vs
Side-by-side financial comparison of AMERICAN SUPERCONDUCTOR CORP (AMSC) and NICOLET BANKSHARES INC (NIC). Click either name above to swap in a different company.
NICOLET BANKSHARES INC is the larger business by last-quarter revenue ($104.0M vs $74.5M, roughly 1.4× AMERICAN SUPERCONDUCTOR CORP). AMERICAN SUPERCONDUCTOR CORP runs the higher net margin — 158.1% vs 38.8%, a 119.3% gap on every dollar of revenue. On growth, AMERICAN SUPERCONDUCTOR CORP posted the faster year-over-year revenue change (21.4% vs 12.5%). NICOLET BANKSHARES INC produced more free cash flow last quarter ($149.4M vs $2.4M). Over the past eight quarters, AMERICAN SUPERCONDUCTOR CORP's revenue compounded faster (33.2% CAGR vs 12.5%).
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.
Nicolet Bankshares, Inc. is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the second largest Wisconsin-based bank.
AMSC vs NIC — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $74.5M | $104.0M |
| Net Profit | $117.8M | $40.3M |
| Gross Margin | 30.7% | — |
| Operating Margin | 4.5% | 48.3% |
| Net Margin | 158.1% | 38.8% |
| Revenue YoY | 21.4% | 12.5% |
| Net Profit YoY | 4679.1% | 16.9% |
| EPS (diluted) | $2.62 | $2.63 |
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 | $104.0M | ||
| Q3 25 | $65.9M | $102.9M | ||
| Q2 25 | $72.4M | $95.7M | ||
| Q1 25 | $66.7M | $89.4M | ||
| Q4 24 | $61.4M | $92.4M | ||
| Q3 24 | $54.5M | $90.7M | ||
| Q2 24 | $40.3M | $85.0M | ||
| Q1 24 | $42.0M | $82.2M |
| Q4 25 | $117.8M | $40.3M | ||
| Q3 25 | $4.8M | $41.7M | ||
| Q2 25 | $6.7M | $36.0M | ||
| Q1 25 | $1.2M | $32.6M | ||
| Q4 24 | $2.5M | $34.5M | ||
| Q3 24 | $4.9M | $32.5M | ||
| Q2 24 | $-2.5M | $29.3M | ||
| Q1 24 | $-1.6M | $27.8M |
| 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% | — |
| Q4 25 | 4.5% | 48.3% | ||
| Q3 25 | 4.5% | 50.4% | ||
| Q2 25 | 7.8% | 46.8% | ||
| Q1 25 | 2.5% | 44.9% | ||
| Q4 24 | 2.1% | 46.8% | ||
| Q3 24 | -1.4% | 45.0% | ||
| Q2 24 | -8.2% | 43.3% | ||
| Q1 24 | -5.3% | 41.8% |
| Q4 25 | 158.1% | 38.8% | ||
| Q3 25 | 7.2% | 40.6% | ||
| Q2 25 | 9.3% | 37.6% | ||
| Q1 25 | 1.8% | 36.4% | ||
| Q4 24 | 4.0% | 37.3% | ||
| Q3 24 | 9.0% | 35.8% | ||
| Q2 24 | -6.3% | 34.5% | ||
| Q1 24 | -3.8% | 33.8% |
| Q4 25 | $2.62 | $2.63 | ||
| Q3 25 | $0.11 | $2.73 | ||
| Q2 25 | $0.17 | $2.34 | ||
| Q1 25 | $0.04 | $2.08 | ||
| Q4 24 | $0.06 | $2.21 | ||
| Q3 24 | $0.13 | $2.10 | ||
| Q2 24 | $-0.07 | $1.92 | ||
| Q1 24 | $-0.03 | $1.82 |
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 | — |
| Total DebtLower is stronger | — | $134.9M |
| Stockholders' EquityBook value | $536.8M | $1.3B |
| Total Assets | $719.5M | $9.2B |
