Waterdrop Inc reported second-quarter 2026 total net operating revenue of RMB1,448 million, up 72.8% year over year, with its insurance business contributing RMB1,333 million, up 80.5% year over year and 16.4% quarter over quarter. Operating profit reached about RMB111 million, up 14.3% year over year and 39.2% quarter over quarter, while net profit attributable to shareholders was roughly RMB126 million, down 10.3% year over year but up 27.9% quarter over quarter, which the company attributed to tax-related items and non-recurring gains and losses. Total operating costs and expenses rose 80.5% year over year to about RMB1,337 million, driven largely by sales and marketing expenses that climbed to about RMB638 million from RMB199 million in the same quarter of 2025. The board approved a cash dividend of $0.03 per ADS, or $0.003 per ordinary share, totaling about $10.8 million and payable in early November 2026, along with a sixth share repurchase program of up to $50 million over the next 12 months; the company has repurchased about 62.9 million ADS for $121 million as of August 31, 2026. For the full year 2026, Waterdrop targets more than 40% year-over-year growth in total revenue and over 10% growth in operating profit.
Yulon Finance Corp
Waterdrop Inc ADR