Hurco Companies Reports Q2 2026 Financial Results with Improved Losses
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 05 2026
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Source: Newsfilter
- Reduced Net Loss: Hurco reported a net loss of $2.372 million, or $0.37 per diluted share, for Q2 2026, a significant improvement from a $4.063 million loss in Q2 2025, indicating gradual recovery amid challenging market conditions.
- Sales Revenue Growth: Sales and service fees reached $47.618 million in Q2, a 17% year-over-year increase, with a favorable currency impact of $1.352 million, demonstrating enhanced sales capabilities in global markets, particularly in the Americas and Asia Pacific.
- Strong Order Growth: Total orders for Q2 amounted to $61.647 million, up 41% year-over-year, with a 63% increase in the Americas, reflecting robust demand for Hurco's high-performance milling machines, especially 5-axis and larger models.
- Improved Gross Margin: The gross margin for Q2 rose to 22%, up from 19% in the prior year, reflecting effective pricing and cost control strategies, and while profitability has not yet been achieved, the increased operating leverage sets a solid foundation for future profitability.
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Analyst Views on HURC
About HURC
Hurco Companies, Inc. is an international, industrial technology company that sells its three brands of computer numeric control (CNC) machine tools to the worldwide metal cutting and metal forming industry. The Company's brands of machine tools, Hurco and Milltronics, are equipped with interactive controls that include software that is proprietary to each respective brand. The Company designs these controls and develops the software. Its Takumi brand of CNC machine tools is equipped with industrial controls that are produced by third parties, which allows the customer to decide the type of control added to the Takumi CNC machine tool. The Company also produces high-value machine tool components and accessories and provides automation solutions that can be integrated with any machine tool. Its customers manufacture precision parts, tools, dies, and/or molds for industries such as aerospace, defense, medical equipment, energy, transportation and computer equipment.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Earnings Report: Hurco's Q2 GAAP EPS stands at -$0.37, indicating challenges in profitability that may affect investor confidence moving forward.
- Revenue Growth: The company reported revenue of $47.62 million, reflecting a 16.5% year-over-year increase, suggesting positive market demand despite losses, potentially laying the groundwork for future recovery.
- Cash Position: As of April 30, 2026, cash and cash equivalents totaled $50.55 million, up from $48.71 million on October 31, 2025, indicating improvements in liquidity management.
- Working Capital Decline: Working capital was $166.94 million as of April 30, 2026, down from $173.06 million on October 31, 2025, reflecting pressure on the company's short-term financial health.
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- Reduced Net Loss: Hurco reported a net loss of $2.372 million, or $0.37 per diluted share, for Q2 2026, a significant improvement from a $4.063 million loss in Q2 2025, indicating gradual recovery amid challenging market conditions.
- Sales Revenue Growth: Sales and service fees reached $47.618 million in Q2, a 17% year-over-year increase, with a favorable currency impact of $1.352 million, demonstrating enhanced sales capabilities in global markets, particularly in the Americas and Asia Pacific.
- Strong Order Growth: Total orders for Q2 amounted to $61.647 million, up 41% year-over-year, with a 63% increase in the Americas, reflecting robust demand for Hurco's high-performance milling machines, especially 5-axis and larger models.
- Improved Gross Margin: The gross margin for Q2 rose to 22%, up from 19% in the prior year, reflecting effective pricing and cost control strategies, and while profitability has not yet been achieved, the increased operating leverage sets a solid foundation for future profitability.
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- Financial Overview: Hurco's Q1 GAAP EPS stands at -$0.54, indicating ongoing challenges during a brutal down-cycle, while revenue of $42.86 million suggests some market demand persists despite adverse conditions.
- Revenue Analysis: The reported revenue of $42.86 million may reflect a decline compared to the previous year, highlighting uncertainty in market demand and the difficulties the company faces in its recovery, which could impact future investor confidence.
- Market Signals: As Hurco closes out a tough down-cycle, mixed end-market signals suggest that the pace of industry recovery may be slow, necessitating close monitoring of future market dynamics to adjust strategic approaches accordingly.
- Investor Attention: Seeking Alpha's Quant Rating on Hurco indicates a cautious market sentiment regarding its future performance, prompting investors to assess the company's adaptability and potential growth opportunities in the current economic landscape.
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- Company Overview: HURCO Companies is a manufacturer specializing in CNC machine tools and related technologies.
- Financial Performance: The company reported a revenue of $610,000 for the first quarter, indicating its financial standing in the market.
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