WDH
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Earnings documents stored for WDH.
Investor releaseQuarter not tagged2026-04-28Waterdrop Files Annual Report on Form 20-F for Fiscal Year 2025
PR Newswire
Waterdrop Files Annual Report on Form 20-F for Fiscal Year 2025
BEIJING, April 28, 2026 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH) ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission ("SEC") on April 28, 2026. The annual report can be accessed on the Company's investor relations website at https://ir.waterdrop-inc.com as well as the SEC's website at http://www.sec.gov. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to the Company's IR Department at [email protected]. About Waterdrop Inc. Waterdrop Inc. (NYSE: WDH) is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. Founded in 2016, with the comprehensive coverage of Waterdrop Insurance Marketplace and Waterdrop Medical Crowdfunding, Waterdrop aims to bring insurance and healthcare service to billions through technology. For more information, please visit www.waterdrop-inc.com. For investor inquiries, please contact: Waterdrop Inc. [email protected] View original content:https://www.prnewswire.com/news-releases/waterdrop-files-annual-report-on-form-20-f-for-fiscal-year-2025-302755640.html
Investor releaseQuarter not tagged2026-03-25Waterdrop Q4 and FY2025 Financial Results: Q4 operating revenue rises 105.5% YoY, and declared a cash dividend
PR Newswire
Waterdrop Q4 and FY2025 Financial Results: Q4 operating revenue rises 105.5% YoY, and declared a cash dividend
BEIJING, March 25, 2026 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the three and twelve months ended December 31, 2025 and a cash dividend. During the fourth quarter, Waterdrop reported net operating revenue of 1,411.2 million，representing a 105.5% year-over-year increase. Net profit attributable to ordinary shareholders reached RMB162.1 million, representing a solid year-over-year increase of 62.7%，sustaining profitability for the sixteenth consecutive quarter. For the year of 2025, Waterdrop reported net operating revenue increased by 43.5% year over year to RMB 3,977.8 million,which was primarily due to the increase of insurance related income. Net profit attributable to ordinary shareholders for the year of 2025 was RMB568.9 million, compared to RMB367.5 million for the year of 2024. By the end of February 2026, the Company had cumulatively repurchased approximately 60.7 million ADSs from the open market. With the board approval, the Company will soon start another cash dividend of approximately US$10.8 million. As of December 31, 2025, cash position of the Company was RMB3,249.0 million (US$464.6 million). Insurance Business Operating Profit Totaled RMB 644.9 Million in 2025 In the fourth quarter of 2025, Waterdrop's insurance-related revenue amounted to RMB 1,311.5 million (US$187.6 million), up by 125.0% from the same period of 2024，which was mainly due to the increase in technical service income. The operating profit totaled RMB 146.1 million in the quarter. For the year of 2025, Waterdrop's insurance-related income amounted to RMB3,576.6 million (US$511.4 million),representing an increase of 51.3% year-over-year from RMB2,363.8 million for the year of 2024. Annual operating profit totaled RMB 644.9 million. Mr. Peng Shen, Founder, Chairman, and Chief Executive Officer of Waterdrop, commented, "2025 marked a year of renewed acceleration for Waterdrop, driven by the strategic integration of AI into our core operational infrastructure. This technological alignment has materially enhanced our operational efficiency and reinforced our competitive positioning. "In our insurance business, we achieved a 125.0% year-over-year surge in insurance-related income this quarter, driven by models that cut th...
