Business
AMSC Reports Second Quarter Fiscal Year 2025 Financial Results and Business Outlook
Second Quarter Financial Highlights: Increased Revenue by Over 20% Year Over Year to Approximately $66 MillionReported Net Income of Nearly $5 Million and
About this update from American Superconductor Corporation
[{"type":"text","content":" Second Quarter Financial Highlights: Increased Revenue by Over 20% Year Over Year to Approximately $66 MillionReported Net Income of Nearly $5 Million and Non-GAAP Net Income Approaching $9 MillionAchieved Gross Margin Greater than 30% Company to host conference call tomorrow, November 6th, at 10:00 am ET AYER, Mass., Nov. 05, 2025 (GLOBE NEWSWIRE) -- AMSC (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™ and protect and expand the capability and resiliency of our Navy’s fleet, today reported financial results for its second quarter of fiscal year 2025 ended September 30, 2025. Revenues for the second quarter of fiscal 2025 were $65.9 million compared with $54.5 million for the same period of fiscal 2024. The year-over-year increase was driven by organic growth and the acquisition of NWL, Inc. AMSC’s net income for the second quarter of fiscal 2025 was $4.8 million, or $0.11 per share, compared to $4.9 million, or $0.13 per share, for the same period of fiscal 2024. The Company’s non-GAAP net income for the second quarter of fiscal 2025 was $8.9 million, or $0.20 per share, compared with a non-GAAP net income of $10.0 million, or $0.27 per share, in the same period of fiscal 2024. Please refer to the financial table below for a reconciliation of GAAP to non-GAAP results. Cash, cash equivalents, and restricted cash on September 30, 2025, totaled $218.8 million, compared with $85.4 million at March 31, 2025. \"AMSC grew second quarter revenue by over 20% year-over-year, generated net income of nearly $5 million marking our fifth consecutive quarter of profitability and achieved expanded gross margins surpassing 30%,” said Daniel P. McGahn, Chairman, President and CEO, AMSC. “For our second fiscal quarter, we saw strong order demand across energy and military markets, supported by tailwinds in domestic manufacturing and reliable power needs across key sectors. We are confident in our team, our execution, and very excited about the opportunities ahead in fiscal 2025.\" Business OutlookFor the third quarter ending December 31, 2025, AMSC expects that its revenues will be in the range of $65.0 million to $70.0 million. The Company’s net income for the third quarter of fiscal 2025 is expected to exceed $2.0 million, or $0.05 per share. T...