Growth & profitability
- Revenue has grown 28.0% per year over the past 5 years.
- Operating margin has expanded, at 3.8% in the latest year.
15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2026 | $299M | $134M | 30.5% | 3.8% | $18M | — | $141M |
| 2025 | $223M | -$133.8B | 27.8% | -0.5% | $26M | $0 | $79M |
| 2024 | $146M | $6.0B | 24.2% | -7.8% | $1M | $0 | $91M |
| 2023 | $106M | -$11.1B | 8.0% | -31.1% | -$24M | $15000 | $23M |
| 2022 | $108M | -$35.0B | 12.4% | -19.4% | -$20M | $90000 | $41M |
| 2021 | $87M | -$19.2B | 0.0% | -26.6% | -$10M | $0 | $68M |
| 2020 | $64M | -$17M | 14.8% | -36.2% | -$20M | — | $25M |
| 2019 | $56M | $27M | 24.9% | 60.5% | $42M | — | $77M |
| 2018 | $48M | -$33M | 7.8% | -66.4% | -$27M | — | $34M |
| 2017 | — | -$27M | — | — | -$12M | — | $27M |
| 2016 | — | -$23M | — | — | -$6M | — | $39M |
| 2015 | — | -$49M | — | — | — | — | $20M |
| 2014 | — | -$56M | — | — | -$14M | — | $43M |
| 2013 | — | -$66M | — | — | -$47M | — | $39M |
| 2012 | — | -$137M | — | — | -$152M | — | $46M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $86M | $5M | 27.3% | -0.6% | $7M | — | $141M |
| Dec '25 | $75M | $118M | 30.7% | 4.5% | $2M | $6M | $141M |
| Sep '25 | $66M | $5M | 31.0% | 4.5% | $5M | — | $213M |
| Jun '25 | $72M | $7M | 33.8% | 7.8% | $3M | — | $208M |
| Mar '25 | $67M | $1M | 26.5% | 2.5% | $5M | $0 | $79M |
| Dec '24 | $61M | $2M | 26.6% | 2.1% | $5M | — | $75M |
| Sep '24 | $54M | $5M | 28.7% | -1.4% | $12M | — | $72M |
| Jun '24 | $40M | -$3M | 30.3% | -8.2% | $3M | — | $93M |
| Mar '24 | $42M | -$2M | 24.8% | -5.3% | $2M | $0 | $91M |
| Dec '23 | $39M | -$2M | 25.4% | -3.7% | $1M | $0 | $24M |
| Sep '23 | $34M | -$2M | 25.2% | -7.0% | $681000 | $0 | $23M |
| Jun '23 | $30M | -$5M | 20.8% | -17.6% | -$2M | $9000 | $22M |
| Mar '23 | $32M | -$35M | 12.0% | -21.5% | -$6M | $15000 | $23M |
| Dec '22 | $24M | -$10M | 2.2% | -38.6% | -$6M | $35000 | $24M |
| Sep '22 | $28M | -$10M | 7.1% | -29.2% | -$6M | $58000 | $28M |
| Jun '22 | $23M | -$9M | 9.8% | -39.1% | -$6M | $71000 | $33M |
| Mar '22 | $108M | -$19M | 12.4% | -19.4% | -$3M | $90000 | $41M |
| Dec '21 | $27M | -$4M | 13.3% | -16.3% | -$4M | $113000 | $44M |
| Sep '21 | $28M | -$4M | 11.7% | -15.4% | -$6M | $125000 | $49M |
| Jun '21 | $25M | -$5M | 13.3% | -29.5% | -$6M | $143000 | $50M |
How the market has priced AMSC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, American Superconductor Corp /De/'s revenue has grown 28.0% per year. These are computed facts, not advice.
As of FY2026, American Superconductor Corp /De/ reported — of total debt against $141M of cash.
In FY2026, gross margin was 30.5%, operating margin 3.8%, and net margin 44.7%.
As of Jun '26, American Superconductor Corp /De/ traded at a price-to-earnings ratio of about 14.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.