AMSC financial statements
The full income statement, balance sheet, and cash-flow statement for American Superconductor Corporation (AMSC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Income Statement | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| Revenue | 299M+34.3% | 223M+53.0% | 146M+37.4% | 106M-2.3% | 108M+24.5% | |
| 91.4M+47.7% | 61.9M+75.3% | 35.3M+314.1% | 8.52M-36.8% | 13.5M-22.7% | ||
| Cost of revenue | 208M+29.1% | 161M+45.9% | 110M+13.2% | 97.5M+2.7% | 94.9M+36.3% | |
| 79.9M+27.0% | 62.9M+34.9% | 46.7M+12.3% | 41.5M+20.1% | 34.6M-14.9% | ||
| Research & development | 15.7M+37.8% | 11.4M+43.0% | 7.99M-10.9% | 8.97M-14.4% | 10.5M-4.9% | |
| Selling, general & administrative | 57.6M+33.8% | 43.1M+36.4% | 31.6M+10.1% | 28.7M+4.4% | 27.5M+8.6% | |
| Restructuring | 0.00 | 0.00+100.0% | -14.0K-101.3% | 1.05M | 0.00 | |
| Amortization of intangibles | 3.00M+25.0% | 2.40M+9.1% | 2.20M-21.4% | 2.80M+12.0% | 2.50M+108.3% | |
| Operating income | 11.4M+1162.7% | -1.08M+90.5% | -11.4M+65.6% | -33.0M-56.5% | -21.1M+9.0% | |
| Other non-operating income | -1.05M-297.4% | -265K+64.0% | -736K-397.3% | -148K-428.6% | -28.0K | |
| Equity-method income | 220K+266.7% | -132K | 0.00 | — | — | |
| Pre-tax income | 16.7M+607.9% | 2.37M+121.9% | -10.8M+69.0% | -34.8M-65.5% | -21.0M+10.5% | |
| Income tax | -117M-3092.3% | -3.67M-1286.7% | 309K+43.7% | 215K+111.6% | -1.85M-122.2% | |
| Net income | 134M+2118.0% | 6.03M+154.3% | -11.1M+68.3% | -35.0M-82.6% | -19.2M+15.4% | |
| $3.05+1806.2% | $0.16+143.2% | -$0.37+70.6% | -$1.26-77.5% | -$0.71+25.3% | ||
| EPS (basic) | $3.12+1850.0% | $0.16+143.2% | -$0.37+70.6% | -$1.26-77.5% | -$0.71+25.3% | |
| Weighted-avg shares (basic) | 42.9M+16.1% | 37.0M+24.0% | 29.8M+7.1% | 27.8M+2.4% | 27.2M+13.9% | |
| Weighted-avg shares (diluted) | 43.9M+16.4% | 37.7M+26.5% | 29.8M+7.1% | 27.8M+2.4% | 27.2M+13.9% | |
| Balance Sheet | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| 332M+60.6% | 207M+24.1% | 166M+56.8% | 106M+12.5% | 94.3M-10.4% | ||
| Cash & equivalents | 141M+77.0% | 79.5M-12.2% | 90.5M+287.5% | 23.4M-42.4% | 40.6M-40.2% | |
| Short-term investments | — | — | — | — | 0.00-100.0% | |
| Accounts receivable | 69.4M+50.2% | 46.2M+75.4% | 26.3M-14.2% | 30.7M+51.2% | 20.3M+52.9% | |
| Inventory | 104M+45.8% | 71.2M+70.0% | 41.9M+13.2% | 37.0M+56.3% | 23.7M+77.9% | |
| Prepaid expenses | 14.4M+78.4% | 8.05M+10.4% | 7.29M-45.7% | 13.4M+90.4% | 7.05M+98.9% | |
| 739M+138.1% | 311M+33.4% | 233M+32.6% | 176M+1.0% | 174M+3.0% | ||
| Property, plant & equipment | 89.8M+132.7% | 38.6M+255.1% | 10.9M-11.8% | 12.3M-9.9% | 13.7M+51.8% | |
