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

AMERICAN SUPERCONDUCTOR CORP is the larger business by last-quarter revenue ($74.5M vs $56.7M, roughly 1.3× GRAHAM CORP). AMERICAN SUPERCONDUCTOR CORP runs the higher net margin — 158.1% vs 5.0%, a 153.0% gap on every dollar of revenue. On growth, AMERICAN SUPERCONDUCTOR CORP posted the faster year-over-year revenue change (21.4% vs 20.5%). GRAHAM CORP produced more free cash flow last quarter ($2.4M vs $2.4M). Over the past eight quarters, AMERICAN SUPERCONDUCTOR CORP's revenue compounded faster (33.2% CAGR vs 7.5%).

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.

Graham Holdings Company is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of The Washington Post newspaper and Newsweek magazine.

AMSC vs GHM — Head-to-Head

Bigger by revenue
AMSC
AMSC
1.3× larger
AMSC
$74.5M
$56.7M
GHM
Growing faster (revenue YoY)
AMSC
AMSC
+0.8% gap
AMSC
21.4%
20.5%
GHM
Higher net margin
AMSC
AMSC
153.0% more per $
AMSC
158.1%
5.0%
GHM
More free cash flow
GHM
GHM
$70.0K more FCF
GHM
$2.4M
$2.4M
AMSC
Faster 2-yr revenue CAGR
AMSC
AMSC
Annualised
AMSC
33.2%
7.5%
GHM

Income Statement — Q3 FY2026 vs Q3 FY2026

Metric
AMSC
AMSC
GHM
GHM
Revenue
$74.5M
$56.7M
Net Profit
$117.8M
$2.8M
Gross Margin
30.7%
23.8%
Operating Margin
4.5%
5.5%
Net Margin
158.1%
5.0%
Revenue YoY
21.4%
20.5%
Net Profit YoY
4679.1%
79.2%
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.

Revenue
AMSC
AMSC
GHM
GHM
Q4 25
$74.5M
$56.7M
Q3 25
$65.9M
$66.0M
Q2 25
$72.4M
$55.5M
Q1 25
$66.7M
$59.3M
Q4 24
$61.4M
$47.0M
Q3 24
$54.5M
$53.6M
Q2 24
$40.3M
$50.0M
Q1 24
$42.0M
$49.1M
Net Profit
AMSC
AMSC
GHM
GHM
Q4 25
$117.8M
$2.8M
Q3 25
$4.8M
$3.1M
Q2 25
$6.7M
$4.6M
Q1 25
$1.2M
$4.4M
Q4 24
$2.5M
$1.6M
Q3 24
$4.9M
$3.3M
Q2 24
$-2.5M
$3.0M
Q1 24
$-1.6M
$1.3M
Gross Margin
AMSC
AMSC
GHM
GHM
Q4 25
30.7%
23.8%
Q3 25
31.0%
21.7%
Q2 25
33.8%
26.5%
Q1 25
26.5%
27.0%
Q4 24
26.6%
24.8%
Q3 24
28.7%
23.9%
Q2 24
30.3%
24.8%
Q1 24
24.8%
25.9%
Operating Margin
AMSC
AMSC
GHM
GHM
Q4 25
4.5%
5.5%
Q3 25
4.5%
6.5%
Q2 25
7.8%
8.9%
Q1 25
2.5%
9.3%
Q4 24
2.1%
4.7%
Q3 24
-1.4%
7.9%
Q2 24
-8.2%
6.5%
Q1 24
-5.3%
3.1%
Net Margin
AMSC
AMSC
GHM
GHM
Q4 25
158.1%
5.0%
Q3 25
7.2%
4.7%
Q2 25
9.3%
8.3%
Q1 25
1.8%
7.4%
Q4 24
4.0%
3.4%
Q3 24
9.0%
6.1%
Q2 24
-6.3%
5.9%
Q1 24
-3.8%
2.7%
EPS (diluted)
AMSC
AMSC
GHM
GHM
Q4 25
$2.62
$0.25
Q3 25
$0.11
$0.28
Q2 25
$0.17
$0.42
Q1 25
$0.04
$0.40
Q4 24
$0.06
$0.14
Q3 24
$0.13
$0.30
Q2 24
$-0.07
$0.27
Q1 24
$-0.03
$0.11

