Waterdrop (WDH) Revenue (2020 - 2025)

Waterdrop's Revenue history runs 6 years deep, the most recent figure standing at $201.8 million for Q4 2025.

• In Q4 2025, Revenue rose 114.47% year-over-year to $201.8 million; the TTM figure through Dec 2025 stood at $559.6 million (up 45.32% YoY), while the FY2025 annual figure was $568.8 million, up 49.79% from the prior year.
• Revenue was $201.8 million for Q4 2025 at Waterdrop, up from $136.9 million in the prior quarter.
• In the past five years, Revenue ranged from a high of $201.8 million in Q4 2025 to a low of $88.3 million in Q1 2023.
• Historically, Revenue has averaged $111.2 million across 5 years, with a median of $101.3 million in 2022.
• The sharpest annual moves came in 2022 and 2025: Revenue fell 28.02% in 2022, then surged 114.47% in 2025.
• A 5-year view of Revenue shows it stood at $94.8 million in 2021, then rose by 3.96% to $98.5 million in 2022, then decreased by 5.73% to $92.9 million in 2023, then grew by 1.32% to $94.1 million in 2024, then jumped by 114.47% to $201.8 million in 2025.
• The last three Revenue figures came in at $201.8 million (Q4 2025), $136.9 million (Q3 2025), and $117.0 million (Q2 2025), per Business Quant data.