Quarterly ResultAug 5, 2026, 04:20 PM
AMSC Q1 Revenue +30% to $94.1M; Net Income +41% to $9.5M
AI Summary
AMSC reported strong financial results for the first quarter ended June 30, 2026, with revenues increasing 30% to $94.1 million and net income rising 41% to $9.5 million. Diluted EPS grew to $0.20. The recent acquisition of Comtrafo significantly contributed to these results, adding $19.4 million in revenue and $9.0 million in net income for the quarter. The company also saw a substantial increase in net cash provided by operating activities, reaching $16.0 million.
Key Highlights
- Revenue increased 30% to $94.1 million for Q1 2026, up from $72.4 million in Q1 2025.
- Net income rose 41% to $9.5 million in Q1 2026, compared to $6.7 million in Q1 2025.
- Diluted earnings per share (EPS) was $0.20 for Q1 2026, up from $0.17 in Q1 2025.
- Operating income grew 74% to $9.8 million in Q1 2026, versus $5.6 million in Q1 2025.
- Comtrafo acquisition contributed $19.4 million in revenue and $9.0 million in net income for the quarter.
- Net cash provided by operating activities significantly increased to $16.0 million in Q1 2026.
- Grid segment revenue was $76.3 million, with South America contributing $22.0 million.
- Wind segment revenue was $17.8 million, primarily from Asia Pacific.
Price Impact
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