XChange TEC.INC (XHG) Goodwill (2024 - 2025)
XChange TEC.INC (XHG) recorded quarterly Goodwill of $3.3 million in Q3 2025, down 63.3% on a QoQ basis from $8.9 million in Q1 2025, and down 96.71% year-over-year from $99.0 million in Q3 2024.
XChange TEC.INC (XHG) Goodwill (2024 - 2025) Analysis & Trends
XChange TEC.INC has disclosed Goodwill across 2 years of filings, most recently posting $3.3 million for Q3 2025.
- Quarterly Goodwill fell 96.71% year-over-year to $3.3 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $3.3 million (down 96.71% YoY) and the FY2025 annual result came in at $3.3 million, down 96.76% from the prior year.
- Goodwill slipped to $3.3 million in Q3 2025, from $8.9 million in the prior quarter.
- Over five years, Goodwill peaked at $177.9 million in Q1 2024 and troughed at $3.3 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn |
| 10 | Baldwin Insurance | 1.62 Bn | 2.07 Bn | - |
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 |