC SEC filings page.
American Superconductor Corp (AMSC) reported $320.9M in revenue over the twelve months to Jun 30, 2026, up 25.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Growth is improving the operating engine, but FY2026 earnings were amplified by a large tax benefit rather than cash generation.
FY2026 net income included a tax benefit of$117M against only$134M of reported profit. That accounting lift did not carry into cash: operating cash flow was$23.1M , just17.3% of net income, revealing weak earnings-to-cash conversion despite positive operations.
Gross profit grew faster than revenue:
Equity grew
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of American Superconductor Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
American Superconductor Corp has an operating margin of 3.8%, meaning the company retains $4 of operating profit per $100 of revenue. This results in a moderate score of 32/100, indicating healthy but not exceptional operating efficiency. This is up from -0.5% the prior year.
American Superconductor Corp's revenue surged 34.3% year-over-year to $299.2M, reflecting rapid business expansion. This strong growth earns a score of 93/100.
With a current ratio of 2.39, American Superconductor Corp holds $2.39 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 68/100.
American Superconductor Corp has a free cash flow margin of 6.1%, earning a moderate score of 53/100. The company generates positive cash flow after capital investments, but with room for improvement.
American Superconductor Corp's ROE of 24.1% shows moderate profitability relative to equity, earning a score of 30/100. This is up from 3.1% the prior year.
American Superconductor Corp scores 3.03, well above the 2.99 safe threshold. The largest contribution to the score comes from a market capitalization of $1.2B against total liabilities of $184.0M. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
American Superconductor Corp passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
For every $1 of reported earnings, American Superconductor Corp generates $0.17 in operating cash flow ($23.1M OCF vs $133.8M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
American Superconductor Corp generated $94.1M in revenue in Q1 2027. This represents an increase of 30.0% from the same quarter a year earlier. Against the prior quarter it is up 8.9%.
American Superconductor Corp's EBITDA was $12.5M in Q1 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 90.7% from the same quarter a year earlier. Against the prior quarter it is up 207.1%.
American Superconductor Corp reported $9.5M in net income in Q1 2027. This represents an increase of 41.1% from the same quarter a year earlier. Against the prior quarter it is up 109.5%.
American Superconductor Corp earned $0.20 per diluted share (EPS) in Q1 2027. This represents an increase of 17.6% from the same quarter a year earlier.
Cash & Balance Sheet
American Superconductor Corp generated $5.6M in free cash flow in Q1 2027, representing cash available after capex. This represents an increase of 68.4% from the same quarter a year earlier. Against the prior quarter it is down 25.6%.
American Superconductor Corp held $143.7M in cash as of Q1 2027; no long-term debt figure is on record for that period.
Not reported for Q1 2027.
Margins & Returns
American Superconductor Corp's gross margin was 26.3% in Q1 2027, indicating the percentage of revenue retained after direct costs. This is down 7.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.0 percentage points.
American Superconductor Corp's operating margin was 10.4% in Q1 2027, reflecting core business profitability. This is up 2.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 11.1 percentage points.
American Superconductor Corp's net profit margin was 10.1% in Q1 2027, showing the share of revenue converted to profit. This is up 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.9 percentage points.
American Superconductor Corp's quarterly ROE was 1.7% in Q1 2027: one quarter's net income over shareholder equity, not annualized. This is down 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.8 percentage points.
Capital Allocation
American Superconductor Corp invested $3.9M in research and development in Q1 2027. This represents a decrease of 8.8% from the same quarter a year earlier. Against the prior quarter it is down 5.8%.
American Superconductor Corp invested $10.4M in capex in Q1 2027, funding long-term assets and infrastructure. This represents an increase of 1182.3% from the same quarter a year earlier. Against the prior quarter it is up 483.5%.
Not reported for Q1 2027.
