The company reports Q1 revenue of $90 million, up 30% year-over-year, driven by strong Grid segment performance.
American Superconductor Corporation (AMSC) projected Q2 fiscal 2026 revenue above $85 million as it scales production capacity in Brazil. The company reported Q1 revenue of $90 million, a 30% increase from the same period last year.
Grid segment revenue accounted for over 80% of total revenue, while Wind contributed nearly 20%. The growth reflects expanded demand for energy infrastructure solutions. Prior-year Q1 revenue was not disclosed in the latest update.
Management highlighted progress in Brazil as a key driver for future revenue growth, though no immediate market reaction was noted in the source.