In the first quarter of 2026, Waterdrop achieved net operating revenue of RMB1,242.2 million, representing a 64.8% year-over-year increase. Net profit attributable to the Company's ordinary shareholders was RMB98.4 million, marking the Company's 17th consecutive quarter of profitability. As of May 31, 2026, Waterdrop had cumulatively repurchased approximately 61.8 million American Depositary Shares (ADSs) from the open market.
2026 marks Waterdrop's tenth anniversary. With solid first-quarter results, the Company has laid a strong foundation for the next decade. Waterdrop remains committed to advancing AI-powered technology innovation to make healthcare and financial services more accessible to the general public.
Insurance Business Steady Growth with Deepening AI Integration
In the first quarter, Waterdrop's insurance-related income continued its strong growth trajectory, up 74.1% year-over-year. The Company is accelerating the deployment of AI technologies across the entire insurance value chain. This quarter, first-year premiums facilitated by the user-facing "AI Insurance Expert" increased by 17.7% quarter-over-quarter. KEYI.AI underwriting assistant has processed more than 10,000 inquiries to date.
On the product supply side, Waterdrop continues to drive innovation, leveraging AI and big data to support product development, enabling individuals ...
