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Side-by-side financial comparison of AMERICAN SUPERCONDUCTOR CORP (AMSC) and Amphenol (APH). Click either name above to swap in a different company.

Amphenol is the larger business by last-quarter revenue ($6.4B vs $74.5M, roughly 86.4× AMERICAN SUPERCONDUCTOR CORP). AMERICAN SUPERCONDUCTOR CORP runs the higher net margin — 158.1% vs 18.6%, a 139.5% gap on every dollar of revenue. On growth, Amphenol posted the faster year-over-year revenue change (49.1% vs 21.4%). Amphenol produced more free cash flow last quarter ($1.5B vs $2.4M). Over the past eight quarters, Amphenol's revenue compounded faster (40.6% CAGR vs 33.2%).

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.

Amphenol Corporation is an American producer of electronic and fiber optic connectors, cable and interconnect systems such as coaxial cables. Amphenol is a portmanteau from the corporation's original name, American Phenolic Corp.

AMSC vs APH — Head-to-Head

Bigger by revenue
APH
APH
86.4× larger
APH
$6.4B
$74.5M
AMSC
Growing faster (revenue YoY)
APH
APH
+27.7% gap
APH
49.1%
21.4%
AMSC
Higher net margin
AMSC
AMSC
139.5% more per $
AMSC
158.1%
18.6%
APH
More free cash flow
APH
APH
$1.5B more FCF
APH
$1.5B
$2.4M
AMSC
Faster 2-yr revenue CAGR
APH
APH
Annualised
APH
40.6%
33.2%
AMSC

Income Statement — Q3 2026 vs Q4 2025

Metric
AMSC
AMSC
APH
APH
Revenue
$74.5M
$6.4B
Net Profit
$117.8M
$1.2B
Gross Margin
30.7%
38.2%
Operating Margin
4.5%
26.8%
Net Margin
158.1%
18.6%
Revenue YoY
21.4%
49.1%
Net Profit YoY
4679.1%
60.2%
EPS (diluted)
$2.62
$0.93

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.

Revenue
AMSC
AMSC
APH
APH
Q4 25
$74.5M
$6.4B
Q3 25
$65.9M
$6.2B
Q2 25
$72.4M
$5.7B
Q1 25
$66.7M
$4.8B
Q4 24
$61.4M
$4.3B
Q3 24
$54.5M
$4.0B
Q2 24
$40.3M
$3.6B
Q1 24
$42.0M
$3.3B
Net Profit
AMSC
AMSC
APH
APH
Q4 25
$117.8M
$1.2B
Q3 25
$4.8M
$1.2B
Q2 25
$6.7M
$1.1B
Q1 25
$1.2M
$737.8M
Q4 24
$2.5M
$746.1M
Q3 24
$4.9M
$604.4M
Q2 24
$-2.5M
$524.8M
Q1 24
$-1.6M
$548.7M
Gross Margin
AMSC
AMSC
APH
APH
Q4 25
30.7%
38.2%
Q3 25
31.0%
38.1%
Q2 25
33.8%
36.3%
Q1 25
26.5%
34.2%
Q4 24
26.6%
34.3%
Q3 24
28.7%
33.6%
Q2 24
30.3%
33.6%
Q1 24
24.8%
33.4%
Operating Margin
AMSC
AMSC
APH
APH
Q4 25
4.5%
26.8%
Q3 25
4.5%
27.5%
Q2 25
7.8%
25.1%
Q1 25
2.5%
21.3%
Q4 24
2.1%
22.1%
Q3 24
-1.4%
20.3%
Q2 24
-8.2%
19.4%
Q1 24
-5.3%
21.0%
Net Margin
AMSC
AMSC
APH
APH
Q4 25
158.1%
18.6%
Q3 25
7.2%
20.1%
Q2 25
9.3%
19.3%
Q1 25
1.8%
15.3%
Q4 24
4.0%
17.3%
Q3 24
9.0%
15.0%
Q2 24
-6.3%
14.5%
Q1 24
-3.8%
16.9%
EPS (diluted)
AMSC
AMSC
APH
APH
Q4 25
$2.62
$0.93
Q3 25
$0.11
$0.97
Q2 25
$0.17
$0.86
Q1 25
$0.04
$0.58
Q4 24
$0.06
$0.16
Q3 24
$0.13
$0.48
Q2 24
$-0.07
$0.41
Q1 24
$-0.03
$0.87

