Waystar Holding Corp.
WAY- Exchange
- Nasdaq
- Industry
- Services-Computer Integrated Systems Design
- SEC CIK
- 0001990354
In the last 90 days, Waystar Holding Corp. insiders filed 0 open-market purchases and 3 sales; 301 institutions reported holding it in 13F filings for Q2 2026, worth $4.35B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 3, 2026, 1:13 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 |
|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 |
| Filing | 10-K | 10-K |
| Reported | Feb 17, 2026 | Feb 18, 2025 |
| Revenue | $1.10B | $943.5M |
| Research and development | $54.6M | $48.8M |
| Selling, general and administrative | $128.6M | $111.8M |
| Operating income | $249.3M | $123.7M |
| Income tax | $59.7M | -$3.42M |
| Net income | $112.1M | -$19.1M |
| EPS, basic | $0.63 | $-0.13 |
| EPS, diluted | $0.61 | $-0.13 |
| Weighted shares, basic | 177.9M | 149.9M |
| Weighted shares, diluted | 184.8M | 149.9M |
| Margins and growth | ||
| Operating margin | 22.7% | 13.1% |
| Net margin | 10.2% | -2.0% |
| Revenue growth, year over year | +16.5% | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 |
|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 |
| Filing | 10-K | 10-K |
| Reported | Feb 17, 2026 | Feb 18, 2025 |
| Cash and equivalents | $61.4M | $182.1M |
| Accounts receivable | $177.0M | $145.2M |
| Total current assets | $308.4M | $371.0M |
| Goodwill | $4.02B | $3.02B |
| Intangible assets | $1.29B | $1.04B |
| Total assets | $5.79B | $4.58B |
| Accounts payable | $50.9M | $47.4M |
| Short-term debt | $14.2M | $11.7M |
| Total current liabilities | $218.1M | $145.6M |
| Long-term debt | $1.46B | $1.22B |
| Total liabilities | $1.91B | $1.50B |
| Shareholders' equity | $3.88B | $3.08B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 |
|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 |
| Filing | 10-K | 10-K |
| Reported | Feb 17, 2026 | Feb 18, 2025 |
| Operating cash flow | $309.7M | $169.8M |
| Capital expenditures | $26.5M | $27.3M |
| Free cash flow | $283.2M | $142.5M |
| Depreciation and amortization | $140.5M | $186.6M |
| Stock-based compensation | $42.1M | $54.4M |
| Share buybacks | $0 | $844.0K |
| Investing cash flow | -$680.9M | -$27.3M |
| Financing cash flow | $243.4M | $16.7M |
| Net change in cash | -$127.8M | – |
| Ratio | ||
| Stock-based compensation, % of revenue | 3.8% | 5.8% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 26, 2026 | 192.4M | +0.6% | SEC |
| Jul 23, 2026 | 191.7M | +10.0% | SEC |
| Apr 23, 2026 | 191.8M | +10.9% | SEC |
| Feb 11, 2026 | 191.7M | +11.3% | SEC |
| Oct 20, 2025 | 191.3M | +11.2% | SEC |
| Jul 21, 2025 | 174.2M | +4.5% | SEC |
| Apr 21, 2025 | 173.0M | – | SEC |
| Feb 12, 2025 | 172.2M | – | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.