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

iQSTEL Inc is the larger business by last-quarter revenue ($84.2M vs $74.5M, roughly 1.1× AMERICAN SUPERCONDUCTOR CORP). AMERICAN SUPERCONDUCTOR CORP runs the higher net margin — 158.1% vs -3.2%, a 161.3% gap on every dollar of revenue. On growth, AMERICAN SUPERCONDUCTOR CORP posted the faster year-over-year revenue change (21.4% vs -14.9%). AMERICAN SUPERCONDUCTOR CORP produced more free cash flow last quarter ($2.4M vs $-1.2M). Over the past eight quarters, AMERICAN SUPERCONDUCTOR CORP's revenue compounded faster (33.2% CAGR vs 28.0%).

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.

iQSTEL Inc is a technology holding company operating three core segments: telecommunications, Internet of Things (IoT), and fintech. It offers connectivity services, smart IoT monitoring solutions, and digital financial tools, mainly serving small and medium-sized enterprises and retail customers in North and South American markets.

AMSC vs IQST — Head-to-Head

Bigger by revenue
IQST
IQST
1.1× larger
IQST
$84.2M
$74.5M
AMSC
Growing faster (revenue YoY)
AMSC
AMSC
+36.2% gap
AMSC
21.4%
-14.9%
IQST
Higher net margin
AMSC
AMSC
161.3% more per $
AMSC
158.1%
-3.2%
IQST
More free cash flow
AMSC
AMSC
$3.6M more FCF
AMSC
$2.4M
$-1.2M
IQST
Faster 2-yr revenue CAGR
AMSC
AMSC
Annualised
AMSC
33.2%
28.0%
IQST

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
AMSC
AMSC
IQST
IQST
Revenue
$74.5M
$84.2M
Net Profit
$117.8M
$-2.7M
Gross Margin
30.7%
3.5%
Operating Margin
4.5%
-2.9%
Net Margin
158.1%
-3.2%
Revenue YoY
21.4%
-14.9%
Net Profit YoY
4679.1%
-44.5%
EPS (diluted)
$2.62
$-0.92

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
IQST
IQST
Q4 25
$74.5M
$84.2M
Q3 25
$65.9M
$102.9M
Q2 25
$72.4M
$72.2M
Q1 25
$66.7M
$57.6M
Q4 24
$61.4M
$98.9M
Q3 24
$54.5M
$54.2M
Q2 24
$40.3M
$78.6M
Q1 24
$42.0M
$51.4M
Net Profit
AMSC
AMSC
IQST
IQST
Q4 25
$117.8M
$-2.7M
Q3 25
$4.8M
$-2.3M
Q2 25
$6.7M
$-2.3M
Q1 25
$1.2M
$-1.1M
Q4 24
$2.5M
$-1.9M
Q3 24
$4.9M
$-773.0K
Q2 24
$-2.5M
$-2.0M
Q1 24
$-1.6M
$-580.2K
Gross Margin
AMSC
AMSC
IQST
IQST
Q4 25
30.7%
3.5%
Q3 25
31.0%
2.7%
Q2 25
33.8%
2.6%
Q1 25
26.5%
3.4%
Q4 24
26.6%
2.7%
Q3 24
28.7%
3.7%
Q2 24
30.3%
2.8%
Q1 24
24.8%
2.7%
Operating Margin
AMSC
AMSC
IQST
IQST
Q4 25
4.5%
-2.9%
Q3 25
4.5%
-0.5%
Q2 25
7.8%
-0.9%
Q1 25
2.5%
-1.0%
Q4 24
2.1%
-0.3%
Q3 24
-1.4%
-0.1%
Q2 24
-8.2%
-0.4%
Q1 24
-5.3%
-0.4%
Net Margin
AMSC
AMSC
IQST
IQST
Q4 25
158.1%
-3.2%
Q3 25
7.2%
-2.3%
Q2 25
9.3%
-3.3%
Q1 25
1.8%
-2.0%
Q4 24
4.0%
-1.9%
Q3 24
9.0%
-1.4%
Q2 24
-6.3%
-2.5%
Q1 24
-3.8%
-1.1%
EPS (diluted)
AMSC
AMSC
IQST
IQST
Q4 25
$2.62
$-0.92
Q3 25
$0.11
$-0.68
Q2 25
$0.17
$-0.82
Q1 25
$0.04
$-0.44
Q4 24
$0.06
$-1.19
Q3 24
$0.13
$-0.40
Q2 24
$-0.07
$-0.90
Q1 24
$-0.03
$-0.37

