WAY - NASDAQ
Waystar Holding Corp.
$19.52
+0.026%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 SnapshotWaystar Holding Corp. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working Capital Impact
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Cash Flow Quality Insight
Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.
Waystar Holding Corp. Cash Flow Statement
WAY • NASDAQ
| Waystar Holding Corp. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||
112.1M | -19.1M | -51.3M | -51.5M | -47.1M | |
140.5M | 186.6M | 176.5M | 183.2M | 176.1M | |
45.2M | -59.1M | -61.7M | -27.1M | -23.3M | |
42.1M | 54.4M | 8.8M | 8M | 6.8M | |
7.8M | 27.1M | 13.7M | 24.8M | 12.8M | |
(0.0) | (51.1M) | (51.4M) | (5.6M) | (2.1M) | |
-38.1M | -20.2M | -34.6M | -34.8M | -18.8M | |
309.7M | 169.8M | 51.5M | 102.6M | 106.4M | |
INVESTING ACTIVITIES | |||||
-26.5M | -27.3M | -21.5M | -17.4M | -14.5M | |
-629.5M | (0.0) | -40M | (0.0) | -429.8M | |
-231.3M | (0.0) | (0.0) | (0.0) | (0.0) | |
206.4M | 0.0 | 0.0 | 0.0 | 0.0 | |
-680.9M | -27.3M | -61.5M | -17.4M | -444.3M | |
FINANCING ACTIVITIES | |||||
25.8M | 1B | -263K | -1.8M | -715K | |
224.6M | -1B | -18.8M | -65.8M | 349.3M | |
(0.0) | -844K | -688K | -2.5M | -1.9M | |
-7M | 7.6M | 1.9M | 554K | -17.1M | |
243.5M | 16.7M | -17.2M | -67.1M | 331.5M | |
CASH FLOW SUMMARY | |||||
-127.8M | 159.2M | -27.2M | 18.1M | -6.4M | |
204.6M | 45.4M | 72.6M | 54.5M | 60.9M | |
76.8M | 204.6M | 45.4M | 72.6M | 54.5M | |
283.2M | 142.5M | 29.9M | 85.2M | 91.9M |
SEC Filings
WAY - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
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 |
Related Guides
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Research Paths
Snapshot
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Statements
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Dividends
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