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Side-by-side financial comparison of AMERICAN SUPERCONDUCTOR CORP (AMSC) and FLYEXCLUSIVE INC. (FLYX). Click either name above to swap in a different company.
FLYEXCLUSIVE INC. is the larger business by last-quarter revenue ($92.1M vs $74.5M, roughly 1.2× AMERICAN SUPERCONDUCTOR CORP). AMERICAN SUPERCONDUCTOR CORP runs the higher net margin — 158.1% vs -4.6%, a 162.7% gap on every dollar of revenue. On growth, AMERICAN SUPERCONDUCTOR CORP posted the faster year-over-year revenue change (21.4% vs 19.8%). AMERICAN SUPERCONDUCTOR CORP produced more free cash flow last quarter ($2.4M vs $-11.0M). Over the past eight quarters, AMERICAN SUPERCONDUCTOR CORP's revenue compounded faster (33.2% CAGR vs 21.9%).
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.
FLYEXCLUSIVE INC. is a U.S.-headquartered private aviation services provider that offers private jet charter, aircraft management, maintenance repair, and fractional ownership programs. It primarily serves high-net-worth individuals, corporate clients, and government entities across North America, delivering personalized on-demand air travel solutions prioritizing safety and convenience.
AMSC vs FLYX — Head-to-Head
Income Statement — Q3 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $74.5M | $92.1M |
| Net Profit | $117.8M | $-4.3M |
| Gross Margin | 30.7% | 13.7% |
| Operating Margin | 4.5% | -12.3% |
| Net Margin | 158.1% | -4.6% |
| Revenue YoY | 21.4% | 19.8% |
| Net Profit YoY | 4679.1% | 32.0% |
| EPS (diluted) | $2.62 | $-0.25 |
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 | — | ||
| Q3 25 | $65.9M | $92.1M | ||
| Q2 25 | $72.4M | $91.3M | ||
| Q1 25 | $66.7M | $88.1M | ||
| Q4 24 | $61.4M | — | ||
| Q3 24 | $54.5M | $76.9M | ||
| Q2 24 | $40.3M | $79.0M | ||
| Q1 24 | $42.0M | $80.0M |
| Q4 25 | $117.8M | — | ||
| Q3 25 | $4.8M | $-4.3M | ||
| Q2 25 | $6.7M | $-4.8M | ||
| Q1 25 | $1.2M | $-5.4M | ||
| Q4 24 | $2.5M | — | ||
| Q3 24 | $4.9M | $-6.3M | ||
| Q2 24 | $-2.5M | $-5.2M | ||
| Q1 24 | $-1.6M | $-5.8M |
| Q4 25 | 30.7% | — | ||
| Q3 25 | 31.0% | 13.7% | ||
| Q2 25 | 33.8% | 15.0% | ||
| Q1 25 | 26.5% | 12.8% | ||
| Q4 24 | 26.6% | — | ||
| Q3 24 | 28.7% | 11.3% | ||
| Q2 24 | 30.3% | 7.9% | ||
| Q1 24 | 24.8% | 7.2% |
| Q4 25 | 4.5% | — | ||
| Q3 25 | 4.5% | -12.3% | ||
| Q2 25 | 7.8% | -13.5% | ||
| Q1 25 | 2.5% | -16.7% | ||
| Q4 24 | 2.1% | — | ||
| Q3 24 | -1.4% | -27.2% | ||
| Q2 24 | -8.2% | -27.6% | ||
| Q1 24 | -5.3% | -34.3% |
| Q4 25 | 158.1% | — | ||
| Q3 25 | 7.2% | -4.6% | ||
| Q2 25 | 9.3% | -5.2% | ||
| Q1 25 | 1.8% | -6.2% | ||
| Q4 24 | 4.0% | — | ||
| Q3 24 | 9.0% | -8.2% | ||
| Q2 24 | -6.3% | -6.5% | ||
| Q1 24 | -3.8% | -7.3% |
| Q4 25 | $2.62 | — | ||
