WDH
Waterdrop Inc ADR
NYSE: WDH · FINANCIAL SERVICES · INSURANCE - DIVERSIFIED
$1.68
+0.00% today
Updated 2026-04-30
Market cap
$623.51M
P/E ratio
7.68
P/S ratio
0.16x
EPS (TTM)
$0.22
Dividend yield
3.55%
52W range
$1 – $2
Volume
0.2M
Waterdrop Inc ADR (WDH) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $238.15M | $1.51B | $3.03B | $3.21B | $2.80B | $2.63B | $2.77B | $3.87B |
| Revenue growth (YoY) | — | +534.5% | +100.4% | +5.9% | -12.6% | -6.1% | +5.4% | +39.6% |
| Cost of revenue | $45.93M | $291.31M | $742.26M | $1.35B | $1.34B | $1.59B | $1.31B | $1.89B |
| Gross profit | $192.22M | $1.22B | $2.29B | $1.86B | $1.47B | $1.04B | $1.46B | $1.98B |
| Gross margin | 80.7% | 80.7% | 75.5% | 57.9% | 52.3% | 39.7% | 52.6% | 51.1% |
| R&D | $69.20M | $214.65M | $244.23M | $378.99M | $291.29M | $299.06M | $216.50M | $226.34M |
| SG&A | $126.24M | $143.00M | $407.17M | $530.52M | $388.65M | $402.39M | $367.65M | $1.43B |
| Operating income | $-188.16M | $-194.48M | $-496.25M | $-1.86B | $477.99M | $-6.74M | $178.16M | $360.75M |
| Operating margin | -79.0% | -12.9% | -16.4% | -58.1% | 17.1% | -0.3% | 6.4% | 9.3% |
| EBITDA | $-186.18M | $-187.79M | $-483.18M | $-1.84B | $500.96M | $6.81M | $191.71M | $360.75M |
| EBITDA margin | -78.2% | -12.4% | -16.0% | -57.5% | 17.9% | 0.3% | 6.9% | 9.3% |
| EBIT | $-188.16M | $-194.48M | $-496.25M | $-1.86B | $477.99M | $-6.74M | $178.16M | — |
| Interest expense | $2.43M | $19.63M | $269.49M | $95.22M | $81.71M | — | — | — |
| Income tax | $21.50M | $142.53M | $50.16M | $-220.99M | $22.98M | $555000.00 | $9.71M | — |
| Effective tax rate | -11.5% | -79.6% | -8.2% | 12.3% | 3.6% | 0.3% | 2.6% | 0.0% |
| Net income | $-209.19M | $-321.54M | $-663.87M | $-1.57B | $607.72M | $167.22M | $367.51M | $553.44M |
| Net income growth (YoY) | — | -53.7% | -106.5% | -137.1% | +138.6% | -72.5% | +119.8% | +50.6% |
| Profit margin | -87.8% | -21.3% | -21.9% | -49.1% | 21.7% | 6.4% | 13.3% | 14.3% |