AMERICAN SUPERCONDUCTOR CORP /DE/
AMSC· Nasdaq· Motors & Generators
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 6.1%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +28.0%
We record prices for the companies we cover; AMSC is not one of them yet.
Company statistics
Profile · FY2026
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 43.9M
- Revenue
- $299.2M
- Free cash flow
- $18.3M
- Owner earnings
- $2.4M
Valuation · FY2026
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2026
- Gross
- 30.5%
- Operating
- 3.8%
- Net
- 44.7%
- Free cash flow
- 6.1%
- Owner earnings
- 0.8%
- Stock pay
- 5.3%
Returns
- ROIC, FY2026
- –
- ROIC, 5 yr avg
- –
- ROE, FY2026
- 24.1%
- ROE, 5 yr avg
- -8.2%
Growth (CAGR)
- Revenue, 3 yr
- 41.3%
- Revenue, 5 yr
- 28.0%
- Revenue, 9 yr
- 90.6%
- Diluted EPS, 3 yr
- –
- Diluted EPS, 5 yr
- –
- Diluted EPS, 9 yr
- –
- Free cash flow, 3 yr
- –
- Free cash flow, 5 yr
- –
- Free cash flow, 9 yr
- –
Financial health · FY2026
- Cash and investments
- $140.7M
- Total debt
- –
- Net cash
- –
- Debt/Equity
- –
- Debt/FCF
- –
Shareholder returns · FY2026
- Dividend yield
- –
- Payout ratio
- –
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- 13.0%
Financials: ten years from the 10-Ks
Revenue
$299.2M
+90.6% a year over 9 years
FY2017FY2026
Margins
Gross30.5%Operating3.8%Net44.7%
FY2026
FY2017FY2026
Free cash flow and owner earnings
Free cash flow$18.3MOwner earnings$2.4M
FY2026
FY2017FY2026
Diluted shares
43.9M
+218.0% over 9 years, net dilution
FY2017FY2026
Net cash
–
$90.5M more cash than debt
FY2017FY2026
Every figure, year by year
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| The business | ||||||||||
| Revenue | $900.0K | $48.4M | $56.2M | $63.8M | $87.1M | $108.4M | $106.0M | $145.6M | $222.8M | $299.2M |
| Revenue growth | – | 5278.1% | 16.1% | 13.6% | 36.5% | 24.5% | -2.3% | 37.4% | 53.0% | 34.3% |
| Gross margin | 1204.8% | 7.8% | 24.9% | 14.8% | – | 12.4% | 8.0% | 24.2% | 27.8% | 30.5% |
| Operating margin | -3060.2% | -66.4% | 60.5% | -36.2% | -26.6% | -19.4% | -31.1% | -7.8% | -0.5% | 3.8% |
| Net income | -$27.4M | -$32.8M | $26.8M | -$17.1M | -$22.7M | -$19.2M | -$35.0M | -$11.1M | $6.0M | $133.8M |
| Net margin | -3041.4% | -67.7% | 47.6% | -26.8% | -26.0% | -17.7% | -33.1% | -7.6% | 2.7% | 44.7% |
| Diluted EPS | $-1.98s | $-1.73s | $1.29s | $-1.03s | $-0.00s | $-0.71 | $-1.26 | $-0.37 | $0.16 | $3.05 |
| Return on invested capital? | – | – | – | – | – | – | – | – | – | – |
| Cash | ||||||||||
| Operating cash flow | -$11.2M | -$24.8M | $42.7M | -$16.5M | -$8.7M | -$19.0M | -$22.5M | $2.1M | $28.3M | $23.1M |
| Capital expenditure | $656.0K | $2.5M | $952.0K | $3.6M | $1.8M | $938.0K | $1.2M | $934.0K | $2.4M | $4.9M |
| Free cash flow | -$11.9M | -$27.4M | $41.8M | -$20.1M | -$10.4M | -$19.9M | -$23.7M | $1.2M | $25.9M | $18.3M |
| Stock-based compensation | $2.9M | $2.7M | $3.0M | $1.9M | $3.5M | $4.7M | $4.7M | $4.7M | $7.8M | $15.9M |
| Owner earnings? | -$14.8M | -$30.1M | $38.7M | -$22.0M | -$13.9M | -$24.6M | -$28.4M | -$3.4M | $18.1M | $2.4M |
| Free cash flow per share | $-0.86 | $-1.44 | $2.01 | $-0.96 | $-0.44 | $-0.73 | $-0.85 | $0.04 | $0.69 | $0.42 |
| Capital allocation | ||||||||||
| Dividends paid | – | – | – | – | – | – | – | – | – | – |
| Share repurchases | – | – | – | – | – | – | – | $0 | $126.0K | $0 |
| Diluted shares | 13.8Ms | 19.0Ms | 20.7Ms | 21.1Ms | 23.9Ms | 27.2M | 27.8M | 29.8M | 37.7M | 43.9M |
| Share count change? | 4.8% | 37.4% | 9.3% | 1.7% | 13.3% | 13.9% | 2.4% | 7.1% | 26.5% | 16.4% |
| Balance sheet | ||||||||||
| Cash and equivalents | $26.8M | $34.1M | $77.5M | $24.7M | $67.8M | $40.6M | $23.4M | $90.5M | $79.5M | $140.7M |
| Short-term investments | – | – | – | $30.1M | $5.1M | $0 | – | – | – | – |
| Total debt | – | – | – | – | $0 | $90.0K | $15.0K | $0 | – | – |
| Net debt | – | – | – | – | -$73.0M | -$40.5M | -$23.3M | -$90.5M | – | – |
| Shareholders' equity | $60.2M | $52.2M | $81.2M | $72.2M | $116.6M | $109.4M | $81.8M | $144.6M | $197.1M | $555.4M |
Latest filings
| 2026-08-05 | 10-Q | Quarterly report |
| 2026-08-05 | 8-K | Earnings release |
| 2026-06-18 | DEF 14A | Proxy statement |
| 2026-05-27 | 10-K | Annual report |
| 2026-05-27 | 8-K | Earnings release |
| 2026-02-04 | 10-Q | Quarterly report |
| 2026-02-04 | 8-K | Earnings release |
| 2025-11-05 | 10-Q | Quarterly report |
| 2025-11-05 | 8-K | Earnings release |
| 2025-07-30 | 10-Q | Quarterly report |
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