AMSC reports 34% revenue growth in fiscal 2025, hitting $299.2M with strong backlog and positive outlook.

AMSC announced a 34% year-over-year revenue increase for fiscal 2025, reaching $299.2 million, driven by growth in its Grid and Wind businesses and the acquisition of Comtrafo. The company’s net income surged to $133.8 million, boosted by a significant non-cash tax benefit. Backlog expanded nearly 40% to about $280 million, reflecting strong demand, especially from traditional energy and data centers. For Q1 fiscal 2026, AMSC expects revenues above $85 million and net income exceeding $3 million, signaling continued growth momentum.