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Side-by-side financial comparison of AMERICAN SUPERCONDUCTOR CORP (AMSC) and MARAVAI LIFESCIENCES HOLDINGS, INC. (MRVI). Click either name above to swap in a different company.
AMERICAN SUPERCONDUCTOR CORP is the larger business by last-quarter revenue ($74.5M vs $49.9M, roughly 1.5× MARAVAI LIFESCIENCES HOLDINGS, INC.). AMERICAN SUPERCONDUCTOR CORP runs the higher net margin — 158.1% vs -71.6%, a 229.6% gap on every dollar of revenue. On growth, AMERICAN SUPERCONDUCTOR CORP posted the faster year-over-year revenue change (21.4% vs -11.8%). AMERICAN SUPERCONDUCTOR CORP produced more free cash flow last quarter ($2.4M vs $-24.9M). Over the past eight quarters, AMERICAN SUPERCONDUCTOR CORP's revenue compounded faster (33.2% CAGR vs -11.9%).
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.
Maravai LifeSciences Holdings is a global life sciences firm developing critical reagents, diagnostic products, and tech solutions to support biopharma research, drug development, clinical diagnostics, and cell/gene therapy manufacturing. It serves biotech, pharma, research bodies and labs worldwide across three core segments.
AMSC vs MRVI — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $74.5M | $49.9M |
| Net Profit | $117.8M | $-35.7M |
| Gross Margin | 30.7% | 25.8% |
| Operating Margin | 4.5% | -117.9% |
| Net Margin | 158.1% | -71.6% |
| Revenue YoY | 21.4% | -11.8% |
| Net Profit YoY | 4679.1% | -37.7% |
| EPS (diluted) | $2.62 | $-0.24 |
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 | $49.9M | ||
| Q3 25 | $65.9M | $41.6M | ||
| Q2 25 | $72.4M | $47.4M | ||
| Q1 25 | $66.7M | $46.9M | ||
| Q4 24 | $61.4M | $56.6M | ||
| Q3 24 | $54.5M | $69.0M | ||
| Q2 24 | $40.3M | $69.4M | ||
| Q1 24 | $42.0M | $64.2M |
| Q4 25 | $117.8M | $-35.7M | ||
| Q3 25 | $4.8M | $-25.6M | ||
| Q2 25 | $6.7M | $-39.6M | ||
| Q1 25 | $1.2M | $-29.9M | ||
| Q4 24 | $2.5M | $-25.9M | ||
| Q3 24 | $4.9M | $-97.1M | ||
| Q2 24 | $-2.5M | $-9.8M | ||
| Q1 24 | $-1.6M | $-12.1M |
| Q4 25 | 30.7% | 25.8% | ||
| Q3 25 | 31.0% | 13.6% | ||
| Q2 25 | 33.8% | 16.4% | ||
| Q1 25 | 26.5% | 16.5% | ||
| Q4 24 | 26.6% | 34.3% | ||
| Q3 24 | 28.7% | 46.7% | ||
| Q2 24 | 30.3% | 44.4% | ||
| Q1 24 | 24.8% | 40.3% |
| Q4 25 | 4.5% | -117.9% | ||
| Q3 25 | 4.5% | -98.6% | ||
| Q2 25 | 7.8% | -139.8% | ||
| Q1 25 | 2.5% | -104.9% | ||
| Q4 24 | 2.1% | -66.7% | ||
| Q3 24 | -1.4% | -239.9% | ||
| Q2 24 | -8.2% | -19.4% | ||
| Q1 24 | -5.3% | -29.4% |
| Q4 25 | 158.1% | -71.6% | ||
| Q3 25 | 7.2% | -61.4% | ||
| Q2 25 | 9.3% | -83.5% | ||
| Q1 25 | 1.8% | -63.9% | ||
| Q4 24 | 4.0% | -45.8% | ||
| Q3 24 | 9.0% | -140.6% | ||
| Q2 24 | -6.3% | -14.1% | ||
| Q1 24 | -3.8% | -18.8% |
| Q4 25 | $2.62 | $-0.24 | ||
| Q3 25 | $0.11 | $-0.18 | ||
| Q2 25 | $0.17 | $-0.27 | ||
| Q1 25 | $0.04 | $-0.21 | ||
| Q4 24 | $0.06 | $-0.21 | ||
| Q3 24 | $0.13 | $-0.68 | ||
| Q2 24 | $-0.07 | $-0.07 | ||
