Waterdrop (WDH) Shares Outstanding (Diluted) (2020 - 2026)
Waterdrop's Shares Outstanding (Diluted) was 371.35 million in Q2 2026, down 0.2% from 371.98 million a year earlier and unchanged from the prior quarter.
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Analysis
Waterdrop (WDH) Shares Outstanding (Diluted) (2020 - 2026) Analysis & Trends
From Q1 2020 onward, Waterdrop has reported Shares Outstanding (Diluted) for 25 quarters.
- Shares Outstanding (Diluted) has now declined for three consecutive years, though with a five-year compound annual growth rate of 25.9% (FY2020 to FY2025).
- In earlier years, Shares Outstanding (Diluted) was 371.98 million in FY2024 (-4.2%), 388.09 million in FY2023 (-3.5%), 402.25 million in FY2022 (+34.5%) and 299.05 million in FY2021 (+154.6%).
- Quarterly Shares Outstanding (Diluted) has moved between 117.46 million (Q3 2021) and 402.25 million (Q3 2023) over five years.
- Compared with a year earlier, Shares Outstanding (Diluted) has declined for 11 straight quarters, with an average decline of 2.6% over the last eight quarters.
- The best year-over-year quarter for Shares Outstanding (Diluted) over five years was Q3 2022 (growth of 154.6%); the worst was Q4 2024 (a decline of 4.2%).
- Per Business Quant data, WDH's Shares Outstanding (Diluted) in the three quarters before Q2 2026 was 371.35 million (Q1 2026), 371.35 million (Q4 2025) and 371.98 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,079.16 Bn | -338.32 Bn | 55.86 Bn | - |
| 2 | Chubb | 127.75 Bn | 79.80 Bn | 9.13 Bn | 391.25 Mn |
| 3 | Progressive | 122.68 Bn | 98.52 Bn | 9.04 Bn | 584.20 Mn |
| 4 | Marsh & Mclennan Companies | 82.15 Bn | 73.89 Bn | - | 482.00 Mn |
| 5 | Travelers Companies | 75.41 Bn | 51.66 Bn | 6.23 Bn | 213.60 Mn |
| 6 | Manulife Financial | 72.51 Bn | 73.72 Bn | - | 1.71 Bn |
| 7 | Metlife | 60.18 Bn | -46.30 Bn | 7.82 Bn | 646.90 Mn |
| 8 | Arthur J. Gallagher | 59.45 Bn | 53.89 Bn | - | 258.70 Mn |
| 9 | Aon | 58.55 Bn | 51.79 Bn | - | 213.90 Mn |
| 10 | Waterdrop | 368.10 Mn | -273.26 Mn | - | 371.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 371.35 Mn |
| Mar 31, 2026 | 371.35 Mn |
| Dec 31, 2025 | 371.35 Mn |
| Sep 30, 2025 | 371.98 Mn |
| Jun 30, 2025 | 371.98 Mn |
| Mar 31, 2025 | 371.98 Mn |
| Dec 31, 2024 | 371.98 Mn |
| Sep 30, 2024 | 388.09 Mn |
| Jun 30, 2024 | 388.09 Mn |
| Mar 31, 2024 | 388.09 Mn |
| Dec 31, 2023 | 388.09 Mn |
| Sep 30, 2023 | 402.25 Mn |
| Jun 30, 2023 | 402.25 Mn |
| Mar 31, 2023 | 402.25 Mn |
| Dec 31, 2022 | 402.25 Mn |
| Sep 30, 2022 | 299.05 Mn |
| Jun 30, 2022 | 299.05 Mn |
| Mar 31, 2022 | 299.05 Mn |
| Dec 31, 2021 | 299.05 Mn |
| Sep 30, 2021 | 117.46 Mn |
API Access
Waterdrop Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=WDH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "WDH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=WDH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();