赫克 2025年度报告

☒Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended October 31, 2025 or☐Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from _________ to_________ Commission File No.0-9143 HURCO COMPANIES,INC.(Exact name of registrant as specified in its charter) Indiana(State or other jurisdiction of incorporation or organization) One Technology WayIndianapolis, Indiana 46268(Zip code) (Address of principal executive offices) Registrant’s telephone number, including area code(317) 293–5309 Securities registered pursuant to Section12(b)of the Act:Title of each class Securities registered pursuant to Section12(g)of the Act: None Indicate by check mark if the registrant is a well–known seasoned issuer, as defined in Rule405 of the Securities Act.Yes◻No⌧ Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Section15(d)of the Act.Yes◻No⌧ Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities Exchange Actof 1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subjectto such filing requirements for the past 90days.Yes⌧No◻ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule405 of Regulation S–T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant wasrequired to submit such files). Yes⌧No◻ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non–accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule12b–2 of the Exchange Act.◻Large accelerated filer⌧Accelerated filer◻Non–accelerated filer⌧Smaller reporting company☐Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section13(a)of the Exchange Act.◻ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of itsinternal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accountingfirm that prepared or issued its audit report.⌧ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrantincluded in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b–2 of the Act).Yes☐No⌧ The aggregate market value of the registrant’s voting stock held by non–affiliates as of April 30, 2025 (the last business day of our most recentlycompleted second quarter) was $100,674,809. The number of shares of the registrant’s common stock outstanding as of December 31, 2025 was 6,414,616. DOCUMENTS INCORPORATED BY REFERENCE: Portions of the registrant’s Proxy Statement for its 2026 Annual Meeting of Shareholders(PartIII). Forward-Looking Statements This report contains certain statements that are forward-looking statements within the meaning offederal securities laws. Forward-looking statements can be identified by the fact that they do notrelate strictly to historical or current facts. When used in this report, the words “may”, “will”,“should”,“would”,“could”,“anticipate”,“expect”,“plan”,“seek”,“believe”,“predict”,“estimate”,“potential”,“project”,“target”,“forecast”,“intend”,“strategy”,“future”,“opportunity”, “assume”, “guide”, and similar expressions are intended to identify forward-lookingstatements.Forward-looking statements are based on current expectations andassumptions that are subject to risks and uncertainties that could cause actual results to differmaterially from such forward-looking statements. These risks and uncertainties include, amongothers, the cyclical nature of the machine tool industry; uncertain economic conditions, whichmay adversely affect overall demand, in the Americas, Europe and Asia Pacific markets; the risksof our international operations; governmental actions, initiatives and regulations, includingimport and export restrictions, duties and tariffs and changes to tax laws; the effects of change