Waterdrop (WDH) Revenue & Revenue Breakdown


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Waterdrop Revenue Highlights


Latest Revenue (Y)

$2.63B

Latest Revenue (Q)

$704.70M

Main Segment (Y)

Technical Service Income

Waterdrop Revenue by Period


Waterdrop Revenue by Year

DateRevenueChange
2023-12-31$2.63B-6.11%
2022-12-31$2.80B-12.61%
2021-12-31$3.21B5.88%
2020-12-31$3.03B100.40%
2019-12-31$1.51B534.46%
2018-12-31$238.15M-

Waterdrop generated $2.63B in revenue during NA 2023, up -6.11% compared to the previous quarter, and up 1104.65% compared to the same period a year ago.

Waterdrop Revenue by Quarter

DateRevenueChange
2024-03-31$704.70M6.88%
2023-12-31$659.36M-3.95%
2023-09-30$686.48M1.15%
2023-06-30$678.70M11.97%
2023-03-31$606.16M-10.79%
2022-12-31$679.47M-12.01%
2022-09-30$772.19M10.09%
2022-06-30$701.42M8.13%
2022-03-31$648.69M7.42%
2021-12-31$603.89M-22.51%
2021-09-30$779.30M-17.04%
2021-06-30$939.35M6.34%
2021-03-31$883.37M6.39%
2020-12-31$830.34M-3.78%
2020-09-30$862.97M26.75%
2020-06-30$680.84M4.14%
2020-03-31$653.79M73.08%
2019-12-31$377.74M-
2019-09-30$377.74M-
2019-06-30$377.74M-
2019-03-31$377.74M534.46%
2018-12-31$59.54M-
2018-09-30$59.54M-
2018-06-30$59.54M-
2018-03-31$59.54M-

Waterdrop generated $704.70M in revenue during Q1 2024, up 6.88% compared to the previous quarter, and up 103.71% compared to the same period a year ago.

Waterdrop Revenue Breakdown


Waterdrop Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21
Technical Service Income$215.83M$243.54M
Other Revenues$27.35M$132.16M
Management Fee Income-$2.75M

Waterdrop's latest annual revenue breakdown by segment (product or service), as of Dec 22: Technical Service Income (88.75%), and Other Revenues (11.25%).

Waterdrop Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ACGLArch Capital Group$13.63B$4.06B
EQHEquitable$10.53B$3.51B
ORIOld Republic$7.30B$1.82B
WDHWaterdrop$2.63B$704.70M
ESGREnstar Group$1.43B$236.00M
IGICInternational General Insurance$471.60M$127.90M
GSHDGoosehead Insurance$261.28M$78.09M

WDH Revenue FAQ


Waterdrop's yearly revenue for 2023 was $2.63B, representing a decrease of -6.11% compared to 2022. The company's yearly revenue for 2022 was $2.8B, representing a decrease of -12.61% compared to 2021. WDH's yearly revenue for 2021 was $3.21B, representing an increase of 5.88% compared to 2020.

Waterdrop's quarterly revenue for Q1 2024 was $704.7M, a 6.88% increase from the previous quarter (Q4 2023), and a 16.26% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $659.36M, a -3.95% decrease from the previous quarter (Q3 2023), and a -2.96% decrease year-over-year (Q4 2022). WDH's quarterly revenue for Q3 2023 was $686.48M, a 1.15% increase from the previous quarter (Q2 2023), and a -11.10% decrease year-over-year (Q3 2022).

Waterdrop's revenue growth rate for the last 3 years (2021-2023) was -17.94%, and for the last 5 years (2019-2023) was 74.11%.

Waterdrop's revenue streams in c 22 are Technical Service Income, and Other Revenues. Technical Service Income generated $215.83M in revenue, accounting 88.75% of the company's total revenue, down -11.38% year-over-year. Other Revenues generated $27.35M in revenue, accounting 11.25% of the company's total revenue, down -79.31% year-over-year.

For the fiscal year ending Dec 22, the largest source of revenue of Waterdrop was Technical Service Income. This segment made a revenue of $215.83M, representing 88.75% of the company's total revenue.