XChange TEC.INC XHG
NASDAQ XHG
$3.02 -0.12 (-3.82%)
At close: Sep 11, 2026 · 4:00 PM EDT

XChange TEC.INC (XHG) Share-based Compensation (2020 - 2025)

XChange TEC.INC (XHG) recorded quarterly Share-based Compensation of $576.8 million in Q3 2025, little changed on a QoQ basis from $576.0 million in Q3 2024, and little changed YoY from $576.0 million in Q3 2024.

Analysis

XChange TEC.INC (XHG) Share-based Compensation (2020 - 2025) Analysis & Trends

XChange TEC.INC (XHG) has reported Share-based Compensation for 6 consecutive years, with $576.8 million the latest figure, recorded in Q3 2025.

  • For the quarter ending Q3 2025, Share-based Compensation changed 0.13% year-over-year to $576.8 million; the trailing twelve-month figure through Sep 2025 stood at $576.8 million (changed 0.13% YoY), and the FY2025 full-year result was $576.8 million, up 161456.36% from the prior year.
  • Share-based Compensation was $576.8 million for Q3 2025 at XChange TEC.INC, roughly flat from $576.0 million in the prior quarter.
  • The five-year high for Share-based Compensation was $576.8 million in Q3 2025, with the low at $6.0 million in Q3 2022.
  • Historically, Share-based Compensation has averaged $451.6 million across 5 years, with a median of $570.7 million in 2023.
  • Annual changes were most pronounced in 2022 — Share-based Compensation tumbled 98.86% — and 2023, when it jumped 9356.09%.
  • Tracing XHG's Share-based Compensation over 5 years: stood at $528.7 million in 2021, then tumbled by 98.86% to $6.0 million in 2022, then jumped by 9356.09% to $570.7 million in 2023, then grew by 0.93% to $576.0 million in 2024, then grew by 0.13% to $576.8 million in 2025.
  • Per Business Quant data, the three most recent Share-based Compensation figures were $576.8 million in Q3 2025, $576.0 million in Q3 2024, and $570.7 million in Q3 2023.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Marsh & Mclennan Companies 85.11 Bn 72.91 Bn 6.04 Bn 96.00 Mn
2 Aon 64.77 Bn 63.50 Bn - 111.00 Mn
3 Arthur J. Gallagher 61.87 Bn 60.48 Bn - 125.00 Mn
4 Willis Towers Watson 29.66 Bn 28.00 Bn 2.09 Bn 67.00 Mn
5 Brown & Brown 22.09 Bn 21.17 Bn 1.41 Bn 86.00 Mn
6 XChange TEC.INC 15.59 Bn 15.59 Bn - -
7 Erie Indemnity 11.31 Bn 10.96 Bn - 2.26 Mn
8 Ryan Specialty Holdings 4.78 Bn 4.64 Bn - 57.26 Mn
9 Neptune Insurance Holdings 4.32 Bn 4.31 Bn - 6.95 Mn
10 Baldwin Insurance 2.75 Bn 2.56 Bn - 20.70 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2025 576.76 Mn
Sep 30, 2024 575.98 Mn
Sep 30, 2023 570.69 Mn
Sep 30, 2022 6.04 Mn
Sep 30, 2021 528.67 Mn
Sep 30, 2020 6.03 Mn