Filing Flows › American Superconductor (AMSC) › Q1 FY27
American Superconductor (AMSC) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Aug 5, 2026
American Superconductor (AMSC) reported revenue of $94.1M for the first quarter fiscal 2027 (Q1 FY27), +30% from a year earlier and +9% from the quarter before. Operating margin was 10.5%, net earnings $9.5M (10.1% of revenue).
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 follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $94.1M | +9% | +30% |
| Gross profit | $24.7M | +5% | +1% |
| Operating profit | $9.8M | — | +74% |
| Net earnings | $9.5M | +110% | +41% |
| Operating cash flow | $16.0M | +72% | +288% |
| Free cash flow | $5.6M | -26% | +68% |
What changed
Revenue was $94.1M in Q1 FY27, up 30% year over year and up 9% from the previous quarter. Grid was the largest line at 81% of revenue. Grid added $16.2M year over year (up 27%), 75% of the total change.
Gross margin was 26.3%, down 7.6 points from Q1 FY26. Operating profit was $9.8M, a 10.5% margin (up 2.7 points year over year). Of the extra revenue versus Q1 FY26, 19% reached operating profit, above the 8% margin then. Operating expenses fell 21% while revenue rose 30%. Net earnings were $9.5M, up 41% year over year. The effective tax rate was 11.7%.
Operating cash flow was $16.0M (up 288% year over year), 169% of net earnings. Non-cash charges added back $2.6M of depreciation and amortization and $5.3M of share-based compensation. Working capital and other items used $1.4M. Capital expenditures of $10.4M left free cash flow of $5.6M.
Questions
What was American Superconductor's revenue in the first quarter fiscal 2027?
American Superconductor (AMSC) reported revenue of $94.1M for the first quarter fiscal 2027 (Q1 FY27), +30% from a year earlier and +9% from the quarter before.
Was American Superconductor profitable in the first quarter fiscal 2027?
Operating profit was $9.8M (10.5% of revenue) and net earnings $9.5M.