Growth Metrics

Waterdrop (WDH) Accumulated Expenses (2021 - 2025)

Waterdrop's quarterly Accumulated Expenses came in at $160.8 million in Q4 2025, up 64.05% year-on-year from $98.0 million in Q4 2024, and up 32.79% quarter-over-quarter from $121.1 million in Q3 2025.

Waterdrop has reported Accumulated Expenses for 5 years, with the latest figure at $160.8 million in Q4 2025.

  • For the quarter ending Q4 2025, Accumulated Expenses rose 64.05% year-over-year to $160.8 million; the trailing twelve-month figure through Dec 2025 stood at $160.8 million (up 64.05% YoY), and the FY2025 full-year result was $163.1 million, up 69.08% from the prior year.
  • Accumulated Expenses for Q4 2025 stood at $160.8 million, up from $121.1 million in the prior quarter.
  • The five-year high for Accumulated Expenses was $160.8 million in Q4 2025, with the low at $11.2 million in Q4 2021.
  • Average Accumulated Expenses over 5 years is $93.9 million, with a median of $94.0 million recorded in 2021.
  • Peak annual rise in Accumulated Expenses reached 633.28% in 2022, while the deepest fall reached 46.46% in 2022.
  • Tracing WDH's Accumulated Expenses over 5 years: stood at $11.2 million in 2021, then soared by 633.28% to $82.1 million in 2022, then advanced by 1.07% to $83.0 million in 2023, then grew by 18.07% to $98.0 million in 2024, then surged by 64.05% to $160.8 million in 2025.
  • The last three Accumulated Expenses figures came in at $160.8 million (Q4 2025), $121.1 million (Q3 2025), and $101.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 American International 39.62 Bn 784.91 Mn 2.60 Bn
2 Hartford Insurance 34.97 Bn 25.91 Bn 2.15 Bn
3 Aegon 34.55 Bn 34.55 Bn -
4 Arch Capital 31.37 Bn 30.45 Bn 4.02 Bn
5 Fidelis Insurance Holdings 2.04 Bn 2.04 Bn 386.80 Mn
6 International General Insurance Holdings 1.03 Bn 811.79 Mn 70.90 Mn
7 Waterdrop 762.05 Mn 690.71 Mn 129.34 Mn
8 Exzeo 1.28 Mn -230.11 Mn 32.74 Mn
9 Sun Life Financial 43.53 -7.92 Bn -
10 Sun Life Financial - - -

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 160.79 Mn
Sep 30, 2025 121.09 Mn
Jun 30, 2025 101.09 Mn
Mar 31, 2025 109.06 Mn
Dec 31, 2024 98.01 Mn
Sep 30, 2024 103.26 Mn
Jun 30, 2024 89.70 Mn
Mar 31, 2024 109.51 Mn
Dec 31, 2023 83.01 Mn
Sep 30, 2023 92.08 Mn
Jun 30, 2023 86.52 Mn
Mar 31, 2023 77.95 Mn
Dec 31, 2022 82.13 Mn
Sep 30, 2022 81.44 Mn
Jun 30, 2022 69.20 Mn
Mar 31, 2022 70.63 Mn
Dec 31, 2021 11.20 Mn
Sep 30, 2021 95.84 Mn
Jun 30, 2021 129.24 Mn
Mar 31, 2021 107.24 Mn