American Superconductor (AMSC) Operating Expenses (2009 - 2025)

American Superconductor (AMSC) has reported Operating Expenses for 17 consecutive years, with $19.5 million the latest figure, recorded in Q4 2025.

• For the quarter ending Q4 2025, Operating Expenses rose 29.86% year-over-year to $19.5 million; the trailing twelve-month figure through Dec 2025 stood at $71.8 million (up 20.65% YoY), and the FY2025 full-year result was $62.9 million, up 34.9% from the prior year.
• Operating Expenses advanced to $19.5 million in Q4 2025 per AMSC's latest filing, from $17.5 million in the prior quarter.
• Across five years, Operating Expenses topped out at $40.6 million in Q1 2021 and bottomed at $7.6 million in Q3 2021.
• Historically, Operating Expenses has averaged $15.4 million across 5 years, with a median of $12.1 million in 2023.
• The sharpest annual moves came in 2023 and 2024: Operating Expenses sank 69.2% in 2023, then jumped 49.39% in 2024.
• Over 5 years, Operating Expenses stood at $8.0 million in 2021, then gained by 22.31% to $9.7 million in 2022, then gained by 17.44% to $11.4 million in 2023, then soared by 31.42% to $15.0 million in 2024, then rose by 29.86% to $19.5 million in 2025.
• According to Business Quant data, Operating Expenses over the past three periods registered $19.5 million, $17.5 million, and $18.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.