Waterdrop (WDH) Receivables (2020 - 2025)

Waterdrop (WDH) recorded quarterly Receivables of $339.7 million in Q4 2025, up 190.12% quarter-over-quarter from $117.1 million in Q3 2025, and up 60.74% on a YoY basis from $211.4 million in Q4 2024.

Waterdrop (WDH) Receivables (2020 - 2025) Analysis & Trends

Waterdrop's Receivables history runs 6 years deep, the most recent figure standing at $339.7 million for Q4 2025.

  • In Q4 2025, Receivables rose 60.74% year-over-year to $339.7 million; the TTM figure through Dec 2025 stood at $339.7 million (up 60.74% YoY), while the FY2025 annual figure was $339.7 million, up 85.66% from the prior year.
  • Receivables was $339.7 million for Q4 2025 at Waterdrop, up from $117.1 million in the prior quarter.
  • In the past five years, Receivables ranged from a high of $339.7 million in Q4 2025 to a low of $97.1 million in Q2 2021.
  • Historically, Receivables has averaged $135.7 million across 5 years, with a median of $109.7 million in 2021.
  • The sharpest annual moves came in 2024 and 2025: Receivables fell 14.39% in 2024, then soared 60.74% in 2025.
  • A 5-year view of Receivables shows it stood at $193.5 million in 2021, then fell by 9.93% to $174.3 million in 2022, then climbed by 13.11% to $197.2 million in 2023, then grew by 7.19% to $211.4 million in 2024, then jumped by 60.74% to $339.7 million in 2025.
  • The last three Receivables figures came in at $339.7 million (Q4 2025), $117.1 million (Q3 2025), and $117.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 American International 39.85 Bn 1.02 Bn 2.60 Bn 11.63 Bn
2 Hartford Insurance 35.40 Bn 26.34 Bn 2.15 Bn 13.81 Bn
3 Arch Capital 32.21 Bn 31.30 Bn 4.02 Bn 6.53 Bn
4 Brookfield Wealth Solutions 9.95 Bn -3.21 Bn 4.62 Bn 12.77 Bn
5 FIHL 2.04 Bn 2.04 Bn - -
6 International General Insurance Holdings 1.03 Bn 811.79 Mn 111.10 Mn -
7 Waterdrop 632.07 Mn 560.72 Mn 129.34 Mn 339.72 Mn
8 Sun Life Financial 48.32 Mn -8.02 Bn - -
9 Exzeo 1.16 Mn -230.22 Mn 32.74 Mn 22.41 Mn
10 Aegon 5,067.42 5,067.42 - 8.82 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 339.72 Mn
Sep 30, 2025 117.10 Mn
Jun 30, 2025 117.10 Mn
Mar 31, 2025 105.99 Mn
Dec 31, 2024 211.35 Mn
Sep 30, 2024 107.68 Mn
Jun 30, 2024 98.82 Mn
Mar 31, 2024 100.69 Mn
Dec 31, 2023 197.17 Mn
Sep 30, 2023 112.12 Mn
Jun 30, 2023 115.43 Mn
Mar 31, 2023 100.90 Mn
Dec 31, 2022 174.31 Mn
Sep 30, 2022 107.24 Mn
Jun 30, 2022 99.03 Mn
Mar 31, 2022 108.51 Mn
Dec 31, 2021 193.53 Mn
Sep 30, 2021 110.84 Mn
Jun 30, 2021 97.11 Mn
Mar 31, 2021 99.64 Mn