Company Analysis

American Superconductor Corporation (AMSC)

Nasdaq: AMSC · Motors & Generators · Devens, MA · filing with the SEC since 1996
Grade6.5
◀ Past 6.1● Present 6.3▶ Future 7.3

The grade of American Superconductor Corporation

Nine metrics read from its own filings, by tense
Headline grade
6.5/10
◀ Past6.130% of the headline
● Present6.340% of the headline
▶ Future7.330% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.1/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.6/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 76th percentile among 43 sector filers · read for itself

From the record

American Superconductor Corporation's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.2/10

What has it actually done, year after year?

+25.6% a year over 9 filed years; profitable in 3 of 9.

weight 45% of this tense · 72nd percentile among 42 sector filers · read for its customers

From the record

American Superconductor Corporation's 9 filed years say what it did: revenue went from $48 million in fiscal 2018 to $299 million in fiscal 2026, up 25.6% a year; it rose in 7 of 8 years; the deepest fall was 2% from fiscal 2022 to fiscal 2023; net income was positive in 3 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span25.6%top 15% of its family
  • the share of years revenue rosetop 11% of its family
  • the share of filed years with a profitbottom 27% of its family
  • the deepest fall from a revenue peak2.3%top 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
1.7/10

How has it treated the people who own it?

Share count grew 16.4% a year. 0% of cash flow returned. Insiders: 25 sales, 0 purchases.

weight 22% of this tense · 17th percentile among 28 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-03-31, American Superconductor Corporation's diluted share count grew about 16.4% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 25 sales (23 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 20% of its family
  • cash returned against operating cash flowbottom 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.3/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.3/10

Is it financially healthy right now?

ROE 24%: 24¢ of profit per shareholder dollar. Leverage 25%: owes 25¢ per asset dollar.

weight 45% of this tense · 53rd percentile among 42 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-03-31, American Superconductor Corporation earned about 24 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 12 cents per dollar of everything the company owns. Leverage: it owed about 25 cents per dollar of assets, and net share issuance: its share count grew 16.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 11% of its family
  • return on equitytop 16% of its family
  • gross profit against assetsbottom 22% of its family
  • the share count against the year beforebottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.2/10

How strong is its position in its industry?

top 28% of 42 in its family; net margin 44.7%.

weight 33% of this tense · 72nd percentile among 42 sector filers · read for its customers

From the record

American Superconductor Corporation's standing among 42 graded names in its industry family: revenue of $299 million in fiscal 2026 ranks in the bottom 29% by size; a net margin of 44.7% ranks in the top 1%; revenue growth of 41.3% a year over the last 3 filed years ranks in the top 11% (its annual reports).

What it rests on

  • revenue against the family$299Mbottom 29% of its family
  • net margin44.7%top 1% of its family
  • three-year revenue growth41.3%top 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.7/10

What are the people in charge doing?

top 33% of 30 in its family for leadership; chief executive since 2012.

weight 22% of this tense · 67th percentile among 30 sector filers · read for its shareholders

From the record

American Superconductor Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Mcgahn, Daniel P (Chairman, President and CEO, as filed), filing under that title since 2012-05-10, 14.5 years (top 15% of its family); the 8 officers and directors filing in the last fifteen months have been on the record a median of 8.5 years (top 22%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 8 people in charge now (bottom 38%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge5 in three years among 8 peoplebottom 38% of its family
  • the median years the people in charge have filed8.5 yearstop 22% of its family
  • the chief executive's years on the record14.5 yearstop 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

7.3/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.2/10

How much room does it have to grow?

top 38% of 42 in its family for room to expand.

weight 45% of this tense · 62nd percentile among 42 sector filers · read for itself

From the record

American Superconductor Corporation's room to grow, from the newest filed statements (fiscal 2026): cash of $141 million against no long-term debt tagged leaves 19% of its assets as net cash, top 23% of its family; cash from operations less capital spending is 6.1% of revenue (top 44%); a gross margin of 30.5% (top 49%); research spending of 5.3% of revenue (top 35%) (its annual report).

What it rests on

  • cash less debt against assets19.0%top 23% of its family
  • cash from operations less capital spending against revenue6.1%top 44% of its family
  • gross margin30.5%top 49% of its family
  • research spending against revenue5.3%top 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
8.9/10

What could actually drive growth from here?

top 11% of 42 in its family for growth drivers.

weight 33% of this tense · 89th percentile among 42 sector filers · read for its customers

From the record

American Superconductor Corporation's growth drivers, from the filed years to fiscal 2026: revenue grew 41.3% a year over the last three filed years against 25.6% over all 9, speeding up (top 8% of its family); the newest year grew 34.3% (top 11%); research spending grew 20.6% a year (top 12%); capital spending grew 58.1% a year (top 14%) (its annual reports). American Superconductor Corporation reported 2 lines of business in fiscal 2026: Grid at $251 million (84%), Wind at $48 million (16%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+15.7 points a yeartop 8% of its family
  • the newest year's revenue growth34.3%top 11% of its family
  • three-year growth of research spending20.6%top 12% of its family
  • three-year growth of capital spending58.1%top 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.1/10

Did its newest year beat what its own record pointed to?

top 29% of 42 in its family for expectations against reality.

weight 22% of this tense · 71st percentile among 42 sector filers · read for its shareholders

From the record

American Superconductor Corporation's newest year against its own record: revenue of $299 million in fiscal 2026 came in 7.4% below the $323 million its prior three years' pace pointed to (bottom 25% of its family); net income of $134 million against a prior three-year average of $13 million (top 2%); a net margin of 44.7% against -12.7% before (top 11%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-7.4%bottom 25% of its family
  • net income against the prior three years' averagefive times its prior average or moretop 2% of its family
  • net margin against its prior average+57.4 pointstop 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton AMSC · research, not advice