AMERICAN SUPERCONDUCTOR CORP /DE/ financials
Source: EDGAR filings · Built 2026-06-02T02:20:00Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2022 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 18.26M | 25.87M | 1.20M | -23.72M | -19.91M | -10.45M |
| EBITDA | 18.83M | 4.48M | -6.87M | -30.41M | -18.39M | -19.46M |
| Working Capital | 193.21M | 106.75M | 87.66M | 22.07M | 40.37M | 64.49M |
| Net Debt | -136.69M | -76.13M | -87.81M | -20.29M | -36.85M | -63.96M |
| Gross Margin | 30.55% | 27.76% | 24.23% | 8.04% | 12.44% | 20.03% |
| Operating Margin | 3.83% | -0.48% | -7.81% | -31.15% | -19.45% | -26.59% |
| Net Margin | 44.73% | 2.71% | -7.63% | -33.06% | -17.70% | -26.03% |
| Return on Equity (ROE) | 24.09% | 3.06% | -7.69% | -42.84% | -17.55% | -19.45% |
| Return on Assets (ROA) | 18.09% | 1.94% | -4.77% | -19.96% | -11.04% | -13.43% |
| Current Ratio | 2.39× | 2.07× | 2.11× | 1.26× | 1.75× | 2.58× |
| Debt-to-Equity | 0.01× | 0.02× | 0.02× | 0.04× | 0.03× | 0.03× |
| Effective Tax Rate | -698.96% | -154.99% | -2.86% | -0.62% | 8.79% | 3.54% |
| Cash Conversion Ratio | 0.17× | 4.69× | -0.19× | 0.64× | 0.99× | 0.38× |
| Accruals Ratio | 0.15× | -0.07× | -0.06× | -0.07× | -0.00× | -0.08× |
| SBC % of Revenue | 5.30% | 3.50% | 3.19% | 4.46% | 4.30% | 4.00% |
| CapEx Coverage | 4.74× | 11.71× | 2.29× | -18.19× | -20.23× | -4.92× |
| Free Cash Flow Per Share | $0.42 | $0.69 | $0.04 | $-0.85 | $-0.73 | $-437.41 |
Valuation Metrics
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2022 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 11.10× | 113.38× | — | — | — | — |
| P/FCF | 81.39× | 26.45× | 334.41× | — | — | — |
| FCF Yield | 1.23% | 3.78% | 0.30% | — | — | — |
| EV / EBITDA | 78.36× | 142.79× | — | — | — | — |
| P/S | 5.39× | 3.21× | 3.43× | 1.37× | 2.00× | 6.00× |
| P/B | 2.90× | 3.63× | 3.45× | 1.77× | 1.98× | 4.49× |
Income Statement
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2022 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Cost of Revenue | 207.78M | 160.96M | 110.36M | 97.46M | 94.94M | 69.67M |
| Gross Profit | 91.38M | 61.85M | 35.28M | 8.52M | 13.49M | 17.45M |
| Research and Development Expense | 15.74M | 11.43M | 7.99M | 8.97M | 10.47M | 11.02M |
| Selling, General and Administrative Expense | 57.65M | 43.09M | 31.60M | 28.70M | 27.49M | 25.32M |
| Operating Expenses | 79.93M | 62.93M | 46.65M | 41.53M | 34.58M | 40.62M |
| Operating Income (Loss) | 11.45M | -1.08M | -11.37M | -33.01M | -21.09M | -23.16M |
| Income Tax Expense (Benefit) | -117.06M | -3.67M | 309.00K | 215.00K | -1.85M | -832.00K |
| Net Income (Loss) Attributable to Parent | 133.81M | 6.03M | -11.11M | -35.04M | -19.19M | -22.68M |
| Earnings Per Share, Basic | $3.12 | $0.16 | $-0.37 | $-1.26 | $-0.71 | $-0.95 |
| Weighted Average Number of Shares Outstanding, Basic | 42.95M | 36.99M | 29.82M | 27.85M | 27.20M | 23,879 |
| Earnings Per Share, Diluted | $3.05 | $0.16 | $-0.37 | $-1.26 | $-0.71 | $-0.95 |
| Weighted Average Number of Shares Outstanding, Diluted | 43.90M | 37.72M | 29.82M | 27.85M | 27.20M | 23,879 |
Balance Sheet
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2022 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 140.69M | 79.49M | 90.52M | 23.36M | 40.58M | 67.81M |
| Assets, Current | 331.74M | 206.52M | 166.47M | 106.17M | 94.34M | 105.23M |
| Assets | 739.48M | 310.52M | 232.77M | 175.56M | 173.89M | 168.87M |
| Liabilities, Current | 138.53M | 99.76M | 78.81M | 84.11M | 53.96M | 40.74M |
| Long-term Debt, Excluding Current Maturities | — | 0 | 0 | 15.00K | 90.00K | 0 |
| Liabilities | 184.03M | 113.41M | 88.20M | 93.76M | 64.50M | 52.27M |
| Stockholders' Equity Attributable to Parent | 555.45M | 197.11M | 144.57M | 81.80M | 109.39M | 116.59M |
| Common Stock, Shares, Outstanding | 47.63M | 39.48M | 36.95M | 29.54M | 28.52M | 27.59M |
Cash Flow Statement
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2022 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 23.15M | 28.29M | 2.14M | -22.48M | -18.98M | -8.68M |
| Payments to Acquire Property, Plant, and Equipment | 4.89M | 2.42M | 934.00K | 1.24M | 938.00K | 1.76M |
| Net Cash Provided by (Used in) Investing Activities | -77.08M | -35.21M | -961.00K | -1.52M | -7.16M | 2.47M |
