American Superconductor Corp balance sheet

At the end of fiscal 2026, American Superconductor Corp had total assets of $739m, total liabilities of $184m and shareholders' equity of $555m. It held $141m in cash against $7.7m of debt.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

American Superconductor Corp: balance sheet, annual
Fiscal year	2010Mar 2010	2011Mar 2011	2012Mar 2012	2013Mar 2013	2014Mar 2014	2015Mar 2015	2016Mar 2016	2017Mar 2017	2018Mar 2018	2019Mar 2019	2020Mar 2020	2021Mar 2021	2022Mar 2022	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026	LTMJun 2026
Cash and equivalents	88	124	46	39	43	20	39	27	34	77	25	68	41	23	91	79	141	144
Receivables	62	15	19	19	8	10	19	8	7	8	17	13	20	31	26	46	69	81
Inventory	36	26	29	33	21	21	19	17	18	12	19	13	24	37	42	71	104	98
Total current assets	263	320	144	120	83	65	83	56	67	103	94	105	94	106	166	207	332	343
Goodwill	37	—	—	—	—	—	—	0	2	2	2	35	43	43	43	48	175	177
Total assets	400	441	255	217	169	134	135	100	88	119	169	169	174	176	233	311	739	762
Accounts payable	—	40	8	7	2	7	6	3	3	3	10	5	13	14	4	7	13	18
Deferred revenue (current)	20	10	20	30	9	11	12	14	11	8	18	13	23	44	51	67	78	85
Total current liabilities	105	145	86	80	48	47	41	32	27	28	41	41	54	84	79	100	139	141
Short-term debt	—	—	—	—	—	—	—	—	—	—	—	0	0	0	0	0	—	—
Long-term debt	—	—	—	3	6	4	1	0	—	—	—	0	0	0	0	0	—	—
Total debt	0	0	0	15	13	8	4	1	—	0	0	0	0	0	0	0	8	8
Total liabilities	119	148	90	92	56	54	52	40	36	38	52	52	64	94	88	113	184	190
Shareholders' equity	281	293	165	125	112	80	84	60	52	81	72	117	109	82	145	197	555	572
Non-controlling interests and other (assets − liabilities − equity)	—	—	—	—	—	—	—	—	—	—	45	—	—	—	—	—	—	—
Shares outstanding	—	—	—	—	—	—	—	—	—	21m	23m	28m	29m	30m	37m	39m	48m	48m

US$ millions unless shown otherwise. Fiscal quarters.

American Superconductor Corp: balance sheet, quarterly
Quarter	2025 Q2Sept 2024	2025 Q3Dec 2024	2025 Q4Mar 2025	2026 Q1Jun 2025	2026 Q2Sept 2025	2026 Q3Dec 2025	2026 Q4Mar 2026	2027 Q1Jun 2026
Receivables	40	44	46	55	63	63	69	81
Inventory	71	75	71	72	75	105	104	98
Total current assets	195	205	207	349	343	325	332	343
Goodwill	49	49	48	48	48	166	175	177
Total assets	298	310	311	453	446	720	739	762
Accounts payable	4	4	7	12	7	16	13	18
Deferred revenue (current)	69	74	67	66	52	73	78	85
Total current liabilities	95	104	100	105	88	122	139	141
Short-term debt	0	0	0	—	—	2	—	—
Long-term debt	—	—	0	—	—	6	—	—
Total debt	0	0	0	—	—	8	—	—
Total liabilities	111	118	113	120	103	183	184	190
Shareholders' equity	187	193	197	333	342	537	555	572
Shares outstanding	—	39m	39m	45m	45m	48m	48m	48m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from American Superconductor Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to American Superconductor Corp.