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 estimated reserve set aside to cover potential future customer refunds or billing adjustments. This reflects the company's anticipated liability for service reversals or product returns based on historical experience.

Hitachi HIT Provision For Refund Liability

Provision For Refund Liability at other companies

Rigel PharmaceuticalsRIGL

$364K-75.7%

KopinKOPN

$128.52K—

Hippo HoldingsHIPO

$11.9M0.0%

Service Corporation InternationalSCI

$34.25M-3.1%

ARH

Arhaus, Inc.ARHS

$7.53M+10.5%

Open Lending CorporationLPRO

$24.77M-36.7%

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

See full

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

See full

Market cap$66.21M+51.3%

Enterprise value$56.01M+56.5%

P/S1.9×+0.3×

Profitability

See full

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 →

Ask your AI about Hitachi's provision for refund liability.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

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 estimated reserve set aside to cover potential future customer refunds or billing adjustments. This reflects the company's anticipated liability for service reversals or product returns based on historical experience.