Waterdrop (WDH) Notes Payables (2023 - 2025)

Waterdrop's Notes Payables history runs 3 years deep, the most recent figure standing at $6.6 million for Q4 2025.

• In Q4 2025, Notes Payables fell 76.0% year-over-year to $6.6 million; the TTM figure through Dec 2025 stood at $6.6 million (down 76.0% YoY), while the FY2025 annual figure was $6.7 million, down 75.27% from the prior year.
• Notes Payables was $6.6 million for Q4 2025 at Waterdrop, down from $8.8 million in the prior quarter.
• In the past five years, Notes Payables ranged from a high of $27.6 million in Q4 2024 to a low of $6.6 million in Q4 2025.
• Historically, Notes Payables has averaged $14.7 million across 3 years, with a median of $10.4 million in 2024.
• The sharpest annual moves came in 2024 and 2025: Notes Payables soared 44.55% in 2024, then sank 76.0% in 2025.
• A 3-year view of Notes Payables shows it stood at $19.1 million in 2023, then jumped by 44.55% to $27.6 million in 2024, then tumbled 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.