XChange TEC.INC XHG
NASDAQ XHG
$2.33 -0.05 (-2.10%)
At close: Sep 22, 2026 · 4:00 PM EDT

XChange TEC.INC (XHG) Total Liabilities (2018 - 2026)

XChange TEC.INC (XHG) recorded quarterly Total Liabilities of $135.8 million in Q1 2026, up 2.33% on a QoQ basis from $132.7 million in Q3 2025, and down 25.94% YoY from $183.3 million in Q1 2025.

Analysis

XChange TEC.INC (XHG) Total Liabilities (2018 - 2026) Analysis & Trends

XChange TEC.INC (XHG) has reported Total Liabilities for 9 consecutive years, with $135.8 million the latest figure, recorded in Q1 2026.

  • For the quarter ending Q1 2026, Total Liabilities fell 25.94% year-over-year to $135.8 million; the trailing twelve-month figure through Mar 2026 stood at $135.8 million (down 25.94% YoY), and the FY2025 full-year result was $133.4 million, down 30.12% from the prior year.
  • Total Liabilities was $135.8 million for Q1 2026 at XChange TEC.INC, up from $132.7 million in the prior quarter.
  • The five-year high for Total Liabilities was $452.4 million in Q1 2022, with the low at $3.5 million in Q4 2023.
  • Historically, Total Liabilities has averaged $167.4 million across 5 years, with a median of $149.7 million in 2023.
  • Annual changes were most pronounced in 2022 — Total Liabilities slumped 77.92% — and 2024, when it soared 85.42%.
  • Tracing XHG's Total Liabilities over 5 years: stood at $97.7 million in 2022, then tumbled by 96.45% to $3.5 million in 2023, then jumped by 5286.89% to $186.9 million in 2024, then fell by 29.01% to $132.7 million in 2025, then climbed by 2.33% to $135.8 million in 2026.
  • Per Business Quant data, the three most recent Total Liabilities figures were $135.8 million in Q1 2026, $132.7 million in Q3 2025, and $183.3 million in Q1 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Liabilities (Qtr)
1 Marsh & Mclennan Companies 81.24 Bn 69.29 Bn 6.04 Bn 44.25 Bn
2 Aon 60.67 Bn 59.43 Bn - 43.64 Bn
3 Arthur J. Gallagher 59.09 Bn 57.73 Bn - 58.06 Bn
4 Willis Towers Watson 28.02 Bn 26.44 Bn 2.09 Bn 22.79 Bn
5 Brown & Brown 20.61 Bn 19.72 Bn 1.41 Bn 948.00 Mn
6 XChange TEC.INC 11.95 Bn 11.95 Bn - 135.76 Mn
7 Erie Indemnity 10.83 Bn 10.48 Bn - 1.09 Bn
8 Ryan Specialty Holdings 9.82 Bn 10.19 Bn - 10.95 Bn
9 Hagerty 4.67 Bn 4.81 Bn 244.11 Mn 1.41 Bn
10 Baldwin Insurance 4.45 Bn 4.81 Bn - 4.75 Bn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 135.76 Mn
Sep 30, 2025 132.67 Mn
Mar 31, 2025 183.31 Mn
Sep 30, 2024 186.89 Mn
Mar 31, 2024 217.00 Mn
Dec 28, 2023 3.47 Mn
Sep 30, 2023 100.79 Mn
Mar 31, 2023 163.69 Mn
Sep 30, 2022 97.72 Mn
Mar 31, 2022 452.39 Mn
Sep 30, 2021 442.49 Mn
Mar 31, 2021 445.88 Mn
Sep 30, 2020 411.07 Mn
Mar 31, 2020 348.83 Mn
Sep 30, 2019 372.45 Mn
Sep 30, 2018 376.56 Mn
API Access

XChange TEC.INC Total Liabilities API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=total-liabilities&ticker=XHG&period=max&api_key=YOUR_API_KEY