Waterdrop Inc. Reports Q2 2026 Financial Results: Revenue Up 72.8% Year-Over-Year
On September 8, 2026, Waterdrop Inc. (NYSE: WDH) released its unaudited financial results for the second quarter ended June 30, 2026. The company reported operating revenue of RMB1,448.2 million, representing a year-over-year increase of 72.8%. Net profit attributable to ordinary shareholders was RMB125.8 million, continuing its streak of profitability for the past 18 quarters. The insurance segment showed strong performance with an 80.5% year-over-year revenue growth and operating profit rising by 20% quarter-over-quarter to RMB183.6 million. Waterdrop is expanding AI integration across its operations, including a notable increase in premiums facilitated by 'AI Medical Insurance Expert' (up 25.6%) and first-year long-term insurance premiums growing 33.4%. The company also launched innovative products like 'Rongyibao,' the market's first no-health-disclosure critical illness insurance with guaranteed renewability. Waterdrop’s medical crowdfunding platform has seen significant impact, having raised RMB74.7 billion for over 3.82 million patients since its launch in 2016 from contributions by nearly 500 million donors. The E-Find Platform also reported Q2 net revenue of RMB35.2 million and expanded partnerships with 255 pharmaceutical companies and CROs.
Topics: AI technology insurance profitability revenue growth