Waystar Holding Corp. (WAY)
NASDAQ: WAY · Real-Time Price · USD
34.35
-1.05 (-2.97%)
At close: Dec 5, 2025, 4:00 PM EST
34.39
+0.04 (0.12%)
After-hours: Dec 5, 2025, 7:19 PM EST
Waystar Holding Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| TTM
| FY 2024 | FY 2023 | FY 2022 | FY 2021 |
| Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| Revenue | 1,040 | 943.55 | 791.01 | 704.87 | 578.57 |
| Revenue Growth (YoY) | 14.75% | 19.28% | 12.22% | 21.83% | - |
| Cost of Revenue | 335.07 | 315.73 | 249.77 | 214.89 | 151.77 |
| Gross Profit | 704.78 | 627.82 | 541.24 | 489.98 | 426.8 |
| Selling, General & Admin | 275.67 | 268.69 | 186.46 | 173.7 | 162.09 |
| Research & Development | 47.58 | 48.78 | 35.33 | 32.81 | 28.34 |
| Operating Expenses | 443.47 | 486.22 | 398.26 | 389.68 | 366.48 |
| Operating Income | 261.31 | 141.6 | 142.98 | 100.31 | 60.32 |
| Interest Expense | -74.76 | -146.27 | -205.92 | -155.33 | -127.01 |
| EBT Excluding Unusual Items | 186.55 | -4.67 | -62.93 | -55.02 | -66.7 |
| Merger & Restructuring Charges | -17.88 | -17.88 | -0.9 | - | - |
| Asset Writedown | - | - | - | -10.86 | - |
| Pretax Income | 168.67 | -22.55 | -63.83 | -65.88 | -66.7 |
| Income Tax Expense | 57.49 | -3.42 | -12.5 | -14.42 | -19.58 |
| Net Income | 111.18 | -19.13 | -51.33 | -51.46 | -47.12 |
| Net Income to Common | 111.18 | -19.13 | -51.33 | -51.46 | -47.12 |
| Shares Outstanding (Basic) | 173 | 150 | 122 | 122 | 121 |
| Shares Outstanding (Diluted) | 179 | 150 | 122 | 122 | 121 |
| Shares Change (YoY) | 30.48% | 23.21% | -0.01% | 0.22% | - |
| EPS (Basic) | 0.64 | -0.13 | -0.42 | -0.42 | -0.39 |
| EPS (Diluted) | 0.62 | -0.13 | -0.42 | -0.42 | -0.39 |
| Free Cash Flow | 284.52 | 142.5 | 29.94 | 85.2 | 91.87 |
| Free Cash Flow Per Share | 1.59 | 0.95 | 0.25 | 0.70 | 0.76 |
| Gross Margin | 67.78% | 66.54% | 68.42% | 69.51% | 73.77% |
| Operating Margin | 25.13% | 15.01% | 18.08% | 14.23% | 10.42% |
| Profit Margin | 10.69% | -2.03% | -6.49% | -7.30% | -8.14% |
| Free Cash Flow Margin | 27.36% | 15.10% | 3.79% | 12.09% | 15.88% |
| EBITDA | 368.43 | 300.16 | 312.65 | 277.87 | 233.97 |
| EBITDA Margin | 35.43% | 31.81% | 39.52% | 39.42% | 40.44% |
| D&A For EBITDA | 107.12 | 158.55 | 169.67 | 177.57 | 173.66 |
| EBIT | 261.31 | 141.6 | 142.98 | 100.31 | 60.32 |
| EBIT Margin | 25.13% | 15.01% | 18.08% | 14.23% | 10.42% |
| Advertising Expenses | - | 12.5 | 10.5 | 10.9 | 10 |
Source: S&P Capital IQ. Standard template.
Financial Sources.