Companies /Industrials

American Superconductor Corp

NASDAQ: AMSC Specialty Industrial Machinery
$29.01
▲ $0.52 (+1.83%) today
Markets closed · 5:56pm ET

Q1 2027 Earnings

Reported Aug 5, 2026, 4:07pm ET · SEC source
$0.20
Miss −3.24%
EPS · est. $0.21 GAAP

Includes an $8.115 million favorable change in fair value of contingent consideration, which inflated GAAP net income relative to non-GAAP net income of $7.6 million ($0.16 diluted non-GAAP EPS)

$94.1M
Beat +9.18%
Revenue · est. $86.2M
1 quarter
Consecutive EPS misses

Market Reaction

% change · around the report
−12%−8%−4%0Aug 5Aug 6report 4:07pm ETearnings−0.2%−2.0%
−12%−8%−4%0Aug 5Aug 6earnings−0.2%−2.0%
AMSC −2.0%S&P 500 −0.2%
−12%−8%−4%0Aug 5Aug 6report 4:07pm ETearnings+0.1%−2.0%
−12%−8%−4%0Aug 5Aug 6earnings+0.1%−2.0%
AMSC −2.0%NASDAQ +0.1%
0+4%+8%+12%Aug 4Aug 13report 4:07pm ETearnings+0.9%+3.3%
0+4%+8%+12%Aug 4Aug 13earnings+0.9%+3.3%
AMSC +3.3%S&P 500 +0.9%
0+4%+8%+12%Aug 4Aug 13report 4:07pm ETearnings+2.1%+3.3%
0+4%+8%+12%Aug 4Aug 13earnings+2.1%+3.3%
AMSC +3.3%NASDAQ +2.1%
−1.52%
Day of report
−0.12%
Next session
−2.00%
One week

Did AMSC Beat Earnings? Q1 2027 Results

American Superconductor delivered a mixed first quarter of fiscal 2026, posting revenue of $94.07 million, a 30% year-over-year gain that cleared the $86.17 million consensus by 9.18%, yet GAAP earnings per share of $0.20 fell just short of the $0.21 analyst estimate, a 3.24% miss that snapped a five-consecutive-quarter streak of EPS beats. The top-line strength was driven by Grid segment revenue of $76.32 million, up from $60.09 million a year ago, reflecting organic momentum and the contribution of the Comtrafo acquisition. The GAAP EPS figure includes an $8.12 million favorable change in fair value of contingent consideration, which lifted reported net income to $9.49 million; non-GAAP net income came in at $7.62 million. Operating income nearly doubled to $9.83 million, and operating cash flow rose sharply to $16.01 million. A recently announced $25 million turnkey contract from a North American utility for a large-scale mining development underscored the demand picture, with total orders exceeding a record $130 million. Looking ahead, management guided Q2 revenue above $85 million and non-GAAP net income above $8 million, with gross margin improvement expected in the second half.

Key Takeaways
  • 30% year-over-year revenue growth driven by organic growth and Comtrafo acquisition
  • Record total orders above $130 million driven by utility-sector mining developments
  • Operating cash flow nearly quadrupled to $16 million
  • 12-month backlog exceeding $300 million

“Our first quarter results mark a powerful start, pushing our quarterly revenue past $90 million with 30% year-over-year growth. This quarter, we saw accelerated market demand with orders over $130 million led by utility-sector mining developments and traditional energy markets. With a robust 12-month backlog exceeding $300 million and a strengthening cash position, we have set our sights on growth and believe we are well positioned for gross margin improvement in the second half of the fiscal year.”

American Superconductor CEO, on the earnings call

Forward Guidance & Outlook

For Q2 FY2026 ending September 30, 2026, AMSC expects revenues to exceed $85.0 million, GAAP net income to exceed $1.0 million ($0.02 per share), and non-GAAP net income to exceed $8.0 million ($0.17 per share). GAAP net income guidance assumes no changes in fair value of contingent consideration. Management expects gross margin improvement in the second half of the fiscal year. The company's 12-month backlog exceeds $300 million.

AMSC YoY Financials

Q1 2027 vs Q1 2026 · SEC filings Q1 2026 Q1 2027
$0$30.0M$60.0M$90.0M$72.4M$94.1MRevenue$24.5M$24.7MGross Profit$5.6M$9.8MOperating Income$6.7M$9.5MNet Income
$0$30.0M$60.0M$90.0MRevenueGross ProfitOperating IncomeNet Income

AMSC Revenue by Segment

Grid$76.3M+27.0%
Wind$17.8M+44.6%

Figures from SEC filings and company reports. Not investment advice.