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| Date | Value |
|---|---|
| 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 |