Waterdrop (WDH) Operating Income (2020 - 2025)

Waterdrop's Operating Income history runs 6 years deep, the most recent figure standing at $12.0 million for Q4 2025.

• In Q4 2025, Operating Income rose 65.26% year-over-year to $12.0 million; the TTM figure through Dec 2025 stood at $52.0 million (up 110.99% YoY), while the FY2025 annual figure was $53.0 million, up 117.28% from the prior year.
• Operating Income was $12.0 million for Q4 2025 at Waterdrop, down from $16.0 million in the prior quarter.
• In the past five years, Operating Income ranged from a high of $23.3 million in Q2 2022 to a low of -$126.3 million in Q2 2021.
• Historically, Operating Income has averaged -$7.1 million across 5 years, with a median of $6.8 million in 2024.
• The sharpest annual moves came in 2021 and 2024: Operating Income plunged 12522.29% in 2021, then jumped 1432.86% in 2024.
• A 5-year view of Operating Income shows it stood at -$11.6 million in 2021, then jumped by 191.05% to $10.6 million in 2022, then slumped by 64.48% to $3.8 million in 2023, then jumped by 93.42% to $7.3 million in 2024, then soared by 65.26% to $12.0 million in 2025.
• The last three Operating Income figures came in at $12.0 million (Q4 2025), $16.0 million (Q3 2025), and $13.6 million (Q2 2025), per Business Quant data.