Hurco Returns to Profitability in Q3 with 800 bps Gross Margin Expansion
HURC sits 53% above its 52-week low of $14.5.
Summary
Hurco reported fiscal Q3 net income of $2.31 million versus a $3.69 million loss last year, with gross margin up 800 bps to 28% and orders up 25%. The company has $52 million in cash and no debt.
Key Events · Earnings and Guidance · HURC
-
Return to Profitability
Q3 FY2026 net income of $2.31 million ($0.35 per diluted share) versus a net loss of $3.69 million ($0.58 per share) in Q3 FY2025.
-
Gross Margin Expansion
Gross margin expanded 800 basis points to 28% in Q3, driven by cost control, improved fixed overhead absorption, higher machine volumes, and a stronger mix of 5-axis and high-performance machines.
-
Order Growth Outpacing Shipments
Q3 orders increased 25% to $51.4 million, with nine-month orders up 24% to $155.0 million, led by 37% growth in the Americas and 68% in Asia Pacific.
-
Strong Balance Sheet
Cash and cash equivalents of $52.1 million at July 31, 2026, with no debt and working capital of $166.7 million.
Analysis · HURC · Industrial Applications And Services
Hurco swung to a $2.31 million profit in fiscal Q3 2026 from a $3.69 million loss a year earlier, driven by an 800 basis point gross margin expansion to 28%. Orders grew 25% year-over-year, outpacing shipments, and the company holds $52 million in cash with no debt. The turnaround is broad-based across the Americas and Asia Pacific, though Europe remains soft. This confirms the operational inflection management hinted at last quarter and supports the thesis that the down cycle is reversing.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30.1% of the 2014 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.11%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, HURC was trading at $22.21 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $143.8M. The 52-week trading range was $14.50 to $24.49. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.