XChange TEC.INC XHG
NASDAQ XHG
$3.26 +0.19 (+6.19%)
At close: Sep 9, 2026 · 4:00 PM EDT

XChange TEC.INC (XHG) Goodwill (2023 - 2026)

XChange TEC.INC (XHG) recorded quarterly Goodwill of $3.4 million in Q1 2026, up 3.75% on a QoQ basis from $3.3 million in Q3 2025, and down 61.93% YoY from $8.9 million in Q1 2025.

Analysis

XChange TEC.INC (XHG) Goodwill (2023 - 2026) Analysis & Trends

XChange TEC.INC (XHG) has reported Goodwill for 4 consecutive years, with $3.4 million the latest figure, recorded in Q1 2026.

  • For the quarter ending Q1 2026, Goodwill fell 61.93% year-over-year to $3.4 million; the trailing twelve-month figure through Mar 2026 stood at $3.4 million (down 61.93% YoY), and the FY2025 full-year result was $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.
  • The five-year high for Goodwill was $178.2 million in Q4 2023, with the low at $3.3 million in Q3 2025.
  • Historically, Goodwill has averaged $78.4 million across 4 years, with a median of $53.9 million in 2024.
  • Annual changes were most pronounced in 2025 — Goodwill tumbled 96.71% — and 2026, when it tumbled 61.93%.
  • Tracing XHG's Goodwill over 4 years: stood at $178.2 million in 2023, then sank by 44.48% to $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.
  • Per Business Quant data, the three most recent Goodwill figures were $3.4 million in Q1 2026, $3.3 million in Q3 2025, and $8.9 million in Q1 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Marsh & Mclennan Companies 85.01 Bn 72.80 Bn 6.04 Bn
2 Aon 65.00 Bn 63.73 Bn -
3 Arthur J. Gallagher 62.74 Bn 61.35 Bn -
4 Willis Towers Watson 29.53 Bn 27.87 Bn 2.09 Bn
5 Brown & Brown 22.19 Bn 21.27 Bn 1.41 Bn
6 XChange TEC.INC 17.23 Bn 17.23 Bn -
7 Erie Indemnity 11.26 Bn 10.91 Bn -
8 Ryan Specialty Holdings 4.93 Bn 4.79 Bn -
9 Neptune Insurance Holdings 4.36 Bn 4.34 Bn -
10 Baldwin Insurance 2.60 Bn 2.42 Bn -
Historic Data

Historic Data

Download Data
DateValue
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