Growth Metrics

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 🔒
DateValue
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