XChange TEC.INC (XHG) Goodwill & Intangibles (2018 - 2025)

XChange TEC.INC (XHG) reported Goodwill & Intangibles of $3.3 million for Q3 2025, down 97.35% year-on-year from $126.2 million in Q3 2024, and down 62.57% quarter-over-quarter from $8.9 million in Q1 2025.

XChange TEC.INC (XHG) has 7 years of Goodwill & Intangibles data on file, last reported at $3.3 million in Q3 2025.

  • For the quarter ending Q3 2025, Goodwill & Intangibles fell 97.35% year-over-year to $3.3 million; the trailing twelve-month figure through Sep 2025 stood at $3.3 million (down 97.35% YoY), and the FY2025 full-year result was $3.4 million, down 97.37% from the prior year.
  • Goodwill & Intangibles for Q3 2025 stood at $3.3 million, down from $8.9 million in the prior quarter.
  • Across five years, Goodwill & Intangibles topped out at $177.9 million in Q1 2024 and bottomed at $2.0 million in Q3 2022.
  • A 4-year average of $47.2 million and a median of $16.6 million in 2021 frame the typical range for Goodwill & Intangibles.
  • Across the five-year window, Goodwill & Intangibles soared 18174.08% in 2021 and plunged 97.35% in 2025, its largest moves.
  • Tracing XHG's Goodwill & Intangibles over 4 years: stood at $31.2 million in 2021, then sank by 93.69% to $2.0 million in 2022, then jumped by 6304.1% to $126.2 million in 2024, then plunged by 97.35% to $3.3 million in 2025.
  • According to Business Quant data, Goodwill & Intangibles over the past three periods registered $3.3 million, $8.9 million, and $126.2 million for Q3 2025, Q1 2025, and Q3 2024 respectively.

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 🔒
DateValue
Sep 30, 2025 3.35 Mn
Mar 31, 2025 8.94 Mn
Sep 30, 2024 126.16 Mn
Mar 31, 2024 177.86 Mn
Sep 30, 2022 1.97 Mn
Mar 31, 2022 3.62 Mn
Sep 30, 2021 31.23 Mn
Mar 31, 2021 24.25 Mn
Sep 30, 2020 32.09 Mn
Mar 31, 2020 132,684.45
Sep 30, 2019 178,050.44
Sep 30, 2018 181,180.16