vs
Side-by-side financial comparison of AMERICAN SUPERCONDUCTOR CORP (AMSC) and Velocity Financial, Inc. (VEL). Click either name above to swap in a different company.
AMERICAN SUPERCONDUCTOR CORP is the larger business by last-quarter revenue ($74.5M vs $51.6M, roughly 1.4× Velocity Financial, Inc.). AMERICAN SUPERCONDUCTOR CORP runs the higher net margin — 158.1% vs 67.3%, a 90.7% gap on every dollar of revenue. On growth, Velocity Financial, Inc. posted the faster year-over-year revenue change (32.8% vs 21.4%). Velocity Financial, Inc. produced more free cash flow last quarter ($17.9M vs $2.4M). Over the past eight quarters, AMERICAN SUPERCONDUCTOR CORP's revenue compounded faster (33.2% CAGR vs 32.3%).
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.
Velocity Financial, Inc. is a U.S.-headquartered real estate finance company that offers specialized mortgage loan solutions primarily for residential investment properties. It partners with independent mortgage brokers nationwide, providing real estate investors with short-term bridge loans and long-term rental property financing options tailored to their operational needs.
AMSC vs VEL — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $74.5M | $51.6M |
| Net Profit | $117.8M | $34.8M |
| Gross Margin | 30.7% | — |
| Operating Margin | 4.5% | 97.0% |
| Net Margin | 158.1% | 67.3% |
| Revenue YoY | 21.4% | 32.8% |
| Net Profit YoY | 4679.1% | 67.0% |
| EPS (diluted) | $2.62 | $0.90 |
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 | $51.6M | ||
| Q3 25 | $65.9M | $49.1M | ||
| Q2 25 | $72.4M | $47.6M | ||
| Q1 25 | $66.7M | $37.5M | ||
| Q4 24 | $61.4M | $38.9M | ||
| Q3 24 | $54.5M | $35.1M | ||
| Q2 24 | $40.3M | $32.4M | ||
| Q1 24 | $42.0M | $29.5M |
| Q4 25 | $117.8M | $34.8M | ||
| Q3 25 | $4.8M | $25.4M | ||
| Q2 25 | $6.7M | $26.0M | ||
| Q1 25 | $1.2M | $18.9M | ||
| Q4 24 | $2.5M | $20.8M | ||
| Q3 24 | $4.9M | $15.8M | ||
| Q2 24 | $-2.5M | $14.8M | ||
| Q1 24 | $-1.6M | $17.3M |
| 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% | 97.0% | ||
| Q3 25 | 4.5% | 72.1% | ||
| Q2 25 | 7.8% | 71.3% | ||
| Q1 25 | 2.5% | 71.7% | ||
| Q4 24 | 2.1% | 82.5% | ||
| Q3 24 | -1.4% | 60.6% | ||
| Q2 24 | -8.2% | 61.3% | ||
| Q1 24 | -5.3% | 78.8% |
| Q4 25 | 158.1% | 67.3% | ||
| Q3 25 | 7.2% | 51.7% | ||
| Q2 25 | 9.3% | 54.6% | ||
| Q1 25 | 1.8% | 50.4% | ||
| Q4 24 | 4.0% | 53.5% | ||
| Q3 24 | 9.0% | 45.1% | ||
| Q2 24 | -6.3% | 45.6% | ||
| Q1 24 | -3.8% | 58.5% |
| Q4 25 | $2.62 | $0.90 | ||
| Q3 25 | $0.11 | $0.65 | ||
| Q2 25 | $0.17 | $0.69 | ||
| Q1 25 | $0.04 | $0.51 | ||
| Q4 24 | $0.06 | $0.56 | ||
| Q3 24 | $0.13 | $0.44 | ||
