vs
Side-by-side financial comparison of AMERICAN SUPERCONDUCTOR CORP (AMSC) and P10, Inc. (PX). Click either name above to swap in a different company.
P10, Inc. is the larger business by last-quarter revenue ($81.0M vs $74.5M, roughly 1.1× AMERICAN SUPERCONDUCTOR CORP). AMERICAN SUPERCONDUCTOR CORP runs the higher net margin — 158.1% vs 11.7%, a 146.4% gap on every dollar of revenue. On growth, AMERICAN SUPERCONDUCTOR CORP posted the faster year-over-year revenue change (21.4% vs -4.7%). P10, Inc. produced more free cash flow last quarter ($18.1M vs $2.4M). Over the past eight quarters, AMERICAN SUPERCONDUCTOR CORP's revenue compounded faster (33.2% CAGR vs 10.7%).
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.
P10, Inc. is a global alternative investment management firm that offers a diversified portfolio of investment solutions spanning private equity, private credit, real assets and venture capital. It primarily caters to institutional clients including pension funds, endowments, foundations, and high-net-worth individuals across North America, Europe, and Asia Pacific.
AMSC vs PX — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $74.5M | $81.0M |
| Net Profit | $117.8M | $9.5M |
| Gross Margin | 30.7% | — |
| Operating Margin | 4.5% | 31.9% |
| Net Margin | 158.1% | 11.7% |
| Revenue YoY | 21.4% | -4.7% |
| Net Profit YoY | 4679.1% | 79.0% |
| EPS (diluted) | $2.62 | $0.08 |
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 | $81.0M | ||
| Q3 25 | $65.9M | $75.9M | ||
| Q2 25 | $72.4M | $72.7M | ||
| Q1 25 | $66.7M | $67.7M | ||
| Q4 24 | $61.4M | $85.0M | ||
| Q3 24 | $54.5M | $74.2M | ||
| Q2 24 | $40.3M | $71.1M | ||
| Q1 24 | $42.0M | $66.1M |
| Q4 25 | $117.8M | $9.5M | ||
| Q3 25 | $4.8M | $2.1M | ||
| Q2 25 | $6.7M | $3.4M | ||
| Q1 25 | $1.2M | $4.5M | ||
| Q4 24 | $2.5M | $5.3M | ||
| Q3 24 | $4.9M | $1.4M | ||
| Q2 24 | $-2.5M | $7.0M | ||
| Q1 24 | $-1.6M | $5.0M |
| 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% | 31.9% | ||
| Q3 25 | 4.5% | 14.1% | ||
| Q2 25 | 7.8% | 24.4% | ||
| Q1 25 | 2.5% | 16.6% | ||
| Q4 24 | 2.1% | 26.9% | ||
| Q3 24 | -1.4% | 11.9% | ||
| Q2 24 | -8.2% | 23.7% | ||
| Q1 24 | -5.3% | 18.3% |
| Q4 25 | 158.1% | 11.7% | ||
| Q3 25 | 7.2% | 2.8% | ||
| Q2 25 | 9.3% | 4.7% | ||
| Q1 25 | 1.8% | 6.7% | ||
| Q4 24 | 4.0% | 6.2% | ||
| Q3 24 | 9.0% | 1.9% | ||
| Q2 24 | -6.3% | 9.8% | ||
| Q1 24 | -3.8% | 7.6% |
| Q4 25 | $2.62 | $0.08 | ||
| Q3 25 | $0.11 | $0.02 | ||
| Q2 25 | $0.17 | $0.03 | ||
| Q1 25 | $0.04 | $0.04 | ||
| Q4 24 | $0.06 | $0.05 | ||
| Q3 24 | $0.13 | $0.01 | ||
| Q2 24 | $-0.07 | $0.06 | ||
| Q1 24 | $-0.03 | $0.04 |
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 | $28.2M |
| Total DebtLower is stronger | — | $373.2M |
| Stockholders' EquityBook value | $536.8M | $403.5M |
| Total Assets | $719.5M | $928.3M |
