vs
Side-by-side financial comparison of AMERICAN SUPERCONDUCTOR CORP (AMSC) and FORRESTER RESEARCH, INC. (FORR). Click either name above to swap in a different company.
FORRESTER RESEARCH, INC. is the larger business by last-quarter revenue ($101.1M vs $74.5M, roughly 1.4× AMERICAN SUPERCONDUCTOR CORP). AMERICAN SUPERCONDUCTOR CORP runs the higher net margin — 158.1% vs -33.5%, a 191.6% gap on every dollar of revenue. On growth, AMERICAN SUPERCONDUCTOR CORP posted the faster year-over-year revenue change (21.4% vs -6.5%). AMERICAN SUPERCONDUCTOR CORP produced more free cash flow last quarter ($2.4M vs $-4.3M). Over the past eight quarters, AMERICAN SUPERCONDUCTOR CORP's revenue compounded faster (33.2% CAGR vs 0.5%).
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.
Forrester Research, Inc. is a research and advisory firm working in research, consulting and events. Forrester’s clients include large global business, technology and consumer enterprises. The firm is headquartered in Cambridge, MA.
AMSC vs FORR — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $74.5M | $101.1M |
| Net Profit | $117.8M | $-33.9M |
| Gross Margin | 30.7% | 56.7% |
| Operating Margin | 4.5% | -36.6% |
| Net Margin | 158.1% | -33.5% |
| Revenue YoY | 21.4% | -6.5% |
| Net Profit YoY | 4679.1% | -7941.4% |
| EPS (diluted) | $2.62 | $-1.75 |
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 | $101.1M | ||
| Q3 25 | $65.9M | $94.3M | ||
| Q2 25 | $72.4M | $111.7M | ||
| Q1 25 | $66.7M | $89.9M | ||
| Q4 24 | $61.4M | $108.0M | ||
| Q3 24 | $54.5M | $102.5M | ||
| Q2 24 | $40.3M | $121.8M | ||
| Q1 24 | $42.0M | $100.1M |
| Q4 25 | $117.8M | $-33.9M | ||
| Q3 25 | $4.8M | $-2.1M | ||
| Q2 25 | $6.7M | $3.9M | ||
| Q1 25 | $1.2M | $-87.3M | ||
| Q4 24 | $2.5M | $432.0K | ||
| Q3 24 | $4.9M | $-5.8M | ||
| Q2 24 | $-2.5M | $6.3M | ||
| Q1 24 | $-1.6M | $-6.7M |
| Q4 25 | 30.7% | 56.7% | ||
| Q3 25 | 31.0% | 60.0% | ||
| Q2 25 | 33.8% | 55.5% | ||
| Q1 25 | 26.5% | 55.9% | ||
| Q4 24 | 26.6% | 58.8% | ||
| Q3 24 | 28.7% | 60.5% | ||
| Q2 24 | 30.3% | 57.3% | ||
| Q1 24 | 24.8% | 54.9% |
| Q4 25 | 4.5% | -36.6% | ||
| Q3 25 | 4.5% | 4.7% | ||
| Q2 25 | 7.8% | 6.2% | ||
| Q1 25 | 2.5% | -97.5% | ||
| Q4 24 | 2.1% | -0.5% | ||
| Q3 24 | -1.4% | -0.7% | ||
| Q2 24 | -8.2% | 9.3% | ||
| Q1 24 | -5.3% | -9.3% |
| Q4 25 | 158.1% | -33.5% | ||
| Q3 25 | 7.2% | -2.3% | ||
| Q2 25 | 9.3% | 3.5% | ||
| Q1 25 | 1.8% | -97.1% | ||
| Q4 24 | 4.0% | 0.4% | ||
| Q3 24 | 9.0% | -5.7% | ||
| Q2 24 | -6.3% | 5.2% | ||
| Q1 24 | -3.8% | -6.7% |
| Q4 25 | $2.62 | $-1.75 | ||
| Q3 25 | $0.11 | $-0.11 | ||
| Q2 25 | $0.17 | $0.20 | ||
| Q1 25 | $0.04 | $-4.62 | ||
| Q4 24 | $0.06 | $0.02 | ||
