XChange TEC.INC (XHG) Operating Leases (2023 - 2025)

XChange TEC.INC (XHG) recorded quarterly Operating Leases of $49320.4 in Q3 2025, down 11.93% on a QoQ basis from $56000.0 in Q1 2025, and down 39.78% year-over-year from $81904.0 in Q3 2024.

XChange TEC.INC (XHG) Operating Leases (2023 - 2025) Analysis & Trends

XChange TEC.INC has disclosed Operating Leases across 3 years of filings, most recently posting $49320.4 for Q3 2025.

  • Quarterly Operating Leases fell 39.78% year-over-year to $49320.4 in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $49320.4 (down 39.78% YoY) and the FY2025 annual result came in at $50000.0, down 40.48% from the prior year.
  • Operating Leases retreated to $49320.4 in Q3 2025, from $56000.0 in the prior quarter.
  • Over five years, Operating Leases peaked at $27.5 million in Q1 2023 and troughed at $48000.0 in Q1 2024.
  • A 3-year average of $5.5 million and a median of $56000.0 in 2025 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2024 — Operating Leases tumbled 99.83% — and 2025, when it gained 16.67%.
  • Tracing XHG's Operating Leases over 3 years: stood at $27.5 million in 2023, then tumbled by 99.7% to $81904.0 in 2024, then slumped by 39.78% to $49320.4 in 2025.
  • Business Quant data shows XHG's Operating Leases at $49320.4 in Q3 2025, $56000.0 in Q1 2025, and $81904.0 in Q3 2024.

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
DateValue
Sep 30, 2025 49,320.42
Mar 31, 2025 56,000.00
Sep 30, 2024 81,904.01
Mar 31, 2024 48,000.00
Mar 31, 2023 27.51 Mn