Investor releaseQuarter not tagged2026-03-25Waterdrop Q4 Earnings Call Highlights
MarketBeat
Waterdrop Q4 Earnings Call Highlights
Strong FY2025 financials: Waterdrop reported revenue of CNY 3.98 billion (up 43.5% YoY) and net profit of CNY 570 million (up 64.8%), sustaining GAAP profitability for 16 consecutive quarters and ending the year with about CNY 3.25 billion in cash. Insurance growth powered by AI: The insurance segment drove growth—revenue surged ~61.3% with an ~18% operating margin—and management said AI is embedded “in every node,” citing AI-driven features that lifted premiums and efficiency (e.g., AI Pro agent +33% sequential premiums, AI medical experts generating >CNY 50 million FYT, and AI customer service handling >1.4 million inquiries/month at 2.75x manual efficiency). Capital returns and cost outlook: The board approved a fifth cash dividend of $0.03 per ADS (totaling $10.8 million) and has repurchased ~60.7 million ADSs for ~$118 million, even as Q4 operating costs rose sharply (operating costs +109% YoY; sales & marketing +178%), and the company plans moderately higher investment in marketing and AI while targeting double-digit revenue and profit growth. Interested in Waterdrop Inc. Unsponsored ADR? Here are five stocks we like better. Waterdrop (NYSE:WDH) executives said the company delivered strong revenue and profit growth in fiscal year 2025, driven by expansion in its insurance business and broader adoption of AI across operations. Management also highlighted continued profitability, increased shareholder returns through dividends and repurchases, and product and technology updates spanning insurance, medical crowdfunding, and digital clinical trial services. Founder, Chairman, and CEO Shen Peng said Waterdrop “executed firmly on our AI plus insurance strategy,” pointing to “significant top line and bottom line expansion.” For fiscal year 2025, the company reported revenue of CNY 3.98 billion, up 43.5% year over year, and net profit attributable to ordinary shareholders of CNY 570 million, up 64.8%. Shen added that Waterdrop met its guidance and has delivered GAAP profitability for 16 consecutive quarters. → Macy’s Beats Expectations Again, But Guidance Spooks Investors Head of Finance Xiaoying Xu provided additional detail, noting that fourth quarter revenue more than doubled year over year to CNY 1.41 billion, an increase of 105.5%. Net profit attributable to ordinary shareholders in the fourth quarter was CNY 152 million, up 52.7% year over year. Xu also...
Investor releaseQuarter not tagged2026-03-25Waterdrop Inc. Announces Fourth Quarter and Fiscal Year 2025 Unaudited Financial Results and Declares a Cash Dividend
PR Newswire
Waterdrop Inc. Announces Fourth Quarter and Fiscal Year 2025 Unaudited Financial Results and Declares a Cash Dividend
BEIJING, March 25, 2026 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the three and twelve months ended December 31, 2025 and a cash dividend. Financial and Operational Highlights for the Fourth Quarter of 2025 Accelerated Profit Expansion: In the fourth quarter of 2025, operating profit was RMB83.9 million (US$12.0 million), marking a strong year-over-year increase of 58.4%. Net profit attributable to our ordinary shareholders reached RMB162.1 million (US$23.2 million), representing a solid year-over-year increase of 62.7%. Substantial Core Revenue Growth: Net operating revenue for the fourth quarter escalated to RMB1,411.2 million (US$201.8 million), representing a 105.5% year-over-year increase. Insurance-related income for the quarter reached RMB1,310.4 million (US$187.4 million), up by 125.0% from the same period of 2024. Reinforced Medical Crowdfunding Coverage: As of December 31, 2025, around 490 million people cumulatively donated an aggregate of RMB72.3 billion to 3.68 million patients through Waterdrop Medical Crowdfunding. Strong Performance in Patient Enrollment: As of December 31, 2025, the Company had cumulatively enrolled 14,555 patients into 1,611 clinical trial programs through the E-Find Platform. Mr. Peng Shen, Founder, Chairman, and Chief Executive Officer of Waterdrop, commented, "2025 marked a year of renewed acceleration for Waterdrop, driven by the strategic integration of AI into our core operational infrastructure. This technological alignment has materially enhanced our operational efficiency and reinforced our competitive positioning. In our insurance business, we achieved a 125.0% year-over-year surge in insurance-related income this quarter, driven by AI models that efficiently handle high-concurrency traffic and refine targeting as more data becomes available. To support this growth, we simultaneously expanded AI deployment across key insurance operations, enhancing efficiency and scalability. Premiums facilitated by 'AI Medical Insurance Expert' increased 145% on a quarter-over-quarter basis. 'AI Customer Service Agent' independently handled over 1.4 million customer inquiries within a single month. The rollout of 'AI Service Quality Co...
