XChange TEC.INC (XHG) Retained Earnings (2018 - 2025)

XChange TEC.INC (XHG) reported Retained Earnings of -$643.4 million for Q3 2025, down 4448.43% year-on-year from $14.8 million in Q3 2024, and down 2.97% quarter-over-quarter from -$624.9 million in Q1 2025.

XChange TEC.INC (XHG) has 8 years of Retained Earnings data on file, last reported at -$643.4 million in Q3 2025.

  • For the quarter ending Q3 2025, Retained Earnings fell 4448.43% year-over-year to -$643.4 million; the trailing twelve-month figure through Sep 2025 stood at -$643.4 million (down 4448.43% YoY), and the FY2025 full-year result was $11.2 million, down 25.65% from the prior year.
  • Retained Earnings for Q3 2025 stood at -$643.4 million, down from -$624.9 million in the prior quarter.
  • Across five years, Retained Earnings topped out at $14.8 million in Q3 2024 and bottomed at -$729.1 million in Q1 2022.
  • A 5-year average of -$409.5 million and a median of -$522.4 million in 2022 frame the typical range for Retained Earnings.
  • Across the five-year window, Retained Earnings slumped 8778.2% in 2022 and soared 321.02% in 2024, its largest moves.
  • Tracing XHG's Retained Earnings over 5 years: stood at $6.0 million in 2021, then slumped by 8778.2% to -$520.3 million in 2022, then jumped by 100.68% to $3.5 million in 2023, then surged by 321.02% to $14.8 million in 2024, then plunged by 4448.43% to -$643.4 million in 2025.
  • According to Business Quant data, Retained Earnings over the past three periods registered -$643.4 million, -$624.9 million, and $14.8 million for Q3 2025, Q1 2025, and Q3 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Aon 69.60 Bn 68.21 Bn - -3.93 Bn
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn - -566.00 Mn
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn -2.87 Bn
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn 128.00 Mn
5 XChange TEC.INC 6.95 Bn 6.95 Bn - -643.43 Mn
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn -1.54 Bn
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn 982.40 Mn
8 Baldwin Insurance 1.84 Bn 2.28 Bn - 2.74 Mn
9 Goosehead Insurance 1.01 Bn 899.53 Mn - -128.47 Mn
10 Twfg 279.02 Mn 351.22 Mn - 26,000.00

Historic Data

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DateValue
Sep 30, 2025 -643.43 Mn
Mar 31, 2025 -624.87 Mn
Sep 30, 2024 14.80 Mn
Mar 31, 2024 -449.09 Mn
Sep 30, 2023 3.51 Mn
Mar 31, 2023 -524.49 Mn
Sep 30, 2022 -520.28 Mn
Mar 31, 2022 -729.09 Mn
Sep 30, 2021 6.00 Mn
Mar 31, 2021 -628.45 Mn
Sep 30, 2020 2.65 Mn
Mar 31, 2020 -380.29 Mn
Sep 30, 2019 -324.70 Mn
Sep 30, 2018 -217.43 Mn