Waterdrop annual operating expenses
2021
2022
2023
2024
2025
Waterdrop Operating Expenses Growth & History (WDH)
Waterdrop's operating expenses was $515.8M for fiscal 2025.
View full Waterdrop company overviewWaterdrop annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $515.8M | $160.4M | +45.15% |
| 2024 | 2024-12-31 | $355.3M | −$16.1M | −4.35% |
| 2023 | 2023-12-31 | $371.5M | $34.6M | +10.26% |
| 2022 | 2022-12-31 | $336.9M | −$458.5M | −57.64% |
| 2021 | 2021-12-31 | $795.4M | — | — |
Waterdrop operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, Waterdrop's operating expenses decreased from $795.4M to $515.8M, a change of −$279.6M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Waterdrop source filings ↗