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

American Superconductor's Operating Expenses history runs 17 years deep, the most recent figure standing at $19.5 million for Q4 2025.

• Quarterly Operating Expenses rose 29.86% year-over-year to $19.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $71.8 million (up 20.65% YoY) and the FY2025 annual result came in at $62.9 million, up 34.9% from the prior year.
• Operating Expenses was $19.5 million for Q4 2025 at American Superconductor, up 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.
• A 5-year average of $15.4 million and a median of $12.1 million in 2023 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2023 — Operating Expenses tumbled 69.2% — and 2024, when it soared 49.39%.
• American Superconductor's 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.
• Business Quant data shows AMSC's Operating Expenses at $19.5 million in Q4 2025, $17.5 million in Q3 2025, and $18.8 million in Q2 2025.