Forum Discussion
Excel xlookup issues after upgrade to version 2509
hi Debra1070 I’ve seen similar reports since the Excel version 2509 update, where XLOOKUP no longer correctly resolves external file references (even when files are in the same folder).
A few things you can try while Microsoft investigates:
Check the formula path – open both files side by side and reselect the external range. Sometimes Excel 2509 changes how relative paths are stored.
Use full path references temporarily (e.g., 'C:\Users\...\Documents\[Warehouse addresses.xlsx]Sheet1'!A:E) to confirm the issue is path-related.
Save and reopen both files – XLOOKUP sometimes fails to re-establish the link until both workbooks are actively open.
Try the legacy LOOKUP/VLOOKUP as a test – this helps confirm if the problem is specific to XLOOKUP’s new link handling.
Rollback to version 2508 or 2507 if it’s blocking critical work (File → Account → Update Options → View Updates → Roll Back).
You can also submit feedback directly from Excel via Help → Feedback → I have a suggestion so the product team can track the regression.