Company research
AMERICAN SUPERCONDUCTOR CORP /DE/
CIK 880807Updated Nov 6, 2026
SecurityAMSC · NASDAQ · equity
AMSC price & chart
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NASDAQ:AMSC on TradingView ↗In the news
AMSC to Report Fourth Quarter and Fiscal Year 2025 Financial Results on May 27, 2026 ↗
Recent filings
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
10-Q filing
Results of Operations and Financial Condition · Submission of Matters to a Vote of Security Holders
Items 2.02, 5.07, 9.01
Financials
FY 2026 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2026 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2027 | Q1 2026 | Q1 2025 | FY 2026 | FY 2025 | FY 2024 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 719,534,000Source | 310,278,000Source | — | 445,603,000Source | 298,448,000Source | 762,217,000Source | 452,846,000Source | 240,143,000Source | 739,481,000Source | 310,521,000Source | 232,771,000Source | 173,887,000Source |
| Property, Plant and Equipment, NetUSD | 87,451,000Source | 38,390,000Source | — | 38,956,000Source | 38,765,000Source | 98,755,000Source | 38,521,000Source | 10,529,000Source | 89,775,000Source | 38,572,000Source | 10,861,000Source | 13,656,000Source |
| GoodwillUSD | 166,373,000Source | 48,950,000Source | — | 48,164,000Source | 48,950,000Source | 176,678,000Source | 48,164,000Source | 43,471,000Source | 175,376,000Source | 48,164,000Source | 43,471,000Source | 43,471,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 13,852,000Source | 6,622,000Source | — | 5,242,000Source | 7,329,000Source | 12,680,000Source | 5,579,000Source | 5,957,000Source | 13,548,000Source | 5,916,000Source | 6,369,000Source | 11,311,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 141,072,000Source | 75,203,000Source | — | 212,891,000Source | 72,131,000Source | 143,707,000Source | 207,890,000Source | 93,455,000Source | 140,693,000Source | 79,494,000Source | 90,522,000Source | 40,584,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 62,581,000Source | 44,135,000Source | — | 39,870,000Source | 40,059,000Source | 80,736,000Source | 54,684,000Source | 23,529,000Source | 69,381,000Source | 46,186,000Source | 26,325,000Source | 20,280,000Source |
| Inventory, NetUSD | 105,408,000Source | 74,588,000Source | — | 75,457,000Source | 70,880,000Source | 98,017,000Source | 71,602,000Source | 45,149,000Source | 103,748,000Source | 71,169,000Source | 41,857,000Source | 23,666,000Source |
| Assets, CurrentUSD | 324,993,000Source | 205,434,000Source | — | 342,860,000Source | 195,077,000Source | 342,512,000Source | 348,857,000Source | 173,025,000Source | 331,737,000Source | 206,517,000Source | 166,467,000Source | 94,336,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 13,181,000Source | 10,194,000Source | — | 11,775,000Source | 10,806,000Source | 16,267,000Source | 13,332,000Source | 10,424,000Source | 14,367,000Source | 8,055,000Source | 7,295,000Source | 7,052,000Source |
| Operating Lease, Right-of-Use AssetUSD | 3,655,000Source | 4,050,000Source | — | 3,789,000Source | 3,744,000Source | 3,750,000Source | 4,041,000Source | 4,096,000Source | 3,897,000Source | 3,829,000Source | 2,557,000Source | 3,502,000Source |
| Other Assets, NoncurrentUSD | 1,019,000Source | 757,000Source | — | 833,000Source | 683,000Source | 1,089,000Source | 836,000Source | 351,000Source | 1,029,000Source | 958,000Source | 637,000Source | 239,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 182,698,000Source | 117,602,000Source | — | 103,421,000Source | 111,433,000Source | 189,743,000Source | 119,730,000Source | 96,799,000Source | 184,034,000Source | 113,407,000Source | 88,200,000Source | 64,498,000Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 480,000Source | 399,000Source | — | 456,000Source | 398,000Source | 489,000Source | 456,000Source | 374,000Source | 480,000Source | 399,000Source | 373,000Source | 289,000Source |
| Retained Earnings (Accumulated Deficit)USD | -931,345,000Source | -1,061,830,000Source | — | -1,049,151,000Source | -1,064,295,000Source | -917,326,000Source | -1,053,901,000Source | -1,069,182,000Source | -926,816,000Source | -1,060,625,000Source | -1,066,658,000Source | -1,020,506,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -4,326,000Source | 1,662,000Source | — | 1,376,000Source | 1,509,000Source | 5,773,000Source | 1,378,000Source | 1,597,000Source | 4,072,000Source | 1,565,000Source | 1,582,000Source | -291,000Source |
