AMSC
American Superconductor Corporation
NASDAQ: AMSC · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY
$47.70
+0.42% today
Updated 2026-04-29
Market cap
$2.27B
P/E ratio
15.69
P/S ratio
8.13x
EPS (TTM)
$3.04
Dividend yield
—
52W range
$20 – $70
Volume
1.1M
American Superconductor Corporation (AMSC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $50.87M | $52.18M | $112.40M | $182.75M | $315.95M | $286.60M | $76.54M | $87.42M | $84.12M | $70.53M | $96.02M | $75.19M | $48.40M | $56.21M | $63.84M | $87.13M | $108.44M | $105.98M | $145.64M | $222.82M |
| Revenue growth (YoY) | — | +2.6% | +115.4% | +62.6% | +72.9% | -9.3% | -73.3% | +14.2% | -3.8% | -16.2% | +36.1% | -21.7% | -35.6% | +16.1% | +13.6% | +36.5% | +24.5% | -2.3% | +37.4% | +53.0% |
| Cost of revenue | $53.45M | $52.70M | $80.36M | $130.88M | $200.98M | $308.18M | $82.88M | $71.94M | $72.86M | $67.44M | $74.04M | $64.35M | $44.61M | $42.19M | $54.39M | $69.67M | $94.94M | $97.46M | $110.36M | $160.96M |
| Gross profit | $-2.58M | $-517000.00 | $32.03M | $51.87M | $114.98M | $-21.58M | $-6.34M | $15.48M | $11.26M | $3.09M | $21.98M | $10.84M | $3.79M | $14.02M | $9.45M | $17.45M | $13.49M | $8.52M | $35.28M | $61.85M |
| Gross margin | -5.1% | -1.0% | 28.5% | 28.4% | 36.4% | -7.5% | -8.3% | 17.7% | 13.4% | 4.4% | 22.9% | 14.4% | 7.8% | 24.9% | 14.8% | 20.0% | 12.4% | 8.0% | 24.2% | 27.8% |
| R&D | $14.96M | $17.45M | $15.65M | $19.68M | $23.59M | $32.52M | $27.27M | $15.32M | $12.17M | $11.88M | $12.30M | $12.54M | $11.59M | $9.87M | $9.56M | $11.02M | $10.47M | $8.97M | $7.99M | $11.43M |
| SG&A | $10.99M | $17.89M | $28.75M | $37.52M | $50.45M | $72.38M | $72.12M | $49.65M | $37.23M | $29.22M | $28.86M | $25.69M | $22.58M | $22.03M | $22.67M | $25.32M | $5.85M | $28.70M | $31.60M | $43.09M |
| Operating income | $-33.49M | $-36.53M | $-24.89M | $-8.20M | $38.66M | $-177.98M | $-136.44M | $-57.74M | $-41.43M | $-52.52M | $-20.12M | $-27.54M | $-32.16M | $34.02M | $-23.13M | $-23.16M | $-21.09M | $-33.01M | $-11.37M | $-1.08M |
| Operating margin | -65.8% | -70.0% | -22.1% | -4.5% | 12.2% | -62.1% | -178.3% | -66.1% | -49.3% | -74.5% | -21.0% | -36.6% | -66.4% | 60.5% | -36.2% | -26.6% | -19.4% | -31.1% | -7.8% | -0.5% |
| EBITDA | $-25.58M | $-31.25M | $-7.33M | $1.24M | $48.90M | $-116.73M | $-91.25M | $-36.77M | $-27.82M | $-37.60M | $-11.37M | $-20.02M | $-19.10M | $-13.62M | $-18.82M | $-14.75M | $-21.60M | $-26.53M | $-1.97M | $12.14M |
| EBITDA margin | -50.3% | -59.9% | -6.5% | 0.7% | 15.5% | -40.7% | -119.2% | -42.1% | -33.1% | -53.3% | -11.8% | -26.6% | -39.5% | -24.2% | -29.5% | -16.9% | -19.9% | -25.0% | -1.3% | 5.4% |
| EBIT | $-33.49M | $-36.01M | $-17.43M | $-7.17M | $39.11M | $-128.03M | $-106.70M | $-49.82M | $-38.43M | $-47.15M | $-19.34M | $-27.54M | $-30.56M | $-18.23M | $-23.13M | $-20.11M | $-26.94M | $-31.89M | $-6.46M | $5.61M |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $14.95M | $9.66M | $1.88M | $1.04M | $383000.00 | $147000.00 | $1.12M | $1.33M | $6.46M | $75000.00 | $1.82M | — | — |
| Income tax | $-2.61M | $-101000.00 | $2.88M | $8.73M | $20.51M | $15.95M | $1.37M | $-264000.00 | $852000.00 | $-184000.00 | $2.39M | $1.14M | $-161000.00 | $6.38M | $195000.00 | $-832000.00 | $-1.85M | $215000.00 | $309000.00 | $-3.67M |
| Effective tax rate | 7.8% | 0.3% | -12.8% | -110.6% | 55.8% | -9.4% | -1.0% | 0.4% | -1.5% | 0.4% | -11.5% | -4.4% | 0.5% | 19.3% | -1.2% | 3.5% | 8.8% | -0.6% | -2.9% | -155.0% |
| Net income | $-30.88M | $-34.67M | $-25.45M | $-16.64M | $16.25M | $-186.28M | $-136.83M | $-66.13M | $-56.26M | $-48.66M | $-23.14M | $-27.37M | $-32.78M | $26.76M | $-17.10M | $-22.68M | $-19.19M | $-35.04M | $-11.11M | $6.03M |
| Net income growth (YoY) | — | -12.3% | +26.6% | +34.6% | +197.7% | -1246.5% | +26.5% | +51.7% | +14.9% | +13.5% | +52.4% | -18.3% | -19.7% | +181.6% | -163.9% | -32.7% | +15.4% | -82.6% | +68.3% | +154.3% |
| Profit margin | -60.7% | -66.4% | -22.6% | -9.1% | 5.1% | -65.0% | -178.8% | -75.6% | -66.9% | -69.0% | -24.1% | -36.4% | -67.7% | 47.6% | -26.8% | -26.0% | -17.7% | -33.1% | -7.6% | 2.7% |