Filing Flows › American Superconductor (AMSC) › Q1 FY27 › vs Q4 FY26
American Superconductor (AMSC) Q1 FY27 vs Q4 FY26 (quarter over quarter)
American Superconductor's revenue rose $7.7M (+9%) from $86.4M in Q4 FY26 to $94.1M in Q1 FY27. The biggest changes: Wind +$5.0M (+40%); Grid +$2.6M (+4%). Gross margin 26.3% against 27.3% (-1.0 pts).
American Superconductor, Q1 FY27: revenue $94.1M (+30% year over year), operating margin 10.5%, net earnings $9.5M, operating cash flow $16.0M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 26.3% | 27.3% | -1.0 pts |
| Operating margin | 10.5% | -0.6% | +11.1 pts |
| Net margin | 10.1% | 5.2% | +4.8 pts |
| Free cash flow margin | 5.9% | 8.7% | -2.8 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Grid | $76.3M | $73.7M | $2.6M | +4% |
| Wind | $17.8M | $12.7M | $5.0M | +40% |
| Revenue | $94.1M | $86.4M | $7.7M | +9% |
| Gross profit | $24.7M | $23.6M | $1.1M | +5% |
| Cost of revenue | $69.3M | $62.8M | $6.5M | +10% |
| Other income, net | $920K | $48K | $872K | 19× |
| Operating profit | $9.8M | −$522K | $10.4M | — |
| Operating expenses | $14.9M | $24.1M | −$9.2M | -38% |
| Pre-tax earnings | $10.8M | −$474K | $11.2M | — |
| Net earnings | $9.5M | $4.5M | $5.0M | +110% |
| Income tax | $1.3M | −$5.0M | $6.3M | — |
| Depreciation & amortization | $2.6M | $3.2M | −$555K | -17% |
| Share-based compensation | $5.3M | $3.8M | $1.5M | +40% |
| Working capital & other | $1.4M | $2.2M | −$811K | -37% |
| Operating cash flow | $16.0M | $9.3M | $6.7M | +72% |
| Free cash flow (OCF − capex) | $5.6M | $7.5M | −$1.9M | -26% |
| Capital expenditures | $10.4M | $1.8M | $8.6M | +483% |
Questions
How much did American Superconductor's revenue grow quarter over quarter in Q1 FY27?
American Superconductor's revenue rose $7.7M (+9%) from $86.4M in Q4 FY26 to $94.1M in Q1 FY27.
What drove American Superconductor's revenue change in Q1 FY27?
Wind +$5.0M (+40%); Grid +$2.6M (+4%).