Hurco Reports Strong Q2 with 41% Order Growth and Narrowed Net Loss
HURC sits 52% above its 52-week low of $13.19 on elevated volume (3.0× avg).
Summary
Hurco Companies reported strong Q2 results, with new orders up 41% and revenue up 17% year-over-year, significantly narrowing its net loss and highlighting a potential market recovery.
Key Events · Earnings and Guidance · HURC
-
Significant Order Growth
New orders surged 41% year-over-year to $61.6 million in Q2 2026, marking the strongest quarterly intake in many years, with broad-based growth across all regions.
-
Revenue Increase
Sales and service fees for the second quarter increased by 17% year-over-year to $47.6 million.
-
Improved Profitability
Net loss narrowed by 40% to $2.37 million ($0.37 per diluted share) in Q2 2026, compared to a $4.06 million loss in the prior year, driven by a 300 basis point gross margin expansion to 22%.
-
Strong Financial Position
The company ended the quarter with over $50 million in cash and cash equivalents and no debt, providing significant financial flexibility.
Analysis · HURC · Industrial Applications And Services
Hurco Companies reported a significant turnaround in its second fiscal quarter results, with new orders surging 41% year-over-year to $61.6 million, marking the strongest quarterly intake in many years. This substantial increase in demand, coupled with a 17% rise in sales and a 300 basis point expansion in gross margin, led to a 40% reduction in net loss compared to the prior year. The company's strong financial position, with over $50 million in cash and no debt, provides crucial flexibility as it navigates a recovering machine tool market.
At the time of this filing, HURC was trading at $20.08 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $129.4M. The 52-week trading range was $13.19 to $21.91. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.