Hurco Companies (HURC) reported Q2 2026 revenue of US$47.6 million, with a loss per share (EPS) of US$0.37 and net income excluding extra items showing a loss of US$2.4 million, setting another unprofitable quarter against a share price of US$21.13. The company has seen quarterly revenue move from US$40.9 million and a loss per share of US$0.63 in Q2 2025 to US$47.6 million and a loss per share of US$0.37 in Q2 2026. Trailing 12 month figures show revenue of US$181.8 million and a net loss excluding extra items of US$12.6 million, keeping the focus squarely on how efficiently that revenue is being converted into margins.

See our full analysis for Hurco Companies.

With the headline numbers on the table, the next step is to see how these results line up with the prevailing narratives around Hurco Companies and where the data starts to challenge the consensus story.

Losses Persist Despite US$181.8 Million In TTM Revenue

• Over the trailing 12 months to Q2 2026, Hurco Companies generated US$181.8 million in revenue but reported a net loss excluding extra items of US$12.6 million and a basic EPS loss of US$1.95.
• Critics highlight a bearish picture around profitability, and the trailing data lines up with that concern:
  • Net losses have grown at an annualized rate of 67.4% over the past five years, and the data describes earnings as having declined 67.4% per year, which points to a prolonged deterioration rather than a single weak period.
  • The company is flagged as unprofitable over the trailing 12 months, and there is no indication in the dataset that net profit margin has improved over that time, so the loss profile remains a central issue for cautious investors.

Quarterly Losses Narrow Compared With 2025

• Looking at recent quarters, the loss excluding extra items narrowed from US$4.1 million in Q2 2025 to US$2.4 million in Q2 2026, while the loss per share went from US$0.63 to US$0.37 over the same period.
• One point that may support a more bullish interpretation is how these quarterly figures sit against the heavier multi year decline:
  • While the five year record shows losses growing at 67.4% a year, the more recent sequence from Q1 2025 to Q2 2026 shows losses per quarter ranging between about US$4.3 million and US$2.4 million, with Q2 2026 at the lower end of that range.
  • Revenue over those six quarters has stayed within a band of roughly US$40.9 million to US$47.6 million, which gives bulls some concrete data to watch if they are looking for signs that cost control or efficiency might eventually change the earnings picture.

Mixed Valuation Signals At US$21.13 Share Price

• On the valuation side, the stock trades at a P/S of 0.8x compared with 1.6x for peers and 2.1x for the US Machinery industry, yet the current share price of US$21.13 sits above a DCF fair value of US$13.55 from the supplied model.
• Bears point to these mixed signals as reinforcing their caution, and the numbers give some support to that view:
  • The lower P/S multiple indicates the stock is cheaper on a sales basis than both its peer group and the wider industry, but the DCF model in the dataset places implied value below the market price, which can be read as a challenge to a purely value based argument.
  • When that DCF gap is set alongside the multi year earnings decline of 67.4% per year and the trailing 12 month loss of US$12.6 million, cautious investors may place more weight on cash flow based measures than on relative sales multiples.

Next Steps

Don't just look at this quarter; the real story is in the long-term trend. We've done an in-depth analysis on Hurco Companies's growth and its valuation to see if today's price is a bargain. Add the company to your watchlist or portfolio now so you don't miss the next big move.

Given how mixed this picture is, it makes sense to move fast, look through the figures yourself, and weigh the signals that matter most to you. To round out that view, make sure you understand the 1 important warning sign

See What Else Is Out There

Hurco Companies is still reporting losses, with a multi year decline in earnings and trailing 12 month net income that has not yet turned profitable.

If persistent losses and profit uncertainty make you cautious, it could be worth comparing this situation with companies screened for stronger downside protection using the 64 resilient stocks with low risk scores.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.