American Superconductor’s fourth quarter results surpassed Wall Street’s expectations for both revenue and non-GAAP profit, but the market reacted negatively, reflecting concerns about future growth. Management pointed to a diverse revenue mix, with strong contributions from its Grid and Wind businesses, and highlighted the completion of its first data center project as a milestone. CEO Daniel McGahn attributed quarterly momentum to resilient demand across traditional energy, renewables, and military sectors, emphasizing that the company’s order backlog and recent acquisition of Comtrafo have broadened market reach.
Is now the time to buy AMSC? Find out in our full research report (it’s free for active Edge members).
American Superconductor (AMSC) Q4 CY2025 Highlights:
- Revenue: $74.53 million vs analyst estimates of $69.03 million (21.4% year-on-year growth, 8% beat)
- Adjusted EPS: $2.75 vs analyst estimates of $0.15 (significant beat)
- Adjusted EBITDA: $8.4 million vs analyst estimates of $3.2 million (11.3% margin, significant beat)
- Revenue Guidance for Q1 CY2026 is $80 million at the midpoint, below analyst estimates of $81.5 million
- Adjusted EPS guidance for Q1 CY2026 is $0.17 at the midpoint, below analyst estimates of $0.20
- Operating Margin: 6.2%, up from 2.1% in the same quarter last year
- Market Capitalization: $1.52 billion
While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention.
Our Top 5 Analyst Questions From American Superconductor’s Q4 Earnings Call
- Justin Clare (ROTH Capital Partners) asked if the data center project could scale into a recurring opportunity. CEO Daniel McGahn explained that while delivery was a milestone, broader adoption depends on proving effectiveness and integrating with utility or construction partners.
- Eric Stine (Craig-Hallum) questioned the cyclicality of traditional energy sales. McGahn replied that demand is persistent, tied to infrastructure needs rather than commodity price swings, and is expected to remain a stable contributor.
- Eric Stine (Craig-Hallum) also asked about labor and capacity constraints. McGahn said hiring has kept pace with demand and that Brazilian expansion may require future investment, but current facilities are being well utilized.
- Tim Moore (Clear Street) inquired about cross-selling opportunities. McGahn pointed out that the company now bundles solutions from its acquired portfolio, increasing average deal size for sectors like mining and chemicals.
- Colin Rusch (Oppenheimer) sought clarity on working capital and military pipeline trends. CFO John Kosiba explained that working capital investments support growth, while McGahn said military project contributions will remain steady but not dramatically increase short term.
Catalysts in Upcoming Quarters
Looking ahead, the StockStory team will be watching (1) the pace and success of Comtrafo’s integration and expansion in Brazil, (2) additional data center and large infrastructure project wins as proof points for new market penetration, and (3) trends in order backlog and working capital investment as signals of sustained demand. Execution on cross-selling and bundled solutions will also be key for revenue diversification.
American Superconductor currently trades at $32.09, up from $27.61 just before the earnings. In the wake of this quarter, is it a buy or sell? Find out in our full research report (it’s free).
The Best Stocks for High-Quality Investors
Your portfolio can’t afford to be based on yesterday’s story. The risk in a handful of heavily crowded stocks is rising daily.
The names generating the next wave of massive growth are right here in our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 244% over the last five years (as of June 30, 2025).
Stocks that have made our list include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.
/Pfizer%20Inc_%20logo%20sign-by%20JHVEPhoto%20via%20iStock.jpg)
/Netflix%20on%20tv%20with%20remote%20by%20freestocks%20via%20Unsplash.jpg)
