XChange TEC.INC (XHG) Goodwill (2023 - 2026)
XChange TEC.INC's (XHG) quarterly Goodwill came in at $3.4 million in Q1 2026, down 61.93% YoY from $8.9 million in Q1 2025, and up 3.75% on a QoQ basis from $3.3 million in Q3 2025.
XChange TEC.INC (XHG) Goodwill (2023 - 2026) Analysis & Trends
XChange TEC.INC (XHG) has 4 years of Goodwill data on file, last reported at $3.4 million in 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 advanced to $3.4 million in Q1 2026, from $3.3 million in the prior quarter.
- In the past five years, Goodwill ranged from a high of $178.2 million in Q4 2023 to a low of $3.3 million in Q3 2025.
- A 4-year average of $78.4 million and a median of $53.9 million in 2024 frame the typical range for Goodwill.
- Annual changes were most pronounced in 2025 — Goodwill plunged 96.71% — and 2026, when it plunged 61.93%.
- Tracing XHG's Goodwill over 4 years: stood at $178.2 million in 2023, then tumbled by 44.48% to $99.0 million in 2024, then sank by 96.71% to $3.3 million in 2025, then rose by 3.75% to $3.4 million in 2026.
- The last three Goodwill figures came in at $3.4 million (Q1 2026), $3.3 million (Q3 2025), and $8.9 million (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | XChange TEC.INC | 279.91 Bn | 279.90 Bn | - |
| 2 | Marsh & Mclennan Companies | 91.40 Bn | 79.19 Bn | 6.04 Bn |
| 3 | Aon | 75.07 Bn | 73.80 Bn | - |
| 4 | Arthur J. Gallagher | 66.45 Bn | 65.07 Bn | - |
| 5 | Willis Towers Watson | 32.02 Bn | 30.36 Bn | 2.09 Bn |
| 6 | Brown & Brown | 23.72 Bn | 22.80 Bn | 1.41 Bn |
| 7 | Erie Indemnity | 12.11 Bn | 11.77 Bn | - |
| 8 | Neptune Insurance Holdings | 4.50 Bn | 4.48 Bn | - |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - |
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 |
| Dec 28, 2023 | 178.25 Mn |