AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC) FY2025 10-K Annual Report

Filed: May 21, 2025
Information Technology
Motors & GeneratorsSEC EDGAR

AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on May 21, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

AMERICAN SUPERCONDUCTOR CORP /DE/ FY2025 10-K Analysis

Business Overview

  • Core business: Megawatt-scale power resiliency solutions leveraging proprietary smart materials and controls
  • New acquisition: Megatran Industries for $61.4M, adding engineered power conversion solutions to Grid segment
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Management Discussion & Analysis

  • Revenue $222.8M, up 53% YoY from $145.6M, Grid $187.2M (+53%), Wind $35.6M (+51%)
  • Gross margin 28% vs 24%, Grid operating income $1.8M vs loss $6.9M, Wind operating income $3.8M vs $0.4M
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Risk Factors

  • Legal risk from cybersecurity breaches under NIST framework compliance, with annual third-party penetration testing and incident response drills
  • Operational risk due to reliance on third-party vendors for cybersecurity monitoring and vulnerability assessments, critical to business continuity
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AMERICAN SUPERCONDUCTOR CORP /DE/ FY2025 Key Financial Metrics
XBRL

Revenue

$223M

+53.0% YoY

Net Income

$6M

+154.3% YoY

Gross Margin

27.8%

+353bp YoY

Operating Margin

-0.5%

+732bp YoY

Net Margin

2.7%

+1034bp YoY

ROE

3.1%

+1075bp YoY

Total Assets

$311M

+33.4% YoY

EPS (Diluted)

$0.16

+143.2% YoY

Operating Cash Flow

$28M

+1223.0% YoY

Source: XBRL data from AMERICAN SUPERCONDUCTOR CORP /DE/ FY2025 10-K filing on SEC EDGAR. All figures in USD.

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