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Hitachi HIT Current Income Tax Expense (Benefit)

Current Income Tax Expense (Benefit) 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:CurrentIncomeTaxExpenseBenefit.

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 current income tax expense (benefit)?
Hitachi (HIT) reported current income tax expense (benefit) of $4.4K in Q1 2026.
How has Hitachi's current income tax expense (benefit) changed year-over-year?
Hitachi's current income tax expense (benefit) decreased by 98.0% year-over-year, from $220.3K to $4.4K.
What does current income tax expense (benefit) mean?
This metric represents the total current income tax expense or benefit recognized in the financial statements for the reporting period. It reflects the amount of taxes payable or refundable to tax authorities based on taxable income for the current year. Investors use this to understand the immediate cash tax impact of the company's operations.