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Side-by-side financial comparison of AMERICAN SUPERCONDUCTOR CORP (AMSC) and AEMETIS, INC (AMTX). Click either name above to swap in a different company.
AMERICAN SUPERCONDUCTOR CORP is the larger business by last-quarter revenue ($74.5M vs $43.3M, roughly 1.7× AEMETIS, INC). On growth, AMERICAN SUPERCONDUCTOR CORP posted the faster year-over-year revenue change (21.4% vs -7.9%). AMERICAN SUPERCONDUCTOR CORP produced more free cash flow last quarter ($2.4M vs $-10.8M). Over the past eight quarters, AMERICAN SUPERCONDUCTOR CORP's revenue compounded faster (33.2% CAGR vs -22.8%).
Anglo American plc is a British multinational mining company with headquarters in London, England. It is the world's largest producer of platinum, representing approximately 40 percent of global output, as well as being a major producer of diamonds, copper, nickel, iron ore, polyhalite and steelmaking coal. The company has operations in Africa, Asia, Australia, Europe, North America and South America.
Aemetis, Inc. is a renewable fuels and sustainable biochemicals producer operating across North America and India. Its core products include low-carbon ethanol, renewable natural gas and biodiesel, serving transportation, industrial and agricultural sectors with decarbonization solutions for commercial clients.
AMSC vs AMTX — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $74.5M | $43.3M |
| Net Profit | $117.8M | — |
| Gross Margin | 30.7% | 17.8% |
| Operating Margin | 4.5% | -5.7% |
| Net Margin | 158.1% | — |
| Revenue YoY | 21.4% | -7.9% |
| Net Profit YoY | 4679.1% | — |
| EPS (diluted) | $2.62 | $-0.03 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $74.5M | $43.3M | ||
| Q3 25 | $65.9M | $59.2M | ||
| Q2 25 | $72.4M | $52.2M | ||
| Q1 25 | $66.7M | $42.9M | ||
| Q4 24 | $61.4M | $47.0M | ||
| Q3 24 | $54.5M | $81.4M | ||
| Q2 24 | $40.3M | $66.6M | ||
| Q1 24 | $42.0M | $72.6M |
| Q4 25 | $117.8M | — | ||
| Q3 25 | $4.8M | $-23.7M | ||
| Q2 25 | $6.7M | $-23.4M | ||
| Q1 25 | $1.2M | $-24.5M | ||
| Q4 24 | $2.5M | — | ||
| Q3 24 | $4.9M | $-17.9M | ||
| Q2 24 | $-2.5M | $-29.2M | ||
| Q1 24 | $-1.6M | $-24.2M |
| Q4 25 | 30.7% | 17.8% | ||
| Q3 25 | 31.0% | -0.1% | ||
| Q2 25 | 33.8% | -6.4% | ||
| Q1 25 | 26.5% | -11.8% | ||
| Q4 24 | 26.6% | -4.3% | ||
| Q3 24 | 28.7% | 4.8% | ||
| Q2 24 | 30.3% | -2.7% | ||
| Q1 24 | 24.8% | -0.8% |
| Q4 25 | 4.5% | -5.7% | ||
| Q3 25 | 4.5% | -14.4% | ||
| Q2 25 | 7.8% | -20.4% | ||
| Q1 25 | 2.5% | -36.3% | ||
| Q4 24 | 2.1% | -28.7% | ||
| Q3 24 | -1.4% | -4.8% | ||
| Q2 24 | -8.2% | -20.4% | ||
| Q1 24 | -5.3% | -13.0% |
| Q4 25 | 158.1% | — | ||
| Q3 25 | 7.2% | -40.1% | ||
| Q2 25 | 9.3% | -44.8% | ||
| Q1 25 | 1.8% | -57.2% | ||
| Q4 24 | 4.0% | — | ||
| Q3 24 | 9.0% | -22.0% | ||
| Q2 24 | -6.3% | -43.8% | ||
| Q1 24 | -3.8% | -33.4% |
| Q4 25 | $2.62 | $-0.03 | ||
| Q3 25 | $0.11 | $-0.37 | ||
| Q2 25 | $0.17 | $-0.41 | ||
| Q1 25 | $0.04 | $-0.47 | ||
