American Superconductor (AMSC) Research & Development (2009 - 2025)
American Superconductor's (AMSC) quarterly Research & Development came in at $3.5 million in Q4 2025, up 18.1% YoY from $3.0 million in Q4 2024, and down 4.99% on a QoQ basis from $3.7 million in Q3 2025.
American Superconductor (AMSC) Research & Development (2009 - 2025) Analysis & Trends
American Superconductor (AMSC) has 17 years of Research & Development data on file, last reported at $3.5 million in Q4 2025.
- Quarterly Research & Development rose 18.1% year-over-year to $3.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $15.1 million (up 47.3% YoY) and the FY2025 annual result came in at $11.4 million, up 42.97% from the prior year.
- Research & Development retreated to $3.5 million in Q4 2025, from $3.7 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $11.0 million in Q1 2021 to a low of $1.6 million in Q3 2023.
- A 5-year average of $3.5 million and a median of $2.7 million in 2021 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development tumbled 81.95% — and 2025, when it jumped 88.28%.
- Tracing AMSC's Research & Development over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 334.00 Mn |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 227.00 Mn |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | - |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 385.00 Mn |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | - |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | - |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 173.00 Mn |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | - |
| 10 | American Superconductor | 1.32 Bn | 1.18 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.54 Mn |
| Sep 30, 2025 | 3.73 Mn |
| Jun 30, 2025 | 4.30 Mn |
| Mar 31, 2025 | 3.49 Mn |
| Dec 31, 2024 | 3.00 Mn |
| Sep 30, 2024 | 2.65 Mn |
| Jun 30, 2024 | 2.29 Mn |
| Mar 31, 2024 | 2.30 Mn |
| Dec 31, 2023 | 2.20 Mn |
| Sep 30, 2023 | 1.64 Mn |
| Jun 30, 2023 | 1.85 Mn |
| Mar 31, 2023 | 1.89 Mn |
| Dec 31, 2022 | 2.08 Mn |
| Sep 30, 2022 | 2.31 Mn |
| Jun 30, 2022 | 2.68 Mn |
| Mar 31, 2022 | 10.47 Mn |
| Dec 31, 2021 | 2.66 Mn |
| Sep 30, 2021 | 2.67 Mn |
| Jun 30, 2021 | 3.04 Mn |
| Mar 31, 2021 | 11.02 Mn |