Waterdrop Inc. (WDH) Earnings History
Profitable8 years of earnings data (2018–2025) · Positive TTM net income
Loading earnings history...
Waterdrop Inc. (WDH) Earnings Overview
As of June 24, 2026, Waterdrop Inc. (WDH) reported trailing twelve-month net income of $447M, reflecting +1370.0% year-over-year growth. The company earned $1.20 per diluted share over the past four quarters, with a net profit margin of 14.3%.
Looking at the long-term picture, WDH's historical earnings data spans multiple years. The company achieved its highest annual net income of $608M in fiscal 2022.
Waterdrop Inc. maintains positive profitability with a gross margin of 51.1%, operating margin of 9.3%, and net margin of 14.3%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including ACMR ($91M net income, 10.4% margin), HUYA (-$153M net income, -1.7% margin), ZH (-$191M net income, -7.0% margin), WDH has outperformed on profitability metrics. Compare WDH vs ACMR →
WDH Earnings vs Peers
Earnings metrics vs comparable public companies
WDH Historical Earnings Data (2018–2025)
8 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $553M | +50.6% | $361M | $14.70 | 14.3% | 9.3% |
| 2024 | $368M | +119.8% | $178M | $1.00 | 13.3% | 6.4% |
| 2023 | $167M | -72.5% | -$7M | $0.43 | 6.4% | -0.3% |
| 2022 | $608M | +138.6% | $478M | $1.50 | 21.7% | 17.1% |
| 2021 | -$1.57B | -137.1% | -$1.86B | $-3.99 | -49.1% | -58.1% |
| 2020 | -$664M | -106.5% | -$496M | $-3.45 | -21.9% | -16.4% |
| 2019 | -$322M | -53.7% | -$194M | $-1.00 | -21.3% | -12.9% |
| 2018 | -$209M | - | -$188M | $-0.65 | -87.8% | -79.0% |
Download Data
Export WDH earnings history in CSV or JSON format
Free sign-in required to download data
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
8+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
WDH — Frequently Asked Questions
Quick answers to the most common questions about buying WDH stock.
What is WDH earnings per share (EPS)?
WDH trailing twelve-month (TTM) diluted EPS is $1.20, reflecting +1370.0% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2018 to 2025 is available in the table on this page.
What is Waterdrop Inc.'s net income?
Waterdrop Inc. (WDH) trailing twelve-month net income is $447M as of 2025. Earnings grew +1370.0% year-over-year. Waterdrop Inc. has been profitable for 4 consecutive years.
Is WDH profitable?
Yes, WDH is profitable with a TTM net income of $447M and a net profit margin of +14.3%. Waterdrop Inc. has generated profits for 4 consecutive years.
What is WDH's earnings growth rate?
WDH compound annual EPS growth rates (CAGR): 1-Year: +1370.0%, 3-Year: +114.0%, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2018 to 2025.
What are WDH's profit margins?
Waterdrop Inc. net profit margin is +14.3%, operating margin is +9.3%, and gross margin is +51.1%. Margins are within a typical range for the sector. Return on Equity is +11.0%.
Is WDH growing earnings?
Yes, WDH earnings are accelerating — EPS growth of +1370.0% exceeds the 5-year CAGR of N/A. TTM net income reached $447M. Earnings momentum is strengthening.
What was WDH's best earnings year?
Waterdrop Inc.'s highest annual net income on record is $608M, achieved in fiscal year 2022. Earnings history on this page spans 2018 to 2025 and includes all annual and quarterly figures.
What were WDH's earnings last quarter?
WDH's most recent reported quarter was Q2 2025. Net income was $140M with diluted EPS of $0.40. For a full breakdown of all quarters, see the quarterly earnings table on this page.