Hurco Companies, Inc. (HURC) reported a significant widening of net loss for the fourth quarter of fiscal 2025, amounting to $3 million, or $0.47 per diluted share, compared to a net loss of $1.4 million, or $0.23 per share, in the same quarter last year. The company’s sales and service fees fell 15% year-over-year to $45.5 million from $53.7 million, contributing to a gross profit decline of 36.4% to $7.7 million, with gross margin compressing to 17%.
For the full fiscal year, Hurco experienced a 4% decrease in sales and service fees, totaling $178.6 million compared to $186.6 million in fiscal 2024. The company reported a net loss of $15.1 million, or $2.34 per diluted share, slightly improved from a net loss of $16.6 million, or $2.56 per share, in the previous year. Fourth-quarter orders totaled $46.5 million, down 9% year-over-year, while full-year orders dropped 14% to $171.3 million.
As of October 31, 2025, Hurco’s cash and cash equivalents increased to $48.7 million from $33.3 million a year earlier, indicating improved balance sheet strength. The company noted a challenging year marked by macroeconomic pressures and reduced machine shipments, especially in Europe and the Asia Pacific. Management expressed cautious optimism for fiscal 2026 despite declining revenues and orders across major markets.
