Growth Metrics

Waterdrop (WDH) EBITDA (2020 - 2025)

Waterdrop's quarterly EBITDA came in at $14.4 million in Q4 2025, down 30.78% year-on-year from $20.7 million in Q4 2024, and down 33.13% quarter-over-quarter from $21.5 million in Q3 2025.

Waterdrop has reported EBITDA for 6 years, with the latest figure at $14.4 million in Q4 2025.

  • For the quarter ending Q4 2025, EBITDA fell 30.78% year-over-year to $14.4 million; the trailing twelve-month figure through Dec 2025 stood at $63.0 million (up 24.78% YoY), and the FY2025 full-year result was $64.8 million, up 23.48% from the prior year.
  • EBITDA for Q4 2025 stood at $14.4 million, down from $21.5 million in the prior quarter.
  • The five-year high for EBITDA was $43.9 million in Q2 2022, with the low at -$103.1 million in Q2 2021.
  • Average EBITDA over 5 years is $38000.0, with a median of $12.1 million recorded in 2022.
  • Year-over-year, EBITDA sank 18942.53% in 2021 and jumped 1144.12% in 2025.
  • Tracing WDH's EBITDA over 5 years: stood at -$12.8 million in 2021, then surged by 192.46% to $11.8 million in 2022, then plunged by 80.29% to $2.3 million in 2023, then soared by 789.49% to $20.7 million in 2024, then sank by 30.78% to $14.4 million in 2025.
  • The last three EBITDA figures came in at $14.4 million (Q4 2025), $21.5 million (Q3 2025), and $12.3 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 American International 39.62 Bn 784.91 Mn 2.60 Bn 712.00 Mn
2 Hartford Insurance 34.97 Bn 25.91 Bn 2.15 Bn 739.00 Mn
3 Aegon 34.55 Bn 34.55 Bn - 1.98 Bn
4 Arch Capital 31.37 Bn 30.45 Bn 4.02 Bn 611.00 Mn
5 Fidelis Insurance Holdings 2.04 Bn 2.04 Bn 386.80 Mn 86.50 Mn
6 International General Insurance Holdings 1.03 Bn 811.79 Mn 70.90 Mn 174.60 Mn
7 Waterdrop 762.05 Mn 690.71 Mn 129.34 Mn 14.35 Mn
8 Exzeo 1.28 Mn -230.11 Mn 32.74 Mn 2.51 Mn
9 Sun Life Financial 43.53 -7.92 Bn - 460.86 Mn
10 Sun Life Financial - - - 460.86 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 14.35 Mn
Sep 30, 2025 21.46 Mn
Jun 30, 2025 12.31 Mn
Mar 31, 2025 14.86 Mn
Dec 31, 2024 20.73 Mn
Sep 30, 2024 1.73 Mn
Jun 30, 2024 13.38 Mn
Mar 31, 2024 14.64 Mn
Dec 31, 2023 2.33 Mn
Sep 30, 2023 6.21 Mn
Jun 30, 2023 11.40 Mn
Mar 31, 2023 8.02 Mn
Dec 31, 2022 11.83 Mn
Sep 30, 2022 37.07 Mn
Jun 30, 2022 43.89 Mn
Mar 31, 2022 15.50 Mn
Dec 31, 2021 -12.79 Mn
Sep 30, 2021 -76.25 Mn
Jun 30, 2021 -103.13 Mn
Mar 31, 2021 -56.76 Mn
Dec 31, 2020 -60.82 Mn
Sep 30, 2020 -22.58 Mn
Jun 30, 2020 547,315.14
Mar 31, 2020 -17.29 Mn