Waterdrop is a China-focused insurance technology and healthcare-finance platform connecting consumers with insurance products and related services. It is known for an online insurance marketplace and for medical crowdfunding and mutual-aid style tools that help users manage healthcare costs. The business primarily serves Chinese consumers seeking digital access to coverage and financial support around medical needs.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 838 | — | 140.2 | 31% |
| Q3 2025 | 974.9 | — | 158.5 | 26.3% |
| Q4 2025 | 1,411.3 | — | 162.1 | 51.5% |
| Q1 2026 | 1,242.3 | — | 98.4 | 2.5% |
| Q2 2026 | 1,448.2 | 72.8% | 125.8 | -10.3% |
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