Waterdrop Inc. Reports Strong Q1 2026 Financial Performance

On June 16, 2026, Waterdrop Inc., a key player in insurance and healthcare technology, announced its unaudited financial results for Q1 2026. The company reported a net operating revenue of RMB1,242.2 million, marking a 64.8% year-over-year increase. Net profit attributable to shareholders reached RMB98.4 million. Waterdrop has also repurchased approximately 61.8 million ADSs from the open market, coinciding with its tenth anniversary.

The insurance sector saw robust growth, with a 74.1% rise in related income. AI technology played a significant role, increasing first-year premiums by 17.7% quarter-over-quarter. Furthermore, the AI assistant KEYI.AI handled over 10,000 inquiries. The company also focused on accessible healthcare services, launching the "Shouhu Ruchu" plan for cancer coverage.

Waterdrop Medical Crowdfunding saw donations exceeding RMB73.5 billion, aiding 3.75 million patients. With AI-driven verification and feedback systems, transparency and traceability are maintained. Additionally, the E-Find Platform, partnering with 243 companies, generated RMB24.2 million, promoting innovations in clinical trials.