American Superconductor (AMSC) Reports Q2 2026 Revenue Growth of Over 40%
American Superconductor (AMSC) reported strong second-quarter fiscal 2026 results, with revenue reaching $94 million, a year-over-year increase of more than 40%. This growth was primarily fueled by the Grid segment, which saw a 41% rise to $76.7 million following organic expansion and the Comtrafo acquisition, and the Wind segment, which grew 51% to $17.4 million. The company's financial health is bolstered by significant demand, evidenced by a 12-month backlog of $320 million—a 50% increase year-over-year. While GAAP net income decreased compared to the previous year, non-GAAP net income remained stable at $0.20 per share. Management noted that Q3 revenue guidance exceeds $80 million, though they cautioned that project timing and seasonal shifts may impact immediate sequential comparisons.
Tickers: $AMSC
Topics: Grid Segment Gross Margin Net Income Operating Cash Flow Revenue Growth Wind Segment