TranscriptFY2025 Q42026-03-25FY2025 Q4 earnings call transcript
Earnings source - 5 paragraphs
FY2025 Q4 earnings call transcript
Good morning, everyone. This is Tracy Lee from Waterdrop Investor Relations. It's my pleasure to welcome everyone to Waterdrop's Fourth Quarter and Facial Year 2025 Earnings Conference Call. [Operator Instructions]. As a reminder, today's conference call is being recorded. Please note that discussion today will come from forward-looking statements made under the safe harbor provision of the U.S. Private Securities and Litigation Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations. Potential risks and uncertainties include but not limited to those outlined in our public filings with the SEC. The company does not undertake any obligation to update any forward-looking statements, except as required and applicable law. Also, this call includes discussion of certain non-GAAP measures. Please refer to our earnings release for a reconciliation between non-GAAP and GAAP. Joining us today on the call are Mr. [indiscernible], Chairman and CEO; Mr. [indiscernible] GM of Insurance Business; Mr. [indiscernible], Head of Finance Department; and Ms. [indiscernible], Board Secretary. We'll be happy to take some assessments in the [indiscernible] conference call. Now [indiscernible] our CEO, [indiscernible].
Dear investor analyst, thank you for joining Waterdrop's fourth quarter and fiscal year 2025 earnings conference call. Looking back at 2025, we executed firmly on our AI [indiscernible] insurance energy, delivering tangible progress in both AI application and business growth. Our financial performance were robust. We saw significant top line and bottom line expansion, further solidify our core fundamentals. For the fiscal year 2025, our revenue reached CNY 3.98 billion, up 43.5%, net profit attributable to ordinary shareholders reached CNY 570 million, registering a year-on-year growth of 54.8%. Notably, we met our guidance to the market and have now delivered GAAP profitability for 16 consecutive quarters. Our Intertek segment was as announced with revenue surging 51.3% and an operating margin of roughly 18%. Furthermore, our LLM integration significantly category. the value of our medical performance platform, our platform has response for 3.68 million patients which is watched and our digital team in client solutions enrolled over 4,000 patients this year. Reflecting the strong performance in the second half of 2025, our Board approved our safe cash dividend of CNY 0.03 per ADS, totaling $10.8 million, this will be paid in later -- late April to early May to shareholders a record as of April 24, 2026 U.S. ET time. Meanwhile, our share repurchase and remains on track with 60.7 million ADS repurchase for about $118 million for [indiscernible]. On technology plans, we are valuing our shift to become an native company. As of the end of year-end 2025, we filed a 72 LLM related patent applications. including [indiscernible] international ones. Throughout the year, we deployed the [indiscernible] and virtual interactions across all core workflows. From acquisition and conversation [indiscernible] and customer service through quality control and R&D. Every stage is now production-ready delivering [indiscernible] operating gains. This capability is unified from under the [indiscernible] AI, our [indiscernible] platform for the [indiscernible] specific agents now also open to the industry partners. Beyond the [indiscernible], we are pioneering open collaboration infractors what is Guardian AI corporate, which is called Cloud [indiscernible] built on a distributed at design our cloud leader enables a different AI agent to autonomously communicate and collaborate. [indiscernible] demos have already validated its core workflow seamless the multi-round dialog and automate to cover between the AI agents. In terms of ESG, we acquired with 19 organizations to launch over 15,500 products earning global recognition forward policy reduction efforts and upgrading our ESG rating to A+. As we enter our 10th anniversary in 2026, our goal is to move beyond using [indiscernible] to becoming truly AI enabled company. We aim to [indiscernible] reconstruct our entire value chain, embedding AI as a several competitive advantage. We expect me to depend the momentum this year with moderately higher [indiscernible] marketing and AI, targeting double-digit growth in both revenue and profit. Now I will pass to [indiscernible] to introduce the development of insurance business.
