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Get filing alertsAMSC reports record Q1 revenue of $94.1M, up 30% YoY, with orders exceeding $130M
Filed August 5, 2026 · Period ending July 31, 2026 · ~1 min read
Key Changes
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Q1 FY2026 revenue reached $94.1M (up 30% from $72.4M prior year), driven by organic growth and the Comtrafo acquisition; net income rose to $9.5M ($0.21/share) from $6.7M ($0.17/share).
Item 2.02 verify on EDGAR → -
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Orders exceeded $130M in the quarter, led by utility-sector mining and traditional energy markets; 12-month backlog now exceeds $300M.
Exhibit 99.1 view on EDGAR → -
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Q2 FY2026 guidance: revenue to exceed $85M, GAAP net income to exceed $1.0M ($0.02/share), non-GAAP net income to exceed $8.0M ($0.17/share).
Exhibit 99.1 view on EDGAR → -
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Cash position strengthened to $153.1M at June 30, 2026, up from $147.6M at March 31, 2026; operating cash flow reached $16M in the quarter.
Exhibit 99.1 view on EDGAR → -
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Annual meeting held July 31, 2026: all seven directors elected with 93.7%–98.9% support, auditor ratified with 99.3% approval, say-on-pay passed with 94.1% support.
Item 5.07 verify on EDGAR →
Summary
AMSC delivered a strong first quarter of fiscal 2026, posting record revenue of $94.1 million—a 30% increase from the prior-year quarter—driven by organic growth and contributions from the Comtrafo acquisition. Net income climbed to $9.5 million, or $0.21 per share, up from $6.7 million in Q1 FY2025.
The company reported orders exceeding $130 million, fueled by demand in utility-sector mining and traditional energy markets, bringing its 12-month backlog above $300 million. Cash and equivalents rose to $153.1 million, and operating cash flow reached $16 million for the quarter.
Management guided Q2 revenue above $85 million and non-GAAP net income above $8 million ($0.17 per share), while expecting gross margin improvement in the second half of the fiscal year. Both the Grid segment ($76.3M revenue) and Wind segment ($17.8M) showed year-over-year growth. The company's annual meeting on July 31 was routine: all directors were re-elected, the auditor was ratified, and executive compensation received advisory approval, each with strong shareholder support. For investors, the quarter demonstrates accelerating demand, a healthy backlog, and improving profitability as AMSC scales its operations.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
AMSC disclosed Q1 FY2026 financial results for the quarter ended June 30, 2026 via press release.
Added in current filing · verify on EDGAR →
On August 5, 2026, American Superconductor Corporation (the “Company”) announced its financial results for the first quarter ended June 30, 2026 of the Company's fiscal year 2026.
The company announced financial results for its first fiscal quarter of 2026, covering the period ended June 30, 2026. The detailed results are contained in the attached press release (Exhibit 99.1), which is not included in this 8-K body text.
Event · Item 5.07 — Submission of Matters to a Vote of Security Holders
Item 5.07 — Submission of Matters to a Vote of Security Holders filed; see Key Changes for terms.
Show 3 minor / wording changes
Added in current filing · verify on EDGAR →
DIRECTOR | VOTES | FOR | VOTES | WITHHELD Laura A. Dambier 29,152,565 319,576 Terence R. Donnelly 28,462,744 1,009,397 Arthur H. House 27,598,495 1,873,646 Margaret D. Klein 29,038,505 433,636 Barbara G. Littlefield 29,034,252 437,889 Daniel P. McGahn 28,412,371 1,059,770 David R. Oliver, Jr. 27,965,593 1,506,548 There were 7,133,229 broker non-votes with respect to each director.
All seven director nominees were elected to the Board. Support ranged from 93.7% to 98.9% of votes cast. Against the 48,500,000 shares outstanding (implied from 75.5% quorum representing 36,605,370 shares), director support ranged from 56.9% to 60.1% of total shares.
Added in current filing · verify on EDGAR →
The Company's stockholders voted to ratify the appointment by the Audit Committee of the Board of RSM US LLP as the Company's independent registered public accounting firm for the fiscal year ending March, 31, 2027 by a vote of 36,178,025 share of common stock for, 270,478 shares of common stock against and 156,867 shares of common stock abstaining.
Shareholders ratified RSM US LLP as independent auditor for fiscal year ending March 31, 2027, with 99.3% approval of votes cast (98.8% for, 0.7% against, 0.4% abstaining).
Added in current filing · verify on EDGAR →
The Company's stockholders voted, on an advisory basis, to approve the compensation of the Company's named executive officers by a vote of 27,661,731 shares of common stock for, 1,724,917 shares of common stock against, and 85,493 shares of common stock abstaining. There were 7,133,229 broker non-votes on this matter.
Executive compensation received advisory approval with 94.1% support of votes cast (5.9% against, 0.3% abstaining). There were 7,133,229 broker non-votes.
Event · Exhibit 99.1
AMSC reported Q1 FY2026 results with record revenue of $94.1M (up 30% YoY), net income of $9.5M, and orders exceeding $130M.
Added in current filing · view on EDGAR →
Cash, cash equivalents, and restricted cash on June 30, 2026, totaled $153.1 million, compared with 147.6 million at March 31, 2026.
AMSC's cash, cash equivalents, and restricted cash increased to $153.1 million at June 30, 2026, from $147.6 million at March 31, 2026. The press release states the company "nearly quadrupled operating cash flow to $16 million" in the quarter, though the prior-year Q1 operating cash flow was $4.1 million per the cash flow statement.
Added in current filing · view on EDGAR →
Revenues | Grid | $ 76,323 | $ 60,087 | Wind | 17,750 | 12,271 | Total revenues | 94,073 | 72,358
AMSC's Grid segment revenue was $76.3 million in Q1 FY2026 versus $60.1 million in Q1 FY2025. Wind segment revenue was $17.8 million versus $12.3 million in the prior-year quarter. Both segments showed year-over-year growth.
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Figures/quotes linked to EDGAR · Narrative written by AI · Aug 6, 2026 · How we verify