American Superconductor (AMSC) Research & Development (2009 - 2025)

American Superconductor has reported Research & Development for 17 years, with the latest figure at $3.5 million in Q4 2025.

• For the quarter ending Q4 2025, Research & Development rose 18.1% year-over-year to $3.5 million; the trailing twelve-month figure through Dec 2025 stood at $15.1 million (up 47.3% YoY), and the FY2025 full-year result was $11.4 million, up 42.97% from the prior year.
• Research & Development for Q4 2025 stood at $3.5 million, down from $3.7 million in the prior quarter.
• The five-year high for Research & Development was $11.0 million in Q1 2021, with the low at $1.6 million in Q3 2023.
• Historically, Research & Development has averaged $3.5 million across 5 years, with a median of $2.7 million in 2021.
• Annual changes were most pronounced in 2023 — Research & Development tumbled 81.95% — and 2025, when it jumped 88.28%.
• American Superconductor's Research & Development stood at $2.7 million in 2021, then retreated by 21.6% to $2.1 million in 2022, then increased by 5.57% to $2.2 million in 2023, then surged by 36.43% to $3.0 million in 2024, then grew by 18.1% to $3.5 million in 2025.
• The last three Research & Development figures came in at $3.5 million (Q4 2025), $3.7 million (Q3 2025), and $4.3 million (Q2 2025), per Business Quant data.