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Side-by-side financial comparison of AMERICAN SUPERCONDUCTOR CORP (AMSC) and AMPCO PITTSBURGH CORP (AP). Click either name above to swap in a different company.
AMPCO PITTSBURGH CORP is the larger business by last-quarter revenue ($104.4M vs $74.5M, roughly 1.4× AMERICAN SUPERCONDUCTOR CORP). AMERICAN SUPERCONDUCTOR CORP runs the higher net margin — 158.1% vs -55.2%, a 213.3% gap on every dollar of revenue. On growth, AMERICAN SUPERCONDUCTOR CORP posted the faster year-over-year revenue change (21.4% vs 11.5%). AMERICAN SUPERCONDUCTOR CORP produced more free cash flow last quarter ($2.4M vs $-64.0K). Over the past eight quarters, AMERICAN SUPERCONDUCTOR CORP's revenue compounded faster (33.2% CAGR vs -2.6%).
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.
Ampco-Pittsburgh Corporation is a specialty steel manufacturer headquartered in Downtown Pittsburgh, Pennsylvania. It is one of several companies to bear the Ampco name, and it should not be confused with the Milwaukee-based copper base alloy producer, Ampco Metal Inc.; the Miami-based cabinetry company; the Swiss aluminum corporation; or the Dallas-based tool company. Ampco was formed in 1929 and is a conglomerate made up of several previously established small steel makers. Five small compa...
AMSC vs AP — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $74.5M | $104.4M |
| Net Profit | $117.8M | $-57.7M |
| Gross Margin | 30.7% | — |
| Operating Margin | 4.5% | -54.0% |
| Net Margin | 158.1% | -55.2% |
| Revenue YoY | 21.4% | 11.5% |
| Net Profit YoY | 4679.1% | -1958.9% |
| EPS (diluted) | $2.62 | $-2.87 |
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 | $104.4M | ||
| Q3 25 | $65.9M | $103.7M | ||
| Q2 25 | $72.4M | $108.9M | ||
| Q1 25 | $66.7M | $99.2M | ||
| Q4 24 | $61.4M | $93.6M | ||
| Q3 24 | $54.5M | $92.1M | ||
| Q2 24 | $40.3M | $107.1M | ||
| Q1 24 | $42.0M | $110.0M |
| Q4 25 | $117.8M | $-57.7M | ||
| Q3 25 | $4.8M | $-2.2M | ||
| Q2 25 | $6.7M | $-7.3M | ||
| Q1 25 | $1.2M | $1.1M | ||
| Q4 24 | $2.5M | $3.1M | ||
| Q3 24 | $4.9M | $-2.0M | ||
| Q2 24 | $-2.5M | $2.0M | ||
| Q1 24 | $-1.6M | $-2.7M |
| Q4 25 | 30.7% | — | ||
| Q3 25 | 31.0% | — | ||
| Q2 25 | 33.8% | — | ||
| Q1 25 | 26.5% | — | ||
| Q4 24 | 26.6% | — | ||
| Q3 24 | 28.7% | — | ||
| Q2 24 | 30.3% | — | ||
| Q1 24 | 24.8% | — |
| Q4 25 | 4.5% | -54.0% | ||
| Q3 25 | 4.5% | 1.1% | ||
| Q2 25 | 7.8% | -2.8% | ||
| Q1 25 | 2.5% | 3.9% | ||
| Q4 24 | 2.1% | 5.5% | ||
| Q3 24 | -1.4% | 2.0% | ||
| Q2 24 | -8.2% | 4.7% | ||
| Q1 24 | -5.3% | 0.1% |
| Q4 25 | 158.1% | -55.2% | ||
| Q3 25 | 7.2% | -2.1% | ||
| Q2 25 | 9.3% | -6.7% | ||
| Q1 25 | 1.8% | 1.2% | ||
| Q4 24 | 4.0% | 3.3% | ||
| Q3 24 | 9.0% | -2.1% | ||
| Q2 24 | -6.3% | 1.9% | ||
| Q1 24 | -3.8% | -2.5% |
| Q4 25 | $2.62 | $-2.87 | ||
| Q3 25 | $0.11 | $-0.11 | ||
| Q2 25 | $0.17 | $-0.36 | ||
| Q1 25 | $0.04 | $0.06 | ||
| Q4 24 | $0.06 | $0.16 | ||
| Q3 24 | $0.13 | $-0.10 | ||
| Q2 24 | $-0.07 | $0.10 | ||
| Q1 24 | $-0.03 | $-0.14 |
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 | $10.7M |
