WAY
Waystar Holding Corp. Common Stock
NASDAQ: WAY · HEALTHCARE · HEALTH INFORMATION SERVICES
$21.38
+1.76% today
Updated 2026-05-08
Market cap
$4.03B
P/E ratio
31.36
P/S ratio
3.48x
EPS (TTM)
$0.67
Dividend yield
—
52W range
$20 – $43
Volume
2.5M
Waystar Holding Corp. Common Stock (WAY) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $578.57M | $704.87M | $791.01M | $943.55M | $1.10B |
| Revenue growth (YoY) | — | +21.8% | +12.2% | +19.3% | +16.5% |
| Cost of revenue | $151.77M | $214.89M | $249.77M | $315.73M | $388.60M |
| Gross profit | $426.80M | $489.98M | $541.24M | $627.82M | $710.67M |
| Gross margin | 73.8% | 69.5% | 68.4% | 66.5% | 64.6% |
| R&D | $28.34M | $32.81M | $35.33M | $48.77M | $54.62M |
| SG&A | $65.55M | $73.09M | $62.92M | $111.75M | $128.62M |
| Operating income | $60.31M | $89.45M | $142.08M | $123.72M | $266.20M |
| Operating margin | 10.4% | 12.7% | 18.0% | 13.1% | 24.2% |
| EBITDA | $236.37M | $272.62M | $318.55M | $310.36M | $405.85M |
| EBITDA margin | 40.9% | 38.7% | 40.3% | 32.9% | 36.9% |
| EBIT | $60.31M | $89.45M | $142.08M | $123.72M | $265.30M |
| Interest expense | $127.01M | $155.32M | $205.92M | $146.27M | $79.07M |
| Income tax | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-47.12M | $-51.45M | $-51.33M | $-19.13M | $112.09M |
| Net income growth (YoY) | — | -9.2% | +0.2% | +62.7% | +686.1% |
| Profit margin | -8.1% | -7.3% | -6.5% | -2.0% | 10.2% |