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Hitachi HIT Acquired in-process research and development

Acquired in-process research and development at other companies

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Other financials

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

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Market cap$66.21M+51.3%
Enterprise value$56.01M+56.5%
P/S1.9×+0.3×

Profitability

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Gross margin58.9%-15.5pp
Net margin9.3%

Returns & leverage

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Return on equity105.4%
Debt / equity0.0×
Current ratio3.1×+0.8×

Where this comes from

Reported directly by Hitachi in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Hitachi’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hitachi's acquired in-process research and development?
Hitachi (HIT) reported acquired in-process research and development of $920.4K in Q1 2026.
How has Hitachi's acquired in-process research and development changed year-over-year?
Hitachi's acquired in-process research and development increased by 71.2% year-over-year, from $537.72K to $920.4K.
What is the long-term trend for Hitachi's acquired in-process research and development?
Over 2 years (2023 to 2025), Hitachi's acquired in-process research and development has grown at a -11.5% compound annual growth rate (CAGR), from $2M to $1.57M.
What does acquired in-process research and development mean?
Represents cash expenditures or fair value allocations for research and development projects acquired through business combinations that have not yet reached technological feasibility. It reflects the company's strategy for inorganic innovation and long-term product pipeline development.