WAY
Waystar Holding Corp.
$19.57
+0.73
(+3.90%)
Mkt Cap
3.75B
Volume
2,074,077
52W Range
17.89-41.49
Sector
Technology
Beta
0.20
EPS (TTM)
0.70
P/E Ratio
27.96
Revenue (TTM)
1.16B
Rev Growth (5Y)
+17.4%
EPS Growth (5Y)
N/A
AlphaVal · Fair Value
$40.38
Undervalued · Strong
51.5% below fair value
AlphaQuality · Grade · Gated
F
Platform & Compounding FCF
30.0 / 100 pillar composite (overridden)
Company Description
Waystar Holding Corp. develops a cloud-based software solution for healthcare payments. Its platform offers financial clearance, patient financial care, claim and payment management, denial prevention and recovery, revenue capture, and analytics and reporting solutions. The company primarily serves healthcare industry. Waystar Holding Corp. was founded in 2017 and is based in Lehi, Utah.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 1.10B | 943.55M | 791.01M | 704.87M | 578.57M |
| Net Income | 112.09M | (19.12M) | (51.33M) | (51.45M) | (47.12M) |
| EPS | 0.63 | -0.13 | -0.31 | -0.31 | -0.28 |
| Free Cash Flow | 283.19M | 142.50M | 29.94M | 85.20M | 91.86M |
| FCF / Share | 1.48 | 0.95 | 0.18 | 0.51 | 0.55 |
| Operating CF | 309.67M | 169.77M | 51.46M | 102.63M | 106.41M |
| Total Assets | 5.95B | 4.58B | 4.58B | 4.69B | 4.78B |
| Total Debt | 1.50B | 1.26B | 2.25B | 2.26B | 2.30B |
| Cash & Equiv | 61.35M | 182.13M | 35.58M | 64.56M | 47.25M |
| Book Value | 3.88B | 3.08B | 2.05B | 2.11B | 2.12B |
| Return on Equity | 0.03 | -0.01 | -0.03 | -0.02 | -0.02 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 313.87M | 303.54M | 268.65M | 270.65M | 256.44M | 244.10M | 240.11M | 234.54M | 224.79M | 206.69M | 197.26M | 195.97M |
| Net Income | 43.28M | 19.99M | 30.65M | 32.18M | 29.27M | 19.08M | 5.41M | (27.68M) | (15.93M) | (14.41M) | (15.49M) | (10.81M) |
| EPS | 0.23 | 0.10 | 0.18 | 0.19 | 0.17 | 0.11 | 0.03 | -0.17 | -0.10 | -0.09 | -0.09 | -0.06 |
| Free Cash Flow | 69.59M | 57.22M | 76.15M | 90.99M | 58.82M | 58.55M | 70.20M | 8.58M | 5.17M | 5.67M | (16.69M) | 28.88M |
| FCF / Share | 0.36 | 0.30 | 0.44 | 0.52 | 0.34 | 0.34 | 0.41 | 0.05 | 0.03 | 0.03 | -0.10 | 0.17 |
| Operating CF | 84.91M | 66.63M | 82.03M | 96.76M | 64.25M | 64.77M | 78.82M | 15.45M | 10.73M | 11.46M | (10.45M) | 33.59M |
| Total Assets | 5.84B | 5.95B | 4.75B | 4.68B | 4.62B | 4.58B | 4.54B | 4.57B | 4.58B | 4.58B | 4.61B | 4.66B |
| Total Debt | 30.65M | 1.50B | 1.27B | 1.26B | 1.26B | 1.26B | 1.23B | 1.38B | 2.28B | 2.25B | 2.25B | 2.26B |
| Cash & Equiv | 34.34M | 76.81M | 445.36M | 290.30M | 224.00M | 182.13M | 127.12M | 68.38M | 57.34M | 35.58M | 52.85M | 95.74M |
| Book Value | 3.94B | 3.88B | 3.22B | 3.17B | 3.13B | 3.08B | 3.05B | 2.95B | 2.04B | 2.05B | 2.08B | 2.10B |
| Return on Equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 |
WAY News
Waystar to Speak at William Blair Conference
AI Is Coming for Pharmacy Benefit Managers: Potential Winners and Losers
Waystar Announces $200 Million Share Repurchase Authorization, Reflecting Confidence in Long-Term Outlook
Waystar: Revised Guidance Does Not Imply Demand Weakness
Waystar Named to TIME100 Most Influential Companies
Waystar Holding Corp. (WAY) Q1 2026 Earnings Call Transcript
Waystar (WAY) Reports Q1 Earnings: What Key Metrics Have to Say
Waystar Holding (WAY) Q1 Earnings and Revenues Surpass Estimates
Waystar Reports First Quarter 2026 Results
WAY vs. FFIV: Which Stock Should Value Investors Buy Now?