Waystar Holding Corp.WAYEarnings & Financial Report
Waystar Holding Corp is a leading provider of integrated healthcare payment and revenue cycle management solutions. It serves healthcare providers, health systems, and payers across the United States, offering tools that streamline billing, claims processing, patient payment collection, and revenue optimization to reduce administrative burdens and improve financial performance for healthcare organizations.
Revenue
$224.8M
Gross Profit
N/A
Operating Profit
$35.2M
Net Profit
$-15.9M
Gross Margin
N/A
Operating Margin
15.7%
Net Margin
-7.1%
YoY Growth
N/A
EPS
$-0.13
Financial Flow
Waystar Holding Corp. Q1 2024 Financial Summary
Waystar Holding Corp. reported revenue of $224.8M for Q1 2024, with a net profit of $-15.9M (-7.1% margin). Cost of goods sold was N/A.
Key Financial Metrics
| Total Revenue | $224.8M |
|---|---|
| Net Profit | $-15.9M |
| Gross Margin | N/A |
| Operating Margin | 15.7% |
| Report Period | Q1 2024 |
Waystar Holding Corp. Annual Revenue by Year
Waystar Holding Corp. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.1B |
| 2024 | $943.5M |
Waystar Holding Corp. Quarterly Revenue & Net Profit History
Waystar Holding Corp. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $303.5M | +24.3% | $20.0M | 6.6% |
| Q3 2025 | $268.7M | +11.9% | $30.6M | 11.4% |
| Q2 2025 | $270.7M | +15.4% | $32.2M | 11.9% |
| Q1 2025 | $256.4M | +14.1% | $29.3M | 11.4% |
| Q4 2024 | $244.1M | — | $19.1M | 7.8% |
| Q3 2024 | $240.1M | +21.7% | $5.4M | 2.3% |
| Q2 2024 | $234.5M | +19.7% | $-27.7M | -11.8% |
| Q1 2024 | $224.8M | — | $-15.9M | -7.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $224.8M | $234.5M | $240.1M | $244.1M | $256.4M | $270.7M | $268.7M | $303.5M |
| YoY Growth | N/A | 19.7% | 21.7% | N/A | 14.1% | 15.4% | 11.9% | 24.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | N/A | $4.57B | $4.54B | $4.58B | $4.62B | $4.68B | $4.75B | $5.79B |
| Liabilities | N/A | $1.62B | $1.49B | $1.50B | $1.49B | $1.50B | $1.52B | $1.91B |
| Equity | $2.04B | $2.95B | $3.05B | $3.08B | $3.13B | $3.17B | $3.22B | $3.88B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $10.7M | $15.4M | $78.8M | $64.2M | $96.8M | $82.0M | $66.6M |