American Superconductor Corporation (AMSC)
NASDAQ:AMSC
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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.2Last Year’s EPS
0.29Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a broadly positive picture: record quarterly revenue, double‑digit and mid‑30s annual growth, significant backlog expansion (~40% YoY 12‑month backlog), sustained GAAP and non‑GAAP profitability, stronger gross margins, a fortified cash position (~$148M), and strategic expansion via the Comtrafo acquisition and new wins (defense, Inox wind ECS, initial data center orders). The primary negatives were integration and acquisition-related noncash charges (purchase accounting and a $4.2M contingent consideration loss), higher R&D/SG&A tied to the acquisition, and a one‑time tax benefit that may not recur (management warns taxes will normalize as NOLs are used). Operationally, labor-driven capacity scaling and the early-stage nature of the data center opportunity introduce execution and timing risk. Overall, the positives — strong revenue, orders, backlog, margins, cash, and profitable operations — materially outweigh the one‑time and integration headwinds.Company Guidance
Record Revenue Quarter and Strong Fiscal Year Growth
Q4 revenue of $86.4M (reported as >$85M) — up ~30% YoY vs $66.7M; fiscal 2025 revenue $299M — up 34% YoY vs $223M. Company delivered 7 consecutive quarters of GAAP profitability and 11 consecutive quarters of non-GAAP profitability, marking sustained profitable operations.
Robust Order Intake and Growing Backlog
Q4 orders reached nearly $100M. 12‑month backlog exceeded $280M — ~40% increase vs prior-year 12‑month backlog of $200M. Average quarterly orders in FY25 exceeded $70M (vs ~$60M prior year, adjusting for a one-time Navy order). Total new orders booked in FY25 were nearly $290M.
Segment Performance — Grid and Wind
Grid Q4 revenue $73.7M — up 33% YoY; grid comprised ~84% of FY25 revenue and grew 34% YoY. Wind Q4 revenue ~$12.7M — up 15% YoY; wind FY revenue grew 34% YoY and comprised ~16% of FY25 revenue. Inox orders: nearly $50M for 2MW/3MW ECS with ~40% shipped in the fiscal year.
Gross Margin Expansion
Q4 gross margin 27.3% vs 26.5% year-ago (Q4 included ~170 bps drag from Comtrafo purchase accounting adjustments). FY25 gross margin 30.5% vs 27.8% in FY24 — a 270 bps expansion year-over-year.
Improved Profitability and Strong Cash Position
Q4 GAAP net income $4.5M ($0.10/share) vs $1.2M prior-year; Q4 non-GAAP net income $14.1M ($0.31/share) vs $4.8M prior-year. FY25 GAAP net income $13.4M ($3.12/share) and non-GAAP $15.8M ($3.68/share). Cash and restricted cash ended FY25 at ~$148M (vs $85.4M prior year). Operating cash flow: $9.3M in Q4 and $23.1M for the full year.
Strategic Acquisition and Geographic Expansion
Completed acquisition of Comtrafo, broadening transformer product portfolio and expanding presence in Brazil/Latin America; management cites Comtrafo as enabling large power transformer opportunities in Brazil and LatAm with a roadmap to qualify for North American opportunities over time.
Defense and Military Execution
Delivered another Ship Protection System (SPS) to the US Navy (USS Richard McCool Jr.) and completed 4 of 5 SPS deliveries to date. Expect first delivery to the Royal Canadian Navy in FY26; continued sales of power supplies for shipyards and docked vessels.
Operational Scale-Up and Workforce Growth
Employee base expanded from ~690 to ~1,200 during FY25, supporting scaling of operations across segments and geographies; management reports factories can scale capacity principally by adding labor/shifts.
AMSC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AMSC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 27, 2026 | $52.68 | $51.33 | -2.56% |
Feb 04, 2026 | $27.61 | $25.95 | -6.01% |
Nov 05, 2025 | $59.42 | $36.55 | -38.49% |
Jul 30, 2025 | $43.94 | $56.85 | +29.38% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does American Superconductor Corporation (AMSC) report earnings?
American Superconductor Corporation (AMSC) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is American Superconductor Corporation (AMSC) earnings time?
American Superconductor Corporation (AMSC) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is AMSC EPS forecast?
AMSC EPS forecast for the fiscal quarter 2026 (Q1) is 0.2.