Waterdrop Overview

Waterdrop Research & Development

Research & Development expenses for WDH.

Quarterly R&D Expenses

$65.25M

↑ 20.25% YoY

As of Dec 31, 2025

Annual R&D Expenses (TTM)

$231.77M

↑ 7.05% YoY

Trailing 12 months ending Dec 31, 2025

Average R&D Expenses (Comparison Companies)

Research & Development History

Research & Development Comparison

Annual Research & Development Growth Rate (%)

Annual Research & Development Growth (Absolute)

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Total Revenue Cost of Revenue Gross Profit Research & Development Selling, General & Admin Operating Income Other Income Expense Net EBIT Income Tax Net Income Profit Margin