Balance Sheet & Financial Strength

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

Metric
AMSC
AMSC
GHM
GHM
Cash + ST InvestmentsLiquidity on hand
$141.1M
$22.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$536.8M
$131.3M
Total Assets
$719.5M
$292.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMSC
AMSC
GHM
GHM
Q4 25
$141.1M
$22.3M
Q3 25
$212.9M
$20.6M
Q2 25
$207.9M
$10.8M
Q1 25
$79.5M
$21.6M
Q4 24
$75.2M
$30.0M
Q3 24
$72.1M
$32.3M
Q2 24
$93.5M
$21.6M
Q1 24
$90.5M
$16.9M
Stockholders' Equity
AMSC
AMSC
GHM
GHM
Q4 25
$536.8M
$131.3M
Q3 25
$342.2M
$127.6M
Q2 25
$333.1M
$123.4M
Q1 25
$197.1M
$119.6M
Q4 24
$192.7M
$114.4M
Q3 24
$187.0M
$112.5M
Q2 24
$143.3M
$108.2M
Q1 24
$144.6M
$105.6M
Total Assets
AMSC
AMSC
GHM
GHM
Q4 25
$719.5M
$292.9M
Q3 25
$445.6M
$287.0M
Q2 25
$452.8M
$252.3M
Q1 25
$310.5M
$264.1M
Q4 24
$310.3M
$264.3M
Q3 24
$298.4M
$249.5M
Q2 24
$240.1M
$244.2M
Q1 24
$232.8M
$233.9M

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
GHM
GHM
Operating Cash FlowLast quarter
$3.2M
$4.8M
Free Cash FlowOCF − Capex
$2.4M
$2.4M
FCF MarginFCF / Revenue
3.2%
4.3%
Capex IntensityCapex / Revenue
1.2%
4.1%
Cash ConversionOCF / Net Profit
0.03×
1.67×
TTM Free Cash FlowTrailing 4 quarters
$16.0M
$-6.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMSC
AMSC
GHM
GHM
Q4 25
$3.2M
$4.8M
Q3 25
$6.5M
$13.6M
Q2 25
$4.1M
$-2.3M
Q1 25
$6.3M
$-3.6M
Q4 24
$5.9M
$5.2M
Q3 24
$12.7M
$13.9M
Q2 24
$3.4M
$8.7M
Q1 24
$2.2M
$8.6M
Free Cash Flow
AMSC
AMSC
GHM
GHM
Q4 25
$2.4M
$2.4M
Q3 25
$5.1M
$9.4M
Q2 25
$3.3M
$-9.3M
Q1 25
$5.3M
$-8.7M
Q4 24
$5.3M
$-2.1M
Q3 24
$12.1M
$10.4M
Q2 24
$3.1M
$5.7M
Q1 24
$1.9M
$4.6M
FCF Margin
AMSC
AMSC
GHM
GHM
Q4 25
3.2%
4.3%
Q3 25
7.7%
14.3%
Q2 25
4.6%
-16.7%
Q1 25
7.9%
-14.7%
Q4 24
8.7%
-4.5%
Q3 24
22.3%
19.5%
Q2 24
7.8%
11.5%
Q1 24
4.6%
9.4%
Capex Intensity
AMSC
AMSC
GHM
GHM
Q4 25
1.2%
4.1%
Q3 25
2.1%
6.3%
Q2 25
1.1%
12.6%
Q1 25
1.6%
8.7%
Q4 24
0.9%
15.6%
Q3 24
1.1%
6.5%
Q2 24
0.7%
6.0%
Q1 24
0.7%
8.2%
Cash Conversion
AMSC
AMSC
GHM
GHM
Q4 25
0.03×
1.67×
Q3 25
1.37×
4.40×
Q2 25
0.61×
-0.49×
Q1 25
5.22×
-0.81×
Q4 24
2.38×
3.29×
Q3 24
2.60×
4.25×
Q2 24
2.94×
Q1 24
6.45×

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%

GHM
GHM

Defense$35.3M62%
Energy And Process$18.3M32%
Space$3.1M6%

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