Risk factors
American Superconductor (AMSC) risk factors
Item 1A of every American Superconductor Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2026 10-K risk factors45 risks3 new3 dropped14 reworded
Fiscal 2025 included a $118.4 million deferred-tax benefit whose future reversals could materially affect earnings.
Filed May 27, 2026 - FY2025 10-K risk factors45 risks
AMSC has recorded net losses for three of the past four fiscal years despite profitability in fiscal 2024. Revenue depends heavily on single customers like Inox in the wind segment and key U.S. government defense contracts. The company faces ongoing exposure to foreign exchange fluctuations, international trade tensions, and supply chain dependencies.
Filed May 21, 2025