AMSC · American Superconductor Corp /De/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $47.87M | $51.68M | $45.42M | $28.07M | $45.08M | $38.86M | - | $29.37M | $25.42M | $23.97M |
| Gross Profit | $24.49M | $22.85M | $20.44M | $12.22M | $16.33M | $15.61M | - | $9.98M | $8.59M | $6.28M |
| R&D | $4.30M | $3.54M | $3.73M | $2.29M | $3.00M | $2.65M | - | $2.20M | $1.64M | $1.85M |
| SG&A | $14.20M | $15.44M | $13.41M | $8.90M | $11.57M | $10.53M | - | $7.83M | $7.95M | $7.87M |
| Total Operating Expenses | $18.84M | $19.49M | $17.47M | $15.52M | $15.01M | $16.37M | - | $11.42M | $10.96M | $11.62M |
| D&A | $900.0K | $1.00M | $900.0K | $600.0K | $900.0K | $800.0K | - | $600.0K | $600.0K | $600.0K |
| Operating Income | $5.64M | $3.36M | $2.96M | ($3.29M) | $1.31M | ($753.0K) | - | ($1.44M) | ($2.37M) | ($5.33M) |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $199.0K | ($112.37M) | $117.0K | $193.0K | ($76.0K) | ($4.99M) | - | $63.0K | $106.0K | $121.0K |
| Net Income | $6.72M | $117.81M | $4.75M | ($2.52M) | $2.46M | $4.89M | - | ($1.65M) | ($2.48M) | ($5.40M) |
| EPS - Basic | $0.17 | $2.68 | $0.11 | ($0.07) | $0.07 | $0.13 | - | ($0.06) | ($0.09) | ($0.19) |
| EPS - Diluted | $0.17 | $2.62 | $0.11 | ($0.07) | $0.06 | $0.13 | - | ($0.06) | ($0.09) | ($0.19) |
Balance Sheet
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $140.69M | $141.07M | $212.89M | $79.49M | $75.20M | $72.13M | $90.52M | $23.98M | $22.82M | $22.00M |
| Accounts Receivable | $69.38M | $62.58M | $39.87M | $46.19M | $44.13M | $40.06M | $26.32M | $24.72M | $27.51M | $30.12M |
| Inventory | $103.75M | $105.41M | $75.46M | $71.17M | $74.59M | $70.88M | $41.86M | $44.20M | $47.84M | $42.87M |
| Accounts Payable | $13.02M | $16.19M | $7.40M | $6.73M | $4.13M | $3.83M | $4.48M | $5.87M | $11.39M | $10.88M |
| Current Assets | $331.74M | $324.99M | $342.86M | $206.52M | $205.43M | $195.08M | $166.47M | $100.20M | $104.11M | $102.19M |
| Total Assets | $739.48M | $719.53M | $445.60M | $310.52M | $310.28M | $298.45M | $232.77M | $166.34M | $171.33M | $170.63M |
| Current Liabilities | $138.53M | $121.96M | $87.80M | $99.76M | $104.42M | $95.08M | $78.81M | $77.55M | $85.27M | $83.15M |
| Long-term Debt | - | $0 | - | - | - | - | $0 | $0 | $0 | $9.0K |
| Total Liabilities | $184.03M | $182.70M | $103.42M | $113.41M | $117.60M | $111.43M | $88.20M | $86.82M | $94.43M | $92.72M |
| Stockholders' Equity | $555.45M | $536.84M | $342.18M | $197.11M | $192.68M | $187.01M | $144.57M | $79.53M | $76.89M | $77.92M |
| Retained Earnings | ($926.82M) | ($931.35M) | ($1.05B) | ($1.06B) | ($1.06B) | ($1.06B) | ($1.07B) | ($1.07B) | ($1.06B) | ($1.06B) |
Cash Flow
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.13M | - | - | ($3.40M) | - | - | - | - | - | ($2.25M) |
| Investing Cash Flow | ($735.0K) | - | - | - | - | - | - | - | - | ($293.0K) |
| Financing Cash Flow | ($142.0K) | - | - | - | - | - | - | - | - | ($17.0K) |
| CapEx | $814.0K | - | - | - | - | - | - | - | - | $214.0K |
| Free Cash Flow | $3.31M | - | - | - | - | - | - | - | - | ($2.46M) |
Ratios
| Metric | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | 0.49 | - | - | - | - | - | - | - | - | 0.46 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 2.9% | -2068.3% | 2.4% | - | -3.2% | - | - | - | - | - |
| Return on assets | 0.9% | 16.4% | 1.1% | -0.8% | 0.8% | 1.6% | - | -1.0% | -1.5% | -3.2% |
| Return on equity | 1.2% | 21.9% | 1.4% | -1.3% | 1.3% | 2.6% | - | -2.1% | -3.2% | -6.9% |
| Return on invested capital | - | 0.6% | - | - | - | - | - | -1.4% | -2.4% | -5.4% |
| Liquidity | ||||||||||
| Current ratio | 2.39 | 2.66 | 3.90 | 2.07 | 1.97 | 2.05 | 2.11 | 1.29 | 1.22 | 1.23 |
| Quick ratio | 1.65 | 1.80 | 3.05 | 1.36 | 1.25 | 1.31 | 1.58 | 0.72 | 0.66 | 0.71 |
| Cash ratio | 1.02 | 1.16 | 2.42 | 0.80 | 0.72 | 0.76 | 1.15 | 0.31 | 0.27 | 0.26 |
| Leverage | ||||||||||
| Debt / Equity | - | 0.00 | - | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / Assets | - | 0.00 | - | - | - | - | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / EBITDA | - | 0.00 | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.33 | 1.34 | 1.30 | 1.58 | 1.61 | 1.60 | 1.61 | 2.09 | 2.23 | 2.19 |
| Liabilities / Assets | 0.25 | 0.25 | 0.23 | 0.37 | 0.38 | 0.37 | 0.38 | 0.52 | 0.55 | 0.54 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | 0.46 | 0.49 | 0.60 | 0.39 | 0.60 | 0.55 | - | 0.66 | 0.53 | 0.56 |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 791d | 745d | 606d | 926d | 604d | 666d | - | 549d | 687d | 653d |
| Days payable outstanding | 99d | 114d | 59d | 88d | 33d | 36d | - | 73d | 164d | 166d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 199.1x | 11.0x | 539.9x | - | 410.5x | 181.5x | - | - | - | - |
| P / B | 0.0x | 2.4x | 0.0x | 3.3x | 4.9x | 4.7x | - | 4.1x | 2.8x | 2.3x |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | -21.3x | 264.3x | -54.4x | - | 393.7x | 17294.6x | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 100.3% | 40.0% | 30.9% | - | - | - | - | 1831.1% | 335.8% | 182.8% |
| Operating income growth (YoY) | - | 155.4% | - | - | - | - | - | 84.4% | 70.7% | 39.9% |
| Net income growth (YoY) | - | 4679.1% | -2.8% | - | - | - | - | 82.8% | 74.9% | 38.0% |
| EPS growth (YoY) | - | 4266.7% | -15.4% | - | - | - | - | 82.4% | 74.3% | 40.6% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | 61.0% |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 181.8% | 178.6% | 83.0% | 36.3% | - | - | 85.5% | -8.8% | -19.4% | -23.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2022-03-31.
Product / service
$1.10M totalGrant$1.10M · 100.0%
Peer comparison
Same SIC group: Motors & Generators
Comparing AMERICAN SUPERCONDUCTOR CORP /DE/ against the 4 most active filers in the same SIC group.