NASDAQ : HURC
Hurco Companies, Inc. — Financial statements
Industrials · Specialty Industrial Machinery · United States
Last price 21.54 USD (Oct 30, 2026, 12:57 PM EDT) · Market cap 139.50M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Hurco Companies, Inc. (HURC) reported revenue of 183.24M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 183.24M | 178.55M | 186.58M | 227.81M | 250.81M | 235.19M |
| Cost of Revenue | 144.04M | 145.57M | 148.84M | 171.64M | 186.34M | 178.95M |
| Gross Profit | 39.20M | 32.98M | 37.74M | 56.17M | 64.48M | 56.25M |
| Selling, General & Admin | 39.53M | 39.25M | 42.53M | 45.35M | 48.33M | 42.80M |
| Research & Development | 4.00M | 4.00M | 3.90M | 4.20M | 3.40M | 3.20M |
| Operating Expenses | 43.53M | 43.25M | 46.43M | 49.55M | 51.73M | 46.00M |
| Operating Income | -4.33M | -10.27M | -8.69M | 6.62M | 12.75M | 10.25M |
| Interest Expense | -84.00K | -89.00K | -578.00K | -282.00K | -27.00K | -24.00K |
| Interest & Investment Income | 536.00K | 558.00K | 701.00K | 430.00K | 253.00K | 207.00K |
| Earnings From Equity Investments | 80.00K | 80.00K | 292.00K | 494.00K | 733.00K | 203.00K |
| Currency Exchange Gain (Loss) | -5.00M | -1.29M | -1.35M | -3.11M | 2.37M | -313.00K |
| Other Non Operating Income (Expenses) | 3.72M | -1.16M | -228.00K | 2.61M | -4.20M | -200.00K |
| EBT Excluding Unusual Items | -5.08M | -12.17M | -9.85M | 6.75M | 11.88M | 10.12M |
| Pretax Income | -5.08M | -12.17M | -9.85M | 6.75M | 11.88M | 10.12M |
| Income Tax Expense | 1.49M | 2.95M | 6.76M | 2.37M | 3.65M | 3.36M |
| Net Income | -6.57M | -15.12M | -16.61M | 4.39M | 8.23M | 6.76M |
| Preferred Dividends & Other Adjustments | 61.00K | 97.00K | 76.00K | |||
| Net Income to Common | -6.57M | -15.12M | -16.61M | 4.33M | 8.13M | 6.69M |
| Shares Outstanding (Basic) | 6.44M | 6.46M | 6.49M | 6.50M | 6.58M | 6.59M |
| Shares Outstanding (Diluted) | 6.44M | 6.46M | 6.49M | 6.53M | 6.63M | 6.61M |
| EPS (Basic) | -1.02 | -2.34 | -2.56 | 0.67 | 1.24 | 1.01 |
| EPS (Diluted) | -1.02 | -2.34 | -2.56 | 0.66 | 1.23 | 1.01 |
| Free Cash Flow | 8.40M | 16.65M | -3.76M | -14.11M | -5.07M | 30.91M |
| Free Cash Flow Per Share | 1.30 | 2.58 | -0.58 | -2.16 | -0.77 | 4.68 |
| Dividend Per Share | 0.32 | 0.63 | 0.59 | 0.55 | ||
| Gross Margin | 21.39% | 18.47% | 20.23% | 24.66% | 25.71% | 23.92% |
| Operating Margin | -2.37% | -5.75% | -4.66% | 2.90% | 5.08% | 4.36% |
| Profit Margin | -3.58% | -8.47% | -8.90% | 1.90% | 3.24% | 2.84% |
| Free Cash Flow Margin | 4.58% | 9.32% | -2.02% | -6.19% | -2.02% | 13.14% |
| EBITDA | -3.17M | -8.68M | -6.75M | 9.11M | 15.37M | 13.04M |
| EBITDA Margin | -1.73% | -4.86% | -3.62% | 4.00% | 6.13% | 5.54% |
| D&A For EBITDA | 1.16M | 1.59M | 1.93M | 2.49M | 2.62M | 2.79M |
| EBIT | -4.33M | -10.27M | -8.69M | 6.62M | 12.75M | 10.25M |