AMSC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $94.1M+30.0% | $86.4M+29.6% | $74.5M+21.4% | $65.9M+20.9% | $72.4M+79.6% | $66.7M+58.6% | $61.4M+56.0% | $54.5M+60.2% |
| Cost of Revenue | $69.3M+44.9% | $62.8M+28.3% | $51.7M+14.6% | $45.4M+16.9% | $47.9M+70.6% | $49.0M+55.0% | $45.1M+53.5% | $38.9M+52.9% |
| Gross Profit | $24.7M+1.0% | $23.6M+33.4% | $22.9M+40.0% | $20.4M+30.9% | $24.5M+100.3% | $17.7M+69.6% | $16.3M+63.5% | $15.6M+81.8% |
| R&D Expenses | $3.9M-8.8% | $4.2M+19.3% | $3.5M+18.1% | $3.7M+40.9% | $4.3M+88.3% | $3.5M+52.0% | $3.0M+36.4% | $2.6M+61.2% |
| SG&A Expenses | $18.6M+31.1% | $14.6M+20.6% | $15.4M+33.5% | $13.4M+27.4% | $14.2M+59.6% | $12.1M+52.2% | $11.6M+47.7% | $10.5M+32.5% |
| Operating Income | $9.8M+74.2% | -$523K-131.7% | $3.4M+155.4% | $3.0Mn/m | $5.6Mn/m | $1.7Mn/m | $1.3Mn/m | -$753Kn/m |
| EBITDA | $12.5M+90.7% | $4.1M-17.3% | $4.4M+96.8% | $3.9M+8123.4% | $6.5Mn/m | $4.9M+954.1% | $2.2Mn/m | $47Kn/m |
| Income Tax | $1.3M+534.2% | -$5.0M-514.9% | -$112.4Mn/m | $117Kn/m | $199K+3.1% | $1.2M+6247.4% | -$76K-220.6% | -$5.0M-4807.5% |
| Net Income | $9.5M+41.1% | $4.5M+275.9% | $117.8M+4679.1% | $4.8M-2.8% | $6.7Mn/m | $1.2Mn/m | $2.5Mn/m | $4.9Mn/m |
| EPS (Basic) | $0.21+23.5% | $0.04 | $2.68+3728.6% | $0.11-15.4% | $0.17 | $0.03n/m | $0.07n/m | $0.13 |
| EPS (Diluted) | $0.20+17.6% | $0.04 | $2.62+4266.7% | $0.11-15.4% | $0.17 | $0.03n/m | $0.06n/m | $0.13 |
| Diluted Shares (Avg) | 47M+18.6% | N/A | 45M+16.8% | 44,210+17.9% | 40M | N/A | 38M+32.2% | 37,499 |
Not reported in any period shown, so not listed: Interest Expense.
AMSC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $762.2M+68.3% | $739.5M+138.1% | $719.5M+131.9% | $445.6M+49.3% | $452.8M+88.6% | $310.5M+33.4% | $310.3M+86.5% | $298.4M+74.2% |
| Current Assets | $342.5M-1.8% | $331.7M+60.6% | $325.0M+58.2% | $342.9M+75.8% | $348.9M+101.6% | $206.5M+24.1% | $205.4M+105.0% | $195.1M+87.4% |
| Cash & Equivalents | $143.7M-30.9% | $140.7M+77.0% | $141.1M+87.6% | $212.9M+195.1% | $207.9M+122.4% | $79.5M-12.2% | $75.2M+213.6% | $72.1M+216.1% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Inventory | $98.0M+36.9% | $103.7M+45.8% | $105.4M+41.3% | $75.5M+6.5% | $71.6M+58.6% | $71.2M+70.0% | $74.6M+68.8% | $70.9M+48.2% |
| Accounts Receivable | $80.7M+47.6% | $69.4M+50.2% | $62.6M+41.8% | $62.6M+56.2% | $54.7M+132.4% | $46.2M+75.4% | $44.1M+78.5% | $40.1M+45.6% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $176.7M+266.8% | $175.4M+264.1% | $166.4M+239.9% | $48.2M-1.6% | $48.2M+10.8% | $48.2M+10.8% | $49.0M+12.6% | $49.0M+12.6% |
| Total Liabilities | $189.7M+58.5% | $184.0M+62.3% | $182.7M+55.4% | $103.4M-7.2% | $119.7M+23.7% | $113.4M+28.6% | $117.6M+35.5% | $111.4M+18.0% |
| Current Liabilities | $140.9M+33.8% | $138.5M+38.9% | $122.0M+16.8% | $87.8M-7.7% | $105.3M+22.2% | $99.8M+26.6% | $104.4M+34.7% | $95.1M+11.5% |
| Non-Current Liabilities | $48.9M+238.9% | $45.5M+233.6% | $60.7M+360.9% | $15.6M-4.5% | $14.4M+35.8% | $13.6M+45.3% | $13.2M+42.2% | $16.3M+78.3% |
| Long-Term Debt | N/A | N/A | $6.1M | N/A | N/A | $0n/m | N/A | N/A |
| Total Equity | $572.5M+71.9% | $555.4M+181.8% | $536.8M+178.6% | $342.2M+83.0% | $333.1M+132.4% | $197.1M+36.3% | $192.7M+142.3% | $187.0M+143.2% |
