Hitachi, Ltd.: EPS $0.32 vs $0.33 expected; revenue $18.4B vs $18.5B
Key Facts
Q2 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 0.32 | 0.33 | −3.0% | 0.42 |
| Revenue (USD bn) | 18.40 | 18.51 | −0.6% | 16.42 |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Oct 28, 2026 | Q2 FY2026 | 0.3200 | 0.330 | −3.0% | 18.40 | 18.51 | −0.6% |
| Jul 29, 2026 | Q1 FY2026 | 0.2700 | 0.210 | +28.6% | 17.01 | 15.50 | +9.7% |
| Apr 27, 2026 | Q4 FY2025 | 0.2300 | 0.210 | +9.5% | 19.32 | 19.44 | −0.6% |
| Jan 29, 2026 | Q3 FY2025 | 0.2400 | 0.230 | +4.3% | 17.60 | 16.74 | +5.1% |
| Oct 30, 2025 | Q2 FY2025 | 0.4200 | 0.210 | — | 16.42 | 16.59 | −1.0% |
| Jul 31, 2025 | Q1 FY2025 | 0.2900 | 0.290 | 0.0% | 15.25 | 16.33 | −6.6% |
| Apr 28, 2025 | Q4 FY2024 | 0.2834 | 0.300 | −5.5% | 19.47 | 18.46 | +5.5% |
| Jan 31, 2025 | Q3 FY2024 | 0.9900 | 0.003 | — | 15.93 | 15.02 | +6.1% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures. Figures are in USD as carried for this US-traded line; the company reports in another currency.
Hitachi, Ltd. results: EPS $0.32 vs $0.33 expected; revenue $18.4B vs $18.5B. The results cover the company's Q2 FY2026. EPS came in below analysts' estimate by 3.0%; revenue below the estimate by 0.6%. Figures are in USD as carried for this US-traded line; the company reports in JPY.
Revenue was up 12.1% from $16.4 billion a year earlier (Q2 FY2025). EPS was down 23.8% from $0.42 a year earlier. On its record, EPS topped analysts' estimates in 3 of 5 earlier comparable reports.
What the results mean
Hitachi, Ltd. combines digital services with energy, industrial and transportation businesses, making its activity mix and contract structure central to interpreting its results. Software services, consulting and systems integration differ from equipment supply and infrastructure projects in spending requirements and the timing of revenue collection.
The company's businesses connect technology with operational needs such as power grid management, transportation systems and information infrastructure. This breadth makes demand for systems modernization, operating efficiency and infrastructure spending important to understanding business performance, while the available material does not establish which activity drove the results.
What to watch on the earnings call: The earnings call merits attention for management's discussion of demand across digital services, energy and transportation, and how the mix of services, equipment and projects affects margins. Useful detail would include spending required to execute contracts, the timing of customer collections, and whether demand centers on modernizing existing systems or building new infrastructure.
For the full analysis of Hitachi, Ltd. stock — valuation, scores and financial statements — see the stock page linked with this story.