Waterdrop (WDH) Intangibles (2020 - 2025)
Waterdrop (WDH) recorded quarterly Intangibles of $28.6 million in Q4 2025, up 33.24% quarter-over-quarter from $21.5 million in Q3 2025, and up 15.02% on a YoY basis from $24.9 million in Q4 2024.
Waterdrop (WDH) Intangibles (2020 - 2025) Analysis & Trends
Waterdrop's Intangibles history runs 6 years deep, the most recent figure standing at $28.6 million for Q4 2025.
- In Q4 2025, Intangibles rose 15.02% year-over-year to $28.6 million; the TTM figure through Dec 2025 stood at $28.6 million (up 15.02% YoY), while the FY2025 annual figure was $25.3 million, up 20.84% from the prior year.
- Intangibles was $28.6 million for Q4 2025 at Waterdrop, up from $21.5 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $28.6 million in Q4 2025 to a low of $7.8 million in Q2 2023.
- Historically, Intangibles has averaged $16.0 million across 5 years, with a median of $15.0 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Intangibles surged 206.28% in 2024, then fell 12.36% in 2025.
- A 5-year view of Intangibles shows it stood at $8.9 million in 2021, then declined by 8.4% to $8.1 million in 2022, then soared by 203.02% to $24.6 million in 2023, then climbed by 0.98% to $24.9 million in 2024, then increased by 15.02% to $28.6 million in 2025.
- The last three Intangibles figures came in at $28.6 million (Q4 2025), $21.5 million (Q3 2025), and $21.3 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | American International | 39.85 Bn | 1.02 Bn | 2.60 Bn | - |
| 2 | Hartford Insurance | 35.40 Bn | 26.34 Bn | 2.15 Bn | 549.00 Mn |
| 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 | 1.63 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 | 28.62 Mn |
| 8 | Sun Life Financial | 48.32 Mn | -8.02 Bn | - | 3.78 Bn |
| 9 | Exzeo | 1.16 Mn | -230.22 Mn | 32.74 Mn | - |
| 10 | Aegon | 5,067.42 | 5,067.42 | - | 604.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 28.62 Mn |
| Sep 30, 2025 | 21.48 Mn |
| Jun 30, 2025 | 21.35 Mn |
| Mar 31, 2025 | 21.08 Mn |
| Dec 31, 2024 | 24.88 Mn |
| Sep 30, 2024 | 21.81 Mn |
| Jun 30, 2024 | 23.89 Mn |
| Mar 31, 2024 | 24.05 Mn |
| Dec 31, 2023 | 24.64 Mn |
| Sep 30, 2023 | 24.33 Mn |
| Jun 30, 2023 | 7.80 Mn |
| Mar 31, 2023 | 8.24 Mn |
| Dec 31, 2022 | 8.13 Mn |
| Sep 30, 2022 | 7.96 Mn |
| Jun 30, 2022 | 8.46 Mn |
| Mar 31, 2022 | 8.95 Mn |
| Dec 31, 2021 | 8.88 Mn |
| Sep 30, 2021 | 8.93 Mn |
| Jun 30, 2021 | 8.80 Mn |
| Mar 31, 2021 | 8.67 Mn |