| Q1 24 | $-0.03 | $-0.09 |
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 | $216.9M |
| Total DebtLower is stronger | — | $291.8M |
| Stockholders' EquityBook value | $536.8M | $212.4M |
| Total Assets | $719.5M | $770.6M |
| Debt / EquityLower = less leverage | — | 1.37× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $141.1M | $216.9M | ||
| Q3 25 | $212.9M | $243.6M | ||
| Q2 25 | $207.9M | $269.9M | ||
| Q1 25 | $79.5M | $285.1M | ||
| Q4 24 | $75.2M | $322.4M | ||
| Q3 24 | $72.1M | $578.2M | ||
| Q2 24 | $93.5M | $573.2M | ||
| Q1 24 | $90.5M | $561.7M |
| Q4 25 | — | $291.8M | ||
| Q3 25 | — | $292.8M | ||
| Q2 25 | — | $293.9M | ||
| Q1 25 | — | $294.9M | ||
| Q4 24 | — | $295.9M | ||
| Q3 24 | — | $521.7M | ||
| Q2 24 | — | $522.5M | ||
| Q1 24 | — | $523.3M |
| Q4 25 | $536.8M | $212.4M | ||
| Q3 25 | $342.2M | $245.4M | ||
| Q2 25 | $333.1M | $265.9M | ||
| Q1 25 | $197.1M | $300.6M | ||
| Q4 24 | $192.7M | $325.3M | ||
| Q3 24 | $187.0M | $344.9M | ||
| Q2 24 | $143.3M | $434.7M | ||
| Q1 24 | $144.6M | $410.7M |
| Q4 25 | $719.5M | $770.6M | ||
| Q3 25 | $445.6M | $849.2M | ||
| Q2 25 | $452.8M | $897.0M | ||
| Q1 25 | $310.5M | $959.8M | ||
| Q4 24 | $310.3M | $1.0B | ||
| Q3 24 | $298.4M | $1.3B | ||
| Q2 24 | $240.1M | $1.4B | ||
| Q1 24 | $232.8M | $1.4B |
| Q4 25 | — | 1.37× | ||
| Q3 25 | — | 1.19× | ||
| Q2 25 | — | 1.11× | ||
| Q1 25 | — | 0.98× | ||
| Q4 24 | — | 0.91× | ||
| Q3 24 | — | 1.51× | ||
| Q2 24 | — | 1.20× | ||
| Q1 24 | — | 1.27× |
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 | $-22.8M |
| Free Cash FlowOCF − Capex | $2.4M | $-24.9M |
| FCF MarginFCF / Revenue | 3.2% | -49.9% |
| Capex IntensityCapex / Revenue | 1.2% | 4.2% |
| Cash ConversionOCF / Net Profit | 0.03× | — |
| TTM Free Cash FlowTrailing 4 quarters | $16.0M | $-70.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.2M | $-22.8M | ||
| Q3 25 | $6.5M | $-15.2M | ||
| Q2 25 | $4.1M | $-10.3M | ||
| Q1 25 | $6.3M | $-9.4M | ||
| Q4 24 | $5.9M | $-14.6M | ||
| Q3 24 | $12.7M | $13.1M | ||
| Q2 24 | $3.4M | $17.4M | ||
| Q1 24 | $2.2M | $-8.5M |
| Q4 25 | $2.4M | $-24.9M | ||
| Q3 25 | $5.1M | $-18.1M | ||
| Q2 25 | $3.3M | $-13.1M | ||
| Q1 25 | $5.3M | $-14.6M | ||
| Q4 24 | $5.3M | $-20.5M | ||
| Q3 24 | $12.1M | $4.5M | ||
| Q2 24 | $3.1M | $7.9M | ||
| Q1 24 | $1.9M | $-14.1M |
| Q4 25 | 3.2% | -49.9% | ||
| Q3 25 | 7.7% | -43.4% | ||
| Q2 25 | 4.6% | -27.7% | ||
| Q1 25 | 7.9% | -31.2% | ||
| Q4 24 | 8.7% | -36.2% | ||
| Q3 24 | 22.3% | 6.6% | ||
| Q2 24 | 7.8% | 11.4% | ||
| Q1 24 | 4.6% | -22.0% |
| Q4 25 | 1.2% | 4.2% | ||
| Q3 25 | 2.1% | 7.0% | ||
| Q2 25 | 1.1% | 6.1% | ||
| Q1 25 | 1.6% | 11.2% | ||
| Q4 24 | 0.9% | 10.3% | ||
| Q3 24 | 1.1% | 12.4% | ||
| Q2 24 | 0.7% | 13.8% | ||
| Q1 24 | 0.7% | 8.8% |
| 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% |
MRVI
| Cygnus Segment | $27.2M | 54% |
| Other | $18.4M | 37% |
| Shipping And Handling | $4.3M | 9% |
