Hurco Companies Inc. (HURC) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 23	—	$0.06	—	—	$53.8M	—
Q1 23	—	$0.2	—	—	$54.7M	—
Q4 22	—	$0.22	—	—	$63.5M	—
Q3 22	—	$0.18	—	—	$57.6M	—
Q2 22	—	$0.3	—	—	$62.8M	—
Q1 22	—	$0.53	—	—	$66.9M	—
Q4 21	—	$0.31	—	—	$69M	—
Q3 21	—	$0.23	—	—	$54.2M	—
Q2 21	—	$0.36	—	—	$57.9M	—
Q1 21	—	$0.1	—	—	$54.1M	—
Q4 20	—	$0.7	—	—	$44.5M	—
Q3 20	—	$0.32	—	—	$45.4M	—
Q2 20	—	-$0.58	—	—	$37.1M	—
Q1 20	—	-$0.13	—	—	$43.7M	—
Q4 19	—	$0.31	—	—	$60M	—
Q3 19	—	$0.51	—	—	$58.5M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$2.34	—	—	$178.6M	—
FY24	—	-$2.56	—	—	$186.6M	—
FY23	—	$0.67	—	—	$227.8M	—
FY22	—	$1.24	—	—	$250.8M	—
FY21

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$227.3M	$243.7M	$300.7M	$263.4M	$170.6M	$235.2M	$250.8M	$227.8M	$186.6M	$178.6M
YoY change	+3.6%	+7.21%	+23.4%	-12.4%	-35.2%	+37.8%	+6.64%	-9.17%	-18.1%	-4.3%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	227.3M	243.7M	300.7M	263.4M	170.6M	235.2M	250.8M	227.8M	186.6M	178.6M
Cost of revenue	156.8M	173.1M	208.9M	186.2M	134.2M	178.9M	186.3M	171.6M	148.8M	145.6M
Gross profit	70.4M	70.6M	91.8M	77.2M	36.5M	56.2M	64.5M	56.2M	37.7M	33M
Gross margin	31%	29%	30.5%	29.3%	21.4%	23.9%	25.7%	24.7%	20.2%	18.5%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	50.8M	49.7M	58M	54.7M	41.4M	46M	51.7M	49.6M	46M	43.2M
Operating expenses	50.8M	49.7M	58M	54.7M	41.4M	46M	51.7M	49.6M	46M	43.2M
Operating income	19.6M	20.9M	33.8M	22.5M	-5M	10.2M	12.7M	6.6M	-8.3M	-10.3M
Operating margin	8.63%	8.58%	11.2%	8.56%	-2.91%	4.36%	5.08%	2.9%	-4.44%	-5.75%
Non-operating income, net	-699K	-137K	-1.4M	384K	-5.9M	-137K	-921K	51K	-1.6M	-2.1M
Pretax income	18.9M	20.7M	32.5M	23.3M	-10.8M	10.1M	11.9M	6.8M	-9.8M	-12.2M
Income tax	5.6M	5.6M	11M	5.8M	-4.6M	3.4M	3.7M	2.4M	6.8M	2.9M
Net income	13.3M	15.1M	21.5M	17.5M	-6.2M	6.8M	8.2M	4.4M	-16.6M	-15.1M
Net margin	5.85%	6.2%	7.15%	6.64%	-3.66%	2.88%	3.28%	1.93%	-8.9%	-8.47%
EBITDA	22.7M	24.3M	36M	26.8M	-1.4M	14.2M	15.6M	11.1M	-5.8M	-9.7M
EPS	2.01	2.27	3.19	2.57	-0.93	1.01	1.24	0.67	-2.56	-2.34
Diluted EPS	1.99	2.25	3.15	2.55	-0.93	1.01	1.23	0.66	-2.56	-2.34

