---
title: "Hurco Companies Q1: Revenue $42.9M, EPS $(0.54)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278157553.md"
description: "Hurco Companies reported Q1 revenue of $42.9 million, an 8% decline year-over-year, with a net loss per share of $(0.54). Despite improved gross margin at 19%, operating loss widened to $(3.2) million due to lower machine shipments. Orders rose 5% year-over-year, particularly in the Americas, while management implemented cost reductions and suspended dividends. The net loss for the quarter was $(3.5) million, influenced by tax-related changes."
datetime: "2026-03-06T19:31:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278157553.md)
  - [en](https://longbridge.com/en/news/278157553.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278157553.md)
---

# Hurco Companies Q1: Revenue $42.9M, EPS $(0.54)

Hurco Companies reported first-quarter sales of $42.9 million and a net loss per share of $(0.54), with revenue down 8% year-over-year largely due to lower machine shipments. Gross margin improved to 19% driven by a favorable product mix and fixed cost leverage, but operating loss widened to $(3.2) million. Management cited tax-related changes that narrowed the net loss to $(3.5) million for the quarter.

**Financial Highlights**

-   **Sales and service fees:** $42.9 million, down 8% year-over-year (favorable currency impact of $1.8 million).
-   **Gross profit:** $7.9 million; gross margin 19% of sales (improved as a percentage due to favorable mix and fixed cost leverage).
-   **Operating (loss) income:** $(3.2) million, a wider loss versus the prior year primarily from lower shipment volumes.
-   **Net (loss) income:** $(3.5) million, improved versus the prior period due to tax-driven changes.
-   **(Loss) income per common share:** $(0.54) basic and diluted.

**Business Highlights**

-   **Revenue trend:** Sales declined 8% year-over-year to $42.9 million in Q1 FY2026, driven by lower machine shipments across multiple regions.
-   **Orders and regional mix:** Orders increased 5% year-over-year with strong demand in the Americas (up 18%), contrasted by weakness in Europe and Asia Pacific.
-   **Brand and product mix:** A higher mix of Hurco and Takumi premium machines improved gross margins despite reduced shipment volumes.
-   **Operational actions:** Management implemented cost reductions, tightened inventory management, suspended the regular dividend, and continued investments in R&D and capital expenditures.

Original SEC Filing: HURCO COMPANIES INC \[ HURC \] - 10-Q - Mar. 06, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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