XChange TEC.INC (XHG) Shares Outstanding (Diluted Average) (2020 - 2025)

XChange TEC.INC (XHG) recorded quarterly Shares Outstanding (Diluted Average) of $7.0 billion in Q3 2025, up 21021.85% on a QoQ basis from $33.2 million in Q3 2024, and up 21021.85% year-over-year from N/an in Q3 2024.

XChange TEC.INC (XHG) Shares Outstanding (Diluted Average) (2020 - 2025) Analysis & Trends

XChange TEC.INC has disclosed Shares Outstanding (Diluted Average) across 6 years of filings, most recently posting $7.0 billion for Q3 2025.

  • Quarterly Shares Outstanding (Diluted Average) rose 21021.85% year-over-year to $7.0 billion in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $7.0 billion (up 21021.85% YoY) and the FY2025 annual result came in at $7.0 billion, up 20934.57% from the prior year.
  • Shares Outstanding (Diluted Average) improved to $7.0 billion in Q3 2025, from $33.2 million in the prior quarter.
  • Over five years, Shares Outstanding (Diluted Average) peaked at $150.0 billion in Q3 2022 and troughed at $22.06 in Q1 2022.
  • A 5-year average of $26.2 billion and a median of $4.0 billion in 2024 frame the typical range for Shares Outstanding (Diluted Average).
  • Annual changes were most pronounced in 2023 — Shares Outstanding (Diluted Average) sank 100.0% — and 2025, when it jumped 21021.85%.
  • Tracing XHG's Shares Outstanding (Diluted Average) over 5 years: stood at $22.6 billion in 2021, then surged by 564.23% to $150.0 billion in 2022, then plunged by 100.0% to $3.9 million in 2023, then surged by 757.21% to $33.2 million in 2024, then soared by 21021.85% to $7.0 billion in 2025.
  • Business Quant data shows XHG's Shares Outstanding (Diluted Average) at $7.0 billion in Q3 2025, $33.2 million in Q3 2024, and $4.0 billion in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 486.00 Mn
2 Aon 69.98 Bn 68.59 Bn - 215.40 Mn
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 - 7.02 Bn
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 145.76 Mn
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn -
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn 221.98 Mn
10 Baldwin Insurance 1.62 Bn 2.07 Bn - 96.83 Mn

Historic Data

Download Data
DateValue
Sep 30, 2025 7.02 Bn
Sep 30, 2024 33.24 Mn
Mar 31, 2024 3.97 Bn
Sep 30, 2023 3.88 Mn
Sep 30, 2022 149.98 Bn
Mar 31, 2022 22.06
Sep 30, 2021 22.58 Bn
Sep 30, 2020 195.21 Mn