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

American Superconductor's Research & Development history runs 17 years deep, the most recent figure standing at $3.5 million for 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 was $3.5 million for Q4 2025 at American Superconductor, down from $3.7 million in the prior quarter.
• Across five years, Research & Development topped out at $11.0 million in Q1 2021 and bottomed at $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 slumped 81.95% — and 2025, when it jumped 88.28%.
• American Superconductor's Research & Development stood at $2.7 million in 2021, then slipped by 21.6% to $2.1 million in 2022, then gained by 5.57% to $2.2 million in 2023, then jumped by 36.43% to $3.0 million in 2024, then rose by 18.1% to $3.5 million in 2025.
• Business Quant data shows AMSC's Research & Development at $3.5 million in Q4 2025, $3.7 million in Q3 2025, and $4.3 million in Q2 2025.