| Q3 24 | $0.13 | $-0.30 | ||
| Q2 24 | $-0.07 | $0.33 | ||
| 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 | $63.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $536.8M | $126.5M |
| Total Assets | $719.5M | $404.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $141.1M | $63.3M | ||
| Q3 25 | $212.9M | $65.1M | ||
| Q2 25 | $207.9M | $67.8M | ||
| Q1 25 | $79.5M | $75.6M | ||
| Q4 24 | $75.2M | $56.1M | ||
| Q3 24 | $72.1M | $62.8M | ||
| Q2 24 | $93.5M | $58.9M | ||
| Q1 24 | $90.5M | $61.4M |
| Q4 25 | $536.8M | $126.5M | ||
| Q3 25 | $342.2M | $157.7M | ||
| Q2 25 | $333.1M | $159.5M | ||
| Q1 25 | $197.1M | $147.4M | ||
| Q4 24 | $192.7M | $229.5M | ||
| Q3 24 | $187.0M | $234.3M | ||
| Q2 24 | $143.3M | $237.1M | ||
| Q1 24 | $144.6M | $230.9M |
| Q4 25 | $719.5M | $404.0M | ||
| Q3 25 | $445.6M | $414.2M | ||
| Q2 25 | $452.8M | $436.0M | ||
| Q1 25 | $310.5M | $439.8M | ||
| Q4 24 | $310.3M | $503.9M | ||
| Q3 24 | $298.4M | $505.3M | ||
| Q2 24 | $240.1M | $524.2M | ||
| Q1 24 | $232.8M | $555.7M |
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 | $-3.2M |
| Free Cash FlowOCF − Capex | $2.4M | $-4.3M |
| FCF MarginFCF / Revenue | 3.2% | -4.2% |
| Capex IntensityCapex / Revenue | 1.2% | 1.1% |
| Cash ConversionOCF / Net Profit | 0.03× | — |
| TTM Free Cash FlowTrailing 4 quarters | $16.0M | $18.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.2M | $-3.2M | ||
| Q3 25 | $6.5M | $1.2M | ||
| Q2 25 | $4.1M | $-3.6M | ||
| Q1 25 | $6.3M | $26.7M | ||
| Q4 24 | $5.9M | $-1.8M | ||
| Q3 24 | $12.7M | $264.0K | ||
| Q2 24 | $3.4M | $-2.9M | ||
| Q1 24 | $2.2M | $611.0K |
| Q4 25 | $2.4M | $-4.3M | ||
| Q3 25 | $5.1M | $524.0K | ||
| Q2 25 | $3.3M | $-4.2M | ||
| Q1 25 | $5.3M | $26.1M | ||
| Q4 24 | $5.3M | $-2.5M | ||
| Q3 24 | $12.1M | $-223.0K | ||
| Q2 24 | $3.1M | $-3.7M | ||
| Q1 24 | $1.9M | $-815.0K |
| Q4 25 | 3.2% | -4.2% | ||
| Q3 25 | 7.7% | 0.6% | ||
| Q2 25 | 4.6% | -3.8% | ||
| Q1 25 | 7.9% | 29.0% | ||
| Q4 24 | 8.7% | -2.3% | ||
| Q3 24 | 22.3% | -0.2% | ||
| Q2 24 | 7.8% | -3.1% | ||
| Q1 24 | 4.6% | -0.8% |
| Q4 25 | 1.2% | 1.1% | ||
| Q3 25 | 2.1% | 0.7% | ||
| Q2 25 | 1.1% | 0.5% | ||
| Q1 25 | 1.6% | 0.7% | ||
| Q4 24 | 0.9% | 0.6% | ||
| Q3 24 | 1.1% | 0.5% | ||
| Q2 24 | 0.7% | 0.7% | ||
| Q1 24 | 0.7% | 1.4% |
| Q4 25 | 0.03× | — | ||
| Q3 25 | 1.37× | — | ||
| Q2 25 | 0.61× | -0.93× | ||
| Q1 25 | 5.22× | — | ||
| Q4 24 | 2.38× | -4.24× | ||
| Q3 24 | 2.60× | — | ||
| Q2 24 | — | -0.46× | ||
| 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% |
FORR
| Research Segment | $82.2M | 81% |
| Consulting Segment | $16.2M | 16% |
| Billable Expenses | $1.5M | 2% |
| Professional Services | $1.4M | 1% |
