vs

Side-by-side financial comparison of AMERICAN SUPERCONDUCTOR CORP (AMSC) and A10 Networks, Inc. (ATEN). Click either name above to swap in a different company.

A10 Networks, Inc. is the larger business by last-quarter revenue ($75.0M vs $74.5M, roughly 1.0× AMERICAN SUPERCONDUCTOR CORP). AMERICAN SUPERCONDUCTOR CORP runs the higher net margin — 158.1% vs 16.0%, a 142.0% gap on every dollar of revenue. On growth, AMERICAN SUPERCONDUCTOR CORP posted the faster year-over-year revenue change (21.4% vs 13.4%). Over the past eight quarters, AMERICAN SUPERCONDUCTOR CORP's revenue compounded faster (33.2% CAGR vs 11.7%).

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.

A10 Networks, Inc. is an American public company specializing in the manufacturing of application delivery controllers. Founded in 2004 by Lee Chen, co-founder of Foundry Networks, A10 originally serviced just the identity management market with its line of ID Series products. In early 2007, they added bandwidth management appliances. The company had its initial public offering on March 21, 2014, raising $187.5 million.

AMSC vs ATEN — Head-to-Head

Bigger by revenue
ATEN
ATEN
1.0× larger
ATEN
$75.0M
$74.5M
AMSC
Growing faster (revenue YoY)
AMSC
AMSC
+8.0% gap
AMSC
21.4%
13.4%
ATEN
Higher net margin
AMSC
AMSC
142.0% more per $
AMSC
158.1%
16.0%
ATEN
Faster 2-yr revenue CAGR
AMSC
AMSC
Annualised
AMSC
33.2%
11.7%
ATEN

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
AMSC
AMSC
ATEN
ATEN
Revenue
$74.5M
$75.0M
Net Profit
$117.8M
$12.0M
Gross Margin
30.7%
79.6%
Operating Margin
4.5%
17.3%
Net Margin
158.1%
16.0%
Revenue YoY
21.4%
13.4%
Net Profit YoY
4679.1%
EPS (diluted)
$2.62
$0.17

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
ATEN
ATEN
Q1 26
$75.0M
Q4 25
$74.5M
$80.4M
Q3 25
$65.9M
$74.7M
Q2 25
$72.4M
$69.4M
Q1 25
$66.7M
$66.1M
Q4 24
$61.4M
$74.2M
Q3 24
$54.5M
$66.7M
Q2 24
$40.3M
$60.1M
Net Profit
AMSC
AMSC
ATEN
ATEN
Q1 26
$12.0M
Q4 25
$117.8M
$9.9M
Q3 25
$4.8M
$12.2M
Q2 25
$6.7M
$10.5M
Q1 25
$1.2M
$9.5M
Q4 24
$2.5M
$18.3M
Q3 24
$4.9M
$12.6M
Q2 24
$-2.5M
$9.5M
Gross Margin
AMSC
AMSC
ATEN
ATEN
Q1 26
79.6%
Q4 25
30.7%
78.7%
Q3 25
31.0%
80.1%
Q2 25
33.8%
78.9%
Q1 25
26.5%
79.7%
Q4 24
26.6%
79.9%
Q3 24
28.7%
80.5%
Q2 24
30.3%
80.0%
Operating Margin
AMSC
AMSC
ATEN
ATEN
Q1 26
17.3%
Q4 25
4.5%
18.7%
Q3 25
4.5%
17.4%
Q2 25
7.8%
14.9%
Q1 25
2.5%
13.3%
Q4 24
2.1%
24.8%
Q3 24
-1.4%
15.7%
Q2 24
-8.2%
13.2%
Net Margin
AMSC
AMSC
ATEN
ATEN
Q1 26
16.0%
Q4 25
158.1%
12.3%
Q3 25
7.2%
16.3%
Q2 25
9.3%
15.2%
Q1 25
1.8%
14.4%
Q4 24
4.0%
24.7%
Q3 24
9.0%
18.9%
Q2 24
-6.3%
15.8%
EPS (diluted)
AMSC
AMSC
ATEN
ATEN
Q1 26
$0.17
Q4 25
$2.62
$0.13
Q3 25
$0.11
$0.17
Q2 25
$0.17
$0.14
Q1 25
$0.04
$0.13
Q4 24
$0.06
$0.24
Q3 24
$0.13
$0.17
Q2 24
$-0.07
$0.13

