AMSC's first quarter fiscal 2026 revenue grows 30% to a record $94.1 million, driven by strong orders.

American Superconductor Corporation reported first quarter fiscal 2026 revenue of $94.1 million, a 30% increase year-over-year, driven by organic growth and the acquisition of Comtrafo. The company also posted GAAP net income of $9.5 million, or $0.21 per share, up from $6.7 million, or $0.17 per share, in the prior-year period.

Key Highlights

• Revenue increased 30% year-over-year to a record $94.1 million, benefiting from organic growth and acquisitions.
• The company reported record total orders exceeding $130 million, primarily from utility-sector mining developments.
• Operating cash flow nearly quadrupled to $16.0 million, compared to $4.1 million in the same quarter last year.
• AMSC provided second quarter guidance for revenue to exceed $85.0 million and GAAP EPS to exceed $0.02.