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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |