Q2 26 EPS
$0.20
BEAT +30.46%
Est. $0.15
Q2 26 Revenue
$65.9M
MISS 2.04%
Est. $67.2M
vs S&P Since Q2 26
-32.7%
TRAILING MARKET
AMSC -22.0% vs S&P +10.7%
Market Reaction
Did AMSC Beat Earnings? Q2 2026 Results
American Superconductor delivered a mixed but largely encouraging fiscal second quarter, beating Wall Street's earnings target while falling just short on revenue, a combination that sent shares sharply lower despite underlying business momentum that… Read more American Superconductor delivered a mixed but largely encouraging fiscal second quarter, beating Wall Street's earnings target while falling just short on revenue, a combination that sent shares sharply lower despite underlying business momentum that tells a more nuanced story. The company posted non-GAAP EPS of $0.20, clearing the $0.15 consensus estimate by 30.46%, while revenue of $65.86 million grew 20.9% year over year but came in roughly 2% below the $67.23 million analysts had expected. The Grid segment, which contributed $54.34 million of the quarter's total, was the primary engine of that growth, complemented by the NWL, Inc. Acquisition and a Wind segment that rose to $11.52 million from $7.54 million a year ago. Gross margin expanded past 30% and operating income swung to a positive $2.96 million from a loss of $753,000 in the prior-year period, underscoring improving cost leverage. Looking ahead, management guided Q3 revenue of $65.00 million to $70.00 million, with non-GAAP net income expected to exceed $6.00 million, or $0.14 per share, signaling continued profitability into the next quarter.
Key Takeaways
- • Organic revenue growth and contribution from the NWL, Inc. acquisition
- • Strong order demand across energy and military markets
- • Gross margin expansion surpassing 30%
- • Fifth consecutive quarter of profitability
AMSC YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
AMSC Revenue by Segment
With YoY comparisons, source: SEC Filings
“AMSC grew second quarter revenue by over 20% year-over-year, generated net income of nearly $5 million marking our fifth consecutive quarter of profitability and achieved expanded gross margins surpassing 30%.”
— Daniel P. McGahn, Q2 2026 Earnings Press Release
AMSC Earnings Trends
AMSC vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
AMSC EPS Trend
Earnings per share: estimate vs actual
AMSC Revenue Trend
Quarterly revenue: estimate vs actual
AMSC Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 26 BEAT FY | $0.19 | $0.30 | +55.20% | $86.4M | +5.93% |
| FY Full Year | $3.46 | $3.60 | +3.95% | $299.2M | +1.65% |
| Q3 26 BEAT | $0.15 | $2.75 | +1,733.33% | $74.5M | +7.96% |
| Q2 26 BEAT | $0.15 | $0.20 | +30.46% | $65.9M | -2.04% |
| Q1 26 BEAT | $0.12 | $0.29 | +141.67% | $72.4M | +11.38% |
| Q4 25 BEAT FY | $0.10 | $0.12 | +24.10% | $66.7M | +10.60% |
| FY Full Year | $0.61 | $0.64 | +5.49% | $222.8M | +2.95% |