| Debt / EquityLower = less leverage | — | 0.11× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $141.1M | — | ||
| Q3 25 | $212.9M | — | ||
| Q2 25 | $207.9M | — | ||
| Q1 25 | $79.5M | — | ||
| Q4 24 | $75.2M | — | ||
| Q3 24 | $72.1M | — | ||
| Q2 24 | $93.5M | — | ||
| Q1 24 | $90.5M | — |
| Q4 25 | — | $134.9M | ||
| Q3 25 | — | $134.6M | ||
| Q2 25 | — | $134.3M | ||
| Q1 25 | — | $156.6M | ||
| Q4 24 | — | $161.4M | ||
| Q3 24 | — | $161.2M | ||
| Q2 24 | — | $162.4M | ||
| Q1 24 | — | $162.3M |
| Q4 25 | $536.8M | $1.3B | ||
| Q3 25 | $342.2M | $1.2B | ||
| Q2 25 | $333.1M | $1.2B | ||
| Q1 25 | $197.1M | $1.2B | ||
| Q4 24 | $192.7M | $1.2B | ||
| Q3 24 | $187.0M | $1.1B | ||
| Q2 24 | $143.3M | $1.1B | ||
| Q1 24 | $144.6M | $1.1B |
| Q4 25 | $719.5M | $9.2B | ||
| Q3 25 | $445.6M | $9.0B | ||
| Q2 25 | $452.8M | $8.9B | ||
| Q1 25 | $310.5M | $9.0B | ||
| Q4 24 | $310.3M | $8.8B | ||
| Q3 24 | $298.4M | $8.6B | ||
| Q2 24 | $240.1M | $8.6B | ||
| Q1 24 | $232.8M | $8.4B |
| Q4 25 | — | 0.11× | ||
| Q3 25 | — | 0.11× | ||
| Q2 25 | — | 0.11× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | 0.14× | ||
| Q2 24 | — | 0.15× | ||
| Q1 24 | — | 0.15× |
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 | $153.5M |
| Free Cash FlowOCF − Capex | $2.4M | $149.4M |
| FCF MarginFCF / Revenue | 3.2% | 143.7% |
| Capex IntensityCapex / Revenue | 1.2% | 3.9% |
| Cash ConversionOCF / Net Profit | 0.03× | 3.81× |
| TTM Free Cash FlowTrailing 4 quarters | $16.0M | $275.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.2M | $153.5M | ||
| Q3 25 | $6.5M | $45.9M | ||
| Q2 25 | $4.1M | $38.9M | ||
| Q1 25 | $6.3M | $41.8M | ||
| Q4 24 | $5.9M | $133.7M | ||
| Q3 24 | $12.7M | $39.6M | ||
| Q2 24 | $3.4M | $37.3M | ||
| Q1 24 | $2.2M | $23.4M |
| Q4 25 | $2.4M | $149.4M | ||
| Q3 25 | $5.1M | $45.9M | ||
| Q2 25 | $3.3M | $38.4M | ||
| Q1 25 | $5.3M | $41.3M | ||
| Q4 24 | $5.3M | $116.8M | ||
| Q3 24 | $12.1M | $34.7M | ||
| Q2 24 | $3.1M | $34.4M | ||
| Q1 24 | $1.9M | $20.1M |
| Q4 25 | 3.2% | 143.7% | ||
| Q3 25 | 7.7% | 44.6% | ||
| Q2 25 | 4.6% | 40.1% | ||
| Q1 25 | 7.9% | 46.2% | ||
| Q4 24 | 8.7% | 126.4% | ||
| Q3 24 | 22.3% | 38.3% | ||
| Q2 24 | 7.8% | 40.5% | ||
| Q1 24 | 4.6% | 24.4% |
| Q4 25 | 1.2% | 3.9% | ||
| Q3 25 | 2.1% | 0.0% | ||
| Q2 25 | 1.1% | 0.6% | ||
| Q1 25 | 1.6% | 0.5% | ||
| Q4 24 | 0.9% | 18.3% | ||
| Q3 24 | 1.1% | 5.4% | ||
| Q2 24 | 0.7% | 3.5% | ||
| Q1 24 | 0.7% | 4.0% |
| Q4 25 | 0.03× | 3.81× | ||
| Q3 25 | 1.37× | 1.10× | ||
| Q2 25 | 0.61× | 1.08× | ||
| Q1 25 | 5.22× | 1.28× | ||
| Q4 24 | 2.38× | 3.88× | ||
| Q3 24 | 2.60× | 1.22× | ||
| Q2 24 | — | 1.28× | ||
| Q1 24 | — | 0.84× |
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% |
NIC
Segment breakdown not available.
