An overview of the state of superconducting electronics is presented, starting with Josephson junction and dc SQUID as active devices. Analogue electronics for detectors, mixers, voltage standards and ultra‐sensitive magnetometers are discussed, as well as their application to fields ranging from radio astronomy through metrology to stand‐off security imaging. An overview of the fundamental operating principles of the most successful superconducting logic family, RSFQ, is given, followed by a critical look at the main problems facing large‐scale RSFQ integrated circuits. Contemporary methods to reduce static power consumption and magnetic fields from bias currents are highlighted, with a quick look at energy‐efficient SFQ (eSFQ), current recycling and on‐chip shielding in advanced fabrication processes as prime examples of such methods. Integrated circuit fabrication, cryocooling and other digital logic families are also discussed. We conclude with a look at energy‐efficient supercomputing and quantum computing as near‐future applications of superconducting electronics.