Waterdrop (WDH) Shares Outstanding (Diluted Average) (2020 - 2025)

Waterdrop (WDH) recorded quarterly Shares Outstanding (Diluted Average) of $21.15 in Q4 2025, up 278.42% quarter-over-quarter from $5.59 in Q3 2025, and up 51.91% on a YoY basis from $13.92 in Q4 2024.

Waterdrop (WDH) Shares Outstanding (Diluted Average) (2020 - 2025) Analysis & Trends

Waterdrop's Shares Outstanding (Diluted Average) history runs 6 years deep, the most recent figure standing at $21.15 for Q4 2025.

  • In Q4 2025, Shares Outstanding (Diluted Average) rose 51.91% year-over-year to $21.15; the TTM figure through Dec 2025 stood at $21.15 (up 51.91% YoY), while the FY2025 annual figure was $21.15, up 51.91% from the prior year.
  • Shares Outstanding (Diluted Average) was $21.15 for Q4 2025 at Waterdrop, up from $5.59 in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $609.2 million in Q3 2021 to a low of $1.46 in Q1 2023.
  • Historically, Shares Outstanding (Diluted Average) has averaged $140.3 million across 5 years, with a median of $10.95 in 2022.
  • The sharpest annual moves came in 2021 and 2022: Shares Outstanding (Diluted Average) jumped 259.75% in 2021, then sank 100.0% in 2022.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $467.7 million in 2021, then gained by 20.92% to $565.6 million in 2022, then decreased by 4.7% to $539.0 million in 2023, then sank by 100.0% to $13.92 in 2024, then soared by 51.91% to $21.15 in 2025.
  • The last three Shares Outstanding (Diluted Average) figures came in at $21.15 (Q4 2025), $5.59 (Q3 2025), and $5.53 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 American International 39.85 Bn 1.02 Bn 2.60 Bn 542.16 Mn
2 Hartford Insurance 35.40 Bn 26.34 Bn 2.15 Bn -
3 Arch Capital 32.21 Bn 31.30 Bn 4.02 Bn 359.70 Mn
4 Brookfield Wealth Solutions 9.95 Bn -3.21 Bn 4.62 Bn -
5 FIHL 2.04 Bn 2.04 Bn - -
6 International General Insurance Holdings 1.03 Bn 811.79 Mn 111.10 Mn 490.00
7 Waterdrop 632.07 Mn 560.72 Mn 129.34 Mn 21.15
8 Sun Life Financial 48.32 Mn -8.02 Bn - 612,532.78
9 Exzeo 1.16 Mn -230.22 Mn 32.74 Mn -
10 Aegon 5,067.42 5,067.42 - -

Historic Data

Download Data
DateValue
Dec 31, 2025 21.15
Sep 30, 2025 5.59
Jun 30, 2025 5.53
Mar 31, 2025 4.13
Dec 31, 2024 13.92
Sep 30, 2024 9.77
Jun 30, 2024 6.91
Mar 31, 2024 2.80
Dec 31, 2023 539.00 Mn
Sep 30, 2023 4.15
Jun 30, 2023 2.86
Mar 31, 2023 1.46
Dec 31, 2022 565.58 Mn
Sep 30, 2022 17.54
Jun 30, 2022 12.13
Mar 31, 2022 4.73
Dec 31, 2021 467.74 Mn
Sep 30, 2021 609.16 Mn
Jun 30, 2021 441.68 Mn
Mar 31, 2021 183.83 Mn