4 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $1.1B | $112M | 0.0% | 22.7% | $283M | $1.5B | $61M |
| 2024 | $944M | -$19M | 0.0% | 13.1% | $143M | $1.2B | $182M |
| 2023 | $791M | -$51M | 0.0% | 18.0% | $30M | $2.2B | $36M |
| 2022 | $705M | -$51M | 0.0% | 12.7% | $85M | — | $65M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $314M | $43M | 0.0% | 25.6% | $70M | $1.5B | $34M |
| Dec '25 | $304M | $20M | 0.0% | 19.4% | $57M | $1.5B | $61M |
| Sep '25 | $269M | $31M | 0.0% | 22.4% | $76M | $1.2B | $421M |
| Jun '25 | $271M | $32M | 0.0% | 24.0% | $91M | $1.2B | $290M |
| Mar '25 | $256M | $29M | 0.0% | 25.4% | $59M | $1.2B | $224M |
| Dec '24 | $244M | $19M | 0.0% | 21.8% | $59M | $1.2B | $182M |
| Sep '24 | $240M | $5M | 0.0% | 11.3% | $70M | $1.2B | $127M |
| Jun '24 | $235M | -$28M | 0.0% | 3.5% | $9M | $1.3B | $68M |
| Mar '24 | $225M | -$16M | 0.0% | 15.7% | $5M | — | $57M |
| Dec '23 | $207M | -$14M | 0.0% | 18.2% | $6M | $2.2B | $36M |
| Sep '23 | $197M | -$15M | 0.0% | 16.3% | -$17M | — | $44M |
| Jun '23 | $196M | -$11M | 0.0% | 19.0% | — | — | $96M |
How the market has priced WAY against its own fundamentals since 2024-06 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 3 years, Waystar Holding Corp.'s revenue has grown 16.0% per year. These are computed facts, not advice.
As of FY2025, Waystar Holding Corp. reported $1.5B of total debt against $61M of cash.
In FY2025, gross margin was —, operating margin 22.7%, and net margin 10.2%.
As of Jun '26, Waystar Holding Corp. traded at a price-to-earnings ratio of about 32.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.