| Q4 24 | $0.06 | $-0.29 | ||
| Q3 24 | $0.13 | $-0.38 | ||
| Q2 24 | $-0.07 | $-0.66 | ||
| Q1 24 | $-0.03 | $-0.58 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $141.1M | $4.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $536.8M | $-306.8M |
| Total Assets | $719.5M | $259.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $141.1M | $4.9M | ||
| Q3 25 | $212.9M | $5.6M | ||
| Q2 25 | $207.9M | $1.6M | ||
| Q1 25 | $79.5M | $499.0K | ||
| Q4 24 | $75.2M | $898.0K | ||
| Q3 24 | $72.1M | $296.0K | ||
| Q2 24 | $93.5M | $234.0K | ||
| Q1 24 | $90.5M | $1.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $338.1M | ||
| Q3 24 | — | $322.2M | ||
| Q2 24 | — | $309.0M | ||
| Q1 24 | — | $307.2M |
| Q4 25 | $536.8M | $-306.8M | ||
| Q3 25 | $342.2M | $-304.9M | ||
| Q2 25 | $333.1M | $-289.3M | ||
| Q1 25 | $197.1M | $-280.7M | ||
| Q4 24 | $192.7M | $-263.9M | ||
| Q3 24 | $187.0M | $-258.9M | ||
| Q2 24 | $143.3M | $-249.0M | ||
| Q1 24 | $144.6M | $-232.1M |
| Q4 25 | $719.5M | $259.8M | ||
| Q3 25 | $445.6M | $241.1M | ||
| Q2 25 | $452.8M | $240.0M | ||
| Q1 25 | $310.5M | $242.5M | ||
| Q4 24 | $310.3M | $259.3M | ||
| Q3 24 | $298.4M | $259.3M | ||
| Q2 24 | $240.1M | $259.3M | ||
| Q1 24 | $232.8M | $259.3M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $3.2M | $5.8M |
| Free Cash FlowOCF − Capex | $2.4M | $-10.8M |
| FCF MarginFCF / Revenue | 3.2% | -24.9% |
| Capex IntensityCapex / Revenue | 1.2% | 38.2% |
| Cash ConversionOCF / Net Profit | 0.03× | — |
| TTM Free Cash FlowTrailing 4 quarters | $16.0M | $-22.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.2M | $5.8M | ||
| Q3 25 | $6.5M | $3.1M | ||
| Q2 25 | $4.1M | $-5.7M | ||
| Q1 25 | $6.3M | $160.0K | ||
| Q4 24 | $5.9M | $-12.6M | ||
| Q3 24 | $12.7M | $-5.0M | ||
| Q2 24 | $3.4M | $-5.1M | ||
| Q1 24 | $2.2M | $-10.3M |
| Q4 25 | $2.4M | $-10.8M | ||
| Q3 25 | $5.1M | $-1.0M | ||
| Q2 25 | $3.3M | $-9.3M | ||
| Q1 25 | $5.3M | $-1.7M | ||
| Q4 24 | $5.3M | $-19.4M | ||
| Q3 24 | $12.1M | $-9.5M | ||
| Q2 24 | $3.1M | $-10.5M | ||
| Q1 24 | $1.9M | $-13.9M |
| Q4 25 | 3.2% | -24.9% | ||
| Q3 25 | 7.7% | -1.7% | ||
| Q2 25 | 4.6% | -17.7% | ||
| Q1 25 | 7.9% | -3.9% | ||
| Q4 24 | 8.7% | -41.2% | ||
| Q3 24 | 22.3% | -11.6% | ||
| Q2 24 | 7.8% | -15.8% | ||
| Q1 24 | 4.6% | -19.1% |
| Q4 25 | 1.2% | 38.2% | ||
| Q3 25 | 2.1% | 6.9% | ||
| Q2 25 | 1.1% | 6.7% | ||
| Q1 25 | 1.6% | 4.3% | ||
| Q4 24 | 0.9% | 14.4% | ||
| Q3 24 | 1.1% | 5.5% | ||
| Q2 24 | 0.7% | 8.1% | ||
| Q1 24 | 0.7% | 4.9% |
| Q4 25 | 0.03× | — | ||
| Q3 25 | 1.37× | — | ||
| Q2 25 | 0.61× | — | ||
| Q1 25 | 5.22× | — | ||
| Q4 24 | 2.38× | — | ||
| Q3 24 | 2.60× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMSC
| Equipment And Systems | $56.0M | 75% |
| Megatran | $14.1M | 19% |
| Comtrafo Industria De Transformadores Eletricos SA | $4.6M | 6% |
AMTX
| Ethanol Sales | $28.8M | 66% |
| Wet Distillers Grains | $6.8M | 16% |
| California Dairy Renewable Natural Gas | $5.2M | 12% |
| Other | $1.8M | 4% |