| Operating lease right-of-use | 3.90M+1.8% | 3.83M+49.7% | 2.56M-10.5% | 2.86M-18.4% | 3.50M-6.5% | |
| Goodwill | 175M+264.1% | 48.2M+10.8% | 43.5M+0.0% | 43.5M+0.0% | 43.5M+25.5% | |
| Intangible assets | 13.5M+129.0% | 5.92M-7.1% | 6.37M-25.3% | 8.53M-24.6% | 11.3M+23.6% | |
| Deferred tax assets | 119M+10042.1% | 1.18M+5.3% | 1.12M+0.4% | 1.11M-9.0% | 1.22M+0.1% | |
| Other non-current assets | 1.03M+7.4% | 958K+50.4% | 637K+20.6% | 528K+120.9% | 239K-23.9% | |
| 139M+38.9% | 99.8M+26.6% | 78.8M-6.3% | 84.1M+55.9% | 54.0M+32.5% | ||
| Accounts payable | 13.0M+93.3% | 6.73M+50.4% | 4.48M-67.9% | 13.9M+5.6% | 13.2M+146.4% | |
| Accrued liabilities | 46.5M+44.2% | 32.3M+33.2% | 24.2M-36.9% | 38.4M+31.7% | 29.1M+47.1% | |
| Deferred revenue | 77.9M+16.7% | 66.8M+31.7% | 50.7M+16.4% | 43.6M+91.0% | 22.8M+72.0% | |
| Short-term & current debt | — | 0.00-100.0% | 25.0K-66.7% | 75.0K+4.2% | 72.0K | |
| Current lease liability | 1.24M+80.7% | 685K-4.3% | 716K-11.3% | 807K+9.1% | 740K+20.9% | |
| Finance lease liability (current) | — | — | 0.00-100.0% | 1.00K-85.7% | 7.00K | |
| 184M+62.3% | 113M+28.6% | 88.2M-5.9% | 93.8M+45.4% | 64.5M+23.4% | ||
| Long-term debt | — | 0.00 | 0.00-100.0% | 15.0K-83.3% | 90.0K | |
| Deferred revenue (non-current) | 15.4M+64.9% | 9.34M+31.5% | 7.10M-1.3% | 7.19M-0.5% | 7.22M-9.6% | |
| Non-current lease liability | 2.76M+2.9% | 2.68M+36.4% | 1.97M-9.9% | 2.18M-24.7% | 2.90M-10.7% | |
| Operating lease liability (total) | 4.00M+18.7% | 3.37M+25.5% | 2.68M | — | 3.64M-5.7% | |
| Finance lease liability | — | — | 0.00 | 0.00-100.0% | 1.00K | |
| Deferred tax liabilities | 0.00-100.0% | 1.59M+431.7% | 300K+23.5% | 243K-18.2% | 297K+8.4% | |
| Other non-current liabilities | 629K+2146.4% | 28.0K+3.7% | 27.0K+3.8% | 26.0K+4.0% | 25.0K+0.0% | |
| 555M+181.8% | 197M+36.3% | 145M+76.7% | 81.8M-25.2% | 109M-6.2% | ||
| Common stock | 480K+20.3% | 399K+7.0% | 373K+24.7% | 299K+3.5% | 289K+3.2% | |
| Additional paid-in capital | 1.48B+17.6% | 1.26B+3.8% | 1.21B+6.5% | 1.14B+0.5% | 1.13B+1.1% | |
| Retained earnings | -927M+12.6% | -1.06B+0.6% | -1.07B-1.1% | -1.06B-3.4% | -1.02B-1.9% | |
| Treasury stock | 3.77M+0.0% | 3.77M+3.5% | 3.64M+0.0% | 3.64M+0.0% | 3.64M+1.3% | |
| Accumulated other comprehensive income | 4.07M+160.2% | 1.56M-1.1% | 1.58M+0.7% | 1.57M+639.9% | -291K-5.1% | |
| Total liabilities & equity | 739M+138.1% | 311M+33.4% | 233M+32.6% | 176M+1.0% | 174M+3.0% | |
| Common shares issued | 48.0M+20.4% | 39.9M+6.8% | 37.3M+24.7% | 29.9M+3.5% | 28.9M+3.3% | |
| Common shares outstanding | 47.6M+20.6% | 39.5M+6.9% | 36.9M+25.1% | 29.5M+3.6% | 28.5M+3.4% | |
