Waterdrop Inc. Financial Summary

Quick Answer

Waterdrop Inc. reported Total Revenue of $379.74 million for fiscal year 2024.

Waterdrop Inc. — Key Financials by Year

Metric 2024 2023 2022 2021 2020 2019
Total Revenue $379.74M
-85.6%
$2.63B
-6.1%
$2.80B
-12.6%
$3.21B
+5.9%
$3.03B
+100.4%
$1.51B
Revenue (ASC 606) $379.74M
-85.6%
$2.63B
-6.1%
$2.80B
-12.6%
$3.21B
+5.9%
$3.03B
+100.4%
$1.51B
Net Income $367.51M
+119.8%
$167.22M
-72.5%
$607.72M
+138.6%
-$1.57B
-137.1%
-$663.87M
-106.5%
-$321.54M
Diluted EPS $0.01
-75.0%
$0.04
-73.3%
$0.15
+125.9%
-$0.58
+38.3%
-$0.94
Total Assets $6.45B
+5.0%
$6.15B
+3.8%
$5.92B
+12.8%
$5.25B
+11.6%
$4.71B
Cash and Equivalents $135.13M
-66.0%
$396.90M
-74.8%
$1.57B
+92.5%
$817.72M
-23.0%
$1.06B
+10.1%
$964.48M
Stockholders Equity $4.80B
+4.6%
$4.59B
-3.8%
$4.77B
+20.0%
$3.97B
+339.8%
-$1.66B
-134.6%
-$706.32M
-134.8%
R&D Expense $216.50M
-27.6%
$299.06M
+2.7%
$291.29M
-23.1%
$378.99M
+55.2%
$244.23M
+13.8%
$214.65M
Operating Income $24.41M
+462.0%
-$6.74M
-101.4%
$477.99M
+125.7%
-$1.86B
-275.4%
-$496.25M
-155.2%
-$194.48M
Shares Outstanding 3.62B
-2.1%
3.70B
-5.3%
3.91B
-0.8%
3.94B
+227.6%
1.20B
  • Waterdrop Inc. reported Total Revenue of $379.74 million for fiscal year 2024.
  • Waterdrop Inc. showed a decrease of -85.6% in Total Revenue compared to the prior fiscal year.
  • Waterdrop Inc. reported Revenue (ASC 606) of $379.74 million for fiscal year 2024.
  • Waterdrop Inc. showed a decrease of -85.6% in Revenue (ASC 606) compared to the prior fiscal year.
  • Waterdrop Inc. reported Net Income of $367.51 million for fiscal year 2024.
  • Waterdrop Inc. showed an increase of +119.8% in Net Income compared to the prior fiscal year.
  • Waterdrop Inc. reported Diluted EPS of $0.01 per share for fiscal year 2024.
  • Waterdrop Inc. showed a decrease of -75.0% in Diluted EPS compared to the prior fiscal year.
  • Waterdrop Inc. reported Total Assets of $6.45 billion for fiscal year 2024.
  • Waterdrop Inc. showed an increase of +5.0% in Total Assets compared to the prior fiscal year.
  • Waterdrop Inc. reported Cash and Equivalents of $135.13 million for fiscal year 2024.
  • Waterdrop Inc. showed a decrease of -66.0% in Cash and Equivalents compared to the prior fiscal year.
  • Waterdrop Inc. reported Stockholders Equity of $4.80 billion for fiscal year 2024.
  • Waterdrop Inc. showed an increase of +4.6% in Stockholders Equity compared to the prior fiscal year.
  • Waterdrop Inc. reported R&D Expense of $216.50 million for fiscal year 2024.
  • Waterdrop Inc. showed a decrease of -27.6% in R&D Expense compared to the prior fiscal year.
  • Waterdrop Inc. reported Operating Income of $24.41 million for fiscal year 2024.
  • Waterdrop Inc. showed an increase of +462.0% in Operating Income compared to the prior fiscal year.
  • Waterdrop Inc. reported Shares Outstanding of 3.62 billion shares for fiscal year 2024.
  • Waterdrop Inc. showed a decrease of -2.1% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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