StocksMedium•5 November 2026•
1 min read
American Superconductor Revenue Surges 42% to $94 Million in Q2
Key Facts
1American Superconductor reported Q2 FY2026 revenue of $94 million, a 42% year-over-year increase.
2First-half orders doubled to $230 million, while the 12-month backlog grew 50% to $320 million.
American Superconductor reported revenue of $94 million for the second quarter of fiscal 2026, representing a 42% year-over-year increase. According to scanx.trade, the growth was primarily driven by the grid segment, which accounted for 82% of the total revenue during the period.
First-half orders doubled to reach $230 million, while the company's 12-month backlog grew by 50% to $320 million. Despite the surge in revenue, GAAP net income declined to $3 million compared to $4.8 million in the same quarter of the previous year.