| Q3 25 | $0.11 | $-0.25 | ||
| Q2 25 | $0.17 | $-0.26 | ||
| Q1 25 | $0.04 | $-0.30 | ||
| Q4 24 | $0.06 | — | ||
| Q3 24 | $0.13 | $-0.32 | ||
| Q2 24 | $-0.07 | $-0.32 | ||
| Q1 24 | $-0.03 | $-0.35 |
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 | $18.7M |
| Total DebtLower is stronger | — | $123.9M |
| Stockholders' EquityBook value | $536.8M | $-434.2M |
| Total Assets | $719.5M | $448.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $141.1M | — | ||
| Q3 25 | $212.9M | $18.7M | ||
| Q2 25 | $207.9M | $15.8M | ||
| Q1 25 | $79.5M | $14.7M | ||
| Q4 24 | $75.2M | — | ||
| Q3 24 | $72.1M | $18.7M | ||
| Q2 24 | $93.5M | $9.3M | ||
| Q1 24 | $90.5M | $5.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | $123.9M | ||
| Q2 25 | — | $111.6M | ||
| Q1 25 | — | $121.6M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $197.9M | ||
| Q2 24 | — | $206.3M | ||
| Q1 24 | — | $209.4M |
| Q4 25 | $536.8M | — | ||
| Q3 25 | $342.2M | $-434.2M | ||
| Q2 25 | $333.1M | $-261.4M | ||
| Q1 25 | $197.1M | $-281.5M | ||
| Q4 24 | $192.7M | — | ||
| Q3 24 | $187.0M | $-192.0M | ||
| Q2 24 | $143.3M | $-149.7M | ||
| Q1 24 | $144.6M | $-149.5M |
| Q4 25 | $719.5M | — | ||
| Q3 25 | $445.6M | $448.1M | ||
| Q2 25 | $452.8M | $443.4M | ||
| Q1 25 | $310.5M | $466.8M | ||
| Q4 24 | $310.3M | — | ||
| Q3 24 | $298.4M | $487.1M | ||
| Q2 24 | $240.1M | $494.7M | ||
| Q1 24 | $232.8M | $524.1M |
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 | $-209.0K |
| Free Cash FlowOCF − Capex | $2.4M | $-11.0M |
| FCF MarginFCF / Revenue | 3.2% | -12.0% |
| Capex IntensityCapex / Revenue | 1.2% | 11.7% |
| Cash ConversionOCF / Net Profit | 0.03× | — |
| TTM Free Cash FlowTrailing 4 quarters | $16.0M | $-51.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.2M | — | ||
| Q3 25 | $6.5M | $-209.0K | ||
| Q2 25 | $4.1M | $363.0K | ||
| Q1 25 | $6.3M | $-10.5M | ||
| Q4 24 | $5.9M | — | ||
| Q3 24 | $12.7M | $-12.3M | ||
| Q2 24 | $3.4M | $-16.2M | ||
| Q1 24 | $2.2M | $-26.0M |
| Q4 25 | $2.4M | — | ||
| Q3 25 | $5.1M | $-11.0M | ||
| Q2 25 | $3.3M | $353.0K | ||
| Q1 25 | $5.3M | $-14.6M | ||
| Q4 24 | $5.3M | — | ||
| Q3 24 | $12.1M | $-25.7M | ||
| Q2 24 | $3.1M | $-26.6M | ||
| Q1 24 | $1.9M | $-64.5M |
| Q4 25 | 3.2% | — | ||
| Q3 25 | 7.7% | -12.0% | ||
| Q2 25 | 4.6% | 0.4% | ||
| Q1 25 | 7.9% | -16.5% | ||
| Q4 24 | 8.7% | — | ||
| Q3 24 | 22.3% | -33.5% | ||
| Q2 24 | 7.8% | -33.7% | ||
| Q1 24 | 4.6% | -80.6% |
| Q4 25 | 1.2% | — | ||
| Q3 25 | 2.1% | 11.7% | ||
| Q2 25 | 1.1% | 0.0% | ||
| Q1 25 | 1.6% | 4.7% | ||
| Q4 24 | 0.9% | — | ||
| Q3 24 | 1.1% | 17.5% | ||
| Q2 24 | 0.7% | 13.2% | ||
| Q1 24 | 0.7% | 48.2% |
| 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% |
FLYX
Segment breakdown not available.
