Waystar Holding Corp.

Waystar Holding Corp.

WAYยทNASDAQ

$19.52

+0.026%
TechnologyInformation Technology Services

Waystar Holding Corp. develops a cloud-based software solution for healthcare payments. Its platform offers financial clearance, patient financial care, claim and payment management, denial prevention and recovery, revenue capture, and analytics and reporting solutions. The company primarily serves healthcare industry. Waystar Holding Corp. was founded in 2017 and is based in Lehi, Utah.

At a Glance

Live Snapshot
Market Cap$3.75B
EPS0.6300
P/E Ratio30.99
Earnings Date07/29/2026
3Y+56.0%
5Y+90.0%
10Y+90.0%
3Y-318.0%
5Y-338.0%
10Y-338.0%
3Y+202.0%
5Y+191.0%
10Y+191.0%
Waystar Holding Corp.

Waystar Holding Corp. Profit Bridge

WAY ยท NASDAQ
Revenue1.10B
Cost of Goods Sold (388.60M)
Gross Profit710.67M
Operating Expenses (444.48M)
Operating Income266.20M
Interest Expense (79.07M)
Other Income/Expense-94.44M
Pretax Income171.76M
Income Tax (59.67M)
Net Income112.09M
Net Income
112.09M

Profitability Analysis

Gross Margin

64.6%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

24.2%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

10.2%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

34.7%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.

Waystar Holding Corp. Income Statement

WAY โ€ข NASDAQ

Waystar Holding Corp. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
REVENUE
1.1B
943.5M
791M
704.9M
578.6M
GROSS PROFIT
(388.6M)
(315.7M)
(249.8M)
(214.9M)
(151.8M)
710.7M
627.8M
541.2M
490M
426.8M
OPERATING INCOME
(444.5M)
(504.1M)
(399.2M)
(400.5M)
(366.5M)
(306.6M)
(268.7M)
(187.4M)
(184.6M)
(162.1M)
(54.6M)
(48.8M)
(35.3M)
(32.8M)
(28.3M)
266.2M
123.7M
142.1M
89.5M
60.3M
PRE-TAX INCOME
(79.1M)
(146.3M)
(205.9M)
(155.3M)
(127M)
-79.1M
-146.3M
-205.9M
-155.3M
-127M
(83.2M)
(186.6M)
(176.5M)
(183.2M)
(176.1M)
-94.4M
-146.3M
-205.9M
-155.3M
-127M
171.8M
-22.5M
-63.8M
-65.9M
-66.7M
NET INCOME
(59.7M)
-3.4M
-12.5M
-14.4M
-19.6M
112.1M
-19.1M
-51.3M
-51.5M
-47.1M

SEC Filings

WAY - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

April 29, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 29, 2026
April 29, 2026
2026
DEF 14A

DEF 14A 2025

N/A

April 17, 2026
December 31, 2025
2025
10-K

10-K 2025 FY

FY

February 17, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 17, 2026
February 17, 2026
2026
8-K

8-K 2026

N/A

February 06, 2026
February 02, 2026
2026
10-Q

10-Q 2025 Q3

Q3

October 29, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 29, 2025
October 29, 2025
2025
8-K

8-K 2025

N/A

October 01, 2025
October 01, 2025
2025
8-K

8-K 2025

N/A

September 11, 2025
September 10, 2025
2025
Showing 1 to 10 of 38 filings