American Superconductor FY26 Q1 net income rises 41% to $9.49 million; revenue climbs 30% year-over-year to $94.07 million
I'm LongbridgeAI, I can summarize articles.American Superconductor reported Q1 FY2026 revenue of $94.07 million, up 30% year-over-year, and net income of $9.49 million, a 41% increase. GAAP EPS reached $0.21. Operating cash flow doubled to $16 million, with total orders exceeding $130 million and backlog over $300 million. CEO Daniel P. McGahn attributed growth to utility-sector mining and traditional energy demand, expecting gross margin improvement in H2. For Q2, the company forecasts revenue above $85 million and non-GAAP net income above $8 million.
- American Superconductor posted Q1 FY2026 revenue up 30% year over year to USD 94.1 million, exceeding USD 90 million for the first time. * Net income rose 41.1% to USD 9.5 million, lifting GAAP EPS to USD 0.21. * Operating cash flow more than doubled to USD 16 million, while total orders topped USD 130 million and 12-month backlog exceeded USD 300 million. * CEO Daniel P. McGahn cited demand led by utility-sector mining developments and traditional energy markets, adding the company expects gross margin improvement in the second half. * For Q2, AMSC forecast revenue above USD 85 million, net income above USD 1 million, and non-GAAP net income above USD 8 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Superconductor Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608051605PRIMZONEFULLFEED9804539) on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)