Demand and volumemixed · 1 filings
“Cost of revenues include total amortization expense of $0.6 million in the fiscal year ended March 31, 2026 as a result of Comtrafo acquired backlog intangible assets.”10-K · May 27, 2026 ↗
American Superconductor Corporation
AMSC
Market read
American Superconductor Corporation's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 7 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 7 directly disclosed connections are confirming.
Company+3.0% todayVolume comparison unavailable
Market group0 of 7 activeNo Coherent Theme · unavailable
Disclosed network0 of 7 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- AMSC's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if AMSC's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 7 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 7 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- AMSC's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations320
Usable filing statements24
Verified relationships7
Evidence supporting the case
- Latest annual revenue changed +34.3% year over year.
- Operating margin changed +4.3 percentage points in the latest annual period.
- Net margin changed +42.0 percentage points in the latest annual period.
Evidence challenging the case
- Diluted shares increased 16.4% in the latest annual period.
- Operating cash flow was only 0.17x net income in the latest annual period.
Questions before a position
- P/E is 82% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 11, 2026
29.556m-10.5%12m-45.1%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2022-03-31$108.4M+24.5%$-0.71+13.9%
2023-03-31$106.0M-2.3%$-1.26+2.4%
2024-03-31$145.6M+37.4%$-0.37+7.1%
2025-03-31$222.8M+53.0%$0.16+26.5%
2026-03-31$299.2M+34.3%$3.05+16.4%
What management says matters
Persistent and emerging business drivers
Foreign exchangenegative · 1 filings
“The increase in other expense, net was driven by unfavorable fluctuations in foreign exchange rates, resulting in translation losses.”10-K · May 27, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 4.3× · EV/sales 3.9×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
29.55+3.0% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for AMSC. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for AMSC. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind AMSC
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
MUMicron Technology, Inc.customerMay 27, 2026 ▾
“Navy, Capital Power Corp., Targa Resources Corp., Micron Technology Inc., SSE plc in the United Kingdom, Consolidated Power Projects (Pty) Ltd in South Africa, the Royal Canadian Navy in Canada, Fuji Bridex in Singapore, Copel Distribuição in Brazil and Ergon…”
TRGPTarga Resources Corp.customerMay 27, 2026 ▾
“Navy, Capital Power Corp., Targa Resources Corp., Micron Technology Inc., SSE plc in the United Kingdom, Consolidated Power Projects (Pty) Ltd in South Africa, the Royal Canadian Navy in Canada, Fuji Bridex in Singapore, Copel Distribuição in Brazil and Ergon…”
Depended on by
FCELFuelCell Energy, Inc.competitorDec 18, 2025 ▾
“Our 2025 Peer Group is comprised of the following 17 companies: American Superconductor Corporation, Aspen Aerogels, Inc., Ballard Power Systems Inc., Blink Charging Co., Broadwind, Inc., ChargePoint Holdings, Inc., Clean Energy Fuels Corp., Energy Recovery,…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
AMSC is currently a Participant in the organic co-movement group No Coherent Theme. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for AMSC; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.