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	66.1M	45.1M	45.2M	42.7M	53.7M	46.4M	40.9M	45.8M	45.5M	42.9M	47.6M	47.3M
Cost of revenue	48.7M	35.4M	37.2M	34.8M	41.5M	38.1M	33M	36.7M	37.7M	34.9M	37.3M	34.1M
Gross profit	17.4M	9.7M	8M	7.8M	12.2M	8.3M	7.8M	9.1M	7.7M	7.9M	10.3M	13.2M
Gross margin	26.4%	21.5%	17.8%	18.4%	22.7%	17.9%	19.2%	19.9%	17%	18.5%	21.7%	27.9%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	14M	11.5M	11.5M	10.4M	12.7M	10.4M	10.9M	10.8M	11.2M	11.1M	11.1M	10.9M
Operating expenses	14M	11.5M	11.5M	10.4M	12.7M	10.4M	10.9M	10.8M	11.2M	11.1M	11.1M	10.9M
Operating income	3.4M	-1.8M	-3.4M	-2.5M	-491K	-2.1M	-3.1M	-1.6M	-3.5M	-3.2M	-799K	2.3M
Operating margin	5.11%	-4.04%	-7.62%	-5.94%	-0.91%	-4.51%	-7.51%	-3.6%	-7.61%	-7.39%	-1.68%	4.85%
Non-operating income, net	135K	-454K	-468K	-77K	-608K	-223K	-560K	-1.5M	245K	127K	-839K	391K
Pretax income	3.5M	-2.2M	-3.9M	-2.6M	-1.1M	-2.3M	-3.5M	-3.1M	-3.2M	-3M	-1.6M	2.7M
Income tax	1.1M	-601K	40K	7M	320K	2M	518K	567K	-178K	461K	775K	432K
Net income	2.4M	-1.6M	-3.9M	-9.6M	-1.4M	-4.3M	-4.1M	-3.7M	-3M	-3.5M	-2.4M	2.3M
Net margin	3.66%	-3.66%	-8.68%	-22.5%	-2.69%	-9.31%	-9.94%	-8.06%	-6.69%	-8.09%	-4.98%	4.89%
EBITDA	4.6M	-1.3M	-2.9M	-1.6M	-70K	-1.7M	-2.9M	-2.5M	-2.6M	-2.5M	-1.1M	3.2M
EPS	0.37	-0.25	-0.61	-1.47	-0.23	-0.67	-0.62	-0.58	-0.47	-0.54	-0.37	0.35
Diluted EPS	0.36	-0.25	-0.61	-1.47	-0.23	-0.67	-0.62	-0.58	-0.47	-0.54	-0.37	0.35

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	172.1M	296M	273M	235.1M	199M	214M	152.3M	130M	136.3M	115.9M	142.4M
Enterprise value	132.4M	231.2M	197.2M	178.2M	153.3M	141M	97.2M	99.5M	114.7M	79.1M	98M
Shares outstanding	6.6M	6.6M	6.7M	6.8M	6.7M	6.6M	6.6M	6.5M	6.5M	6.5M	6.5M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	12.9	19.6	12.7	13.4	—	31.6	18.5	29.6	—	—	85.2
P/S	0.76	1.21	0.91	0.89	1.17	0.91	0.61	0.57	0.73	0.65	0.76
P/B	0.93	1.46	1.22	0.98	0.86	0.9	0.68	0.58	0.66	0.58	0.73
EV/EBITDA	5.84	9.52	5.48	6.66	-110.1	9.95	6.21	8.99	-19.7	-8.16	-30.9
EV/Sales	0.58	0.95	0.66	0.68	0.9	0.6	0.39	0.44	0.61	0.44	0.54
Earnings yield	7.72%	5.11%	7.87%	7.44%	—	3.16%	5.4%	3.38%	—	—	1.17%
FCF yield	-6.33%	8.76%	5.55%	-4.8%	4.66%	13.9%	-4.04%	-11.8%	-3.96%	12.5%	11.1%
PEG	—	—	—	—	—	—	—	—	—	—	-0.53