Balance Sheet & Financial Strength

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

Metric
AMSC
AMSC
IQST
IQST
Cash + ST InvestmentsLiquidity on hand
$141.1M
$2.2M
Total DebtLower is stronger
$4.1M
Stockholders' EquityBook value
$536.8M
$16.3M
Total Assets
$719.5M
$51.1M
Debt / EquityLower = less leverage
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMSC
AMSC
IQST
IQST
Q4 25
$141.1M
$2.2M
Q3 25
$212.9M
$2.3M
Q2 25
$207.9M
$2.0M
Q1 25
$79.5M
$1.1M
Q4 24
$75.2M
$2.5M
Q3 24
$72.1M
$2.1M
Q2 24
$93.5M
$797.2K
Q1 24
$90.5M
$2.7M
Total Debt
AMSC
AMSC
IQST
IQST
Q4 25
$4.1M
Q3 25
$2.7M
Q2 25
$4.5M
Q1 25
$3.5M
Q4 24
$2.5M
Q3 24
$3.2M
Q2 24
$2.5M
Q1 24
$194.0K
Stockholders' Equity
AMSC
AMSC
IQST
IQST
Q4 25
$536.8M
$16.3M
Q3 25
$342.2M
$17.9M
Q2 25
$333.1M
$14.3M
Q1 25
$197.1M
$11.6M
Q4 24
$192.7M
$11.9M
Q3 24
$187.0M
$8.1M
Q2 24
$143.3M
$7.6M
Q1 24
$144.6M
$8.4M
Total Assets
AMSC
AMSC
IQST
IQST
Q4 25
$719.5M
$51.1M
Q3 25
$445.6M
$46.9M
Q2 25
$452.8M
$51.4M
Q1 25
$310.5M
$42.0M
Q4 24
$310.3M
$79.0M
Q3 24
$298.4M
$32.4M
Q2 24
$240.1M
$30.0M
Q1 24
$232.8M
$22.1M
Debt / Equity
AMSC
AMSC
IQST
IQST
Q4 25
0.25×
Q3 25
0.15×
Q2 25
0.31×
Q1 25
0.31×
Q4 24
0.21×
Q3 24
0.40×
Q2 24
0.34×
Q1 24
0.02×

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
IQST
IQST
Operating Cash FlowLast quarter
$3.2M
$-1.2M
Free Cash FlowOCF − Capex
$2.4M
$-1.2M
FCF MarginFCF / Revenue
3.2%
-1.5%
Capex IntensityCapex / Revenue
1.2%
0.0%
Cash ConversionOCF / Net Profit
0.03×
TTM Free Cash FlowTrailing 4 quarters
$16.0M
$-4.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMSC
AMSC
IQST
IQST
Q4 25
$3.2M
$-1.2M
Q3 25
$6.5M
$-953.0K
Q2 25
$4.1M
$257.7K
Q1 25
$6.3M
$-1.9M
Q4 24
$5.9M
$-403.7K
Q3 24
$12.7M
$625.0K
Q2 24
$3.4M
$-2.6M
Q1 24
$2.2M
$-536.9K
Free Cash Flow
AMSC
AMSC
IQST
IQST
Q4 25
$2.4M
$-1.2M
Q3 25
$5.1M
$-969.2K
Q2 25
$3.3M
$211.7K
Q1 25
$5.3M
$-2.0M
Q4 24
$5.3M
$-421.3K
Q3 24
$12.1M
$594.5K
Q2 24
$3.1M
$-2.6M
Q1 24
$1.9M
$-608.5K
FCF Margin
AMSC
AMSC
IQST
IQST
Q4 25
3.2%
-1.5%
Q3 25
7.7%
-0.9%
Q2 25
4.6%
0.3%
Q1 25
7.9%
-3.4%
Q4 24
8.7%
-0.4%
Q3 24
22.3%
1.1%
Q2 24
7.8%
-3.4%
Q1 24
4.6%
-1.2%
Capex Intensity
AMSC
AMSC
IQST
IQST
Q4 25
1.2%
0.0%
Q3 25
2.1%
0.0%
Q2 25
1.1%
0.1%
Q1 25
1.6%
0.1%
Q4 24
0.9%
0.0%
Q3 24
1.1%
0.1%
Q2 24
0.7%
0.0%
Q1 24
0.7%
0.1%
Cash Conversion
AMSC
AMSC
IQST
IQST
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
AMSC

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

IQST
IQST

USA$53.2M63%
Other$29.9M35%
Switzerland$1.1M1%

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