AMSC Reports Second Quarter Fiscal Year 2026 Financial Results and Business Outlook
AMSC reported Q2 FY2026 revenue of $94.0 million, up more than 40% year-over-year from $65.9 million, driven by organic growth and the Comtrafo acquisition, with total orders exceeding $95 million. GAAP net income fell to $3.0 million ($0.06 per share) from $4.8 million ($0.11 per share), pressured by a jump in income tax expense, while non-GAAP net income was roughly flat at $9.1 million ($0.20 per share). Operating cash flow more than quadrupled to $33 million in the quarter, and cash plus restricted cash reached $181.9 million.
Key figures
- Eps
- 0.06
- Revenue
- 94038000
- Guidance
- Q3 FY26 revenue to exceed $80.0M; GAAP net income to exceed breakeven ($0.00/share); non-GAAP net income to exceed $7.0M, or $0.15 per share
- Nongaap eps
- 0.2
- Grid revenue
- 76667000
- Gross margin
- 26530000
- Total orders
- $95 million+
- Wind revenue
- 17371000
- Operating income
- 5360000
- Nongaap net income
- 9148000
- Gaap eps prior year
- 0.11
- Operating cash flow h1
- 48720000
- Cash and restricted cash
- 181900000
AI analysis
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