XChange TEC.INC (XHG) Total Debt (2018 - 2026)
XChange TEC.INC (XHG) recorded quarterly Total Debt of $98.4 million in Q1 2026, up 0.53% on a QoQ basis from $97.9 million in Q3 2025, and down 33.75% YoY from $148.5 million in Q1 2025.
Analysis
XChange TEC.INC (XHG) Total Debt (2018 - 2026) Analysis & Trends
XChange TEC.INC (XHG) has reported Total Debt for 9 consecutive years, with $98.4 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Total Debt fell 33.75% year-over-year to $98.4 million; the trailing twelve-month figure through Mar 2026 stood at $98.4 million (down 33.75% YoY), and the FY2025 full-year result was $97.9 million, down 36.26% from the prior year.
- Total Debt was $98.4 million for Q1 2026 at XChange TEC.INC, up from $97.9 million in the prior quarter.
- The five-year high for Total Debt was $188.5 million in Q1 2024, with the low at $1.6 million in Q3 2022.
- Historically, Total Debt has averaged $98.5 million across 5 years, with a median of $98.4 million in 2026.
- Annual changes were most pronounced in 2022 — Total Debt slumped 99.07% — and 2024, when it jumped 2177.39%.
- Tracing XHG's Total Debt over 5 years: stood at $1.6 million in 2022, then surged by 336.1% to $6.8 million in 2023, then jumped by 2177.39% to $154.0 million in 2024, then plunged by 36.46% to $97.9 million in 2025, then increased by 0.53% to $98.4 million in 2026.
- Per Business Quant data, the three most recent Total Debt figures were $98.4 million in Q1 2026, $97.9 million in Q3 2025, and $148.5 million in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 84.93 Bn | 72.72 Bn | 6.04 Bn | 21.21 Bn |
| 2 | Aon | 65.36 Bn | 64.09 Bn | - | 14.97 Bn |
| 3 | Arthur J. Gallagher | 62.59 Bn | 61.21 Bn | - | 15.00 Bn |
| 4 | Willis Towers Watson | 29.68 Bn | 28.01 Bn | 2.09 Bn | 6.53 Bn |
| 5 | Brown & Brown | 22.11 Bn | 21.19 Bn | 1.41 Bn | 7.76 Bn |
| 6 | XChange TEC.INC | 16.54 Bn | 16.54 Bn | - | 98.39 Mn |
| 7 | Erie Indemnity | 11.13 Bn | 10.78 Bn | - | - |
| 8 | Ryan Specialty Holdings | 4.86 Bn | 4.72 Bn | - | 3.63 Bn |
| 9 | Neptune Insurance Holdings | 4.29 Bn | 4.27 Bn | - | 240.00 Mn |
| 10 | Baldwin Insurance | 2.71 Bn | 2.53 Bn | - | 2.27 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 98.39 Mn |
| Sep 30, 2025 | 97.88 Mn |
| Mar 31, 2025 | 148.52 Mn |
| Sep 30, 2024 | 154.04 Mn |
| Mar 31, 2024 | 188.50 Mn |
| Sep 30, 2023 | 6.76 Mn |
| Mar 31, 2023 | 20.61 Mn |
| Sep 30, 2022 | 1.55 Mn |
| Mar 31, 2022 | 170.59 Mn |
| Sep 30, 2021 | 165.96 Mn |
| Mar 31, 2021 | 188.33 Mn |
| Sep 30, 2020 | 178.24 Mn |
| Mar 31, 2020 | 130.20 Mn |
| Sep 30, 2019 | 107.58 Mn |
| Sep 30, 2018 | 48.49 Mn |