XChange TEC.INC (XHG) Goodwill (2024 - 2026)
XChange TEC.INC (XHG) posted Goodwill of $3.4 million for Q1 2026, up 3.75% on a QoQ basis from $3.3 million in Q3 2025, and down 61.93% year-over-year from $8.9 million in Q1 2025.
XChange TEC.INC (XHG) Goodwill (2024 - 2026) Analysis & Trends
XChange TEC.INC's Goodwill history runs 3 years deep, the most recent figure standing at $3.4 million for Q1 2026.
- Quarterly Goodwill fell 61.93% year-over-year to $3.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.4 million (down 61.93% YoY) and the FY2025 annual result came in at $3.3 million, down 96.76% from the prior year.
- Goodwill was $3.4 million for Q1 2026 at XChange TEC.INC, up from $3.3 million in the prior quarter.
- Across five years, Goodwill topped out at $177.9 million in Q1 2024 and bottomed at $3.3 million in Q3 2025.
- A 3-year average of $58.5 million and a median of $8.9 million in 2025 frame the typical range for Goodwill.
- Annual changes were most pronounced in 2025 — Goodwill tumbled 96.71% — and 2026, when it tumbled 61.93%.
- XChange TEC.INC's Goodwill stood at $99.0 million in 2024, then tumbled by 96.71% to $3.3 million in 2025, then advanced by 3.75% to $3.4 million in 2026.
- Business Quant data shows XHG's Goodwill at $3.4 million in Q1 2026, $3.3 million in Q3 2025, and $8.9 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 84.27 Bn | 72.32 Bn | 6.04 Bn |
| 2 | Aon | 75.99 Bn | 74.60 Bn | - |
| 3 | Arthur J. Gallagher | 62.23 Bn | 60.85 Bn | - |
| 4 | Willis Towers Watson | 27.24 Bn | 25.46 Bn | 1.98 Bn |
| 5 | Brown & Brown | 23.60 Bn | 22.62 Bn | 1.61 Bn |
| 6 | Neptune Insurance Holdings | 4.12 Bn | 4.11 Bn | 26.44 Mn |
| 7 | Accelerant Holdings | 3.06 Bn | 1.55 Bn | 48.00 Mn |
| 8 | Corvel | 3.03 Bn | 2.68 Bn | 54.92 Mn |
| 9 | Baldwin Insurance | 2.43 Bn | 2.87 Bn | - |
| 10 | XChange TEC.INC | 51.96 Mn | 50.25 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.38 Mn |
| Sep 30, 2025 | 3.25 Mn |
| Mar 31, 2025 | 8.87 Mn |
| Sep 30, 2024 | 98.96 Mn |
| Mar 31, 2024 | 177.86 Mn |