What were Hurco Companies' (NASDAQ:HURC) first-quarter results for fiscal 2026?

Hurco Companies reported a net loss of $3.468 million, or $0.54 per diluted share, for the first quarter of fiscal 2026. While the company posted a net loss, it marked a moderate improvement compared to the $4.320 million loss ($0.67 per share) from the same period last year. Global sales declined by 8%, but the company saw a 5% increase in total orders.

What drove the increase in orders for Hurco Companies (NASDAQ:HURC) in Q1 2026?

Orders for Hurco increased by 5% in Q1 2026, driven by an 18% surge in demand across the Americas. This domestic growth offset the challenges faced in international markets, where global sales fell 8% due to a cautious spending environment in key manufacturing hubs.

How did Hurco Companies (NASDAQ:HURC) perform in terms of global sales in Q1 2026?

Hurco’s global sales for Q1 2026 declined by 8% to $42.868 million, reflecting a cautious spending environment in key international manufacturing hubs. Despite this decline, the company’s domestic performance and order growth in the Americas provided a silver lining.

How did Hurco Companies (NASDAQ:HURC) manage its gross margin in Q1 2026?

Hurco’s gross margin improved to 19% of sales in Q1 2026, up from 17% in the same period last year. This improvement was attributed to a more favorable product mix, reflecting better efficiency in its operations and a shift towards higher-margin products.

What impact did SG&A expenses have on Hurco Companies' (NASDAQ:HURC) Q1 2026 performance?

Hurco's selling, general, and administrative (SG&A) expenses increased to 26% of sales in Q1 2026. This rise in expenses was driven by continued investments in global sales infrastructure and product development, which are expected to drive long-term growth, although they weighed on the company’s bottom line in the short term.

Hurco narrows Q1 loss as North American orders rebound

Written by Jon CuthbertPublished Mar. 6 2026Last Updated Mar. 6 2026

Hurco Companies (NASDAQ:HURC) reported a reduced net loss for the first quarter of fiscal 2026, finding a silver lining in a double-digit surge in domestic orders despite a dip in global sales.

The Indianapolis-based industrial technology leader announced a net loss of $3.468 million, or $0.54 per diluted share, for the quarter ended Jan. 31, 2026.

This represents a moderate improvement over the $4.320 million loss, or $0.67 per share, recorded during the same period last year.

Global sales for the quarter fell 8% to $42.868 million, reflecting a cautious spending environment in key international manufacturing hubs.

However, the company’s booking activity signaled a potential shift in momentum; total orders rose 5% to $41.980 million, propelled primarily by an 18% jump in demand across the Americas.

Operating metrics showed a mix of improved efficiency and rising overhead.

Hurco’s gross margin climbed to 19% of sales, up from 17% in the prior-year period, benefiting from a more favorable product mix.

Conversely, selling, general, and administrative (SG&A) expenses climbed to 26% of sales, as the company continued to invest in its global sales infrastructure and product development.