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HURC

Hurco Companies, Inc.

HURC

Hurco Companies, Inc. • NASDAQ
$16.20 ▼ -1.22% (-0.20)
Market Cap $104.75 M
52w High $23.72
52w Low $13.19
Dividend Yield 0.16%
P/E -7.71
Volume 27.07K
Outstanding Shares 6.47M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $45.806M ▲ $10.522M ▼ $-3.693M ▲ -8.062% ▲ $-0.57 ▲ $-2.48M ▲
Q2-2025 $40.867M ▼ $10.897M ▲ $-4.063M ▲ -9.942% ▼ $-0.63 ▲ $-2.893M ▼
Q1-2025 $46.414M ▼ $10.382M ▼ $-4.32M ▼ -9.308% ▼ $-0.67 ▼ $-1.511M ▼
Q4-2024 $53.702M ▲ $12.677M ▲ $-1.442M ▲ -2.685% ▲ $-0.23 ▲ $-116K ▲
Q3-2024 $42.651M $10.376M $-9.596M -22.499% $-1.47 $-1.55M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $44.494M ▲ $269.088M ▲ $65.416M ▲ $203.672M ▲
Q2-2025 $43.807M ▲ $262.474M ▲ $60.194M ▲ $202.28M ▲
Q1-2025 $41.82M ▲ $255.831M ▼ $57.688M ▼ $198.143M ▼
Q4-2024 $33.33M ▼ $268.643M ▼ $61.471M ▼ $207.172M ▲
Q3-2024 $36.054M $272.376M $65.751M $206.625M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-3.693M ▲ $2.538M ▲ $-745K ▲ $-2M ▼ $687K ▼ $3.023M ▲
Q2-2025 $-4.063M ▲ $997K ▼ $-800K ▼ $0 ▲ $1.987M ▼ $197K ▼
Q1-2025 $-4.32M ▼ $10.337M ▲ $-380K ▲ $-352K ▲ $8.49M ▲ $9.781M ▲
Q4-2024 $-1.442M ▲ $-1.207M ▼ $-836K ▼ $-993K ▲ $-2.724M ▼ $-2.037M ▼
Q3-2024 $-9.596M $-622K $-734K $-1.059M $-1.488M $-1.357M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Computer Control Systems and Software
Computer Control Systems and Software
 $0 ▲$0 ▲$0 ▲$0 ▲
Computerized Machine Tools
Computerized Machine Tools
 $40.00M ▲$40.00M ▲$30.00M ▼$40.00M ▲
Service Fees
Service Fees
 $0 ▲$0 ▲$0 ▲$0 ▲
Service Parts
Service Parts
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Hurco’s recent results show a business under earnings pressure. Revenue has slipped from its earlier peak, and profitability has moved from modestly positive to a loss in the most recent year. Gross profit is still there, but the cushion over operating costs has become thin, so small swings in sales or costs are now pushing the company into the red. The trend reflects both the cyclical nature of industrial equipment demand and the company’s fixed cost base. Overall, the income statement signals a company in a soft part of the cycle, with profitability currently fragile.

Balance Sheet

Balance Sheet The balance sheet looks conservative and relatively clean. Hurco carries very little debt and finances itself mainly through shareholder equity, which reduces financial risk. Cash levels have come down over the past few years but the company still appears to be in a net cash position with no heavy leverage. Total assets and equity have edged lower, which usually reflects weaker earnings and some use of the balance sheet to support operations. In simple terms, the company seems financially cautious but has less of a buffer than it once did.

Cash Flow

Cash Flow Cash generation has been inconsistent. Operating cash flow has hovered around break-even in recent years, occasionally dipping negative, especially when business slowed. Free cash flow tells a similar story: solid in the recovery period, then weakening as conditions softened. Capital spending has been modest, which helps preserve cash but also means growth investments must be carefully prioritized. Overall, Hurco is not burning large amounts of cash, but its room for error isn’t huge if demand remains weak for an extended period.

Competitive Edge

Competitive Edge Hurco occupies a focused niche in CNC machine tools, particularly serving job shops and high-mix, low-volume manufacturers. Its main strengths are ease of use, user-friendly conversational programming, and a vertically integrated control and software platform that differentiates it from many rivals. The multi-brand portfolio lets it reach both value and premium segments. However, the company competes against much larger, globally recognized players with deeper pockets and broader product lines. Its advantage rests on specialization, user experience, and service rather than sheer scale, which can be both a strength and a vulnerability in downturns or aggressive pricing environments.

Innovation and R&D

Innovation and R&D Innovation is clearly a core part of Hurco’s identity. The company’s proprietary control software, conversational programming, and motion control technology have long been key differentiators, making complex machining more accessible to operators. More recently, Hurco has moved into AI-enabled features, such as chatbot-style operator assistance and automatic feature recognition, and is pushing automation through its ProCobots solutions. The strategic vision of more autonomous machining centers is ambitious and aligns with industry trends. The main risk is execution: staying ahead in software, AI, and automation requires ongoing R&D spending and timely commercialization, which can be challenging for a mid-size player.

Summary

Hurco is a specialized industrial equipment maker with strong technology and a user-focused product strategy, but it is currently experiencing weaker earnings and softer cash generation. Its conservative balance sheet and low debt provide stability, yet declining profits and cash reserves narrow its safety margin. Competitively, the company stands out through its control software, ease of use, and integrated automation rather than scale, facing tough competition from much larger machine tool manufacturers. Its future prospects hinge on successfully leveraging its innovations in AI, controls, and automation to reignite growth and restore profitability, while carefully managing financial resources through the current downcycle.

NEWS

November 18, 2025 · 10:02 AM UTC

Hurco Announces Executive Chair Transition

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September 5, 2025 · 8:00 AM UTC

Hurco Reports Third Quarter Results For Fiscal Year 2025

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