Waterdrop, Inc. ADR Class A ( (WDH) ) has released its Q2 earnings. Here is a breakdown of the information Waterdrop, Inc. ADR Class A presented to its investors.
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Waterdrop Inc., a leading technology platform in the insurance and healthcare service sector, has announced its unaudited financial results for the second quarter of 2025, highlighting significant growth in profitability and insurance premiums.
In the second quarter of 2025, Waterdrop reported a net profit of RMB140.2 million, marking a 58.7% increase from the previous year. The company also announced a cash dividend and continued positive operating cash flow. The insurance business saw a remarkable 80.2% year-over-year growth in first-year premiums, contributing to a 23.9% increase in net operating revenue.
Key financial metrics include a net operating revenue of RMB838.0 million and a significant increase in insurance-related income by 28.7% year-over-year. The company’s AI-driven initiatives, such as the Waterdrop Guardian AI Application Suite, have enhanced user experience and productivity, driving a 155% increase in premiums facilitated by the AI Medical Insurance Expert. Additionally, the acquisition of Shenlanbao is expected to strengthen synergies and service differentiation.
Waterdrop’s medical crowdfunding platform has upgraded its risk assessment capabilities, and the E-Find Platform has expanded its collaboration with pharmaceutical organizations, enrolling a record number of patients in clinical trials. The company has also announced a new share repurchase program and an enhanced cash dividend, reflecting its commitment to shareholder returns.
Looking ahead, Waterdrop aims to continue its growth trajectory by focusing on tech-driven innovation and delivering value to its users, partners, and shareholders.