| Stockholders' Equity Attributable to ParentUSD | 536,836,000Source | 192,676,000Source | 79,525,000Source | 342,182,000Source | 187,015,000Source | 572,474,000Source | 333,116,000Source | 143,344,000Source | 555,447,000Source | 197,114,000Source | 144,571,000Source | 109,389,000Source |
| Additional Paid in Capital, Common StockUSD | 1,475,792,000Source | 1,256,210,000Source | — | 1,393,266,000Source | 1,253,168,000Source | 1,487,303,000Source | 1,388,948,000Source | 1,214,320,000Source | 1,481,476,000Source | 1,259,540,000Source | 1,212,913,000Source | 1,133,536,000Source |
| Liabilities and EquityUSD | 719,534,000Source | 310,278,000Source | — | 445,603,000Source | 298,448,000Source | 762,217,000Source | 452,846,000Source | 240,143,000Source | 739,481,000Source | 310,521,000Source | 232,771,000Source | 173,887,000Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 121,960,000Source | 104,425,000Source | — | 87,804,000Source | 95,085,000Source | 140,880,000Source | 105,310,000Source | 86,184,000Source | 138,527,000Source | 99,764,000Source | 78,808,000Source | 53,964,000Source |
| Operating Lease, Liability, CurrentUSD | 1,078,000Source | — | — | 968,000Source | 555,000Source | 1,327,000Source | 854,000Source | 862,000Source | 1,238,000Source | 685,000Source | 716,000Source | 740,000Source |
| Accounts Payable, CurrentUSD | 16,186,000Source | 4,130,000Source | — | 7,404,000Source | 3,831,000Source | 18,197,000Source | 11,861,000Source | 3,754,000Source | 13,015,000Source | 6,733,000Source | 4,476,000Source | 13,192,000Source |
| Operating Lease, Liability, NoncurrentUSD | 2,560,000Source | — | — | 2,681,000Source | 2,814,000Source | 2,570,000Source | 2,906,000Source | 3,359,000Source | 2,762,000Source | 2,684,000Source | 1,968,000Source | 2,900,000Source |
| Deferred Income Tax Liabilities, NetUSD | 0Source | 1,423,000Source | — | 1,674,000Source | 1,591,000Source | — | 1,647,000Source | 300,000Source | 0Source | 1,595,000Source | 300,000Source | 297,000Source |
| Other Liabilities, NoncurrentUSD | 613,000Source | 26,000Source | — | 29,000Source | 28,000Source | 641,000Source | 31,000Source | 27,000Source | 629,000Source | 28,000Source | 27,000Source | 25,000Source |
| Additional Financial Items | ||||||||||||
| Deferred Tax Liabilities, NetUSD | — | — | — | — | — | — | — | — | — | 417,000Source | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 6,124,000Source | — | — | — | — | — | — | — | — | — | 0Source | 90,000Source |
cash flow · annual statements
| Line item | Q4 2026 | Q4 2025 | Q3 2026 | Q3 2025 | Q2 2026 | Q2 2025 | Q1 2027 | Q1 2026 | FY 2026 | FY 2025 | FY 2024 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | 1,000,000Source | 900,000Source | 900,000Source | 800,000Source | 2,647,000Source | 900,000Source | 7,386,000Source | 5,560,000Source | 4,494,000Source | 2,700,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 5,264,000Source | 4,526,000Source | 15,869,000Source | 7,794,000Source | 4,652,000Source | 4,661,000Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | 11,119,000Source | 8,512,000Source | 16,292,000Source | 3,213,000Source | -4,340,000Source | 3,760,000Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | -4,947,000Source | 1,046,000Source | 6,961,000Source | 7,707,000Source | 6,841,000Source | 3,307,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | -272,000Source | 7,000Source | -118,683,000Source | -4,304,000Source | 65,000Source | -2,403,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 16,013,000Source | 4,125,000Source | 23,148,000Source | 28,285,000Source | 2,138,000Source | -18,977,000Source |
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | — | — | — | — | — | 72,096,000Source | — | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -10,489,000Source | -735,000Source | -77,082,000Source | -35,206,000Source | -961,000Source | -7,163,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | — | — | — | — | — | — | 51,000Source | -79,000Source | 98,000Source | -64,000Source | 27,000Source | -65,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 37,200,000Source | 814,000Source | 4,888,000Source | 2,415,000Source | 934,000Source | 938,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | — | — | — | — | — | 0Source | — | — | — | 46,000Source |
