Quick Answer
AMERICAN SUPERCONDUCTOR CORP /DE/ reported R&D Expense of $11.43 million for fiscal year 2025.
AMERICAN SUPERCONDUCTOR CORP /DE/ R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $11.43M | +43.0% |
| 2024 | $7.99M | -10.9% |
| 2023 | $8.97M | -14.4% |
| 2022 | $10.47M | +9.5% |
| 2020 | $9.56M | -3.1% |
| 2019 | $9.87M | -14.8% |
| 2018 | $11.59M | -7.5% |
| 2017 | $12.54M | +1.9% |
| 2016 | $12.30M | +3.6% |
| 2015 | $11.88M | -2.4% |
| 2014 | $12.17M | -20.6% |
| 2013 | $15.32M | -43.8% |
| 2012 | $27.27M | -16.1% |
| 2011 | $32.52M | +37.8% |
| 2010 | $23.59M | +19.9% |
| 2009 | $19.68M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| December 31, 2025 | $3.54M | +18.1% | -5.0% |
| September 30, 2025 | $3.73M | +40.9% | -13.4% |
| June 30, 2025 | $4.30M | +88.3% | +43.5% |
| December 31, 2024 | $3.00M | +36.4% | +13.4% |
| September 30, 2024 | $2.65M | +61.2% | +15.7% |
| June 30, 2024 | $2.29M | +23.4% | +4.0% |
| December 31, 2023 | $2.20M | +5.6% | +34.0% |
| September 30, 2023 | $1.64M | -29.1% | -11.4% |
- AMERICAN SUPERCONDUCTOR CORP /DE/ showed an increase of +43.0% in R&D Expense compared to the prior fiscal year.
- Over the 2009–2025 period, AMERICAN SUPERCONDUCTOR CORP /DE/’s r&d expense has declined by 41.9% (from $19.68 million to $11.43 million).
- The most recent figure is from AMERICAN SUPERCONDUCTOR CORP /DE/’s fiscal year 2024 report (Form 10-K), filed with the SEC on May 21, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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