Waterdrop Inc., 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 health and long-term health and life insurance products and services. It also operates a medical crowdfunding platform. The company was founded in 2016 and is headquartered in Beijing, the People's Republic of China.
Revenue of Waterdrop Inc. (WDH)
Revenue in 2023 (TTM): $2.63 B
According to Waterdrop Inc.'s latest financial reports the company's current revenue (TTM) is $2.63 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Waterdrop Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $2.63 B | $1.04 B | $2.47 M | $164.24 M | $167.22 M |
| 2022 | $2.8 B | $1.78 B | $473.92 M | $630.69 M | $607.72 M |
| 2021 | $3.21 B | $2.15 B | $-1,872,191,000 | $-1,795,067,000 | $-1,574,080,000 |
| 2020 | $3.03 B | $2.29 B | $-331,161,000 | $-613,699,000 | $-663,854,000 |
| 2019 | $1.51 B | $1.22 B | $-191,945,000 | $-178,978,000 | $-321,506,000 |
| 2018 | $238.15 M | $192.22 M | $-186,247,000 | $-187,637,000 | $-209,194,000 |