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	31%	29%	30.5%	29.3%	21.4%	23.9%	25.7%	24.7%	20.2%	18.5%	27.9%
Operating margin	8.63%	8.58%	11.2%	8.56%	-2.91%	4.36%	5.08%	2.9%	-4.44%	-5.75%	5.06%
Net margin	5.85%	6.2%	7.15%	6.64%	-3.66%	2.88%	3.28%	1.93%	-8.9%	-8.47%	-3.58%
ROE	7.17%	7.44%	9.64%	7.28%	-2.7%	2.84%	3.69%	1.97%	-8.02%	-7.6%	-3.32%
ROA	5.28%	5.44%	6.81%	5.81%	-2.11%	2.03%	2.69%	1.51%	-6.18%	-5.72%	-1.02%
ROIC	9.47%	11%	15.2%	9.22%	-2.67%	4.14%	5.27%	2.24%	-4.47%	-6.34%	-3.42%
Return on tangible assets	5.65%	5.85%	7.31%	6.47%	-2.26%	2.15%	2.84%	1.6%	-6.57%	-6.12%	-2.73%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	3.77	3.48	3.24	4.79	4.98	3.57	3.66	4.52	4.78	4.33	3.98
Quick ratio	1.75	1.78	1.66	2.07	2.01	1.75	1.53	1.64	1.58	1.58	1.54
Debt / equity	0.01	0.01	0.01	0	0.05	0.05	0.04	0.05	0.06	0.06	0.05
Debt / assets	0.01	0.01	0	0	0.04	0.03	0.03	0.04	0.04	0.05	0.04
Net debt / EBITDA	-1.75	-2.67	-2.11	-2.13	32.9	-5.16	-3.52	-2.75	3.72	3.8	13.8
Interest coverage	263.3	228.6	326	377.2	-113.9	422.7	440.9	25	-16	-135.7	-59.4
Effective tax rate	29.6%	27%	33.9%	25%	0%	33.2%	30.7%	35%	0%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	34.6	36.8	44.9	39	25.6	35.7	38.1	35.1	28.8	27.7	28.4
EPS (basic)	2.01	2.27	3.19	2.57	-0.93	1.01	1.24	0.67	-2.56	-2.34	-2.34
EPS (diluted)	1.99	2.25	3.15	2.55	-0.93	1.01	1.23	0.66	-2.56	-2.34	-1.02
Book value per share	28.2	30.7	33.3	35.5	34.7	36.2	33.8	34.2	31.9	30.8	29.7
FCF per share	-1.66	3.92	2.26	-1.67	1.39	4.52	-0.94	-2.37	-0.83	2.25	0.91
Cash per share	6.27	10	11.5	8.42	8.67	12.7	9.71	6.43	5.14	7.55	8.04
Capex per share	0.26	0.33	0.5	0.46	0.09	0.19	0.15	0.14	0.19	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0.75%	0.9%	1.12%	1.17%	0.34%	0.53%	0.4%	0.39%	0.66%	—	—
Capex / operating cash flow	-18.7%	6.75%	29.8%	386.2%	3.5%	4.98%	-6.78%	-20%	135.9%	—	—
Payout ratio	17.4%	17.1%	13.5%	18.3%	-54.7%	54.3%	47.7%	94.4%	-12.6%	0%	0%
Dividend yield	1.34%	0.87%	1.06%	1.36%	1.72%	1.72%	2.58%	3.19%	1.54%	0%	2.91%

Yield

2.91%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.16

ex-dividend Mar 27, 2024

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Mar 27, 2024	$0.16
Dec 29, 2023	$0.16
Sep 29, 2023	$0.16
Jun 23, 2023	$0.16

