The profitability inflection and order acceleration suggest the cyclical downturn has bottomed. Watch the IMTS trade show (late Sept) for new product launches that could sustain order momentum. European weakness remains a headwind, but Americas and Asia Pacific strength provide diversification.
Price Chart
Executive Summary
Hurco reported a strong Q3 FY2026, swinging to net income of $2.3M ($0.35/share) from a $3.7M loss a year ago, with revenue up 3% to $47.3M. Gross margin expanded 800bps to 28% and orders surged 25%, signaling a cyclical recovery. No explicit guidance was provided, but the company's debt-free balance sheet and $52M cash position support continued investment.
Key Financial Metrics
Key Facts
- Net income of $2.3M ($0.35 diluted) vs net loss of $3.7M ($0.58 loss) in Q3 FY2025
- Revenue +3% YoY to $47.3M; gross margin expanded 800bps to 28%
- Orders increased 25% YoY to $51.4M, led by Americas (+37%) and Asia Pacific (+68%)
- Cash and equivalents $52.1M, no debt, working capital $166.7M
- European sales declined 12% YoY, partially offset by Americas +11% and Asia Pacific +51%
Financial Impact
Net income swing of ~$6M positive vs prior-year loss; gross profit improved $4.1M on $1.5M higher revenue
Risk Factors
- Cyclical machine tool industry; European sales down 12% may signal ongoing weakness
- Tariff refunds contributed to margin improvement but may not recur
- No explicit forward guidance; sustainability of order growth uncertain
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3356528 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 4, 2026 7w ago | 8-K | $22.99 $22.37 | ▼ −2.70% | ▼ −3.30% | $21.53 (−6.35%) |
Sep 4, 2026 7w ago | Press Release | $22.99 $22.37 | ▼ −2.70% | ▼ −3.30% | $21.53 (−6.35%) |
Jun 11, 2026 19w ago | Institutional Cluster | $21.50 $22.76 | ▲ +5.86% | ▲ +3.97% | $21.53 (+0.14%) |
Jun 5, 2026 20w ago | 8-K | $21.13 $22.26 | ▲ +5.35% | ▲ +3.49% | $21.53 (+1.89%) |
Mar 6, 2026 33w ago | Press Release | $15.54 $15.50 | ▼ −0.26% | ▲ +1.79% | $21.53 (+38.55%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers