Waystar Holding Corp. (WAY)

Waystar Holding Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	112.09	-19.13	-51.33	-51.46	-47.12
Depreciation & Amortization	129.95	158.55	169.67	177.57	173.66
Other Amortization	13.3	14.15	17.27	15.86	11.29
Loss (Gain) From Sale of Assets	-	-	-	0.03	-
Asset Writedown & Restructuring Costs	-	17.88	-	10.86	-
Stock-Based Compensation	42.07	54.44	8.85	8	6.83
Provision & Write-off of Bad Debts	3.32	2.67	2.42	2.52	2.56
Other Operating Activities	47.04	-38.62	-60.79	-25.96	-22.01
Change in Accounts Receivable	-7.32	-21.82	-16.71	-17.37	-15.23
Change in Accounts Payable	8.93	18.23	11.92	-3.34	12.27
Change in Unearned Revenue	-4.66	-0.84	-0.17	-1.32	3.43
Change in Income Taxes	-16.99	3.97	-2.46	6.43	2.57
Change in Other Net Operating Assets	-18.04	-19.71	-27.2	-19.18	-21.85
Operating Cash Flow	309.67	169.77	51.46	102.63	106.41
Operating Cash Flow Growth	82.41%	229.90%	-49.86%	-3.55%	-
Capital Expenditures	-26.48	-27.27	-21.52	-17.43	-14.54
Cash Acquisitions	-629.54	-	-40	-	-429.79
Investment in Securities	-24.88	-	-	-	-
Investing Cash Flow	-680.9	-27.27	-61.52	-17.43	-444.33
Long-Term Debt Issued	390.14	576.06	20	-	367
Long-Term Debt Repaid	-165.47	-1,585	-38.77	-65.81	-17.71
Net Debt Issued (Repaid)	224.67	-1,009	-18.77	-65.81	349.29
Issuance of Common Stock	25.78	1,019	0.43	0.65	1.19
Repurchase of Common Stock	-	-0.84	-0.69	-2.45	-1.91
Other Financing Activities	-7	7.58	1.89	0.55	-17.07
Financing Cash Flow	243.45	16.65	-17.15	-67.07	331.5
Net Cash Flow	-127.77	159.15	-27.21	18.14	-6.43
Free Cash Flow	283.19	142.5	29.94	85.2	91.87
Free Cash Flow Growth	98.73%	375.90%	-64.86%	-7.25%	-
Free Cash Flow Margin	25.76%	15.10%	3.79%	12.09%	15.88%
Free Cash Flow Per Share	1.53	0.95	0.25	0.70	0.76
Cash Interest Paid	81.67	122.77	193	144.32	117.11
Cash Income Tax Paid	32.42	51.1	51.45	5.57	2.1
Levered Free Cash Flow	310.37	199.47	121.54	135	-
Unlevered Free Cash Flow	356.13	286.95	239.77	221.82	-
Change in Working Capital	-38.09	-20.17	-34.62	-34.78	-18.81

Updated Feb 17, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q