Companies /Industrials

American Superconductor Corp

NASDAQ: AMSC Specialty Industrial Machinery
$28.88
▲ $0.39 (+1.37%) today
Markets open · 3:36pm ET

Q1 2026 Earnings

Reported Jul 30, 2025, 4:06pm ET · SEC source
$0.29
Beat +141.67%
EPS · est. $0.12
$72.4M
Beat +11.38%
Revenue · est. $65.0M
−15.5%
Trailing market
AMSC vs S&P since report
1 quarter
Consecutive EPS misses

Market Reaction

% change · around the report
−9%0+9%+18%Jul 30Jul 31report 4:06pm ETearnings−1.1%+21.1%
−9%0+9%+18%Jul 30Jul 31earnings−1.1%+21.1%
AMSC +21.1%S&P 500 −1.1%
−9%0+9%+18%Jul 30Jul 31report 4:06pm ETearnings−1.6%+21.1%
−9%0+9%+18%Jul 30Jul 31earnings−1.6%+21.1%
AMSC +21.1%NASDAQ −1.6%
0+10%+20%Jul 29Aug 7report 4:06pm ETearnings−0.7%+16.9%
0+10%+20%Jul 29Aug 7earnings−0.7%+16.9%
AMSC +16.9%S&P 500 −0.7%
0+10%+20%Jul 29Aug 7report 4:06pm ETearnings−0.4%+16.9%
0+10%+20%Jul 29Aug 7earnings−0.4%+16.9%
AMSC +16.9%NASDAQ −0.4%
+29.38%
Day of report
−5.45%
Next session
−4.49%
One week
−14.23%
30 days

S&P 500 over the same 30 days: +1.30%.

Did AMSC Beat Earnings? Q1 2026 Results

American Superconductor delivered a blowout first quarter of fiscal 2026, posting non-GAAP earnings of $0.29 per share against a consensus estimate of just $0.12, a beat of 141.67%, while revenue of $72.36 million topped expectations by 11.38% and surged 79.6% from the year-ago period. The standout driver was the Grid segment, which nearly doubled to $60.09 million from $32.34 million a year earlier, fueled by organic demand and the integration of recently acquired NWL, Inc. The company also swung to GAAP net income of $6.72 million compared to a loss of $2.52 million in the prior-year quarter, marking its fourth consecutive profitable quarter, with gross margin crossing the 30% threshold. Shares rallied sharply in the wake of the results, reflecting investor enthusiasm for AMSC's positioning in the semiconductor market, where AI and data center demand have added meaningful momentum. Looking ahead, management guided Q2 fiscal 2026 revenue of $65.00 million to $70.00 million, with non-GAAP net income expected to exceed $6.00 million, pointing to sustained profitability even as results moderate sequentially.

Key Takeaways
  • 80% year-over-year revenue growth driven by organic growth and NWL acquisition
  • Strength in semiconductor market driven by AI and data center demand
  • Gross margin expansion surpassing 30%
  • Fourth consecutive quarter of profitability
  • Grid segment revenue nearly doubled year over year

“We've kicked off fiscal 2025 with accelerated growth, delivering a standout first quarter marked by significant progress and exceptional execution that surpassed our expectations.”

American Superconductor CEO, on the earnings call

Forward Guidance & Outlook

For Q2 fiscal 2025 (ending September 30, 2025), AMSC expects revenues in the range of $65.0 million to $70.0 million. GAAP net income is expected to exceed $2.0 million, or $0.05 per share. Non-GAAP net income is expected to exceed $6.0 million, or $0.14 per share. Management expressed confidence in the remainder of fiscal 2025, citing steady bookings and backlog and strength in the semiconductor market driven by AI and data center demand.

AMSC YoY Financials

Q1 2026 vs Q1 2025 · SEC filings Q1 2025 Q1 2026
$0$20.0M$40.0M$60.0M$40.3M$72.4MRevenue$12.2M$24.5MGross Profit$1.5M$5.6MOperating Income$1.4M$6.7MNet Income
$0$20.0M$40.0M$60.0MRevenueGross ProfitOperating IncomeNet Income

AMSC Revenue by Segment

Grid$60.1M
Wind$12.3M

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