Balance Sheet & Financial Strength

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

Metric
AMSC
AMSC
ATEN
ATEN
Cash + ST InvestmentsLiquidity on hand
$141.1M
$57.9M
Total DebtLower is stronger
$219.2M
Stockholders' EquityBook value
$536.8M
$220.8M
Total Assets
$719.5M
$634.4M
Debt / EquityLower = less leverage
0.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMSC
AMSC
ATEN
ATEN
Q1 26
$57.9M
Q4 25
$141.1M
$684.6M
Q3 25
$212.9M
$370.9M
Q2 25
$207.9M
$367.4M
Q1 25
$79.5M
$355.8M
Q4 24
$75.2M
$195.6M
Q3 24
$72.1M
$182.1M
Q2 24
$93.5M
$177.1M
Total Debt
AMSC
AMSC
ATEN
ATEN
Q1 26
$219.2M
Q4 25
$218.8M
Q3 25
$218.4M
Q2 25
$218.1M
Q1 25
$217.7M
Q4 24
$0
Q3 24
Q2 24
Stockholders' Equity
AMSC
AMSC
ATEN
ATEN
Q1 26
$220.8M
Q4 25
$536.8M
$211.5M
Q3 25
$342.2M
$206.2M
Q2 25
$333.1M
$204.0M
Q1 25
$197.1M
$195.9M
Q4 24
$192.7M
$231.8M
Q3 24
$187.0M
$217.3M
Q2 24
$143.3M
$214.4M
Total Assets
AMSC
AMSC
ATEN
ATEN
Q1 26
$634.4M
Q4 25
$719.5M
$629.8M
Q3 25
$445.6M
$620.1M
Q2 25
$452.8M
$607.9M
Q1 25
$310.5M
$606.2M
Q4 24
$310.3M
$432.8M
Q3 24
$298.4M
$407.7M
Q2 24
$240.1M
$397.2M
Debt / Equity
AMSC
AMSC
ATEN
ATEN
Q1 26
0.99×
Q4 25
1.03×
Q3 25
1.06×
Q2 25
1.07×
Q1 25
1.11×
Q4 24
0.00×
Q3 24
Q2 24

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
ATEN
ATEN
Operating Cash FlowLast quarter
$3.2M
$2.2M
Free Cash FlowOCF − Capex
$2.4M
FCF MarginFCF / Revenue
3.2%
Capex IntensityCapex / Revenue
1.2%
3.9%
Cash ConversionOCF / Net Profit
0.03×
0.19×
TTM Free Cash FlowTrailing 4 quarters
$16.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMSC
AMSC
ATEN
ATEN
Q1 26
$2.2M
Q4 25
$3.2M
$22.7M
Q3 25
$6.5M
$22.8M
Q2 25
$4.1M
$22.2M
Q1 25
$6.3M
$17.2M
Q4 24
$5.9M
$25.7M
Q3 24
$12.7M
$20.1M
Q2 24
$3.4M
$12.2M
Free Cash Flow
AMSC
AMSC
ATEN
ATEN
Q1 26
Q4 25
$2.4M
$16.0M
Q3 25
$5.1M
$18.1M
Q2 25
$3.3M
$17.9M
Q1 25
$5.3M
$12.7M
Q4 24
$5.3M
$23.3M
Q3 24
$12.1M
$16.7M
Q2 24
$3.1M
$8.7M
FCF Margin
AMSC
AMSC
ATEN
ATEN
Q1 26
Q4 25
3.2%
20.0%
Q3 25
7.7%
24.2%
Q2 25
4.6%
25.9%
Q1 25
7.9%
19.2%
Q4 24
8.7%
31.4%
Q3 24
22.3%
25.0%
Q2 24
7.8%
14.5%
Capex Intensity
AMSC
AMSC
ATEN
ATEN
Q1 26
3.9%
Q4 25
1.2%
8.3%
Q3 25
2.1%
6.3%
Q2 25
1.1%
6.1%
Q1 25
1.6%
6.8%
Q4 24
0.9%
3.2%
Q3 24
1.1%
5.2%
Q2 24
0.7%
5.8%
Cash Conversion
AMSC
AMSC
ATEN
ATEN
Q1 26
0.19×
Q4 25
0.03×
2.30×
Q3 25
1.37×
1.87×
Q2 25
0.61×
2.10×
Q1 25
5.22×
1.80×
Q4 24
2.38×
1.40×
Q3 24
2.60×
1.59×
Q2 24
1.29×

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%

ATEN
ATEN

Products$44.0M59%
Services$31.0M41%

Related Comparisons