| Q2 24 | $-0.07 | $0.42 | ||
| Q1 24 | $-0.03 | $0.49 |
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 | $92.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $536.8M | $672.5M |
| Total Assets | $719.5M | $7.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $141.1M | $92.1M | ||
| Q3 25 | $212.9M | $99.0M | ||
| Q2 25 | $207.9M | $79.6M | ||
| Q1 25 | $79.5M | $51.7M | ||
| Q4 24 | $75.2M | $49.9M | ||
| Q3 24 | $72.1M | $44.1M | ||
| Q2 24 | $93.5M | $47.4M | ||
| Q1 24 | $90.5M | $34.8M |
| Q4 25 | $536.8M | $672.5M | ||
| Q3 25 | $342.2M | $634.3M | ||
| Q2 25 | $333.1M | $597.9M | ||
| Q1 25 | $197.1M | $563.2M | ||
| Q4 24 | $192.7M | $516.9M | ||
| Q3 24 | $187.0M | $484.6M | ||
| Q2 24 | $143.3M | $471.3M | ||
| Q1 24 | $144.6M | $452.9M |
| Q4 25 | $719.5M | $7.4B | ||
| Q3 25 | $445.6M | $7.0B | ||
| Q2 25 | $452.8M | $6.5B | ||
| Q1 25 | $310.5M | $6.0B | ||
| Q4 24 | $310.3M | $5.5B | ||
| Q3 24 | $298.4M | $5.2B | ||
| Q2 24 | $240.1M | $4.9B | ||
| Q1 24 | $232.8M | $4.6B |
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 | $18.2M |
| Free Cash FlowOCF − Capex | $2.4M | $17.9M |
| FCF MarginFCF / Revenue | 3.2% | 34.6% |
| Capex IntensityCapex / Revenue | 1.2% | 0.5% |
| Cash ConversionOCF / Net Profit | 0.03× | 0.52× |
| TTM Free Cash FlowTrailing 4 quarters | $16.0M | $40.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.2M | $18.2M | ||
| Q3 25 | $6.5M | $11.5M | ||
| Q2 25 | $4.1M | $7.7M | ||
| Q1 25 | $6.3M | $3.5M | ||
| Q4 24 | $5.9M | $37.8M | ||
| Q3 24 | $12.7M | $-17.6M | ||
| Q2 24 | $3.4M | $11.5M | ||
| Q1 24 | $2.2M | $10.6M |
| Q4 25 | $2.4M | $17.9M | ||
| Q3 25 | $5.1M | $11.4M | ||
| Q2 25 | $3.3M | $7.6M | ||
| Q1 25 | $5.3M | $3.5M | ||
| Q4 24 | $5.3M | $37.5M | ||
| Q3 24 | $12.1M | $-17.6M | ||
| Q2 24 | $3.1M | $11.4M | ||
| Q1 24 | $1.9M | $10.5M |
| Q4 25 | 3.2% | 34.6% | ||
| Q3 25 | 7.7% | 23.2% | ||
| Q2 25 | 4.6% | 15.9% | ||
| Q1 25 | 7.9% | 9.2% | ||
| Q4 24 | 8.7% | 96.4% | ||
| Q3 24 | 22.3% | -50.3% | ||
| Q2 24 | 7.8% | 35.1% | ||
| Q1 24 | 4.6% | 35.8% |
| Q4 25 | 1.2% | 0.5% | ||
| Q3 25 | 2.1% | 0.1% | ||
| Q2 25 | 1.1% | 0.2% | ||
| Q1 25 | 1.6% | 0.2% | ||
| Q4 24 | 0.9% | 0.7% | ||
| Q3 24 | 1.1% | 0.2% | ||
| Q2 24 | 0.7% | 0.3% | ||
| Q1 24 | 0.7% | 0.1% |
| Q4 25 | 0.03× | 0.52× | ||
| Q3 25 | 1.37× | 0.45× | ||
| Q2 25 | 0.61× | 0.29× | ||
| Q1 25 | 5.22× | 0.19× | ||
| Q4 24 | 2.38× | 1.81× | ||
| Q3 24 | 2.60× | -1.11× | ||
| Q2 24 | — | 0.78× | ||
| Q1 24 | — | 0.61× |
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% |
VEL
| Related Party | $19.3M | 37% |
| Nonrelated Party | $16.9M | 33% |
| Other | $15.4M | 30% |
