Waterdrop (WDH) Net Income (2020 - 2025)
Waterdrop (WDH) recorded quarterly Net Income of $11.3 million in Q4 2025, down 54.92% quarter-over-quarter from $25.0 million in Q3 2025, and down 13.86% on a YoY basis from $13.1 million in Q4 2024.
Waterdrop (WDH) Net Income (2020 - 2025) Analysis & Trends
Waterdrop's Net Income history runs 6 years deep, the most recent figure standing at $11.3 million for Q4 2025.
- In Q4 2025, Net Income fell 13.86% year-over-year to $11.3 million; the TTM figure through Dec 2025 stood at $73.0 million (up 42.17% YoY), while the FY2025 annual figure was $10.1 million, down 78.96% from the prior year.
- Net Income was $11.3 million for Q4 2025 at Waterdrop, down from $25.0 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $32.7 million in Q1 2022 to a low of -$145.9 million in Q2 2021.
- Historically, Net Income has averaged -$3.4 million across 5 years, with a median of $12.6 million in 2023.
- The sharpest annual moves came in 2021 and 2024: Net Income tumbled 3086.61% in 2021, then soared 14060.0% in 2024.
- A 5-year view of Net Income shows it stood at -$9.6 million in 2021, then surged by 293.08% to $18.5 million in 2022, then tumbled by 34.16% to $12.2 million in 2023, then rose by 7.51% to $13.1 million in 2024, then retreated by 13.86% to $11.3 million in 2025.
- The last three Net Income figures came in at $11.3 million (Q4 2025), $25.0 million (Q3 2025), and $18.8 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | American International | 39.85 Bn | 1.02 Bn | 2.60 Bn | 763.00 Mn |
| 2 | Hartford Insurance | 35.40 Bn | 26.34 Bn | 2.15 Bn | 856.00 Mn |
| 3 | Arch Capital | 32.21 Bn | 31.30 Bn | 4.02 Bn | 1.01 Bn |
| 4 | Brookfield Wealth Solutions | 9.95 Bn | -3.21 Bn | 4.62 Bn | -77.00 Mn |
| 5 | FIHL | 2.04 Bn | 2.04 Bn | - | - |
| 6 | International General Insurance Holdings | 1.03 Bn | 811.79 Mn | 111.10 Mn | 22.30 Mn |
| 7 | Waterdrop | 632.07 Mn | 560.72 Mn | 129.34 Mn | 11.25 Mn |
| 8 | Sun Life Financial | 48.32 Mn | -8.02 Bn | - | 385.75 Mn |
| 9 | Exzeo | 1.16 Mn | -230.22 Mn | 32.74 Mn | 20.41 Mn |
| 10 | Aegon | 5,067.42 | 5,067.42 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 11.25 Mn |
| Sep 30, 2025 | 24.97 Mn |
| Jun 30, 2025 | 18.78 Mn |
| Mar 31, 2025 | 18.04 Mn |
| Dec 31, 2024 | 13.06 Mn |
| Sep 30, 2024 | 11.32 Mn |
| Jun 30, 2024 | 13.45 Mn |
| Mar 31, 2024 | 13.54 Mn |
| Dec 31, 2023 | 12.15 Mn |
| Sep 30, 2023 | 4.57 Mn |
| Jun 30, 2023 | 95,000.00 |
| Mar 31, 2023 | 6.48 Mn |
| Dec 31, 2022 | 18.46 Mn |
| Sep 30, 2022 | 21.28 Mn |
| Jun 30, 2022 | 25.00 Mn |
| Mar 31, 2022 | 32.72 Mn |
| Dec 31, 2021 | -9.56 Mn |
| Sep 30, 2021 | -76.29 Mn |
| Jun 30, 2021 | -145.91 Mn |
| Mar 31, 2021 | -80.47 Mn |