10-Q · June 5, 2026
Hurco Companies, Inc. recorded Q2 FY2026 revenue of $47.6 million, a 17% increase year-over-year, but reported a diluted EPS of $(0.37), missing expectations. The Americas segment saw a 35% growth in sales, while…
Earnings analysis · 10-Q
HURC earnings analysis
Filed September 4, 2026 · Our reading of the company's report
The latest report
The provided 10-Q excerpt does not include the financial statements, MD&A, segment results, or cash-flow data needed to assess revenue, margins, EPS, working capital, or free cash flow trends. The filing indicates $0 of…
Read full summary
The provided 10-Q excerpt does not include the financial statements, MD&A, segment results, or cash-flow data needed to assess revenue, margins, EPS, working capital, or free cash flow trends. The filing indicates $0 of credit-facility borrowings as of July 31, 2026, but international exposure remains substantial, with 59% of nine-month revenue generated outside the Americas. No material risk-factor changes or quantitative revenue and EPS guidance were disclosed.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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No Credit-Facility Borrowings
The company reported $0 of borrowings outstanding under its credit facilities as of July 31, 2026, limiting near-term interest-rate exposure.
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Currency Hedging Supports Global Exposure
International exposure remains significant: approximately 59% of revenue in the first nine months of fiscal 2026 came from customers outside the Americas.
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Euro Investment Hedge Gains
The company maintained a €3.0 million net-investment hedge, with a $1.0 million realized gain and less than $0.1 million of unrealized gain recorded in accumulated other comprehensive loss, net of tax.
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Effective Disclosure Controls
Management concluded that disclosure controls and procedures were effective as of July 31, 2026, and reported 0 material changes to internal control over financial reporting during the quarter.
What to watch
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Material Foreign-Currency Exposure
Approximately 59% of revenue during the first nine months of fiscal 2026 was generated outside the Americas, exposing results to foreign-currency movements across the Euro, Sterling, and New Taiwan Dollar.
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Hedges Do Not Eliminate FX Risk
The company had foreign-currency forward contracts with July 31, 2026 contract amounts of $7.996 million for Euro sale contracts, $7.403 million for Sterling sale contracts, and $20.742 million for New Taiwan Dollar purchase contracts; hedging reduces but does not eliminate currency risk.
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No Risk-Factor Reduction
The filing states there were no material changes from the risk factors in the fiscal 2025 Form 10-K, so the previously disclosed operating, market, and international risks remain applicable.
Management's outlook
The provided filing text contains no quantitative revenue or EPS outlook; no change to prior guidance is disclosed.
Earlier filings 4
10-Q · March 6, 2026
Hurco reported Q1 revenue of $42,868,000, down from $46,414,000 a year earlier, producing gross profit of $7,938,000 (gross margin 18.5%) and a net loss of $3,468,000 (EPS $(0.54)). Liquidity remains strong with…
10-Q · June 6, 2025
Hurco reported Q2 revenue of $40,867,000, down $4,305,000 (-9.5%) versus Q2 2024, with a gross margin of 19.2% and an operating loss of $3,068,000. Net loss was $4,063,000 (EPS $(0.62)) while cash and cash equivalents…
10-Q · March 7, 2025
Hurco reported revenues of $46,414,000 for the three months ended January 31, 2025, up from $45,059,000 a year earlier, while gross profit declined to $8,290,000 from $9,695,000 and operating loss widened to…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.