AMSC Q4 revenue beats on strength in grid and wind businesses

American Superconductor

27/05/2026 21:18

Overview
U.S. power control solutions provider's Q4 revenue rose 30% yr/yr, beating analyst expectations
Non-GAAP net income for Q4 increased sharply yr/yr
Company's 12-month backlog expanded nearly 40% yr/yr to about $280 mln

Outlook
AMSC expects Q1 revenue to exceed $85.0 mln
Company expects Q1 net income to exceed $3.0 mln, or $0.07 per share
AMSC expects Q1 non-GAAP net income to exceed $8.0 mln, or $0.17 per share

Result Drivers
GRID AND WIND GROWTH - Co said Q4 revenue increase was driven by strong organic growth in Grid and Wind businesses
ACQUISITION IMPACT - Contributions from the Comtrafo acquisition supported revenue growth, especially in Latin America
SECTOR DEMAND - Q4 orders were led by traditional energy sector and surging data center demand in the utility market

Company press release: ID:nGNX9SkyX2

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$86.41 mln
$82.10 mln (4 Analysts)
Q4 Net Income
 
$4.53 mln
 
Q4 Operating Expenses
 
$24.12 mln
 
Q4 Operating Income
 
-$522,000
 
Q4 Pretax Profit
 
-$474,000
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electrical components & equipment peer group is "buy"
Wall Street's median 12-month price target for American Superconductor Corp is $50.50, about 4.9% below its May 26 closing price of $53.12
The stock recently traded at 53 times the next 12-month earnings vs. a P/E of 30 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)