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Waterdrop Inc. (WDH) is a financial services company in the coverage sales services industry, based in Beijing, China, with about 3,018 full-time employees.
It reported revenue of 2.77 billion CNY for fiscal year 2024, up 5.4% from fiscal year 2023, and net income of 367.51 million CNY. In Q2 2026 (the quarter ended June 30, 2026) revenue was 1.45 billion CNY, up 72.8% from a year before. Its largest business segment, Insurance, brought in 90% of segment revenue in fiscal year 2025. Its market capitalization was $373.67 million as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2024; market data as of October 9, 2026.
, through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term and long-term health and life insurance products and services.
Waterdrop reported 2.77 billion CNY in revenue for fiscal year 2024, up 5.4% from 2.63 billion CNY in fiscal year 2023. In Q2 2026 revenue was 1.45 billion CNY.
Insurance, with 3.58 billion CNY or 90% of segment revenue in fiscal year 2025. Next: Crowd Funding (7%) and Others (4%).
$373.67 million as of October 9, 2026.
Listed companies of a similar size in the same industry (coverage sales services) include The Baldwin Insurance Group, Inc. (BWIN), Goosehead Insurance, Inc (GSHD), Yuanbao Inc. (YB), Twfg, Inc. (TWFG).