Waterdrop Inc. (WDH)

Name: Waterdrop Inc. (WDH) annual fundamentals
Creator: TickerFacts
License: https://creativecommons.org/publicdomain/zero/1.0/

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CIK 0001823986 · NYSE · Insurance Agents, Brokers & Service

Sector Finance & Real Estate
Fiscal year ends Dec 31

For the year ended 2025-12-31, Waterdrop Inc. reported revenue of 3.98B CNY. Revenue grew 43.5% from the prior annual period.

Key ratios (year ended 2025-12-31)

9.3%

Operating margin

14.3%

Net margin

11.0%

Return on year-end equity

43.5%

Revenue growth (YoY)

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Latest selected filing: Form 6-K (current report) · 2026-09-08

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

Period ended	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31
Revenue	3.98B CNY	2.77B CNY	2.63B CNY	2.80B CNY	3.21B CNY	3.03B CNY	1.51B CNY
R&D Expense	232.68M CNY	216.50M CNY	299.06M CNY	291.29M CNY	378.99M CNY	244.23M CNY	214.65M CNY
Operating Income	370.86M CNY	178.16M CNY	-6.74M CNY	477.99M CNY	-1.86B CNY	-496.25M CNY	-194.48M CNY
Net Income	568.94M CNY	367.51M CNY	167.22M CNY	607.72M CNY	-1.57B CNY	-663.87M CNY	-321.54M CNY
EPS (Diluted)	0.15 CNY	0.10 CNY	0.04 CNY	0.15 CNY	-0.58 CNY	-0.94 CNY	n/a
Total Assets	7.10B CNY	6.45B CNY	6.15B CNY	5.92B CNY	5.25B CNY	4.71B CNY	n/a
Total Liabilities	1.95B CNY	1.58B CNY	1.47B CNY	1.16B CNY	1.28B CNY	1.52B CNY	n/a
Shareholders' Equity	5.15B CNY	4.80B CNY	4.59B CNY	4.77B CNY	3.97B CNY	-1.66B CNY	-706.32M CNY
Cash & Equivalents	483.00M CNY	986.32M CNY	396.90M CNY	1.57B CNY	817.72M CNY	1.06B CNY	964.48M CNY
Operating Cash Flow	243.92M CNY	437.25M CNY	406.52M CNY	765.71M CNY	-1.10B CNY	-777.11M CNY	-532.89M CNY
Capital Expenditures	29.63M CNY	218.41M CNY	13.52M CNY	11.88M CNY	35.66M CNY	26.71M CNY	13.27M CNY
Free Cash Flow	214.29M CNY	218.84M CNY	392.99M CNY	753.82M CNY	-1.13B CNY	-803.82M CNY	-546.16M CNY
Dividends Paid	130.41M CNY	158.67M CNY	n/a	n/a	n/a	n/a	n/a
Shares Outstanding	3.61B	3.62B	3.70B	3.91B	3.94B	1.20B	n/a
Weighted Average Diluted Shares	3.71B	3.72B	3.88B	4.02B	2.99B	1.17B	n/a
EPS (Basic)	0.16 CNY	0.10 CNY	0.04 CNY	0.15 CNY	-0.58 CNY	-0.94 CNY	n/a

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