Waterdrop
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Waterdrop's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 6% to $2,630,707,000. Profit margin reached 6%. Total operating expenses were $1,051,372,000.

Profit Margin

Waterdrop Inc. (NYSE:WDH): Profit margin
2018 238.14M -209.19M -87.84%
2019 1.51B -321.50M -21.28%
2020 3.02B -663.85M -21.92%
2021 3.20B -1.57B -49.1%
2022 2.80B 607.71M 21.69%
2023 2.63B 167.22M 6.36%

WDH Income Statement (2018 – 2023)

2023 2022 2021 2020 2019 2018
Revenue
Revenue
2.63B2.80B3.20B3.02B1.51B238.14M
Cost of revenue
1.58B1.01B1.05B742.25M291.31M45.93M
Gross profit
1.04B1.78B2.15B2.28B1.21B192.21M
Operating exp.
Research and development
299.06M291.29M378.99M244.23M214.64M69.19M
Selling and marketing
349.91M624.47M3.10B2.13B1.05B184.94M
Total operating expenses
1.05B1.30B4.01B2.78B1.41B380.38M
Operating income
-6.74M239.50M-1.86B-496.24M-194.48M-188.16M
Other income (expenses), net
170.98M391.18M67.77M-117.45M15.50M-1.90M
Income before tax
164.24M630.69M-1.79B-613.69M-178.97M-187.63M
Income tax expense
555K22.97M-220.98M50.15M142.52M21.50M
Net income
167.22M607.71M-1.57B-663.85M-321.50M-209.19M
Earnings per share
Basic EPS
0.41.5-3.99-2.06-1-0.65
Diluted EPS
0.431.5-3.99-2.06-1-0.65
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