📊 AMSC Key Takeaways
Is American Superconductor Corp. /DE/ (AMSC) a Good Investment?
AMSC demonstrates strong revenue growth (+34.3%) and fortress-like balance sheet fundamentals with minimal debt and excellent liquidity. However, the 2118% net income increase is driven primarily by non-operating gains rather than core business performance, evidenced by the massive disconnect between operating margin (3.8%) and net margin (44.7%), raising sustainability concerns despite solid structural financial health.
AMSC shows strong top-line momentum, with revenue up 53% year over year, and it maintains a very healthy balance sheet with high liquidity, minimal long-term debt, and positive free cash flow. However, core profitability remains modest at the operating level, and the exceptionally high net income and net margin appear unlikely to reflect normalized earnings power, which tempers the overall fundamental outlook.
American Superconductor Corp. /DE/ Key Strengths (AMSC)
- Exceptional balance sheet with debt/equity of 0.01x and $140.7M cash, providing strategic flexibility
- Strong revenue growth of 34.3% YoY demonstrates market demand in motors & generators sector
- Excellent liquidity ratios (current 2.39x, quick 1.65x) ensure short-term financial stability
- Strong ROE (24.1%) and ROA (18.1%) indicate efficient capital deployment overall
- Revenue growth is very strong, indicating improving commercial traction
- Balance sheet is robust with $141.07M in cash, low leverage, and strong liquidity ratios
- Business is generating positive operating cash flow and free cash flow while maintaining high interest coverage
AMSC Stock Risks: American Superconductor Corp. /DE/ Investment Risks
- Earnings quality is highly suspect: $133.8M net income vs. $11.4M operating income indicates $122.4M from non-operating sources, suggesting one-time gains or exceptional items that lack sustainability
- Operating margin of only 3.8% reveals weak core business profitability relative to revenue scale
- Free cash flow generation (6.1% FCF margin) is dramatically disconnected from reported net profitability, indicating earnings may contain significant non-cash items
- Operating cash flow of $23.1M insufficient to sustain 34% revenue growth trajectory without external capital
- Net income and net margin are likely distorted by non-recurring items given the large gap versus operating income
- Operating margin of 5.6% suggests core earnings power is still relatively thin
- Free cash flow margin of 5.1% indicates cash conversion remains modest despite strong reported earnings
Key Metrics to Watch
- Operating margin trend and composition of net income (specifically quantifying one-time vs. recurring gains)
- Sustainable free cash flow generation and cash conversion efficiency
- Revenue growth sustainability and market demand persistence in superconductor applications
- Operating margin and gross margin sustainability
- Operating cash flow and free cash flow conversion
American Superconductor Corp. /DE/ (AMSC) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.39x current ratio provides a solid financial cushion.
AMSC Profit Margin, ROE & Profitability Analysis
AMSC vs Market Sector: How American Superconductor Corp. /DE/ Compares
How American Superconductor Corp. /DE/ compares to Market sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is American Superconductor Corp. /DE/ Stock Overvalued? AMSC Valuation Analysis 2026
Based on fundamental analysis, American Superconductor Corp. /DE/ appears fundamentally strong relative to the Market sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
American Superconductor Corp. /DE/ Balance Sheet: AMSC Debt, Cash & Liquidity
AMSC Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: American Superconductor Corp. /DE/'s revenue has grown significantly by 243% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.37 indicates the company is currently unprofitable.
AMSC Revenue Growth, EPS Growth & YoY Performance
AMSC Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2026 | $61.4M | $2.5M | $0.06 |
| Q2 2026 | $54.5M | $2.4M | $0.06 |
| Q1 2026 | $40.3M | -$2.5M | $-0.07 |
| Q3 2025 | $39.4M | -$1.6M | $-0.06 |
| Q2 2025 | $34.0M | $2.4M | $0.06 |
| Q1 2025 | $30.3M | -$2.5M | $-0.07 |
| Q3 2023 | $23.9M | -$1.6M | $-0.06 |
| Q2 2023 | $27.7M | -$2.5M | $-0.09 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
American Superconductor Corp. /DE/ Dividends, Buybacks & Capital Allocation
AMSC SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for American Superconductor Corp. /DE/ (CIK: 0000880807)
📋 Recent SEC Filings
❓ Frequently Asked Questions about AMSC
What is the AI rating for AMSC?
American Superconductor Corp. /DE/ (AMSC) has a Combined AI Grade of B from Claude (B) and ChatGPT (B) with 72% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are AMSC's key strengths?
Claude: Exceptional balance sheet with debt/equity of 0.01x and $140.7M cash, providing strategic flexibility. Strong revenue growth of 34.3% YoY demonstrates market demand in motors & generators sector. ChatGPT: Revenue growth is very strong, indicating improving commercial traction. Balance sheet is robust with $141.07M in cash, low leverage, and strong liquidity ratios.
What are the risks of investing in AMSC?
Claude: Earnings quality is highly suspect: $133.8M net income vs. $11.4M operating income indicates $122.4M from non-operating sources, suggesting one-time gains or exceptional items that lack sustainability. Operating margin of only 3.8% reveals weak core business profitability relative to revenue scale. ChatGPT: Net income and net margin are likely distorted by non-recurring items given the large gap versus operating income. Operating margin of 5.6% suggests core earnings power is still relatively thin.
What is AMSC's revenue and growth?
American Superconductor Corp. /DE/ reported revenue of $299.2M.
Does AMSC pay dividends?
American Superconductor Corp. /DE/ does not currently pay dividends.
Where can I find AMSC SEC filings?
Official SEC filings for American Superconductor Corp. /DE/ (CIK: 0000880807) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is AMSC's EPS?
American Superconductor Corp. /DE/ has a diluted EPS of $3.05.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is AMSC's fundamental grade?
Based on our AI fundamental analysis in June 2026, American Superconductor Corp. /DE/ has a B grade with 72% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is AMSC stock overvalued or undervalued?
Valuation metrics for AMSC: ROE of 24.1% (sector avg: 15%), net margin of 44.7% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.
What is AMSC's AI grade for 2026?
Our dual AI analysis gives American Superconductor Corp. /DE/ a combined B grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is AMSC's free cash flow?
American Superconductor Corp. /DE/'s operating cash flow is $23.1M, with capital expenditures of $4.9M. FCF margin is 6.1%.
How does AMSC compare to other Market stocks?
Vs Default sector averages: Net margin 44.7% (avg: 12%), ROE 24.1% (avg: 15%), current ratio 2.39 (avg: 1.8).