WAY
Waystar Holding Corp.
NASDAQ · Technology · Information Technology Services · US
$27.66
−1.72%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.3B | 1.1B | 943.5M | 791.0M | 704.9M |
| Cost of Revenue | 386.6M | 348.2M | 315.7M | 249.8M | 214.9M |
| Gross Profit | 876.1M | 751.1M | 627.8M | 541.2M | 490.0M |
| Operating Expenses | |||||
| R&D Expense | 74.9M | 54.6M | 48.8M | 35.3M | 32.8M |
| SG&A Expense | 359.6M | 306.6M | 268.7M | 187.4M | 184.6M |
| General & Admin Expense | 162.2M | 128.6M | 111.8M | 62.9M | 73.1M |
| Selling & Marketing Expense | 197.4M | 178.0M | 156.9M | 124.4M | 111.5M |
| Other Expenses | 164.8M | 140.5M | 186.6M | 176.5M | 183.2M |
| Total Operating Expenses | 599.4M | 501.8M | 504.1M | 399.2M | 400.5M |
| Cost and Expenses | 985.9M | 850.0M | 819.8M | 648.9M | 615.4M |
| Operating Income (EBIT) | 276.8M | 249.3M | 123.7M | 142.1M | 89.5M |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 82.5M | 77.5M | 146.3M | 205.9M | 155.3M |
| Net Interest Income | (82.5M) | (77.5M) | (146.3M) | (205.9M) | (155.3M) |
| Other Non-Op Income/Expense | (82.5M) | (77.5M) | (146.3M) | (205.9M) | (155.3M) |
| Non-Operating Income (excl Interest) | — | — | — | — | — |
| EBT (Pre-Tax Income) | 194.3M | 171.8M | (22.5M) | (63.8M) | (65.9M) |
| Income Tax Expense | 59.2M | 59.7M | (3.4M) | (12.5M) | (14.4M) |
| Bottom Line | |||||
| Net Income | 135.2M | 112.1M | (19.1M) | (51.3M) | (51.5M) |
| Earnings from Cont. Ops | 135.2M | 112.1M | (19.1M) | (51.3M) | (51.5M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 135.2M | 112.1M | (19.1M) | (51.3M) | (51.5M) |
| Per Share | |||||
| Basic EPS | $0.70 | $0.63 | ($0.13) | ($0.31) | ($0.31) |
| Diluted EPS | $0.69 | $0.61 | ($0.13) | ($0.31) | ($0.31) |
| Revenue Per Share | $6.58 | $6.18 | $6.29 | $4.75 | $4.23 |
| Shares | |||||
| Basic Shares Outstanding | 191.9M | 177.9M | 149.9M | 166.7M | 166.7M |
| Diluted Shares Outstanding | 195.9M | 184.8M | 149.9M | 166.7M | 166.7M |
| Profitability Metrics | |||||
| EBITDA | 441.6M | 389.9M | 310.4M | 318.6M | 272.6M |
| D&A | 164.8M | 140.5M | 186.6M | 176.5M | 183.2M |
| EBIT | 276.8M | 249.3M | 123.7M | 142.1M | 89.5M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026