"American Superconductor (NASDAQ: AMSC) reported FY26 Q2 earnings after market close on Nov. 5, delivering a fifth consecutive quarter of profitability. Revenue reached $65.9M, up more than 20% year over year, though GAAP earnings per share declined slightly to $0.11 from $0.13 in the prior year period. The stock closed at $59.55 ahead of the report, reflecting investor confidence in the company's ongoing turnaround from years of losses, but shares of AMSC fell by as much as 20% in after hours trading."
"Gross margin surpassed 30%, reaching $20.4M on the $65.9M revenue base. This represents meaningful expansion and signals that the company's cost structure is improving as revenue scales. The Grid segment drove the bulk of growth at $54.34M, while Wind contributed $11.52M. Management's ability to maintain pricing discipline while growing revenue faster than costs suggests operational leverage is beginning to work in their favor."
American Superconductor reported FY26 Q2 revenue of $65.9M, up more than 20% year-over-year, and GAAP EPS of $0.11 versus $0.13 a year earlier. GAAP net income was $4.8M while non-GAAP results showed $0.20 EPS and $8.9M net income after adjusting for acquisition-related costs tied to the NWL Inc. deal. The company produced a fifth consecutive profitable quarter and improved operating cash flow to $28.3M in FY25 from $2.1M. Gross margin exceeded 30% ($20.4M) as Grid revenue led growth, free cash flow was $5.4M, and cash totaled $218.8M. Management maintained pricing discipline, driving operational leverage as revenue grew faster than costs.
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