Thanks, [indiscernible]. In the fourth quarter, our insurance continued its strong momentum, ensuring related income surged to 125% year-on-year to CNY 1.31 billion, while operating profit grew 42% year-over-year to [indiscernible]. On the traffic side, we have sharpened our real-time user amentization leveraging our sales deployed [indiscernible] we can now capture potential user attributes with nearly second profession in high concurrency traffic. This allows for [indiscernible] update and [indiscernible], which has significantly improved the accuracy of our high-quality traffic for future and made a solid condition for our FYP growth. Regarding product supply, our market first [indiscernible] version 2.0 this quarter new 0 deductible features now colored a long-term medical cost and routing the medial centers. Additionally, our pre-existing condition product gained strong action with FY at 7%. While our disability insurance contributed about $100 million app validating our long-term strategy. And most importantly, AI is now invented in every node of [indiscernible] on the user side, our AI Pro insurance engine on the mini-program drove 33% of sequential increase in premium, while our AI medial insurance experts generated over 50 million [indiscernible] 145% quarter-over-quarter. We have also expanded the facility to standard health products, we can generate incremental most premiums of over 1 million. For human agent empowerment, our large banner copilot has cumulated site in over 370,000 [indiscernible] this quarter end. [indiscernible] perform in our fully operational and having completed the fourth quarter without the core module like local agents, batch testing and proactively past figures. This infrastructure powers our [indiscernible] planner deployers, both the share of facial accounts and many programs to handle the product recommendations, business facilitation and user [indiscernible] agent matching, we have even owned this platform to our current insurers to uplist the industry-wide efficiency. In [indiscernible] our AI customer service agent handled over [indiscernible] and our coloscopilot [indiscernible] efficiency to 2.5 that of the many only business. This concludes the insurance business update for the fourth quarter. Now I will pass to Board of Secretary [indiscernible] to introduce the progress of our metering and health services.
Thank you, [indiscernible]. As of the annual of approximately 490 million people have [indiscernible] a total of $72.3 million to [indiscernible] medical profound platform. In this quarter, while maintaining robust platform governance and user experience with strengthen risk control in 2 key areas: to protect our user privacy, we have fully upgraded our system with large language models total of identifying specific data and applying dynamic [indiscernible] in real time. So critical information, frequently see in their components that either IP members, bank accounts and the medical record IT. We have moved [indiscernible] reduction to automate protection and marketing. And this [indiscernible] leads end-to-end securities for user debt better across our type platform, fundamentally preventing any reason of information staff. Secondly, our simplicity, we deployed a new model combining medical [indiscernible] with a credential validation. This system and cost reference the clinical logic to precisely identify the fabric, ensuring every donation we reached those patients [indiscernible]. On the user service front, we launched a standardized [indiscernible] to our service goal of fee structures and retaining guidelines, these initiatives reinforce our commitment to concurrency and ensure our uses are fully involved. And moving to the Healthcare business, our [indiscernible] platform is in high-quality growth tuner with 224 pharmaceutical companies and [indiscernible] and are enrolled in a record of [indiscernible] patients. initiative 131 new programs. Once again, we set up setting a new quarterly enrollment with record. This quarter, we achieved a major milestone that was proprietary [indiscernible] patient matching technology, the first of this time in China was officially granted a national invention pattern. By combining deep neural networks with major [indiscernible] processing, our technology achieved end-to-end protection matching [indiscernible] and clinical trials [indiscernible] filtering for [indiscernible] results, well analyzing and trusted medical records against that helped criteria to uncover the heating match. The due engine approach [indiscernible] between the weeks of the manually screen workflows down 2 minutes, strongly a [indiscernible] process. And building on this, we significantly expand our accounts. We'll continue to grow our patient base in complex and rare [indiscernible] revenue digital clinical trial revenue related to [indiscernible] 30% this quarter compared to the previous 3 average [indiscernible] ability to pool release and earnings and have made a solid foundation for our sustainable volume growth. And now I will [indiscernible] our Head of Finance to discuss our financial performance in this quarter.