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | — | — | 0Source | 126,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 0Source | 124,577,000Source | 116,082,000Source | 8,000Source | 65,441,000Source | 142,000Source |
| Repayments of Long-term DebtUSD | — | — | — | — | — | — | — | 0Source | 8,809,000Source | 25,000Source | 65,000Source | 53,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | 5,560,000Source | 128,038,000Source | 62,172,000Source | -6,899,000Source | 66,605,000Source | -26,053,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | 43,000Source | 38,000Source | 706,000Source | 312,000Source | 286,000Source | 531,000Source |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | 3,822,000Source | 2,861,000Source | 3,766,000Source | 843,000Source | — | 4,526,000Source | 15,869,000Source | 7,794,000Source | 4,652,000Source | 4,661,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | — | — | — | — | — | — | — | — | — | — | — | -49,000Source |
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | — | — | 3,000,000Source | 2,400,000Source | 2,200,000Source | 2,500,000Source |
| DepreciationUSD | — | — | — | — | — | — | 1,700,000Source | 900,000Source | 4,400,000Source | 3,100,000Source | 2,300,000Source | — |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on DisposalUSD | — | — | — | — | — | — | — | — | — | — | 0Source | 0Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | — | — | — | — | — | — | -1,100,000Source | -700,000Source | -700,000Source | 100,000Source |
| Foreign Currency Transaction Gain (Loss), UnrealizedUSD | — | — | — | — | — | — | — | — | 2,000Source | 41,000Source | 2,000Source | 186,000Source |
| GoodwillUSD | — | — | 166,373,000Source | 48,950,000Source | 48,164,000Source | 48,950,000Source | 176,678,000Source | 48,164,000Source | 175,376,000Source | 48,164,000Source | 43,471,000Source | 43,471,000Source |
| Goodwill, Impairment LossUSD | — | — | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | — | 0Source | 0Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | — | — | — | 46,000Source | 293,000Source | 220,000Source | -132,000Source | — | — |
| Income Tax Expense (Benefit)USD | — | — | -112,373,000Source | -76,000Source | 117,000Source | -4,990,000Source | 1,262,000Source | 199,000Source | -117,061,000Source | -3,667,000Source | 309,000Source | -1,849,000Source |
| Inventory Write-downUSD | — | — | 400,000Source | 400,000Source | 1,100,000Source | 300,000Source | 1,073,000Source | 711,000Source | 3,497,000Source | 1,532,000Source | 1,970,000Source | 1,902,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 117,806,000Source | 2,465,000Source | 4,750,000Source | 4,887,000Source | 9,490,000Source | 6,724,000Source | 133,809,000Source | 6,033,000Source | -11,111,000Source | -19,193,000Source |
| Operating ExpensesUSD | — | — | 19,493,000Source | 15,011,000Source | 17,474,000Source | 16,366,000Source | 14,894,000Source | 18,845,000Source | 79,934,000Source | 62,931,000Source | 46,651,000Source | 34,581,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 77,000Source | 272,000Source | -367,000Source | -329,000Source | -617,000Source | 347,000Source | -1,053,000Source | -265,000Source | -736,000Source | -28,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 74,529,000Source | 61,403,000Source | 65,862,000Source | 54,471,000Source | 94,073,000Source | 72,358,000Source | 299,155,000Source | 222,818,000Source | 145,639,000Source | 108,435,000Source |
income statement · annual statements
| Line item | Q4 2026 | Q4 2025 | Q3 2026 | Q3 2025 | Q2 2026 | Q2 2025 | Q1 2027 | Q1 2026 | FY 2026 | FY 2025 | FY 2024 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of Goods and Services Sold | — | — | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source |
| Selling, General and Administrative ExpenseUSD | — | — | 15,440,000Source | 11,567,000Source | 13,408,000Source | 10,525,000Source | 18,618,000Source | 14,204,000Source | 57,647,000Source | 43,091,000Source | 31,600,000Source | 27,494,000Source |
