Waterdrop (WDH) Notes Payables (2023 - 2025)
Waterdrop's quarterly Notes Payables came in at $6.6 million in Q4 2025, down 76.0% year-on-year from $27.6 million in Q4 2024, and down 25.12% quarter-over-quarter from $8.8 million in Q3 2025.
Waterdrop has reported Notes Payables for 3 years, with the latest figure at $6.6 million in Q4 2025.
- For the quarter ending Q4 2025, Notes Payables fell 76.0% year-over-year to $6.6 million; the trailing twelve-month figure through Dec 2025 stood at $6.6 million (down 76.0% YoY), and the FY2025 full-year result was $6.7 million, down 75.27% from the prior year.
- Notes Payables for Q4 2025 stood at $6.6 million, down from $8.8 million in the prior quarter.
- The five-year high for Notes Payables was $27.6 million in Q4 2024, with the low at $6.6 million in Q4 2025.
- Average Notes Payables over 3 years is $14.7 million, with a median of $10.4 million recorded in 2024.
- Year-over-year, Notes Payables surged 44.55% in 2024 and sank 76.0% in 2025.
- Tracing WDH's Notes Payables over 3 years: stood at $19.1 million in 2023, then surged by 44.55% to $27.6 million in 2024, then slumped by 76.0% to $6.6 million in 2025.
- The last three Notes Payables figures came in at $6.6 million (Q4 2025), $8.8 million (Q3 2025), and $8.8 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| Date | Value |
|---|---|
| Dec 31, 2025 | 6.63 Mn |
| Sep 30, 2025 | 8.85 Mn |
| Jun 30, 2025 | 8.79 Mn |
| Dec 31, 2024 | 27.62 Mn |
| Sep 30, 2024 | 21.17 Mn |
| Mar 31, 2024 | 10.41 Mn |
| Dec 31, 2023 | 19.10 Mn |