| EBIT Margin | -2.37% | -5.75% | -4.66% | 2.90% | 5.08% | 4.36% |
| Effective Tax Rate | 35.02% | 30.75% | 33.17% |
Balance sheet
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 52.09M | 48.71M | 33.33M | 41.78M | 63.92M | 84.06M |
| Cash & Short-Term Investments | 52.09M | 48.71M | 33.33M | 41.78M | 63.92M | 84.06M |
| Receivables | 26.84M | 27.93M | 36.68M | 39.97M | 38.44M | 42.62M |
| Inventory | 136.62M | 142.93M | 153.04M | 157.95M | 156.21M | 148.22M |
| Prepaid Expenses | 6.91M | 5.24M | 5.21M | 7.79M | 6.98M | 14.07M |
| Other Current Assets | 251.00K | 263.00K | 323.00K | 740.00K | 2.52M | 905.00K |
| Total Current Assets | 222.70M | 225.08M | 228.58M | 248.23M | 268.07M | 289.87M |
| Property, Plant & Equipment | 16.61M | 19.53M | 20.11M | 19.83M | 16.94M | 21.23M |
| Long-Term Investments | 9.04M | 9.01M | 8.22M | 9.76M | 9.23M | 9.56M |
| Other Intangible Assets | 9.74M | 8.72M | 7.81M | 8.02M | 8.55M | 9.12M |
| Long-Term Deferred Tax Assets | 744.00K | 794.00K | 1.35M | 4.75M | 3.44M | 3.15M |
| Other Long-Term Assets | 1.18M | 1.17M | 2.58M | |||
| Total Assets | 260.02M | 264.30M | 268.64M | 290.59M | 306.24M | 332.94M |
| Accounts Payable | 29.21M | 26.07M | 24.95M | 29.66M | 40.71M | 48.88M |
| Accrued Expenses | 11.24M | 11.26M | 12.04M | 13.95M | 16.15M | 16.30M |
| Current Portion of Leases | 4.12M | 4.37M | 3.83M | 3.71M | 3.97M | 4.22M |
| Current Income Taxes Payable | 989.00K | 1.47M | 866.00K | 1.71M | 2.61M | 1.19M |
| Other Current Liabilities | 10.43M | 8.84M | 6.10M | 5.94M | 9.90M | 10.58M |
| Total Current Liabilities | 55.99M | 52.02M | 47.79M | 54.97M | 73.34M | 81.17M |
| Long-Term Leases | 5.72M | 7.56M | 7.85M | 7.61M | 4.81M | 6.79M |
| Long-Term Deferred Tax Liabilities | 37.00K | 38.00K | 53.00K | 83.00K | 67.00K | 68.00K |
| Other Long-Term Liabilities | 5.99M | 5.89M | 5.78M | 5.70M | 5.38M | 6.48M |
| Total Liabilities | 67.73M | 65.51M | 61.47M | 68.36M | 83.59M | 94.52M |
| Common Stock | 648.00K | 640.00K | 644.00K | 646.00K | 657.00K | 662.00K |
| Additional Paid-In Capital | 62.21M | 60.85M | 61.50M | 61.66M | 63.63M | 63.92M |
| Retained Earnings | 142.78M | 146.31M | 161.42M | 180.12M | 179.88M | 175.57M |
| Comprehensive Income & Other | -13.35M | -9.01M | -16.39M | -20.20M | -21.52M | -1.74M |
| Shareholders' Equity | 192.29M | 198.79M | 207.17M | 222.23M | 222.64M | 238.42M |
| Total Liabilities & Equity | 260.02M | 264.30M | 268.64M | 290.59M | 306.24M | 332.94M |
| Total Debt | 9.84M | 11.93M | 11.68M | 11.32M | 8.79M | 11.02M |
| Net Cash (Debt) | 42.25M | 36.78M | 21.65M | 30.47M | 55.13M | 73.05M |
| Net Cash Per Share | 6.56 | 5.70 | 3.34 | 4.67 | 8.31 | 11.05 |
| Filing Date Shares Outstanding | 6.48M | 6.41M | 6.45M | 6.47M | 6.59M | 6.61M |