| Retained Earnings | -$917.3Mn/m | -$926.8Mn/m | -$931.3Mn/m | -$1.0Bn/m | -$1.1Bn/m | -$1.1Bn/m | -$1.1Bn/m | -$1.1Bn/m |
AMSC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $16.0M+288.2% | $9.3M+47.6% | $3.2M-44.7% | $6.5M-49.0% | $4.1M+21.0% | $6.3M+181.4% | $5.9M+369.5% | $12.7M+1317.2% |
| Depreciation & Amortization | $2.6M+194.1% | $4.6M+40.7% | $1.0M+11.1% | $900K+12.5% | $900K+50.0% | $3.3M+16.7% | $900K+50.0% | $800K+33.3% |
| Stock-Based Compensation | $5.3M+16.3% | N/A | $5.3M+16.3% | $3.8M+346.7% | $4.5M+268.3% | N/A | $4.5M+297.0% | $843K-24.1% |
| Capital Expenditures | $10.4M+1182.3% | $1.8M+72.2% | $893K+70.4% | $1.4M+137.1% | $814K+207.2% | $1.0M+247.5% | $524K+155.6% | $587K+171.8% |
| Free Cash Flow | $5.6M+68.4% | $7.5M+42.8% | $2.4M-56.0% | $5.1M-58.0% | $3.3M+5.3% | $5.3M+171.2% | $5.3M+411.5% | $12.1M+1680.5% |
| Investing Cash Flow | -$10.5Mn/m | -$1.8Mn/m | -$73.1Mn/m | -$1.4Mn/m | -$735Kn/m | -$1.1Mn/m | -$575Kn/m | -$33.5Mn/m |
| Financing Cash Flow | $0-100.0% | -$7.8M-5284.7% | -$960Kn/m | $242Kn/m | $124.6Mn/m | $150K-99.8% | $0n/m | $0-100.0% |
| Share Buybacks | N/A | $0n/m | $0n/m | N/A | N/A | $0n/m | $0n/m | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
AMSC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 26.3%-7.6pp | 27.3%+0.8pp | 30.7%+4.1pp | 31.0%+2.4pp | 33.8%+3.5pp | 26.5%+1.7pp | 26.6%+1.2pp | 28.7%+3.4pp |
| Operating Margin | 10.4%+2.6pp | -0.6%-3.1pp | 4.5%+2.4pp | 4.5%+5.9pp | 7.8%+16.0pp | 2.5%+7.8pp | 2.1%+5.8pp | -1.4%+5.6pp |
| Net Margin | 10.1%+0.8pp | 5.2%+3.4pp | 158.1% | 7.2%-1.8pp | 9.3%+15.6pp | 1.8%+28.3pp | 4.0%+8.2pp | 9.0%+16.3pp |
| Return on Equity | 1.7%-0.4pp | 0.8%+0.2pp | 21.9%+20.7pp | 1.4%-1.2pp | 2.0%+3.8pp | 0.6%+8.3pp | 1.3%+3.4pp | 2.6%+5.8pp |
| Return on Assets | 1.3%-0.2pp | 0.6%+0.2pp | 16.4%+15.6pp | 1.1%-0.6pp | 1.5%+2.5pp | 0.4%+5.2pp | 0.8%+1.8pp | 1.6%+3.1pp |
| Current Ratio | 2.43-0.9x | 2.39+0.3x | 2.66+0.7x | 3.90+1.9x | 3.31+1.3x | 2.070.0x | 1.97+0.7x | 2.05+0.8x |
| Debt-to-Equity | N/A | N/A | 0.01 | N/A | N/A | 0.000.0x | N/A | N/A |
| Liabilities-to-Equity | 0.330.0x | 0.33-0.2x | 0.34-0.3x | 0.30-0.3x | 0.36-0.3x | 0.580.0x | 0.61-0.5x | 0.60-0.6x |
| Asset Turnover | 0.120.0x | 0.12-0.1x | 0.10-0.1x | 0.150.0x | 0.160.0x | 0.210.0x | 0.200.0x | 0.180.0x |
| FCF Margin | 5.9%+1.3pp | 8.7%+0.8pp | 3.2%-5.5pp | 7.7%-14.5pp | 4.6%-3.2pp | 7.9%+3.3pp | 8.7%+6.0pp | 22.3%+20.3pp |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| American Superconductor Corp AMSC | FY2026 | $299.2M | $133.8M | 44.7% | $1.2B | 57/100 |
| ATS Corporation ATS | FY2025 | $1.8B | -$19.5M | -1.1% | $1.9B | 40/100 |
| Standex International Corporation SXI | FY2026 | $891.6M | $104.6M | 11.7% | $3.0B | 63/100 |
| Enerpac Tool Group Corp. EPAC | FY2025 | $616.9M | $92.7M | 15.0% | $1.8B | 69/100 |
| Xometry, Inc. XMTR | FY2025 | $686.6M | -$61.7M | -9.0% | $5.2B | 49/100 |
| Power Solutions International, Inc. PSIX | FY2025 | $722.4M | $114.0M | 15.8% | $1.1B | 75/100 |
Where American Superconductor Corp Ranks
Frequently Asked Questions
What is American Superconductor Corp's annual revenue?
