Sells insurance products to consumers through an online platform.
Dec 2025Revenue $569M/yrExpenses $516M/yr
No trend
Figures by year
Is Waterdrop profitable?
Yes. In the 12 months to Dec 2025, revenue was $569M and expenses $516M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $569M | $516M | $53.0M |
| Dec 2024 | $380M | $355M | $24.4M |
| Dec 2023 | $371M | $371M | −$950K |
| Dec 2022 | $406M | $337M | $69.3M |
| Dec 2021 | $503M | $795M | −$292M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.