Waterdrop Inc. has released its unaudited financial results for the first quarter ended March 31, 2026.

The company reported a net operating revenue of RMB 1.242 billion for Q1 2026, representing a year-on-year increase of 64.8%.

Net profit attributable to shareholders reached RMB 98.37 million, marking the seventeenth consecutive quarter of profitability.

As of May 31, 2026, Waterdrop Inc. had cumulatively repurchased approximately 61.8 million American Depositary Shares (ADS) from the public market.

During the first quarter, the company's insurance-related revenue continued its rapid expansion, growing by 74.1% compared to the same period last year.

Waterdrop Inc. is accelerating the application of AI technology across the entire insurance value chain.

In the reported quarter, the AI Insurance Expert contributed to a 17.7% sequential increase in scale premium, while the AI Underwriting Assistant, capable of responding within seconds, has cumulatively handled over 10,000 underwriting inquiries.