American Superconductor Corporation (AMSC) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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AMSC Revenue Growth
Revenue Breakdown (FY 2024)
AMSC's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
AMSC Revenue Analysis (2013–2024)
As of May 8, 2026, American Superconductor Corporation (AMSC) generated trailing twelve-month (TTM) revenue of $279.4 million, reflecting exceptional growth of +21.4% year-over-year. The most recent quarter (Q3 2025) recorded $74.5 million in revenue, up 13.2% sequentially.
Looking at the longer-term picture, AMSC's 5-year compound annual growth rate (CAGR) stands at +28.4%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $222.8 million in 2024, representing a new all-time high.
Revenue diversification analysis shows AMSC's business is primarily driven by Grid (83%), and Wind (17%). With over half of revenue concentrated in Grid, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including POWI (+3.1% YoY), VICR (+26.1% YoY), and ITRN (+6.8% YoY), AMSC has underperformed the peer group in terms of revenue growth. Compare AMSC vs POWI →
AMSC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| AMSCCurrent | $279M | +21.4% | +28.4% | -0.5% | |
 POWI | $444M | +3.1% | -1.9% | 4.8% | |
 VICR | $408M | +26.1% | +6.6% | 9.0% | |
 ITRN | $359M | +6.8% | +7.9% | 21.4% | |
 ERII | $135M | -10.0% | +7.9% | 18.2% | |
 MTRX | $769M | +13.9% | -6.9% | -4.6% |
AMSC Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $222.8M | +53.0% | $61.9M | 27.8% | $-1,077,000 | -0.5% |
| 2023 | $145.6M | +37.4% | $35.3M | 24.2% | $-11,368,000 | -7.8% |
| 2022 | $106.0M | -2.3% | $8.5M | 8.0% | $-33,009,000 | -31.1% |
| 2021 | $108.4M | +24.5% | $13.5M | 12.4% | $-21,089,000 | -19.4% |
| 2020 | $87.1M | +36.5% | $17.5M | 20.0% | $-23,165,000 | -26.6% |
| 2019 | $63.8M | +13.6% | $9.4M | 14.8% | $-23,129,000 | -36.2% |
| 2018 | $56.2M | +16.1% | $14.0M | 24.9% | $34.0M | 60.5% |
| 2017 | $48.4M | -35.6% | $3.8M | 7.8% | $-32,157,000 | -66.4% |
| 2016 | $75.2M | -21.7% | $10.8M | 14.4% | $-27,542,000 | -36.6% |
| 2015 | $96.0M | +36.1% | $22.0M | 22.9% | $-20,118,000 | -21.0% |
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Start ComparisonAMSC — Frequently Asked Questions
Quick answers to the most common questions about buying AMSC stock.
Is AMSC's revenue growth accelerating or slowing?
AMSC revenue is accelerating at +21.4% year-over-year, exceeding the 5-year CAGR of +28.4%. TTM revenue reached $279M. Growth momentum has increased versus prior periods.
What is AMSC's long-term revenue growth rate?
American Superconductor Corporation's 5-year revenue CAGR of +28.4% reflects the sustained expansion pattern. Current YoY growth of +21.4% is above this long-term average.
How is AMSC's revenue distributed by segment?
AMSC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.