| Operating Income (Loss)USD | — | — | 3,359,000Source | 1,315,000Source | 2,965,000Source | -753,000Source | 9,832,000Source | 5,644,000Source | 11,445,000Source | -1,077,000Source | -11,368,000Source | -21,089,000Source |
| Other Nonoperating Income (Expense)USD | — | — | 77,000Source | 272,000Source | -367,000Source | -329,000Source | -617,000Source | 347,000Source | -1,053,000Source | -265,000Source | -736,000Source | -28,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 5,433,000Source | 2,389,000Source | 4,867,000Source | -103,000Source | 10,752,000Source | 6,923,000Source | 16,748,000Source | 2,366,000Source | -10,802,000Source | -21,042,000Source |
| Income Tax Expense (Benefit)USD | — | — | -112,373,000Source | -76,000Source | 117,000Source | -4,990,000Source | 1,262,000Source | 199,000Source | -117,061,000Source | -3,667,000Source | 309,000Source | -1,849,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 117,806,000Source | 2,465,000Source | 4,750,000Source | 4,887,000Source | 9,490,000Source | 6,724,000Source | 133,809,000Source | 6,033,000Source | -11,111,000Source | -19,193,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 2.68Source | 0.07Source | 0.11Source | 0.13Source | 0.21Source | 0.17Source | 3.12Source | 0.16Source | -0.37Source | -0.71Source |
| Earnings Per Share, DilutedUSD per share | — | — | 2.62Source | 0.06Source | 0.11Source | 0.13Source | 0.2Source | 0.17Source | 3.05Source | 0.16Source | -0.37Source | -0.71Source |
| Total Revenue | — | — | — | — | — | — | — | — | — | — | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 43,957,000Source | 37,661,000Source | 43,242Source | 36,952Source | 45,995,000Source | 38,875,000Source | 42,945,000Source | 36,990,000Source | 29,825,000Source | 27,203,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 44,939,000Source | 38,463,000Source | 44,210Source | 37,499Source | 47,124,000Source | 39,742,000Source | 43,902,000Source | 37,718,000Source | 29,825,000Source | 27,203,000Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | — | — | — | — | — | — | 3,000,000Source | 2,400,000Source | 2,200,000Source | 2,500,000Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 1,622,000Source | 637,000Source | 244,000Source | 554,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | 1,789,000Source | 1,589,000Source | 1,297,000Source | 1,387,000Source | 2,647,000Source | 1,229,000Source | 7,386,000Source | 5,560,000Source | 4,494,000Source | 5,341,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | — | — | — | — | — | — | -1,100,000Source | -700,000Source | -700,000Source | 100,000Source |
| Goodwill, Impairment LossUSD | — | — | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | — | 0Source | 0Source | 0Source |
| Gross ProfitUSD | — | — | 22,852,000Source | 16,326,000Source | 20,439,000Source | 15,613,000Source | 24,726,000Source | 24,489,000Source | 91,379,000Source | 61,854,000Source | 35,283,000Source | 13,492,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | — | — | — | — | — | 18,641,000Source | 1,882,000Source | -11,503,000Source | -21,639,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | — | — | — | — | — | — | 46,000Source | 293,000Source | 220,000Source | -132,000Source | — | — |
| Interest Income (Expense), Nonoperating, NetUSD | — | — | 1,997,000Source | 802,000Source | 2,269,000Source | 979,000Source | 1,537,000Source | 932,000Source | 6,356,000Source | 3,708,000Source | 1,302,000Source | 75,000Source |
| Operating ExpensesUSD | — | — | 19,493,000Source | 15,011,000Source | 17,474,000Source | 16,366,000Source | 14,894,000Source | 18,845,000Source | 79,934,000Source | 62,931,000Source | 46,651,000Source | 34,581,000Source |
| Research and Development ExpenseUSD | — | — | 3,543,000Source | 3,000,000Source | 3,729,000Source | 2,646,000Source | 3,925,000Source | 4,304,000Source | 15,744,000Source | 11,425,000Source | 7,991,000Source | 10,470,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | 74,529,000Source | 61,403,000Source | 65,862,000Source | 54,471,000Source | 94,073,000Source | 72,358,000Source | 299,155,000Source | 222,818,000Source | 145,639,000Source | 108,435,000Source |