| Total DebtLower is stronger | — | $117.9M |
| Stockholders' EquityBook value | $536.8M | $32.6M |
| Total Assets | $719.5M | $495.4M |
| Debt / EquityLower = less leverage | — | 3.61× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $141.1M | $10.7M | ||
| Q3 25 | $212.9M | $15.0M | ||
| Q2 25 | $207.9M | $9.9M | ||
| Q1 25 | $79.5M | $7.1M | ||
| Q4 24 | $75.2M | $15.4M | ||
| Q3 24 | $72.1M | $11.8M | ||
| Q2 24 | $93.5M | $7.9M | ||
| Q1 24 | $90.5M | $10.8M |
| Q4 25 | — | $117.9M | ||
| Q3 25 | — | $119.0M | ||
| Q2 25 | — | $115.9M | ||
| Q1 25 | — | $115.0M | ||
| Q4 24 | — | $116.4M | ||
| Q3 24 | — | $116.0M | ||
| Q2 24 | — | $119.4M | ||
| Q1 24 | — | $116.2M |
| Q4 25 | $536.8M | $32.6M | ||
| Q3 25 | $342.2M | $60.1M | ||
| Q2 25 | $333.1M | $62.7M | ||
| Q1 25 | $197.1M | $64.6M | ||
| Q4 24 | $192.7M | $58.9M | ||
| Q3 24 | $187.0M | $61.3M | ||
| Q2 24 | $143.3M | $58.0M | ||
| Q1 24 | $144.6M | $56.3M |
| Q4 25 | $719.5M | $495.4M | ||
| Q3 25 | $445.6M | $524.4M | ||
| Q2 25 | $452.8M | $537.2M | ||
| Q1 25 | $310.5M | $536.2M | ||
| Q4 24 | $310.3M | $530.9M | ||
| Q3 24 | $298.4M | $547.4M | ||
| Q2 24 | $240.1M | $560.8M | ||
| Q1 24 | $232.8M | $565.8M |
| Q4 25 | — | 3.61× | ||
| Q3 25 | — | 1.98× | ||
| Q2 25 | — | 1.85× | ||
| Q1 25 | — | 1.78× | ||
| Q4 24 | — | 1.98× | ||
| Q3 24 | — | 1.89× | ||
| Q2 24 | — | 2.06× | ||
| Q1 24 | — | 2.06× |
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 | $2.7M |
| Free Cash FlowOCF − Capex | $2.4M | $-64.0K |
| FCF MarginFCF / Revenue | 3.2% | -0.1% |
| Capex IntensityCapex / Revenue | 1.2% | 2.7% |
| Cash ConversionOCF / Net Profit | 0.03× | — |
| TTM Free Cash FlowTrailing 4 quarters | $16.0M | $-8.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.2M | $2.7M | ||
| Q3 25 | $6.5M | $6.3M | ||
| Q2 25 | $4.1M | $-2.3M | ||
| Q1 25 | $6.3M | $-5.3M | ||
| Q4 24 | $5.9M | $7.5M | ||
| Q3 24 | $12.7M | $11.4M | ||
| Q2 24 | $3.4M | $-5.3M | ||
| Q1 24 | $2.2M | $4.5M |
| Q4 25 | $2.4M | $-64.0K | ||
| Q3 25 | $5.1M | $3.3M | ||
| Q2 25 | $3.3M | $-3.8M | ||
| Q1 25 | $5.3M | $-7.5M | ||
| Q4 24 | $5.3M | $3.7M | ||
| Q3 24 | $12.1M | $8.4M | ||
| Q2 24 | $3.1M | $-8.0M | ||
| Q1 24 | $1.9M | $1.7M |
| Q4 25 | 3.2% | -0.1% | ||
| Q3 25 | 7.7% | 3.2% | ||
| Q2 25 | 4.6% | -3.5% | ||
| Q1 25 | 7.9% | -7.5% | ||
| Q4 24 | 8.7% | 4.0% | ||
| Q3 24 | 22.3% | 9.1% | ||
| Q2 24 | 7.8% | -7.5% | ||
| Q1 24 | 4.6% | 1.5% |
| Q4 25 | 1.2% | 2.7% | ||
| Q3 25 | 2.1% | 2.9% | ||
| Q2 25 | 1.1% | 1.3% | ||
| Q1 25 | 1.6% | 2.2% | ||
| Q4 24 | 0.9% | 4.0% | ||
| Q3 24 | 1.1% | 3.2% | ||
| Q2 24 | 0.7% | 2.5% | ||
| Q1 24 | 0.7% | 2.6% |
| Q4 25 | 0.03× | — | ||
| Q3 25 | 1.37× | — | ||
| Q2 25 | 0.61× | — | ||
| Q1 25 | 5.22× | -4.62× | ||
| Q4 24 | 2.38× | 2.40× | ||
| Q3 24 | 2.60× | — | ||
| Q2 24 | — | -2.64× | ||
| 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% |
AP
| Forged And Cast Mill Rolls | $67.0M | 64% |
| Air Handling Systems | $14.3M | 14% |
| Heat Exchange Coils | $13.1M | 13% |
| Centrifugal Pumps | $10.3M | 10% |
| Forged Engineered Products | $4.0M | 4% |