| Payments for Repurchase of Common Stock | 0 | 126.00K | 0 | — | — | — |
| Net Cash Provided by (Used in) Financing Activities | 116.08M | 8.00K | 65.44M | 162.00K | 142.00K | 50.83M |
Derived Metrics
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 7.50M | 10.76M | 8.41M | 3.31M | 5.25M | 20.62M |
| EBITDA | 2.68M | 4.36M | 3.87M | 6.54M | 4.91M | 2.21M |
| Working Capital | 193.21M | 203.03M | 255.06M | 243.55M | 106.75M | 101.01M |
| Net Debt | -136.69M | -131.31M | -209.24M | -204.13M | -76.13M | -71.80M |
| Gross Margin | 27.31% | 30.66% | 31.03% | 33.84% | 26.54% | 26.59% |
| Operating Margin | -0.60% | 4.51% | 4.50% | 7.80% | 2.48% | 2.14% |
| Net Margin | 5.24% | 158.07% | 7.21% | 9.29% | 1.81% | 4.01% |
| Return on Equity (ROE) | 0.82% | 21.94% | 1.39% | 2.02% | 0.61% | 1.28% |
| Return on Assets (ROA) | 0.61% | 16.37% | 1.07% | 1.48% | 0.39% | 0.79% |
| Current Ratio | 2.39× | 2.66× | 3.90× | 3.31× | 2.07× | 1.97× |
| Debt-to-Equity | 0.01× | 0.02× | 0.01× | 0.01× | 0.02× | 0.02× |
| Effective Tax Rate | 1055.49% | -2068.34% | 2.40% | 2.87% | 49.98% | -3.18% |
| Cash Conversion Ratio | 2.05× | 0.12× | 2.23× | 0.61× | 5.22× | 8.92× |
| Accruals Ratio | -0.01× | 0.14× | -0.01× | 0.01× | -0.02× | -0.06× |
| SBC % of Revenue | 4.35% | 16.25% | 12.59% | 6.25% | 4.29% | 8.03% |
| CapEx Coverage | 5.19× | 4.47× | 4.81× | 5.07× | 6.05× | 15.98× |
| Free Cash Flow Per Share | $0.17 | $0.24 | $0.19 | $0.08 | $0.14 | $0.54 |
Valuation Metrics
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 11.51× | 9.82× | 160.51× | 94.08× | 120.93× | — |
| EV / EBITDA | 84.57× | 62.95× | 141.10× | 105.90× | 142.76× | 6522.39× |
| P/S | 5.39× | 4.90× | 10.08× | 6.50× | 3.21× | 4.90× |
| P/B | 2.90× | 2.55× | 7.84× | 4.97× | 3.63× | 5.04× |
Income Statement
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Cost of Revenue | 62.81M | 51.68M | 45.42M | 47.87M | 48.96M | 45.08M |
| Gross Profit | 23.60M | 22.85M | 20.44M | 24.49M | 17.69M | 16.33M |
| Research and Development Expense | 4.17M | 3.54M | 3.73M | 4.30M | 3.49M | 3.00M |
| Selling, General and Administrative Expense | 14.60M | 15.44M | 13.41M | 14.20M | 12.10M | 11.57M |
| Operating Expenses | 24.12M | 19.49M | 17.47M | 18.84M | 16.04M | 15.01M |
| Operating Income (Loss) | -522.00K | 3.36M | 2.96M | 5.64M | 1.65M | 1.31M |
| Income Tax Expense (Benefit) | -5.00M | -112.37M | 117.00K | 199.00K | 1.20M | -76.00K |
| Net Income (Loss) Attributable to Parent | 4.53M | 117.81M | 4.75M | 6.72M | 1.21M | 2.46M |
| Earnings Per Share, Basic | $0.04 | $2.68 | $0.11 | $0.17 | $0.03 | $0.07 |
| Weighted Average Number of Shares Outstanding, Basic | 42.95M | 43.96M | 43,242 | 38,875 | 36.99M | 37.66M |
| Earnings Per Share, Diluted | $0.04 | $2.62 | $0.11 | $0.17 | $0.03 | $0.06 |
| Weighted Average Number of Shares Outstanding, Diluted | 43.90M | 44.94M | 44,210 | 39,742 | 37.72M | 38.46M |
Balance Sheet
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 140.69M | 141.07M | 212.89M | 207.89M | 79.49M | 75.20M |
| Assets, Current | 331.74M | 324.99M | 342.86M | 348.86M | 206.52M | 205.43M |
| Assets | 739.48M | 719.53M | 445.60M | 452.85M | 310.52M | 310.28M |
| Liabilities, Current | 138.53M | 121.96M | 87.80M | 105.31M | 99.76M | 104.42M |
| Long-term Debt, Excluding Current Maturities | — | 6.12M | — | — | 0 | — |
| Liabilities | 184.03M | 182.70M | 103.42M | 119.73M | 113.41M | 117.60M |
| Stockholders' Equity Attributable to Parent | 555.45M | 536.84M | 342.18M | 333.12M | 197.11M | 192.68M |
| Common Stock, Shares, Outstanding | 47.63M | 47.61M | 45.19M | 45.16M | 39.48M | 39.46M |
Cash Flow Statement
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 9.29M | 13.86M | 10.61M | 4.13M | 6.29M | 22.00M |
| Payments to Acquire Property, Plant, and Equipment | 1.79M | 3.10M | 2.21M | 814.00K | 1.04M | 1.38M |
| Net Cash Provided by (Used in) Investing Activities | -1.81M | -75.27M | -2.12M | -735.00K | -1.14M | -34.06M |
| Payments for Repurchase of Common Stock | 0 | 0 | 0 | — | 0 | 126.00K |
| Net Cash Provided by (Used in) Financing Activities | -7.78M | 123.86M | 124.82M | 124.58M | 150.00K | -142.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (AMSC CIK 0000880807),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.