Waystar Holding Corp. (WAY)
NASDAQ: WAY · Real-Time Price · USD
27.42
-0.72 (-2.56%)
Nov 3, 2026, 12:39 PM EST - Market open
Waystar Holding Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 1,263 | 1,099 | 943.55 | 791.01 | 704.87 | 578.57 | |
Revenue Growth | 21.43% | 16.50% | 19.28% | 12.22% | 21.83% | - |
Cost of Revenue | 386.56 | 348.16 | 315.73 | 249.77 | 214.89 | 151.77 |
Gross Profit | 876.15 | 751.12 | 627.82 | 541.24 | 489.98 | 426.8 |
Selling, General & Admin | 346.92 | 293.94 | 268.69 | 187.36 | 173.7 | 162.09 |
Research & Development | 74.91 | 54.62 | 48.78 | 35.33 | 32.81 | 28.34 |
Operating Expenses | 586.66 | 489.11 | 486.22 | 399.16 | 389.68 | 366.48 |
Operating Income | 289.49 | 262.01 | 141.6 | 142.08 | 100.31 | 60.32 |
Interest Expense | -82.46 | -77.54 | -146.27 | -205.92 | -155.33 | -127.01 |
EBT Excluding Unusual Items | 207.03 | 184.46 | -4.67 | -63.83 | -55.02 | -66.7 |
Merger & Restructuring Charges | -12.7 | -12.7 | -17.88 | - | - | - |
Asset Writedown | - | - | - | - | -10.86 | - |
Pretax Income | 194.33 | 171.76 | -22.55 | -63.83 | -65.88 | -66.7 |
Income Tax Expense | 59.17 | 59.67 | -3.42 | -12.5 | -14.42 | -19.58 |
Net Income | 135.16 | 112.09 | -19.13 | -51.33 | -51.46 | -47.12 |
Net Income to Common | 135.16 | 112.09 | -19.13 | -51.33 | -51.46 | -47.12 |
Net Income Growth | 21.57% | - | - | - | - | - |
Shares Outstanding (Basic) | 192 | 178 | 150 | 122 | 122 | 121 |
Shares Outstanding (Diluted) | 196 | 185 | 150 | 122 | 122 | 121 |
Shares Change | 9.33% | 23.26% | 23.21% | -0.01% | 0.22% | - |
EPS (Basic) | 0.70 | 0.63 | -0.13 | -0.42 | -0.42 | -0.39 |
EPS (Diluted) | 0.69 | 0.61 | -0.13 | -0.42 | -0.42 | -0.39 |
EPS Growth | 11.56% | - | - | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 264.05 | 283.19 | 142.5 | 29.94 | 85.2 | 91.87 |
Free Cash Flow Per Share | 1.35 | 1.53 | 0.95 | 0.25 | 0.70 | 0.76 |
Gross Margin | 69.39% | 68.33% | 66.54% | 68.42% | 69.51% | 73.77% |
Operating Margin | 22.93% | 23.83% | 15.01% | 17.96% | 14.23% | 10.42% |
Profit Margin | 10.70% | 10.20% | -2.03% | -6.49% | -7.30% | -8.14% |
Free Cash Flow Margin | 20.91% | 25.76% | 15.10% | 3.79% | 12.09% | 15.88% |
EBITDA | 443.72 | 391.95 | 300.16 | 311.75 | 277.87 | 233.97 |
EBITDA Margin | 35.14% | 35.66% | 31.81% | 39.41% | 39.42% | 40.44% |
D&A For EBITDA | 154.23 | 129.95 | 158.55 | 169.67 | 177.57 | 173.66 |
EBIT | 289.49 | 262.01 | 141.6 | 142.08 | 100.31 | 60.32 |
EBIT Margin | 22.93% | 23.83% | 15.01% | 17.96% | 14.23% | 10.42% |
Effective Tax Rate | 30.45% | 34.74% | - | - | - | - |
Advertising Expenses | - | 14.7 | 12.5 | 10.5 | 10.9 | 10 |