Waterdrop (WDH) Change in Taxes (2020 - 2025)

Waterdrop (WDH) recorded quarterly Change in Taxes of $6.2 million in Q4 2025, down 43.64% quarter-over-quarter from $11.0 million in Q3 2025, and down 47.31% on a YoY basis from $11.7 million in Q4 2024.

Waterdrop (WDH) Change in Taxes (2020 - 2025) Analysis & Trends

Waterdrop's Change in Taxes history runs 6 years deep, the most recent figure standing at $6.2 million for Q4 2025.

  • In Q4 2025, Change in Taxes fell 47.31% year-over-year to $6.2 million; the TTM figure through Dec 2025 stood at $6.2 million (down 47.31% YoY), while the FY2025 annual figure was $6.3 million, down 45.69% from the prior year.
  • Change in Taxes was $6.2 million for Q4 2025 at Waterdrop, down from $11.0 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $23.2 million in Q1 2021 to a low of $2.1 million in Q2 2021.
  • Historically, Change in Taxes has averaged $8.1 million across 5 years, with a median of $7.5 million in 2022.
  • The sharpest annual moves came in 2021 and 2024: Change in Taxes sank 93.78% in 2021, then soared 507.58% in 2024.
  • A 5-year view of Change in Taxes shows it stood at $2.1 million in 2021, then jumped by 97.04% to $4.2 million in 2022, then surged by 143.78% to $10.2 million in 2023, then grew by 15.11% to $11.7 million in 2024, then sank by 47.31% to $6.2 million in 2025.
  • The last three Change in Taxes figures came in at $6.2 million (Q4 2025), $11.0 million (Q3 2025), and $12.2 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 American International 39.85 Bn 1.02 Bn 2.60 Bn 128.00 Mn
2 Hartford Insurance 35.40 Bn 26.34 Bn 2.15 Bn -
3 Arch Capital 32.21 Bn 31.30 Bn 4.02 Bn -
4 Brookfield Wealth Solutions 9.95 Bn -3.21 Bn 4.62 Bn -
5 FIHL 2.04 Bn 2.04 Bn - -
6 International General Insurance Holdings 1.03 Bn 811.79 Mn 111.10 Mn -
7 Waterdrop 632.07 Mn 560.72 Mn 129.34 Mn 6.18 Mn
8 Sun Life Financial 48.32 Mn -8.02 Bn - -
9 Exzeo 1.16 Mn -230.22 Mn 32.74 Mn 6.94 Mn
10 Aegon 5,067.42 5,067.42 - -

Historic Data

Download Data
DateValue
Dec 31, 2025 6.18 Mn
Dec 31, 2025 6.18 Mn
Sep 30, 2025 10.96 Mn
Sep 30, 2025 10.96 Mn
Jun 30, 2025 12.23 Mn
Jun 30, 2025 12.23 Mn
Mar 31, 2025 12.63 Mn
Mar 31, 2025 12.63 Mn
Dec 31, 2024 11.72 Mn
Dec 31, 2024 11.72 Mn
Sep 30, 2024 12.21 Mn
Sep 30, 2024 12.21 Mn
Jun 30, 2024 13.15 Mn
Jun 30, 2024 13.15 Mn
Mar 31, 2024 11.41 Mn
Mar 31, 2024 11.41 Mn
Dec 31, 2023 10.18 Mn
Dec 31, 2023 10.18 Mn
Sep 30, 2023 6.64 Mn
Sep 30, 2023 6.64 Mn