Thanks, [indiscernible]. Hello, everyone. I will now walk you through our financial highlights for the fourth quarter and fiscal year 2025. Before I go into details, please be reminded that all numbers quoted here will be RMB and please refer to our earnings release for detailed information on our financial performance and both the year-on-year and quarter-over-quarter basis, respectively. In the fourth quarter, our performance of [indiscernible] significantly with quarterly revenue more than doubling year-on-year to RMB 1.41 billion, up 105.5% for the full year 2025 revenue reached RMB 3.98 billion, up 43.5% year-on-year, concluding the year on strong note. By second, the insurance business within a stable client with full year insurance really into approximately RMB 3.58 billion, up 51.3% year-on-year. The other segments are [indiscernible] for about 10.1% of the total revenue with medical performing services at RMB 260 million and [indiscernible] income at RMB 118 million. Operating costs for the quarter reached RMB 680 million. up 109.2% year-on-year, driven by RMB 320 million increase in cost and the referral and service fees and RMB 23.8 million is on S&S, driven by rapid business expansion, opening costs and expenses in the fourth quarter rose to RMB 1.33 billion, up 109.4% year-on-year. For full year operating cost and expenses increased 39.1% from 2024. [indiscernible] the pace of revenue growth. Selling marketing expenses was roughly RMB 510 million at 178.4% year-on-year with significant improvement in customer acquisition efficiency. The company proactively scaled up investments, resulting roughly [indiscernible] year-on-year in place and marketing expenses for third-party traffic channels. G&A expenses were RMB 77.1 million, a modest year-on-year increase of 4.6%, mainly due to a [indiscernible] in allowance of [indiscernible], partially off setted by RMB 6.5 million reduction in personnel call. Research and development expenses were approximately RMB 66.2 million, up 21.9% year-on-year, primarily driven by a RMB 6.4 million increase in personnel costs and a RMB 5.8 million in cross services. [indiscernible] improved significantly year-on-year. Net profit attributed to the company's ordinary shareholders for the quarter was RMB 153 million, up 62.7% in the period. For full year, the net profit attributable to the ordinary shareholders reached about RMB 570 million, up 4.8%. The common maintained ample cash position of about [indiscernible] 2025, providing strong support for our fee growth. And this concludes our financial overview for the fourth quarter and fiscal year conference side. Ladies and gentlemen, with that, we will conclude today's conference call. We do thank you for joining. Have a good time.
Investor releaseQuarter not tagged2026-03-11Waterdrop Inc. to Report Fourth Quarter and Fiscal Year 2025 Financial Results on March 25, 2026
PR Newswire
Waterdrop Inc. to Report Fourth Quarter and Fiscal Year 2025 Financial Results on March 25, 2026
BEIJING, March 11, 2026 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH) ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2025, before U.S. markets open on Wednesday, March 25, 2026. Waterdrop's management team will hold a conference call on March 25, 2026 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day) to discuss the financial results. Dial-in details for the earnings conference call are as follows: Participants can choose between the Chinese and the English interpretation lines. Please note that the English interpretation option will be in listen-only mode. Please dial in 15 minutes before the call is scheduled to begin and provide the Elite Entry Number to join the call. Telephone replays will be accessible two hours after the conclusion of the conference call through April 1, 2026 by dialing the following numbers: Additionally, live and archived webcasts of the conference call will be available at the Company's investor relations website at http://ir.waterdrop-inc.com/. About Waterdrop Inc. Waterdrop Inc. (NYSE: WDH) is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. Founded in 2016, with the comprehensive coverage of Waterdrop Insurance Marketplace and Waterdrop Medical Crowdfunding, Waterdrop aims to bring insurance and healthcare service to billions through technology. For more information, please visit www.waterdrop-inc.com. For investor inquiries, please contact Waterdrop Inc. [email protected] View original content:https://www.prnewswire.com/news-releases/waterdrop-inc-to-report-fourth-quarter-and-fiscal-year-2025-financial-results-on-march-25-2026-302710751.html
Investor releaseQuarter not tagged2025-12-16Waterdrop Inc (WDH) Q3 2025 Earnings Call Highlights: Strong Revenue Growth and AI Integration ...
GuruFocus.com
Waterdrop Inc (WDH) Q3 2025 Earnings Call Highlights: Strong Revenue Growth and AI Integration ...
