XChange TEC.INC (XHG) Goodwill (2024 - 2025)
XChange TEC.INC (XHG) reported Goodwill of $3.3 million for Q3 2025, down 96.71% year-on-year from $99.0 million in Q3 2024, and down 63.3% quarter-over-quarter from $8.9 million in Q1 2025.
XChange TEC.INC (XHG) has 2 years of Goodwill data on file, last reported at $3.3 million in Q3 2025.
- For the quarter ending Q3 2025, Goodwill fell 96.71% year-over-year to $3.3 million; the trailing twelve-month figure through Sep 2025 stood at $3.3 million (down 96.71% YoY), and the FY2025 full-year result was $3.3 million, down 96.76% from the prior year.
- Goodwill for Q3 2025 stood at $3.3 million, down from $8.9 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 3.25 Mn |
| Mar 31, 2025 | 8.87 Mn |
| Sep 30, 2024 | 98.96 Mn |
| Mar 31, 2024 | 177.86 Mn |