| Shares outstanding (cover) | 47.7M+20.7% | 39.5M+6.8% | 37.0M+25.0% | 29.6M+3.8% | 28.5M+1.8% | |
| Cash Flow | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| 23.1M-18.2% | 28.3M+1223.0% | 2.14M+109.5% | -22.5M-18.5% | -19.0M-118.6% | ||
| Depreciation & amortization | 7.39M+32.8% | 5.56M+23.7% | 4.49M+72.8% | 2.60M-3.7% | 2.70M-27.0% | |
| Intangible amortization | 3.00M+25.0% | 2.40M+9.1% | 2.20M-21.4% | 2.80M+12.0% | 2.50M+108.3% | |
| Share-based compensation | 15.9M+103.6% | 7.79M+67.5% | 4.65M-1.6% | 4.73M+1.5% | 4.66M+33.7% | |
| Deferred income taxes | -119M-2657.5% | -4.30M-6721.5% | 65.0K+170.8% | 24.0K+101.0% | -2.40M-96.8% | |
| Change in receivables | 16.3M+407.1% | 3.21M+174.0% | -4.34M-141.9% | 10.4M+175.5% | 3.76M+172.4% | |
| Change in inventory | 6.96M-9.7% | 7.71M+12.7% | 6.84M-53.8% | 14.8M+347.4% | 3.31M+140.8% | |
| -77.1M-118.9% | -35.2M-3563.5% | -961K+36.7% | -1.52M+78.8% | -7.16M-390.1% | ||
| Capital expenditure | 4.89M+102.4% | 2.42M+158.6% | 934K-24.4% | 1.24M+31.8% | 938K-46.8% | |
| Free cash flow | 18.3M-29.4% | 25.9M+2048.7% | 1.20M+105.1% | -23.7M-19.1% | -19.9M-90.7% | |
| Acquisitions | 72.1M+143.8% | 29.6M | 0.00 | 0.00 | 0.00 | |
| Sales/maturities of investments | — | — | — | — | 0.00-100.0% | |
| Other investing activities | 98.0K+253.1% | -64.0K-337.0% | 27.0K-90.4% | 281K+532.3% | -65.0K+19.8% | |
| 116M+1450925.0% | 8.00K-100.0% | 65.4M+40295.7% | 162K+14.1% | 142K-99.7% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 8.81M+35136.0% | 25.0K-61.5% | 65.0K-11.0% | 73.0K+37.7% | 53.0K | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Common stock repurchased | 0.00-100.0% | 126K | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net change in cash | 62.2M+1001.2% | -6.90M-110.4% | 66.6M+379.7% | -23.8M+8.6% | -26.1M-158.3% | |
| Income taxes paid | 706K+126.3% | 312K+9.1% | 286K-18.3% | 350K-34.1% | 531K-10.6% | |
| Valuation Ratios | as ofMar 31 ’26 | as ofMar 31 ’25 | as ofMar 31 ’24 | as ofMar 31 ’23 | as ofMar 31 ’22 | |
| Market cap | 1.61B+125.3% | 717M+82.3% | 393M+170.5% | 145M-33.0% | 217M-59.1% | |
| P/E | 12.1×-89.8% | 118.8× | — | — | — | |
| P/S | 5.4×+67.8% | 3.2×+10.8% | 2.9×+111.8% | 1.4×-31.5% | 2.0×-67.2% | |
| P/B | 2.9×-20.0% | 3.6×-26.4% | 4.9×+178.2% | 1.8×-10.5% | 2.0×-56.5% | |
| P/FCF | 88.4×+219.2% | 27.7× | — | — | — | |
| Earnings yield | 8.3%+884.4% | 0.84% | — | — | — | |
| FCF yield | 1.1%-68.7% | 3.6% | — | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: AMSC’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all AMSC filings on SEC EDGAR → Not investment advice.
