XChange TEC.INC (XHG) Retained Earnings (2018 - 2026)
XChange TEC.INC (XHG) recorded quarterly Retained Earnings of -$670.2 million in Q1 2026, down 4.16% on a QoQ basis from -$643.4 million in Q3 2025, and down 7.26% YoY from -$722.6 million in Q1 2025.
Analysis
XChange TEC.INC (XHG) Retained Earnings (2018 - 2026) Analysis & Trends
XChange TEC.INC (XHG) has reported Retained Earnings for 9 consecutive years, with -$670.2 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Retained Earnings fell 7.26% year-over-year to -$670.2 million; the trailing twelve-month figure through Mar 2026 stood at -$670.2 million (down 7.26% YoY), and the FY2025 full-year result was -$646.9 million, down 17.7% from the prior year.
- Retained Earnings was -$670.2 million for Q1 2026 at XChange TEC.INC, down from -$643.4 million in the prior quarter.
- The five-year high for Retained Earnings was -$449.1 million in Q1 2024, with the low at -$729.1 million in Q1 2022.
- Historically, Retained Earnings has averaged -$577.9 million across 5 years, with a median of -$538.1 million in 2024.
- Annual changes were most pronounced in 2023 — Retained Earnings grew 28.06% — and 2025, when it tumbled 39.14%.
- Tracing XHG's Retained Earnings over 5 years: stood at -$520.3 million in 2022, then increased by 3.54% to -$501.8 million in 2023, then retreated by 7.23% to -$538.1 million in 2024, then retreated by 19.57% to -$643.4 million in 2025, then decreased by 4.16% to -$670.2 million in 2026.
- Per Business Quant data, the three most recent Retained Earnings figures were -$670.2 million in Q1 2026, -$643.4 million in Q3 2025, and -$624.9 million in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 85.11 Bn | 72.91 Bn | 6.04 Bn | 29.30 Bn |
| 2 | Aon | 64.77 Bn | 63.50 Bn | - | -3.99 Bn |
| 3 | Arthur J. Gallagher | 61.87 Bn | 60.48 Bn | - | 6.59 Bn |
| 4 | Willis Towers Watson | 29.66 Bn | 28.00 Bn | 2.09 Bn | -2.85 Bn |
| 5 | Brown & Brown | 22.09 Bn | 21.17 Bn | 1.41 Bn | 7.59 Bn |
| 6 | XChange TEC.INC | 15.59 Bn | 15.59 Bn | - | -670.21 Mn |
| 7 | Erie Indemnity | 11.31 Bn | 10.96 Bn | - | 3.66 Bn |
| 8 | Ryan Specialty Holdings | 4.78 Bn | 4.64 Bn | - | 355.76 Mn |
| 9 | Neptune Insurance Holdings | 4.32 Bn | 4.31 Bn | - | -491.21 Mn |
| 10 | Baldwin Insurance | 2.75 Bn | 2.56 Bn | - | 1.25 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -670.21 Mn |
| Sep 30, 2025 | -643.43 Mn |
| Mar 31, 2025 | -624.87 Mn |
| Sep 30, 2024 | -538.14 Mn |
| Mar 31, 2024 | -449.09 Mn |
| Sep 30, 2023 | -501.84 Mn |
| Mar 31, 2023 | -524.49 Mn |
| Sep 30, 2022 | -520.28 Mn |
| Mar 31, 2022 | -729.09 Mn |
| Sep 30, 2021 | -676.86 Mn |
| Mar 31, 2021 | -628.45 Mn |
| Sep 30, 2020 | -550.40 Mn |
| Mar 31, 2020 | -380.29 Mn |
| Sep 30, 2019 | -324.70 Mn |
| Sep 30, 2018 | -217.43 Mn |