Financials in USD. Standardized financial statements.
A compact view of how Waystar Holding Corp. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Revenue? | $1.10B | $943.55M | $791.01M | $704.87M | $578.57M |
| Revenue Growth? | +16.5% | +19.3% | +12.2% | +21.8% | 0.0% |
| Cost of Revenue? | $388.60M | $315.73M | $249.77M | $214.89M | $151.77M |
| Gross Profit? | $710.67M | $627.82M | $541.24M | $489.98M | $426.80M |
| Gross Margin? | +64.6% | +66.5% | +68.4% | +69.5% | +73.8% |
| Operating Expenses? | $444.48M | $504.09M | $399.16M | $400.53M | $366.48M |
| Operating Income? | $266.20M | $123.72M | $142.08M | $89.45M | $60.31M |
| EBITDA? | $405.85M | $310.36M | $318.55M | $272.62M | $236.37M |
| Income Before Tax | $171.76M | -$22.55M | -$63.83M | -$65.88M | -$66.70M |
| Income Tax Expense | $59.67M | -$3.42M | -$12.50M | -$14.42M | -$19.58M |
| Net Income? | $112.09M | -$19.13M | -$51.33M | -$51.45M | -$47.12M |
| EPS? | $0.63 | $-0.13 | $-0.31 | $-0.31 | $-0.28 |
| Diluted EPS? | $0.61 | $-0.13 | $-0.31 | $-0.31 | $-0.28 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality