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

American Superconductor (AMSC) has reported Research & Development for 17 consecutive years, with $3.5 million the latest figure, recorded 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 declined to $3.5 million in Q4 2025 per AMSC's latest filing, 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.
• Historically, Research & Development has averaged $3.5 million across 5 years, with a median of $2.7 million in 2021.
• The sharpest annual moves came in 2023 and 2025: Research & Development plunged 81.95% in 2023, then surged 88.28% in 2025.
• Over 5 years, 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.
• According to Business Quant data, Research & Development over the past three periods registered $3.5 million, $3.7 million, and $4.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.