| Total Common Shares Outstanding | 6.48M | 6.40M | 6.44M | 6.46M | 6.57M | 6.62M |
| Working Capital | 166.72M | 173.06M | 180.79M | 193.26M | 194.73M | 208.70M |
| Book Value Per Share | 29.69 | 31.05 | 32.19 | 34.39 | 33.90 | 36.03 |
| Tangible Book Value | 182.55M | 190.07M | 199.37M | 214.21M | 214.10M | 229.30M |
| Tangible Book Value Per Share | 28.19 | 29.69 | 30.98 | 33.15 | 32.60 | 34.65 |
| Land | 1.05M | 1.05M | 1.05M | 1.05M | 868.00K | 868.00K |
| Buildings | 7.38M | 7.38M | 7.38M | 7.39M | 7.35M | 7.35M |
| Machinery | 23.99M | 26.06M | 28.11M | 26.78M | 26.53M | 29.53M |
| Leasehold Improvements | 4.27M | 4.57M | 4.67M | 4.47M | 4.35M | 5.17M |
| Order Backlog | 34.30M | 40.80M |
Cash flow statement
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -6.57M | -15.12M | -16.61M | 4.39M | 8.23M | 6.76M |
| Depreciation & Amortization | 1.16M | 1.59M | 1.93M | 2.49M | 2.62M | 2.79M |
| Other Amortization | 1.10M | 1.10M | 1.60M | 1.60M | 1.30M | 1.40M |
| Loss (Gain) on Equity Investments | -293.00K | -80.00K | -292.00K | -494.00K | -733.00K | -203.00K |
| Stock-Based Compensation | 1.71M | 1.70M | 1.65M | 2.70M | 2.69M | 2.78M |
| Provision & Write-off of Bad Debts | -106.00K | -250.00K | -36.00K | 32.00K | -159.00K | 244.00K |
| Other Operating Activities | -3.51M | 3.41M | 3.79M | -3.28M | 1.49M | 963.00K |
| Change in Accounts Receivable | 167.00K | 9.74M | 4.00M | -84.00K | 280.00K | -15.19M |
| Change in Inventory | 10.09M | 16.37M | 8.38M | -648.00K | -24.44M | 2.17M |
| Change in Accounts Payable | 3.20M | 313.00K | -5.27M | -11.77M | -2.28M | 20.62M |
| Change in Unearned Revenue | 3.21M | 392.00K | 1.39M | -2.18M | -3.06M | 3.11M |
| Change in Income Taxes | -1.14M | 42.00K | -1.64M | -974.00K | 1.23M | 900.00K |
| Change in Other Net Operating Assets | -827.00K | -2.00M | -1.89M | -3.33M | 8.89M | 6.16M |
| Operating Cash Flow | 9.02M | 17.56M | -2.52M | -12.82M | -3.97M | 32.17M |
| Capital Expenditures | -619.00K | -910.00K | -1.24M | -1.29M | -1.11M | -1.26M |
| Sale of Property, Plant & Equipment | 1.32M | 247.00K | 18.00K | 407.00K | 101.00K | 3.00K |
| Sale (Purchase) of Intangibles | -2.49M | -2.11M | -1.64M | -1.29M | -1.09M | -1.11M |
| Investment in Securities | 118.00K | 119.00K | 273.00K | -979.00K | ||
| Other Investing Activities | 1.41M | 1.41M | ||||
| Investing Cash Flow | -377.00K | -1.25M | -2.74M | -1.90M | -2.09M | -3.35M |
| Issuance of Common Stock | 270.00K | 117.00K | 350.00K | |||
| Repurchase of Common Stock | -271.00K | -2.35M | -1.81M | -4.95M | -3.10M | -197.00K |
| Common Dividends Paid | -2.09M | -4.14M | -3.92M | -3.67M | ||
| Financing Cash Flow | -271.00K | -2.35M | -3.91M | -8.82M | -6.90M | -3.52M |
| Foreign Exchange Rate Adjustments | -775.00K | 1.42M | 713.00K | 1.40M | -7.18M | 895.00K |
| Net Cash Flow | 7.59M | 15.38M | -8.45M | -22.14M | -20.14M | 26.20M |