This article first appeared on GuruFocus. Release Date: December 04, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Waterdrop Inc (NYSE:WDH) reported a strong year-on-year revenue growth of 38.4% for the third quarter, reaching over CNY970 million. The company's net profit attributable to ordinary shareholders increased by 60.1% year-on-year, amounting to approximately CNY150 million. The insurtech business segment showed solid performance with a 44.8% year-on-year increase in operating profit, reaching about CNY180 million. Waterdrop Inc (NYSE:WDH) has maintained GAAP profitability for 15 consecutive quarters since the first quarter of 2022. The company has developed 69 patent applications centered on large language models, including nine international filings, showcasing its commitment to innovation. Operating costs and expenses increased by 27.1% year-on-year, totaling approximately RMB861 million. Sales and marketing expenses rose by 40.3% year-on-year, driven by increased traffic investment and third-party channel marketing expenses. Despite the revenue growth, the cost of referral and service fees increased by RMB66.7 million, impacting overall cost structure. R&D expenses rose by 10.2% year-on-year, with personnel and technical support expenses contributing to the increase. The company faces risks and uncertainties that may cause actual results to differ materially from current expectations, as highlighted in their forward-looking statements. Warning! GuruFocus has detected 7 Warning Signs with WDH. Is WDH fairly valued? Test your thesis with our free DCF calculator. Q: Can you elaborate on the role of AI in Waterdrop's business operations and its impact on performance? A: Ran Wei, Director and GM of Insurance Business, explained that AI has been deeply integrated into Waterdrop's operations, enhancing real-time identification capabilities and reducing decision latency to under 50 milliseconds. This integration has improved decision-making and increased the ability to identify high-quality traffic, contributing to a 44.8% year-on-year increase in insurance-related revenue. Q: How has Waterdrop's insurance business performed in the third quarter of 2025? A: Ran Wei reported that the insurance business achieved significant growth, with revenue reaching approximately CNY870 million, a 44.8% incre...
Investor releaseQuarter not tagged2025-12-05Waterdrop Inc (WDH) Q3 2025 Earnings Call Highlights: Robust Revenue Growth and Strategic AI ...
GuruFocus.com
Waterdrop Inc (WDH) Q3 2025 Earnings Call Highlights: Robust Revenue Growth and Strategic AI ...
This article first appeared on GuruFocus. Release Date: December 03, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Waterdrop Inc (NYSE:WDH) reported a strong year-on-year revenue growth of 38.4% in the third quarter, reaching over CNY970 million. Net profit attributable to ordinary shareholders increased by 60.1% year-on-year, amounting to approximately CNY150 million. The insurance business segment showed significant growth, with revenue increasing by 44.8% year-on-year and achieving an operating profit margin of 20.3%. The company has maintained a GAAP profit for 15 consecutive quarters since the first quarter of 2022. Waterdrop Inc (NYSE:WDH) continues to invest in AI, enhancing business quality and efficiency, and launched a low-code AI platform to empower employees in various tasks. Operating costs and expenses increased by 27.1% year-on-year, reaching approximately RMB861 million. Sales and marketing expenses rose by 40.3% year-on-year, driven by increased traffic investment and enhanced AI application costs. The R&D expenses increased by 10.2% year-on-year, reflecting higher personnel and technical support expenses. Despite the growth, the corresponding service fees remained stable year-on-year, indicating limited growth in this segment. The company faces risks and uncertainties that may cause actual results to differ materially from current expectations, as noted in their forward-looking statements. Warning! GuruFocus has detected 9 Warning Signs with WDH. Is WDH fairly valued? Test your thesis with our free DCF calculator. Q: Can you elaborate on the role of AI in Waterdrop's operations and its impact on business performance? A: (Xiaoying Xu, Head of Finance) AI has significantly enhanced our business quality and efficiency, contributing to a net profit increase of 60.1% year-on-year. Our intelligent chatbot, upgraded with a new hybrid attention mechanism, has improved understanding and handling of long conversations, doubling inference throughput. We also launched a low-code AI platform to empower employees in marketing and customer service, which we plan to expand into non-insurance areas. Q: How has the insurance business performed this quarter, and what innovations have been introduced? A: (Wei Ran, Director and GM of Insurance Technology Business) The insurance business saw a revenue i...
