Quarterly ResultMay 27, 2026, 04:07 PM
AMSC FY25 Revenue $299.2M (+34%); Backlog $280M (+40%)
AI Summary
AMSC reported record financial results for its fourth quarter and fiscal year ended March 31, 2026. Full-year revenue surged 34% to $299.2 million, driven by strong organic growth in Grid and Wind businesses and the Comtrafo acquisition. The company achieved a net income of $133.8 million for fiscal 2025, largely due to a non-cash tax benefit, and non-GAAP net income of $158.1 million. AMSC also announced its 12-month backlog expanded nearly 40% to approximately $280 million and provided positive guidance for the first quarter of fiscal 2026.
Key Highlights
- Fiscal Year 2025 revenue was $299.2 million, a 34% increase year-over-year.
- Fourth quarter fiscal 2025 revenue was $86.4 million, up 30% year-over-year.
- Fiscal Year 2025 net income was $133.8 million ($3.12 per share), primarily due to a non-cash tax benefit.
- Fiscal Year 2025 non-GAAP net income was $158.1 million ($3.68 per share).
- The 12-month backlog expanded nearly 40% year-over-year to approximately $280 million.
- Cash, cash equivalents, and restricted cash totaled $147.6 million as of March 31, 2026.
- Q1 fiscal 2026 revenue is expected to exceed $85.0 million.
- Q1 fiscal 2026 non-GAAP net income is expected to exceed $8.0 million ($0.17 per share).
Price Impact
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