| Free Cash Flow | 8.40M | 16.65M | -3.76M | -14.11M | -5.07M | 30.91M |
| Free Cash Flow Margin | 4.58% | 9.32% | -2.02% | -6.19% | -2.02% | 13.14% |
| Free Cash Flow Per Share | 1.30 | 2.58 | -0.58 | -2.16 | -0.77 | 4.68 |
| Levered Free Cash Flow | 15.80M | 17.47M | 412.00K | -12.23M | 6.43M | 29.38M |
| Unlevered Free Cash Flow | 15.86M | 17.52M | 773.25K | -12.05M | 6.45M | 29.40M |
| Cash Income Tax Paid | 1.83M | 1.83M | 3.02M | 4.34M | -1.63M | 1.57M |
| Change in Working Capital | 15.52M | 25.20M | 5.45M | -20.26M | -19.39M | 17.43M |
Ratios
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 142.80M | 114.92M | 135.50M | 129.24M | 152.03M | 214.22M |
| Enterprise Value | 100.56M | 82.74M | 111.98M | 99.50M | 87.63M | 145.25M |
| Last Close Price | 22.05 | 17.95 | 21.01 | 19.69 | 22.19 | 30.43 |
| PE Ratio | 29.86 | 18.70 | 32.03 | |||
| Forward PE | 15.47 | 15.47 | 15.47 | 15.47 | 15.47 | |
| PS Ratio | 0.78 | 0.64 | 0.73 | 0.57 | 0.61 | 0.91 |
| PB Ratio | 0.74 | 0.58 | 0.65 | 0.58 | 0.68 | 0.90 |
| P/TBV Ratio | 0.78 | 0.60 | 0.68 | 0.60 | 0.71 | 0.93 |
| P/FCF Ratio | 17.01 | 6.90 | 6.93 | |||
| P/OCF Ratio | 15.84 | 6.54 | 6.66 | |||
| PEG Ratio | 2.58 | 2.58 | 2.58 | 2.58 | 2.58 | |
| EV/Sales Ratio | 0.55 | 0.46 | 0.60 | 0.44 | 0.35 | 0.62 |
| EV/EBITDA Ratio | 10.92 | 5.70 | 11.14 | |||
| EV/EBIT Ratio | 15.04 | 6.88 | 14.17 | |||
| EV/FCF Ratio | 11.98 | 4.97 | 4.70 | |||
| Debt / Equity Ratio | 0.05 | 0.06 | 0.06 | 0.05 | 0.04 | 0.05 |
| Debt / EBITDA Ratio | 4.85 | 0.79 | 0.43 | 0.60 | ||
| Debt / FCF Ratio | 1.17 | 0.72 | 0.36 | |||
| Net Debt / Equity Ratio | -0.22 | -0.18 | -0.10 | -0.14 | -0.25 | -0.31 |
| Net Debt / EBITDA Ratio | 13.32 | 4.24 | 3.21 | -3.35 | -3.59 | -5.60 |
| Net Debt / FCF Ratio | -5.03 | -2.21 | 5.76 | 2.16 | 10.87 | -2.36 |
| Asset Turnover | 0.69 | 0.67 | 0.67 | 0.76 | 0.79 | 0.75 |
| Inventory Turnover | 1.01 | 0.98 | 0.96 | 1.09 | 1.22 | 1.20 |
| Quick Ratio | 1.41 | 1.47 | 1.47 | 1.49 | 1.40 | 1.56 |
| Current Ratio | 3.98 | 4.33 | 4.78 | 4.51 | 3.65 | 3.57 |
| Return on Equity (ROE) | -3.32% | -7.45% | -7.74% | 1.97% | 3.57% | 2.88% |
| Return on Assets (ROA) | -1.02% | -2.41% | -1.94% | 1.39% | 2.49% | 2.04% |
| Return on Invested Capital (ROIC) | -2.86% | -5.91% | -4.60% | 2.39% | 5.30% | 3.91% |
| Return on Capital Employed (ROCE) | -2.10% | -4.80% | -3.90% | 2.80% | 5.50% | 4.10% |
| Earnings Yield | -4.62% | -13.15% | -12.26% | 3.40% | 5.41% | 3.16% |
| FCF Yield | 5.88% | 14.49% | -2.77% | -10.91% | -3.34% | 14.43% |
| Dividend Yield | 1.52% | 3.15% | 2.55% | 1.70% | ||
| Payout Ratio | 94.37% | 47.69% | 54.32% | |||
| Buyback Yield / Dilution | 0.36% | 0.51% | 0.60% | 1.57% | -0.36% | 0.93% |
| Total Shareholder Return | 0.36% | 0.51% | 2.12% | 4.72% | 2.19% | 2.63% |