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	$66.1M	$45.1M	$45.2M	$42.7M	$53.7M	$46.4M	$40.9M	$45.8M	$45.5M	$42.9M	$47.6M	$47.3M
YoY change	+4.16%	-17.6%	-16.1%	-19.8%	-18.8%	+3.01%	-9.53%	+7.4%	-15.3%	-7.64%	+16.5%	+3.24%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	41.2M	66.3M	77.2M	56.9M	57.9M	84.1M	63.9M	41.8M	33.3M	48.7M
Receivables	48.6M	50.1M	54.4M	43.3M	27.7M	42.6M	38.4M	40M	36.7M	27.9M
Inventory	117M	119.9M	137.6M	148.9M	149.9M	148.2M	156.2M	158M	153M	142.9M
Total current assets	218.4M	246.4M	281.4M	261.9M	251.4M	289.9M	268.1M	248.2M	228.6M	225.1M
Property, plant & equipment	4.9M	4.8M	5.6M	6.6M	16.3M	13.9M	9.6M	12.4M	12.7M	12.2M
Goodwill & intangibles	16.8M	19.5M	21.5M	30.5M	19.4M	18.2M	17.1M	16M	15.7M	17.5M
Total assets	251.9M	277.8M	315.4M	301.1M	295.7M	332.9M	306.2M	290.6M	268.7M	264.3M
Accounts payable	37.2M	47.6M	57.5M	34M	27.6M	48.9M	40.7M	29.7M	25M	24.9M
Short-term debt	1.5M	1.5M	1.4M	—	4.1M	4.2M	4M	3.7M	3.8M	4.4M
Total current liabilities	58M	70.9M	86.8M	54.6M	50.4M	81.2M	73.3M	55M	47.8M	52M
Long-term debt	—	—	—	0	8M	6.8M	4.8M	7.6M	7.9M	7.6M
Total liabilities	66.5M	74.7M	92.6M	60.8M	64.5M	94.5M	83.6M	68.4M	61.5M	65.5M
Shareholders' equity	185.5M	203.1M	222.9M	240.2M	231.1M	238.4M	222.6M	222.2M	207.2M	198.8M
Total debt	1.5M	1.5M	1.4M	0	12.1M	11M	8.8M	11.3M	11.7M	11.9M
Net debt	-39.7M	-64.8M	-75.7M	-56.9M	-45.7M	-73M	-55.1M	-30.5M	-21.6M	-36.8M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Cash & short-term investments	41.8M	37.9M	37.5M	36.1M	33.3M	41.8M	43.8M	44.5M	48.7M	48M	50.1M	52.1M
Receivables	40M	33.1M	27.1M	25.1M	36.7M	28.4M	25.6M	27.6M	27.9M	25.8M	27.6M	26.8M
Inventory	158M	165M	163.8M	164.2M	153M	139.7M	146.4M	147.5M	142.9M	141.7M	137.2M	136.6M
Total current assets	248.2M	247.1M	239M	233.2M	228.6M	216.6M	222.9M	228.3M	225.1M	222.7M	221.4M	222.7M
Property, plant & equipment	12.4M	12.4M	11.4M	12M	12.7M	12.2M	12.1M	12.9M	12.2M	11.4M	10.3M	9.2M
Goodwill & intangibles	16M	15.9M	15.7M	15.7M	15.7M	15.9M	16.3M	16.7M	17.5M	17.7M	18.4M	19.5M
Total assets	290.6M	290.1M	280.8M	272.4M	268.7M	255.8M	262.5M	269.1M	264.3M	261.5M	259.5M	260M
Accounts payable	29.7M	28.1M	27.4M	26.9M	25M	22.3M	23.6M	27.3M	24.9M	27.6M	26.6M	29.2M
Short-term debt	3.7M	3.9M	3.7M	3.9M	3.8M	3.9M	3.9M	4.2M	4.4M	4.4M	4.3M	4.1M
Total current liabilities	55M	50.8M	51.4M	51.2M	47.8M	44M	47M	51.5M	52M	53.2M	54.4M	56M
