Quick Answer
Waterdrop Inc. reported R&D Expense of $216.50 million for fiscal year 2024.
Waterdrop Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2024 | $216.50M | -27.6% |
| 2023 | $299.06M | +2.7% |
| 2022 | $291.29M | -23.1% |
| 2021 | $378.99M | +55.2% |
| 2020 | $244.23M | +13.8% |
| 2019 | $214.65M | — |
- Waterdrop Inc. showed a decrease of -27.6% in R&D Expense compared to the prior fiscal year.
- Over the 2019–2024 period, Waterdrop Inc.’s r&d expense has grown by 0.9% (from $214.65 million to $216.50 million).
- The most recent figure is from Waterdrop Inc.’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 25, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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