Investor releaseQuarter not tagged2025-12-03Waterdrop Inc. Announces Third Quarter 2025 Unaudited Financial Results, Net profit rises 60.1% year-on-year
PR Newswire
Waterdrop Inc. Announces Third Quarter 2025 Unaudited Financial Results, Net profit rises 60.1% year-on-year
BEIJING, Dec. 3, 2025 /PRNewswire/ -- On December 3, 2025, Waterdrop Inc. (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare services with a positive social impact, unveiled its unaudited financial results for the three months ended September 30,2025. During the quarter, Waterdrop reported net operating revenue of RMB 974.9 million, representing an increase of 38.4% year-over-year. Net profit attributable to ordinary shareholders totaled RMB 158.5 million, up 60.1% from the previous year, sustaining profitability for the fifteenth consecutive quarter. Operating expenses, including sales, administrative, and R&D expenses, accounted for 39.6% of revenue, a decrease of 8.3 percentage points year-on-year. Since announcing its first share repurchase program in September 2021, As of November 30, 2025, Waterdrop has repurchased approximately 58.1 million American Depositary Shares (ADSs) from the open market. Insurance Business: operating revenue increased by 44.8% YOY Waterdrop's insurance-related revenue amounted to RMB 869.7 million in the third quarter of 2025, representing an increase of 44.8% year-over-year. The insurance business operating profit reached RMB 176.4 million,representing an increase of 44% year-over-year. First-year premiums (FYPs) generated by insurance business increased by 32.3% quarter over quarter. By deploying AI at key touchpoints, the company is unlocking new levels of performance. Premiums facilitated by "AI Medical Insurance Expert" increased by 82% on a quarter-over-quarter basis. Thanks to "KEYI.AI" underwriting assistant, underwriting workflow is streamlined and the corresponding processing time is dramatically reduced, turning tasks that previously took several minutes into a near-instantaneous process. Meanwhile, "AI Customer Service Agent" currently independently handles 600,000 inquiries in one month. Waterdrop Insurance Marketplace prioritize user needs and continue to deliver innovative insurance products to users and their loved ones. In this quarter, the company introduced "Quan Jia Fu Family Protection Plan", which covers up to nine family members under a single policy, and upgraded "Guo Min Bao Mid-to-High-End Medical Insurance" with an expanded network of quality private hospitals. Additionally, the "Wu You Shou Hu" series of disability insurance product matrix has been upgraded, achieving c...
Investor releaseQuarter not tagged2025-12-03Waterdrop Inc. Announces Third Quarter 2025 Unaudited Financial Results
PR Newswire
Waterdrop Inc. Announces Third Quarter 2025 Unaudited Financial Results
BEIJING, Dec. 3, 2025 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the three and nine months ended September 30, 2025. Financial and Operational Highlights for the Third Quarter of 2025 Substantial profit growth: In the third quarter of 2025, operating profit was RMB113.8 million (US$16.0 million), marking a strong year-over-year increase of 329.8%. Net profit attributable to our ordinary shareholders reached RMB158.5 million (US$22.3 million), representing a solid year-over-year increase of 60.1%. Rapid revenue expansion in the core business: Net operating revenue was RMB974.9 million (US$136.9 million), representing an increase of 38.4% year-over-year. Insurance-related income amounted to RMB869.7 million (US$122.2 million) in the third quarter of 2025, rising by 44.8% from the same period of 2024. Medical crowdfunding coverage: As of September 30, 2025, approximately 485 million people had cumulatively donated a total of RMB71.2 billion to 3.61 million patients through Waterdrop Medical Crowdfunding. Patient recruitment performance: As of September 30, 2025, the Company had cumulatively enrolled 13,282 patients into 1,491 clinical trial programs through the E-Find Platform. Mr. Peng Shen, Founder, Chairman, and Chief Executive Officer of Waterdrop, commented, "We are pleased to announce another quarter of outstanding performance, marked by robust revenue expansion and significant profit growth. For our insurance business, we upgraded our data infrastructure and real-time identification capabilities, allowing us to gain profound insights of our users within milliseconds. This enables us to optimize traffic utilization and sharpen user-acquisition performance, fueling a 32.3% sequential increase in insurance premiums. Moreover, we prioritize user needs and continue to deliver innovative insurance products to users and their loved ones. In this quarter, we introduced 'Quan Jia Fu Family Protection Plan', which covers up to nine family members under a single policy, and upgraded 'Guo Min Bao Mid-to-High-End Medical Insurance' with an expanded network of quality private hospitals. Our commitment to AI is creating a faster, more efficient, and more intelligent platform....
