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
Download Data
Historic 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 |