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
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