Investor releaseQuarter not tagged2025-11-19Waterdrop Inc. to Report Third Quarter 2025 Financial Results on December 3, 2025
PR Newswire
Waterdrop Inc. to Report Third Quarter 2025 Financial Results on December 3, 2025
BEIJING, Nov. 19, 2025 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH) ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2025, before U.S. markets open on Wednesday, December 3, 2025. Waterdrop's management team will hold a conference call on December 3, 2025 at 7:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day) to discuss the financial results. Dial-in details for the earnings conference call are as follows: Participants can choose between the Chinese and the English interpretation lines. Please note that the English interpretation option will be in listen-only mode. Please dial in 15 minutes before the call is scheduled to begin and provide the Elite Entry Number to join the call. Telephone replays will be accessible two hours after the conclusion of the conference call through December 10, 2025 by dialing the following numbers: Additionally, live and archived webcasts of the conference call will be available at the Company's investor relations website at http://ir.waterdrop-inc.com/. About Waterdrop Inc. Waterdrop Inc. (NYSE: WDH) is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. Founded in 2016, with the comprehensive coverage of Waterdrop Insurance Marketplace and Waterdrop Medical Crowdfunding, Waterdrop aims to bring insurance and healthcare service to billions through technology. For more information, please visit www.waterdrop-inc.com. For investor inquiries, please contact Waterdrop Inc. [email protected] View original content:https://www.prnewswire.com/news-releases/waterdrop-inc-to-report-third-quarter-2025-financial-results-on-december-3-2025-302619540.html
Investor releaseQuarter not tagged2025-09-06Waterdrop Inc (WDH) Q2 2025 Earnings Call Highlights: AI Integration Drives Revenue and Profit ...
GuruFocus.com
Waterdrop Inc (WDH) Q2 2025 Earnings Call Highlights: AI Integration Drives Revenue and Profit ...
This article first appeared on GuruFocus. Release Date: September 04, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Waterdrop Inc (NYSE:WDH) reported a significant year-on-year revenue growth of 23.9%, reaching CNY840 million, driven by AI integration. The company's operating profit increased by 85.9% year-on-year, with an improvement in operating margin by 3.9 percentage points. Waterdrop Inc (NYSE:WDH) has successfully integrated AI into various business operations, enhancing productivity per capita and improving customer acquisition and service efficiency. The company has actively engaged in social return initiatives, collaborating with 118 public charitable organizations and initiating over 15,500 public welfare projects. Waterdrop Inc (NYSE:WDH) announced an enhanced tax dividend of $10.9 million, representing a 50% increase over previous dividends, and continued its share repurchase program. Despite revenue growth, the total operating costs and expenses increased by 18.7% year-on-year, which could impact future profitability. Sales and marketing expenses rose by 26.3% compared to the previous year, primarily due to increased marketing expenses for third-party traffic channels. The cost of referral and service fees increased by about 30.5%, which may affect the company's cost management strategies. General and administrative expenses decreased, but the company still faces challenges in tightening operational control. The company's reliance on AI technology requires continuous investment in R&D, which could strain financial resources if not managed effectively. Warning! GuruFocus has detected 8 Warning Signs with WDH. Is WDH fairly valued? Test your thesis with our free DCF calculator. Q: Can you elaborate on the impact of AI integration on Waterdrop's operational efficiency and financial performance? A: Mr. Shenhong, Founder, Chairman, and CEO, explained that AI integration has significantly improved operational efficiency, leading to an 85.9% year-on-year increase in operating profit and a 3.9 percentage point lift in operating margin. AI has been applied across customer acquisition, sales, underwriting, customer service, and quality assurance, contributing to a 23.9% year-on-year revenue growth, reaching CNY840 million. Q: How has the insurance business performed in Q2 2025, and what role did...