What is Hitachi's income before provision for income taxes?

Hitachi (HIT) reported income before provision for income taxes of -$2.07M in Q1 2026.

How has Hitachi's income before provision for income taxes changed year-over-year?

Hitachi's income before provision for income taxes decreased by 402.2% year-over-year, from $684.42K to -$2.07M.

What does income before provision for income taxes mean?

Measures the profitability of the business before accounting for income tax expenses. It provides a clear view of operational and non-operational performance by excluding the impact of tax jurisdictions and fiscal policy.

Hitachi HIT Income before provision for income taxes

Income before provision for income taxes at other companies

Ispire Technology Inc.ISPR

-$9.35M+12.5%

Agrify CorporationRYM

-$5.67M-73.2%

Solidion Technology, Inc.STI

-$1.43M-116%

Cato CorporationCATO

$9.83M+132%

Hooker Furnishings CorporationHOFT

$1.39M+278%

Wrap TechnologiesWRAP

-$2.58M—

Other financials

Income statement

See full

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

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 us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 income before provision for income taxes?: Hitachi (HIT) reported income before provision for income taxes of -$2.07M in Q1 2026.
How has Hitachi's income before provision for income taxes changed year-over-year?: Hitachi's income before provision for income taxes decreased by 402.2% year-over-year, from $684.42K to -$2.07M.
What does income before provision for income taxes mean?: Measures the profitability of the business before accounting for income tax expenses. It provides a clear view of operational and non-operational performance by excluding the impact of tax jurisdictions and fiscal policy.