XChange TEC.INC (XHG) Accumulated Expenses (2018 - 2025)

XChange TEC.INC (XHG) recorded quarterly Accumulated Expenses of $7.1 million in Q3 2025, up 5.08% on a QoQ basis from $6.8 million in Q1 2025, and up 54.21% year-over-year from $4.6 million in Q3 2024.

XChange TEC.INC (XHG) Accumulated Expenses (2018 - 2025) Analysis & Trends

XChange TEC.INC has disclosed Accumulated Expenses across 8 years of filings, most recently posting $7.1 million for Q3 2025.

  • Quarterly Accumulated Expenses rose 54.21% year-over-year to $7.1 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $7.1 million (up 54.21% YoY) and the FY2025 annual result came in at $7.2 million, up 51.82% from the prior year.
  • Accumulated Expenses rose to $7.1 million in Q3 2025, from $6.8 million in the prior quarter.
  • Over five years, Accumulated Expenses peaked at $162.2 million in Q3 2021 and troughed at $175299.5 in Q3 2023.
  • A 5-year average of $36.9 million and a median of $7.0 million in 2025 frame the typical range for Accumulated Expenses.
  • Annual changes were most pronounced in 2022 — Accumulated Expenses tumbled 99.69% — and 2024, when it soared 2543.27%.
  • Tracing XHG's Accumulated Expenses over 5 years: stood at $162.2 million in 2021, then plunged by 99.69% to $505270.2 in 2022, then slumped by 65.31% to $175299.5 in 2023, then surged by 2543.27% to $4.6 million in 2024, then surged by 54.21% to $7.1 million in 2025.
  • Business Quant data shows XHG's Accumulated Expenses at $7.1 million in Q3 2025, $6.8 million in Q1 2025, and $4.6 million in Q3 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn
2 Aon 69.98 Bn 68.59 Bn -
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn -
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn
6 XChange TEC.INC 6.75 Bn 6.75 Bn -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn -
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn
10 Baldwin Insurance 1.62 Bn 2.07 Bn -

Historic Data

Download Data
DateValue
Sep 30, 2025 7.15 Mn
Mar 31, 2025 6.80 Mn
Sep 30, 2024 4.63 Mn
Mar 31, 2024 2.94 Mn
Sep 30, 2023 175,299.48
Mar 31, 2023 15.13 Mn
Sep 30, 2022 505,270.23
Mar 31, 2022 157.94 Mn
Sep 30, 2021 162.21 Mn
Mar 31, 2021 11.97 Mn
Sep 30, 2020 64.06 Mn
Mar 31, 2020 23.51 Mn
Sep 30, 2019 14.17 Mn
Sep 30, 2018 13.55 Mn