Waterdrop (WDH) reported $569M in revenue for fiscal 2025, +49.8% year on year. That ranks #2131 by revenue among 2853 SEC filers and #234 in Financials. Net income was $80.8M, a net margin of 14.2%. Revenue has grown 3.1% a year on average since 2021 ($503M then). The fiscal 2025 balance sheet shows $1.0B in total assets and $69.1M in cash.

Key figures

$503M2021$406M2022$371M2023$380M2024$569M2025
Waterdrop — Key figures
Key figuresFY2025YoYSource
RevenueRevenueFromContractWithCustomerExcludingAssessedTax$569M+49.8%FY20252025-12-31
Gross profitNot reported—
Operating incomeOperatingIncomeLoss$53.0M+117.3%FY20252025-12-31
Net incomeProfitLoss$80.8M+68.1%FY20252025-12-31
Operating cash flowNetCashProvidedByUsedInOperatingActivities$34.9M−41.8%FY20252025-12-31
Capital expenditurePaymentsToAcquirePropertyPlantAndEquipment$4.2M−85.8%FY20252025-12-31
Total assetsAssets$1.0B+14.8%FY20252025-12-31
Shareholders' equityStockholdersEquity$737M+12.1%FY20252025-12-31
CashCashAndCashEquivalentsAtCarryingValue$69.1M−48.9%FY20252025-12-31
Long-term debtNot reported—

Revenue is total net sales for the fiscal year, taken from each company's own annual filing.

Profile

Legal name
Waterdrop Inc.
Ticker
WDH
Exchange
NYSE
SIC classification
Insurance Agents, Brokers & Service (6411)
Fiscal year end
12-31
CIK
0001823986

Filings

Similar in size, same sector

CompanyRevenueNet income
Bank of N.T. Butterfield & SonNTB$607M$232M
World AcceptanceWRLD$585M$34.6M
WebullBULL$571M$24.8M
WaterdropWDH$569M$80.8M
Digital TurbineAPPS$565M−$37.7M
Acadian Asset ManagementAAMI$564M$80.0M
GCM GrosvenorGCMG$558M$45.4M

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Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Waterdrop — Key figures |url=https://companiesranked.com/en/company/waterdrop |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Waterdrop — Key figures. CompaniesRanked. https://companiesranked.com/en/company/waterdrop

BibTeX

@misc{companiesranked-en-company-waterdrop-2026,
  author       = {{CompaniesRanked}},
  title        = {{Waterdrop — Key figures}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/waterdrop}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 20-F · 0001104659-26-049772 · April 28, 2026

{{cite web |title=Waterdrop — Key figures — 20-F (0001104659-26-049772) |url=https://www.sec.gov/Archives/edgar/data/1823986/000110465926049772/wdh-20251231x20f.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-04-28}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.