Waystar Holding Corp. (WAY)
Healthcare · Health Information Services · NasdaqGS
Waystar Holding Corp. revenue & earnings — last 4 fiscal years
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $704.87M | $791.01M | $943.55M | $1.10B |
| Gross profit | — | — | — | — |
| Net income | $-51.45M | $-51.33M | $-19.13M | $112.09M |
| Net margin | -7.3% | -6.5% | -2.0% | 10.2% |
Source: Waystar Holding Corp. SEC filings (10-K).
What growth is priced into WAY stock?
At today's market cap of $3.60B, Waystar Holding Corp. is priced for free-cash-flow growth of about 1.5% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $283.19M from the FY ending 2025-12-31). This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 4 years of Waystar Holding Corp. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Waystar Holding Corp. financial history by metric
About Waystar Holding Corp.
Waystar Holding Corp. develops a cloud-based software solution for healthcare payments. Its platform offers financial clearance, patient financial care, claim and payer payment management, denials prevention and recovery, clinical integrity and revenue capture, and analytics and reporting solutions. It primarily serves healthcare industry. The company was founded in 2017 and is headquartered in Lehi, Utah.
Waystar Holding Corp. — frequently asked questions
What is Waystar Holding Corp.'s revenue?
Waystar Holding Corp. (WAY) reported revenue of $1.10B for fiscal year 2025, up 16.5% from the prior year, according to its SEC filings.
Is Waystar Holding Corp. profitable?
Yes. WAY earned net income of $112.09M in fiscal 2025, a net margin of 10.2%.
What is WAY's P/E ratio?
Waystar Holding Corp. trades at a price-to-earnings ratio of about 28.0 based on the latest data in our nightly-refreshed cache.
How fast is Waystar Holding Corp. growing?
WAY's revenue grew at roughly 16.0% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Waystar Holding Corp. have?
As of fiscal year 2025, WAY carried roughly $1.48B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Waystar Holding Corp.'s market cap?
Waystar Holding Corp. (WAY) has a market capitalization of about $3.60B, based on the latest data in our nightly-refreshed cache.
When does Waystar Holding Corp.'s fiscal year end?
WAY's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into WAY stock?
At today's market cap of $3.60B, Waystar Holding Corp. is priced for free-cash-flow growth of about 1.5% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $283.19M from the FY ending 2025-12-31).
Where does this data come from?
All figures are computed from Waystar Holding Corp.'s official SEC filings (10-K and 10-Q), covering 4 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.