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMSC
AMSC
APH
APH
Cash + ST InvestmentsLiquidity on hand
$141.1M
$11.4B
Total DebtLower is stronger
$14.6B
Stockholders' EquityBook value
$536.8M
$13.4B
Total Assets
$719.5M
$36.2B
Debt / EquityLower = less leverage
1.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMSC
AMSC
APH
APH
Q4 25
$141.1M
$11.4B
Q3 25
$212.9M
$3.9B
Q2 25
$207.9M
$3.2B
Q1 25
$79.5M
$1.7B
Q4 24
$75.2M
$3.3B
Q3 24
$72.1M
$1.6B
Q2 24
$93.5M
$1.3B
Q1 24
$90.5M
$2.0B
Total Debt
AMSC
AMSC
APH
APH
Q4 25
$14.6B
Q3 25
$7.1B
Q2 25
$7.1B
Q1 25
$6.8B
Q4 24
$6.5B
Q3 24
$5.1B
Q2 24
$5.0B
Q1 24
$3.6B
Stockholders' Equity
AMSC
AMSC
APH
APH
Q4 25
$536.8M
$13.4B
Q3 25
$342.2M
$12.5B
Q2 25
$333.1M
$11.5B
Q1 25
$197.1M
$10.3B
Q4 24
$192.7M
$9.8B
Q3 24
$187.0M
$9.5B
Q2 24
$143.3M
$9.0B
Q1 24
$144.6M
$8.7B
Total Assets
AMSC
AMSC
APH
APH
Q4 25
$719.5M
$36.2B
Q3 25
$445.6M
$27.1B
Q2 25
$452.8M
$25.7B
Q1 25
$310.5M
$22.9B
Q4 24
$310.3M
$21.4B
Q3 24
$298.4M
$19.6B
Q2 24
$240.1M
$18.6B
Q1 24
$232.8M
$16.7B
Debt / Equity
AMSC
AMSC
APH
APH
Q4 25
1.09×
Q3 25
0.57×
Q2 25
0.62×
Q1 25
0.66×
Q4 24
0.66×
Q3 24
0.54×
Q2 24
0.56×
Q1 24
0.41×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMSC
AMSC
APH
APH
Operating Cash FlowLast quarter
$3.2M
$1.7B
Free Cash FlowOCF − Capex
$2.4M
$1.5B
FCF MarginFCF / Revenue
3.2%
22.8%
Capex IntensityCapex / Revenue
1.2%
3.9%
Cash ConversionOCF / Net Profit
0.03×
1.44×
TTM Free Cash FlowTrailing 4 quarters
$16.0M
$4.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMSC
AMSC
APH
APH
Q4 25
$3.2M
$1.7B
Q3 25
$6.5M
$1.5B
Q2 25
$4.1M
$1.4B
Q1 25
$6.3M
$764.9M
Q4 24
$5.9M
$847.1M
Q3 24
$12.7M
$704.0M
Q2 24
$3.4M
$664.1M
Q1 24
$2.2M
$599.5M
Free Cash Flow
AMSC
AMSC
APH
APH
Q4 25
$2.4M
$1.5B
Q3 25
$5.1M
$1.2B
Q2 25
$3.3M
$1.1B
Q1 25
$5.3M
$576.3M
Q4 24
$5.3M
$647.3M
Q3 24
$12.1M
$474.0M
Q2 24
$3.1M
$522.8M
Q1 24
$1.9M
$505.2M
FCF Margin
AMSC
AMSC
APH
APH
Q4 25
3.2%
22.8%
Q3 25
7.7%
19.6%
Q2 25
4.6%
19.8%
Q1 25
7.9%
12.0%
Q4 24
8.7%
15.0%
Q3 24
22.3%
11.7%
Q2 24
7.8%
14.5%
Q1 24
4.6%
15.5%
Capex Intensity
AMSC
AMSC
APH
APH
Q4 25
1.2%
3.9%
Q3 25
2.1%
4.2%
Q2 25
1.1%
5.3%
Q1 25
1.6%
3.9%
Q4 24
0.9%
4.6%
Q3 24
1.1%
5.7%
Q2 24
0.7%
3.9%
Q1 24
0.7%
2.9%
Cash Conversion
AMSC
AMSC
APH
APH
Q4 25
0.03×
1.44×
Q3 25
1.37×
1.18×
Q2 25
0.61×
1.30×
Q1 25
5.22×
1.04×
Q4 24
2.38×
1.14×
Q3 24
2.60×
1.16×
Q2 24
1.27×
Q1 24
1.09×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMSC
AMSC

Equipment And Systems$56.0M75%
Megatran$14.1M19%
Comtrafo Industria De Transformadores Eletricos SA$4.6M6%

APH
APH

Communications Solutions Segment$3.5B54%
Harsh Environment Solutions Segment$1.7B26%
Sales Channel Through Intermediary$1.4B21%

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