Grid was American Superconductor’s largest segment in fiscal 2025, bringing in $187.17M of $222.82M (84%).
| Segment | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Grid | $98.88M | $94.63M | $122.07M | $187.17M | ||||||||||||
| Wind | $9.56M | $11.35M | $23.57M | $35.65M | ||||||||||||
| Total | $108.44M | $105.98M | $145.64M | $222.82M |
American Superconductor brought in $222.82M from its two segments in fiscal 2025, the year ended March 31, 2025. That was up 53.0% from $145.64M in fiscal 2024. Grid was the largest at $187.17M (84.0%), ahead of Wind at $35.65M (16.0%).
Compared with fiscal 2024, Grid grew 53.3% to $187.17M and Wind grew 51.2% to $35.65M. From fiscal 2022 to 2025, combined revenue from these segments grew from $108.44M to $222.82M, a compound annual growth rate of 27.1%. Grid's share of the total fell from 91.2% to 84.0%.
North America was American Superconductor’s largest region in fiscal 2025, bringing in $169.11M of $222.82M (76%).
| Geography | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | — | — | $104.53M | $169.11M | ||||||||||||
| Americas | $74.10M | $67.68M | — | — | ||||||||||||
| China | — | — | — | — | ||||||||||||
| India | — | — | — | — | ||||||||||||
| Asia Pacific | $28.74M | $31.53M | $33.17M | $43.00M | ||||||||||||
| Other Asia-Pacific | — | — | — | — | ||||||||||||
| U.S | — | — | — | — | ||||||||||||
| Korea | — | — | — | — | ||||||||||||
| Europe | — | — | — | — | ||||||||||||
| Australia | — | — | — | — | ||||||||||||
| Emea | $5.59M | $6.78M | $5.33M | $9.93M | ||||||||||||
| North America & South America | — | — | — | — | ||||||||||||
| Middle East | — | — | — | — | ||||||||||||
| Canada | — | — | — | — | ||||||||||||
| South America | — | — | $2.61M | $782.00K | ||||||||||||
| Africa | — | — | — | — | ||||||||||||
| Total | $108.44M | $105.98M | $145.64M | $222.82M |
American Superconductor brought in $222.82M from its four regions in fiscal 2025, the year ended March 31, 2025. That was up 53.0% from $145.64M in fiscal 2024. North America was the largest at $169.11M (75.9%), ahead of Asia Pacific at $43.00M (19.3%) and Emea at $9.93M (4.5%). The remaining region, South America, brought in $782.00K.
Compared with fiscal 2024, Emea grew fastest, up 86.3% to $9.93M. Every region above 2% of revenue grew.
American Superconductor began breaking out North America in fiscal 2024 and South America in fiscal 2024. American Superconductor stopped reporting Americas as a separate region after fiscal 2023, when it brought in $67.68M.
Equipment & Systems was American Superconductor’s largest product and service line in fiscal 2023, bringing in $97.59M of $106.58M (92%).
| Product and Service | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|---|
| Equipment & Systems | $56.35M | $80.29M | $97.87M | $97.59M | |
| Services & Technology Development | $7.49M | $6.83M | $10.56M | $8.39M | |
| Held Transactions | — | — | $1.20M | $600.00K | |
| Total | $63.84M | $87.13M | $109.64M | $106.58M |
American Superconductor brought in $106.58M from its three product and service lines in fiscal 2023, the year ended March 31, 2023. That was down 2.8% from $109.64M in fiscal 2022. Equipment & Systems was the largest at $97.59M (91.6%), ahead of Services & Technology Development at $8.39M (7.9%) and Held Transactions at $600.00K (0.6%).
Compared with fiscal 2022, Equipment & Systems fell 0.3% to $97.59M and Services & Technology Development fell 20.6% to $8.39M.
American Superconductor began breaking out Held Transactions in fiscal 2022, when it brought in $1.20M.
American Superconductor (AMSC) reports its revenue by segment, by geography and by product and service. In fiscal 2025, Grid was its largest segment, bringing in $187.17M (84.0% of the total), followed by Wind at $35.65M (16.0%).
Grid was American Superconductor's largest segment in fiscal 2025, bringing in $187.17M, or 84.0% of the $222.82M total across its two segments.
North America was American Superconductor's largest region in fiscal 2025, bringing in $169.11M, or 75.9% of the $222.82M total across its four regions.
Equipment & Systems was American Superconductor's largest product and service line in fiscal 2023, bringing in $97.59M, or 91.6% of the $106.58M total across its three product and service lines.
Grid grew faster than Wind in fiscal 2025, up 53.3% from $122.07M to $187.17M. Wind grew 51.2% to $35.65M.
Every figure comes from American Superconductor's annual financial filings, as reported. Each line keeps the name American Superconductor gives it, and years follow its fiscal calendar.
American Superconductor's revenue by segment goes back to fiscal 2010, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.