| Debt / EquityLower = less leverage | — | 0.93× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $141.1M | $28.2M | ||
| Q3 25 | $212.9M | $40.0M | ||
| Q2 25 | $207.9M | $33.4M | ||
| Q1 25 | $79.5M | $74.4M | ||
| Q4 24 | $75.2M | $67.5M | ||
| Q3 24 | $72.1M | $61.5M | ||
| Q2 24 | $93.5M | $31.2M | ||
| Q1 24 | $90.5M | $29.0M |
| Q4 25 | — | $373.2M | ||
| Q3 25 | — | $393.4M | ||
| Q2 25 | — | $373.0M | ||
| Q1 25 | — | $357.2M | ||
| Q4 24 | — | $319.8M | ||
| Q3 24 | — | $319.4M | ||
| Q2 24 | — | $300.6M | ||
| Q1 24 | — | $314.0M |
| Q4 25 | $536.8M | $403.5M | ||
| Q3 25 | $342.2M | $396.8M | ||
| Q2 25 | $333.1M | $388.9M | ||
| Q1 25 | $197.1M | $374.3M | ||
| Q4 24 | $192.7M | $386.9M | ||
| Q3 24 | $187.0M | $394.1M | ||
| Q2 24 | $143.3M | $396.9M | ||
| Q1 24 | $144.6M | $400.1M |
| Q4 25 | $719.5M | $928.3M | ||
| Q3 25 | $445.6M | $936.0M | ||
| Q2 25 | $452.8M | $932.2M | ||
| Q1 25 | $310.5M | $877.4M | ||
| Q4 24 | $310.3M | $869.3M | ||
| Q3 24 | $298.4M | $857.0M | ||
| Q2 24 | $240.1M | $823.2M | ||
| Q1 24 | $232.8M | $832.8M |
| Q4 25 | — | 0.93× | ||
| Q3 25 | — | 0.99× | ||
| Q2 25 | — | 0.96× | ||
| Q1 25 | — | 0.95× | ||
| Q4 24 | — | 0.83× | ||
| Q3 24 | — | 0.81× | ||
| Q2 24 | — | 0.76× | ||
| Q1 24 | — | 0.78× |
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 | $23.0M |
| Free Cash FlowOCF − Capex | $2.4M | $18.1M |
| FCF MarginFCF / Revenue | 3.2% | 22.3% |
| Capex IntensityCapex / Revenue | 1.2% | 6.0% |
| Cash ConversionOCF / Net Profit | 0.03× | 2.43× |
| TTM Free Cash FlowTrailing 4 quarters | $16.0M | $14.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.2M | $23.0M | ||
| Q3 25 | $6.5M | $-8.6M | ||
| Q2 25 | $4.1M | $13.4M | ||
| Q1 25 | $6.3M | $-4.7M | ||
| Q4 24 | $5.9M | $101.0M | ||
| Q3 24 | $12.7M | $27.5M | ||
| Q2 24 | $3.4M | $34.8M | ||
| Q1 24 | $2.2M | $11.0M |
| Q4 25 | $2.4M | $18.1M | ||
| Q3 25 | $5.1M | $-9.5M | ||
| Q2 25 | $3.3M | $11.6M | ||
| Q1 25 | $5.3M | $-6.0M | ||
| Q4 24 | $5.3M | $96.6M | ||
| Q3 24 | $12.1M | $25.2M | ||
| Q2 24 | $3.1M | $33.9M | ||
| Q1 24 | $1.9M | $10.7M |
| Q4 25 | 3.2% | 22.3% | ||
| Q3 25 | 7.7% | -12.6% | ||
| Q2 25 | 4.6% | 15.9% | ||
| Q1 25 | 7.9% | -8.9% | ||
| Q4 24 | 8.7% | 113.6% | ||
| Q3 24 | 22.3% | 34.0% | ||
| Q2 24 | 7.8% | 47.7% | ||
| Q1 24 | 4.6% | 16.2% |
| Q4 25 | 1.2% | 6.0% | ||
| Q3 25 | 2.1% | 1.2% | ||
| Q2 25 | 1.1% | 2.5% | ||
| Q1 25 | 1.6% | 1.9% | ||
| Q4 24 | 0.9% | 5.2% | ||
| Q3 24 | 1.1% | 3.0% | ||
| Q2 24 | 0.7% | 1.3% | ||
| Q1 24 | 0.7% | 0.4% |
| Q4 25 | 0.03× | 2.43× | ||
| Q3 25 | 1.37× | -4.01× | ||
| Q2 25 | 0.61× | 3.96× | ||
| Q1 25 | 5.22× | -1.05× | ||
| Q4 24 | 2.38× | 19.12× | ||
| Q3 24 | 2.60× | 19.54× | ||
| Q2 24 | — | 4.98× | ||
| Q1 24 | — | 2.18× |
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% |
PX
| Management Fees | $78.1M | 96% |
| Advisory Fees | $1.8M | 2% |
