Q1 27 EPS GAAP
$0.20
MISS 3.24%
Est. $0.21
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)
Q1 27 Revenue
$94.1M
BEAT +9.18%
Est. $86.2M
vs S&P Since Q1 27
-5.6%
TRAILING MARKET
AMSC -4.7% vs S&P +1.0%
Market Reaction
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… Read more 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
AMSC 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, source: SEC Filings
AMSC Revenue by Segment
With YoY comparisons, source: SEC Filings
“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.”
— Daniel P. McGahn, Q1 2027 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
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 27 MISS 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) | $0.21 | $0.20 | -3.24% | $94.1M | +9.18% |
| 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% |