What is Hitachi's provision for refund liability?

Hitachi (HIT) reported provision for refund liability of $108.4K in Q1 2026.

How has Hitachi's provision for refund liability changed year-over-year?

Hitachi's provision for refund liability decreased by 86.1% year-over-year, from $780.05K to $108.4K.

What does provision for refund liability mean?

An estimate of the potential liability for customer refunds or billing adjustments based on historical experience and contractual obligations. It represents a reserve set aside to cover future revenue reversals.

Hitachi HIT Provision For Refund Liability

Provision For Refund Liability at other companies

Rigel PharmaceuticalsRIGL

$364K-75.7%

KopinKOPN

$128.52K—

ARH

Arhaus, Inc.ARHS

$7.53M+10.5%

Open Lending CorporationLPRO

$24.77M-36.7%

Cogent Communications HoldingsCCOI

$3.64M+256%

1stdibs.com, Inc.DIBS

$143K+309%

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

See full

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

See full

Return on equity105.4%—

Debt / equity0×0.0×

Current ratio3.1×+0.8×

Where this comes from

Reported directly by Hitachi in its filing.

Tagged under the XBRL concept hit:ProvisionForRefundLiability.

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 provision for refund liability?: Hitachi (HIT) reported provision for refund liability of $108.4K in Q1 2026.
How has Hitachi's provision for refund liability changed year-over-year?: Hitachi's provision for refund liability decreased by 86.1% year-over-year, from $780.05K to $108.4K.
What does provision for refund liability mean?: An estimate of the potential liability for customer refunds or billing adjustments based on historical experience and contractual obligations. It represents a reserve set aside to cover future revenue reversals.