Long-term debt	7.6M	8.5M	8.2M	8.6M	7.9M	7.9M	7.8M	8.1M	7.6M	7.2M	6.5M	5.7M
Total liabilities	68.4M	65.5M	65.2M	65.8M	61.5M	57.7M	60.2M	65.4M	65.5M	66.5M	67.1M	67.7M
Shareholders' equity	222.2M	224.6M	215.6M	206.6M	207.2M	198.1M	202.3M	203.7M	198.8M	195M	192.4M	192.3M
Total debt	11.3M	12.4M	11.8M	12.5M	11.7M	11.8M	11.7M	12.3M	11.9M	11.6M	10.7M	9.8M
Net debt	-30.5M	-25.6M	-25.7M	-23.5M	-21.6M	-30M	-32.1M	-32.2M	-36.8M	-36.4M	-39.3M	-42.2M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	13.3M	15.1M	21.5M	17.5M	-6.2M	6.8M	8.2M	4.4M	-16.6M	-15.1M
Depreciation & amortization	3.9M	3.6M	3.7M	3.7M	4.5M	4.2M	3.9M	4.1M	3.5M	2.7M
Stock-based compensation	1.6M	1.7M	2.5M	2.7M	2.1M	2.8M	2.7M	2.7M	1.6M	1.7M
Change in working capital	-27.7M	10.8M	-15.9M	-23.1M	16.8M	10.2M	-29.3M	-15.1M	8.5M	27.1M
Operating cash flow	-9.1M	32.3M	11.3M	799K	16.5M	25.2M	-14.8M	-4.4M	900K	17.6M
Capital expenditure	-1.7M	-2.2M	-3.4M	-3.1M	-577K	-1.3M	-1M	-879K	-1.2M	—
Investing cash flow	-1.7M	-1.8M	-4.3M	-7.2M	-577K	-1.3M	-1M	-879K	-1.2M	1.4M
Dividends paid	-2.3M	-2.6M	-2.9M	-3.2M	-3.4M	-3.7M	-3.9M	-4.1M	-2.1M	0
Share repurchases	—	—	0	0	-7M	0	-2.9M	-4.6M	-1.5M	-2M
Financing cash flow	-2.5M	-2.9M	-3.4M	-6.6M	-10.9M	-3.9M	-7M	-9.1M	-3.9M	-2.4M
Net change in cash	-13.3M	27.7M	3.6M	-13M	5M	20.1M	-22.9M	-14.4M	-4.2M	16.6M
Free cash flow	-10.9M	25.9M	15.1M	-11.3M	9.3M	29.8M	-6.2M	-15.4M	-5.4M	14.5M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Net income	2.4M	-1.6M	-3.9M	-9.6M	-1.4M	-4.3M	-4.1M	-3.7M	-3M	-3.5M	-2.4M	2.3M
Depreciation & amortization	952K	908K	882K	888K	854K	710K	648K	642K	691K	569K	517K	484K
Stock-based compensation	419K	591K	220K	269K	568K	584K	467K	578K	69K	591K	475K	576K
Change in working capital	-1.9M	3.3M	4M	3.3M	-2M	13.8M	4.4M	3.4M	4.9M	7.3M	2.6M	2.4M
Operating cash flow	1.7M	3M	1.1M	-364K	-2.4M	12M	1.5M	2.5M	3.7M	-616K	2.1M	3.8M
Capital expenditure	-69K	-429K	-120K	-218K	-456K	83K	-308K	—	—	—	—	—
Investing cash flow	-69K	-429K	-120K	-218K	-456K	83K	-308K	—	—	1.2M	0	0
Dividends paid	-1M	-1M	-1.1M	0	-1K	0	0	0	0	—	—	—
Share repurchases	0	0	0	-508K	-992K	—	—	-2M	0	—	—	0
Financing cash flow	-1.1M	-1.3M	-1.1M	-508K	-993K	-352K	0	-2M	0	-271K	—	0
Net change in cash	532K	1.3M	-70K	-1.1M	-3.8M	11.8M	1.2M	538K	3.7M	278K	2.1M	3.8M
Free cash flow	2.5M	-3.4M	1.4M	-1.4M	-2M	9.8M	197K	1.6M	3M	-1.2M	1.4M	2.8M

Hurco Companies Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement