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Hitachi

HIT

Health In Tech (HIT) is an AI-enabled insurance technology platform that streamlines the underwriting, sales, and service processes for the self-funded healthcare market.

Market cap
$71.46M+17.7%
Revenue$34.1M+52.3%
Net income-$6.9K-100%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 20, 2026 (In 1 week)
Revenue estimate$7.8M
EPS estimate-$0.03

Financials

Q1 2026

Income statement

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Revenue$8.8M+9.4%
Gross profit$4.5M-15.8%
Net income-$1.6M-419%
EPS (diluted)-$0.03-400%

Balance sheet

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Cash & equivalents$10.3M+36.3%
Total debt$121.6K-36.2%
Total equity$21.6M+52.6%
Total assets$29.0M+35.8%

Cash flow

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Operating cash flow-$3.3M-729%

Valuation & ratios

Valuation

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Market cap$71.46M+17.7%
Enterprise value$61.25M+56.0%
P/S2.1×+0.3×

Profitability

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Gross margin58.9%-15.5pp

Returns & leverage

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Debt / equity0.0×
Current ratio3.1×+0.8×

Segments

By product

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Revenues From Fees SMR$7.3M
Self Funded Plan Administration Fees$4.5M
Program And Platform Management Fees$2.7M
Revenues From Underwriting Modeling ICE$1.5M-37.6%

Competitors

Profile

Health In Tech (HIT) is an AI-enabled insurance technology platform that streamlines the underwriting, sales, and service processes for the self-funded healthcare market. The company provides a vertically integrated marketplace that allows brokers and administrators to design, quote, and manage health benefit plans and stop-loss insurance. Its core value proposition is reducing the traditional multi-week underwriting cycle to approximately two minutes through automation and machine learning.

Competitive position

HIT differentiates itself by automating 80% of bindable quotes through AI, significantly reducing friction compared to traditional manual underwriting processes.

GeographiesUnited States
Customer segmentsSmall and Medium Businesses (SMB), Insurance Carriers, Insurance Brokerages
Business modelMarketplace, B2B SaaS, Transaction-based fees
SuppliersAI data service providers, Stop-loss insurance carriers, Medical data aggregators, Cloud infrastructure providers
CustomersSmall business employers, Mid-to-large sized corporations, Insurance brokers, Third-party administrators
Listed2024
CEOTim Johnson
FilingsSEC EDGAR

Questions, answered.

What is Hitachi's market cap?
Hitachi (HIT) has a market capitalization of $71.5M and trades on XNYS.
What is Hitachi's revenue and profitability?
Hitachi generated $34.1M in trailing twelve-month revenue with a net loss of $6.9K, representing a net margin of 9.3%. Gross margin stands at 58.9%. These figures are based on the Q1 2026 filing.
Who are Hitachi's competitors?
Hitachi's key competitors include Humana Inc., Elevance Health, Inc., UnitedHealth Group Incorporated, and others. These companies compete in similar markets and product categories.
Who does Hitachi partner with?
Hitachi's notable partners include Kang Youle Limited.
What subsidiaries does Hitachi have?
Hitachi's subsidiaries include Stone Mountain Risk, LLC, International Captive Exchange, LLC, HI Card LLC.
Where is Hitachi headquartered?
Hitachi is headquartered in United States of America. It has been publicly traded since 2024.