American Superconductor Corp (AMSC) reported $299.2M in total revenue for fiscal year 2026. This represents a 34.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is American Superconductor Corp's revenue growing?
American Superconductor Corp (AMSC) revenue grew by 34.3% year-over-year, from $222.8M to $299.2M in fiscal year 2026.
Is American Superconductor Corp profitable?
Yes, American Superconductor Corp (AMSC) reported a net income of $136.6M over the trailing 12 months to June 30, 2026. In fiscal year 2026 it reported a net income of $133.8M, with a net profit margin of 44.7%.
What is American Superconductor Corp's EBITDA?
American Superconductor Corp (AMSC) had EBITDA of $18.8M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is American Superconductor Corp's gross margin?
American Superconductor Corp (AMSC) had a gross margin of 30.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is American Superconductor Corp's operating margin?
American Superconductor Corp (AMSC) had an operating margin of 3.8% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is American Superconductor Corp's net profit margin?
American Superconductor Corp (AMSC) had a net profit margin of 44.7% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is American Superconductor Corp's return on equity (ROE)?
American Superconductor Corp (AMSC) has a return on equity of 24.1% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is American Superconductor Corp's free cash flow?
American Superconductor Corp (AMSC) generated $18.3M in free cash flow during fiscal year 2026. This represents a -29.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is American Superconductor Corp's operating cash flow?
American Superconductor Corp (AMSC) generated $23.1M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are American Superconductor Corp's total assets?
American Superconductor Corp (AMSC) had $739.5M in total assets as of fiscal year 2026, including both current and long-term assets.
What are American Superconductor Corp's capital expenditures?
American Superconductor Corp (AMSC) invested $4.9M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does American Superconductor Corp spend on research and development?
American Superconductor Corp (AMSC) invested $15.7M in research and development during fiscal year 2026.
What is American Superconductor Corp's current ratio?
American Superconductor Corp (AMSC) had a current ratio of 2.39 as of fiscal year 2026, which is generally considered healthy.
What is American Superconductor Corp's liabilities-to-equity ratio?
American Superconductor Corp (AMSC) had a liabilities-to-equity ratio of 0.33 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2026, because the filing data we hold for that year carries no long-term debt figure.
What is American Superconductor Corp's return on assets (ROA)?
American Superconductor Corp (AMSC) had a return on assets of 18.1% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is American Superconductor Corp's P/E ratio?
American Superconductor Corp (AMSC) trades at 9.0x earnings, its market capitalization divided by $136.6M net income, trailing 12 months to June 30, 2026. The market capitalization is $1.2B as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is American Superconductor Corp's price-to-sales ratio?
American Superconductor Corp (AMSC) trades at 3.8x sales, its market capitalization divided by $320.9M revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.2B as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is American Superconductor Corp's Altman Z-Score?
American Superconductor Corp (AMSC) has an Altman Z-Score of 3.03, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is American Superconductor Corp's Piotroski F-Score?
American Superconductor Corp (AMSC) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are American Superconductor Corp's earnings high quality?
American Superconductor Corp (AMSC) has an earnings quality ratio of 0.17x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is American Superconductor Corp?
American Superconductor Corp (AMSC) scores 57 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.