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| Date | Value |
|---|---|
| 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 |