American Superconductor reported fourth quarter fiscal 2025 revenue of $86.4 million, a 30% increase year-over-year, with GAAP net income of $4.5 million, or $0.10 per share. For the full fiscal year, revenue grew 34% to a record $299.2 million, with net income of $133.8 million, or $3.12 per share, primarily driven by a non-cash tax benefit.

Key Highlights

  • Full year fiscal 2025 revenue increased 34% year-over-year to a record $299.2 million, reflecting 25% organic growth.
  • The company's 12-month backlog expanded by nearly 40% year-over-year to approximately $280 million.
  • Fourth quarter orders approached $100 million, with strong demand from traditional energy and data center customers.
  • The company guided for first quarter 2026 revenue to exceed $85.0 million.