vs

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

AMERICAN SUPERCONDUCTOR CORP is the larger business by last-quarter revenue ($74.5M vs $55.5M, roughly 1.3× MFA FINANCIAL, INC.). On growth, AMERICAN SUPERCONDUCTOR CORP posted the faster year-over-year revenue change (21.4% vs 9.2%). Over the past eight quarters, AMERICAN SUPERCONDUCTOR CORP's revenue compounded faster (33.2% CAGR vs 7.7%).

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.

MFA Financial, Inc. is a U.S.-headquartered real estate investment trust (REIT) specializing in investing in and managing residential and commercial mortgage-backed securities, mortgage loans, and other real estate-related financial assets. It caters primarily to institutional and individual investors across the U.S., focusing on delivering stable risk-adjusted returns via rigorous asset screening and risk management frameworks.

AMSC vs MFA — Head-to-Head

Bigger by revenue
AMSC
AMSC
1.3× larger
AMSC
$74.5M
$55.5M
MFA
Growing faster (revenue YoY)
AMSC
AMSC
+12.2% gap
AMSC
21.4%
9.2%
MFA
Faster 2-yr revenue CAGR
AMSC
AMSC
Annualised
AMSC
33.2%
7.7%
MFA

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
AMSC
AMSC
MFA
MFA
Revenue
$74.5M
$55.5M
Net Profit
$117.8M
Gross Margin
30.7%
Operating Margin
4.5%
97.9%
Net Margin
158.1%
Revenue YoY
21.4%
9.2%
Net Profit YoY
4679.1%
EPS (diluted)
$2.62
$0.43

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
MFA
MFA
Q4 25
$74.5M
$55.5M
Q3 25
$65.9M
$56.8M
Q2 25
$72.4M
$61.3M
Q1 25
$66.7M
$57.5M
Q4 24
$61.4M
$50.8M
Q3 24
$54.5M
$50.6M
Q2 24
$40.3M
$53.5M
Q1 24
$42.0M
$47.8M
Net Profit
AMSC
AMSC
MFA
MFA
Q4 25
$117.8M
Q3 25
$4.8M
$48.1M
Q2 25
$6.7M
$33.2M
Q1 25
$1.2M
$41.2M
Q4 24
$2.5M
Q3 24
$4.9M
$48.2M
Q2 24
$-2.5M
$41.9M
Q1 24
$-1.6M
$23.2M
Gross Margin
AMSC
AMSC
MFA
MFA
Q4 25
30.7%
Q3 25
31.0%
Q2 25
33.8%
Q1 25
26.5%
Q4 24
26.6%
Q3 24
28.7%
Q2 24
30.3%
Q1 24
24.8%
Operating Margin
AMSC
AMSC
MFA
MFA
Q4 25
4.5%
97.9%
Q3 25
4.5%
84.5%
Q2 25
7.8%
54.5%
Q1 25
2.5%
70.0%
Q4 24
2.1%
6.8%
Q3 24
-1.4%
98.2%
Q2 24
-8.2%
79.1%
Q1 24
-5.3%
50.7%
Net Margin
AMSC
AMSC
MFA
MFA
Q4 25
158.1%
Q3 25
7.2%
84.7%
Q2 25
9.3%
54.2%
Q1 25
1.8%
71.6%
Q4 24
4.0%
Q3 24
9.0%
95.2%
Q2 24
-6.3%
78.4%
Q1 24
-3.8%
48.5%
EPS (diluted)
AMSC
AMSC
MFA
MFA
Q4 25
$2.62
$0.43
Q3 25
$0.11
$0.35
Q2 25
$0.17
$0.21
Q1 25
$0.04
$0.31
Q4 24
$0.06
$-0.01
Q3 24
$0.13
$0.37
Q2 24
$-0.07
$0.32
Q1 24
$-0.03
$0.14

Balance Sheet & Financial Strength

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

Metric
AMSC
AMSC
MFA
MFA
Cash + ST InvestmentsLiquidity on hand
$141.1M
$213.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$536.8M
$1.8B
Total Assets
$719.5M
$13.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMSC
AMSC
MFA
MFA
Q4 25
$141.1M
$213.2M
Q3 25
$212.9M
$305.2M
Q2 25
$207.9M
$275.7M
Q1 25
$79.5M
$253.7M
Q4 24
$75.2M
$338.9M
Q3 24
$72.1M
$305.6M
Q2 24
$93.5M
$289.4M
Q1 24
$90.5M
$306.3M
Stockholders' Equity
AMSC
AMSC
MFA
MFA
Q4 25
$536.8M
$1.8B
Q3 25
$342.2M
$1.8B
Q2 25
$333.1M
$1.8B
Q1 25
$197.1M
$1.8B
Q4 24
$192.7M
$1.8B
Q3 24
$187.0M
$1.9B
Q2 24
$143.3M
$1.9B
Q1 24
$144.6M
$1.9B
Total Assets
AMSC
AMSC
MFA
MFA
Q4 25
$719.5M
$13.0B
Q3 25
$445.6M
$12.1B
Q2 25
$452.8M
$11.7B
Q1 25
$310.5M
$11.5B
Q4 24
$310.3M
$11.4B
Q3 24
$298.4M
$11.2B
Q2 24
$240.1M
$11.1B
Q1 24
$232.8M
$10.9B

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
MFA
MFA
Operating Cash FlowLast quarter
$3.2M
$76.2M
Free Cash FlowOCF − Capex
$2.4M
FCF MarginFCF / Revenue
3.2%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
0.03×
TTM Free Cash FlowTrailing 4 quarters
$16.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMSC
AMSC
MFA
MFA
Q4 25
$3.2M
$76.2M
Q3 25
$6.5M
$14.7M
Q2 25
$4.1M
$38.5M
Q1 25
$6.3M
$-14.6M
Q4 24
$5.9M
$200.1M
Q3 24
$12.7M
$-11.3M
Q2 24
$3.4M
$46.5M
Q1 24
$2.2M
$53.5M
Free Cash Flow
AMSC
AMSC
MFA
MFA
Q4 25
$2.4M
Q3 25
$5.1M
Q2 25
$3.3M
Q1 25
$5.3M
Q4 24
$5.3M
Q3 24
$12.1M
Q2 24
$3.1M
Q1 24
$1.9M
FCF Margin
AMSC
AMSC
MFA
MFA
Q4 25
3.2%
Q3 25
7.7%
Q2 25
4.6%
Q1 25
7.9%
Q4 24
8.7%
Q3 24
22.3%
Q2 24
7.8%
Q1 24
4.6%
Capex Intensity
AMSC
AMSC
MFA
MFA
Q4 25
1.2%
Q3 25
2.1%
Q2 25
1.1%
Q1 25
1.6%
Q4 24
0.9%
Q3 24
1.1%
Q2 24
0.7%
Q1 24
0.7%
Cash Conversion
AMSC
AMSC
MFA
MFA
Q4 25
0.03×
Q3 25
1.37×
0.31×
Q2 25
0.61×
1.16×
Q1 25
5.22×
-0.35×
Q4 24
2.38×
Q3 24
2.60×
-0.23×
Q2 24
1.11×
Q1 24
2.30×

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%

MFA
MFA

Segment breakdown not available.

Related Comparisons