| Metric | Value ($ M) | Q1 FY26 |
|---|---|---|
| Revenue | 94.07 | 30.0% |
| Total Income | 94.07 | 30.0% |
| Expenditure | 84.24 | 26.3% |
| PBT | 10.75 | 55.4% |
| Net Profit | 9.49 | 41.2% |
| OPM | 10.45% | 2.65pp |
| NPM | 10.09% | 0.80pp |
| EPS | 0.21 | 23.5% |
AMSC Reports Q1 FY26 Financial Results and Business Outlook
06 Aug 2026 · 6 Aug, 1:46 am
Summary
American Superconductor Corporation (AMSC) announced strong first quarter fiscal year 2026 results, with revenue reaching a record $94.1 million, a 30% increase year-over-year, driven by organic growth and the Comtrafo acquisition. Net income rose to $9.5 million ($0.21 per share) from $6.7 million ($0.17 per share) in the prior year's quarter. The company also reported record total orders above $130 million and a significant improvement in operating cash flow, which nearly quadrupled to $16 million. Management expressed optimism, highlighting accelerated market demand and a robust backlog, and anticipates revenues to exceed $85.0 million in the second quarter.
Key Highlights
- 1
AMSC reported a record revenue of $94.1 million for the first quarter of fiscal 2026, marking a 30% year-over-year increase.
- 2
Total orders for the quarter exceeded $130 million, driven by utility-sector mining developments and traditional energy markets.
- 3
Operating cash flow nearly quadrupled to $16 million for the first quarter of fiscal 2026.
- 4
Net income for the first quarter of fiscal 2026 was $9.5 million, or $0.21 per share, compared to $6.7 million, or $0.17 per share, in the same period of fiscal 2025.
- 5
The company ended the quarter with $153.1 million in cash, cash equivalents, and restricted cash.
- 6
AMSC anticipates revenues to exceed $85.0 million for the second quarter of fiscal 2026.
Management Comments
Daniel P. McGahn
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.
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