AMERICAN SUPERCONDUCTOR CORP /DE/
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $299.2M | $222.8M | $145.6M | $106.0M | $108.4M | $87.1M | $63.8M | $56.2M |
| Cost of Revenue | $207.8M | $161.0M | $110.4M | $97.5M | $94.9M | — | $54.4M | $42.2M |
| Gross Profit | $91.4M | $61.9M | $35.3M | $8.5M | $13.5M | — | $9.4M | $14.0M |
| Gross Margin | 30.5% | 27.8% | 24.2% | 8.0% | 12.4% | — | 14.8% | 24.9% |
| Operating Expenses | ||||||||
| Research & Development | $15.7M | $11.4M | $8.0M | $9.0M | $10.5M | — | $9.6M | $9.9M |
| SG&A Expense | $57.6M | $43.1M | $31.6M | $28.7M | $27.5M | — | $22.7M | $22.0M |
| Operating Income | $11.4M | $-1.1M | $-11.4M | $-33.0M | $-21.1M | $-23.2M | $-23.1M | $34.0M |
| Operating Margin | 3.8% | -0.5% | -7.8% | -31.1% | -19.4% | -26.6% | -36.2% | 60.5% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $16.7M | $2.4M | $-10.8M | $-34.8M | $-21.0M | $-23.5M | $-16.9M | $33.1M |
| Income Tax Expense | $-117.1M | $-3.7M | $309.0K | $215.0K | $-1.8M | $-832.0K | $195.0K | $6.4M |
| Net Income | $133.8M | $6.0M | $-11.1M | $-35.0M | $-19.2M | $-22.7M | $-17.1M | $26.8M |
| Net Margin | 44.7% | 2.7% | -7.6% | -33.1% | -17.7% | -26.0% | -26.8% | 47.6% |
| EPS (Basic) | $3.12 | $0.16 | $-0.37 | $-1.26 | $-0.71 | $-0.95 | $-0.81 | $1.32 |
| EPS (Diluted) | $3.05 | $0.16 | $-0.37 | $-1.26 | $-0.71 | $-0.95 | $-1.03 | $1.29 |
| Shares Outstanding (Basic) | 42.9M | 37.0M | 29.8M | 27.8M | 27.2M | 23.9M | 21.0M | 20.3M |
| Shares Outstanding (Diluted) | 43.9M | 37.7M | 29.8M | 27.8M | 27.2M | 23.9M | 21.1M | 20.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |