Waterdrop (WDH.US) releases financial report for Q4 and full year 2025, achieves profitability for 16 consecutive quarters

In the fourth quarter of 2025, Waterdrop's net operating revenue was 1.411 billion yuan; net profit attributable to shareholders was 162 million yuan, marking a year-on-year increase of 62.7% and achieving profitability for 16 consecutive quarters. For the full year 2025, net operating revenue was 3.978 billion yuan, up 43.5% year-on-year; net profit attributable to shareholders was 569 million yuan, a year-on-year increase of 54.8%.