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WAY

Waystar Holding·NASDAQ
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WAY fundamentals

Waystar Holding (WAY) released its earnings on Oct 29, 2025: revenue was 268.70M (YoY +11.91%), beat estimates; EPS was 0.37 (YoY +164.29%), beat estimates.
Revenue / YoY
268.70M
+11.91%
EPS / YoY
0.37
+164.29%
Report date
Oct 29, 2025
WAY Earnings Call Summary for Q3,2025
  • Revenue Growth: Q3 revenue up 12% YoY to $269 million, driven by client retention and Iodine acquisition.
  • Iodine Impact: Expanded TAM by 15% and accelerated product roadmap by 2 years, with $12 million EBITDA contribution in Q4.
  • AI Innovation: AI-powered solutions reduce denials by 95% and enable 90% faster appeal processing, with 98.5% first-pass clean claims.
  • Financial Strength: EBITDA margin 42%, free cash flow conversion 85%, and leverage ratio reduced to 1.9x.
  • Guidance Update: 2025 revenue raised to $1.085–$1.093 billion (+15% YoY), with $30 million Iodine contribution in Q4.
  • Client Confidence: 93% client confidence and NRR of 113%, reflecting strong retention and expansion.
EPS
Revenue

Revenue & Expenses

WAY has released its 2025 Q3 earnings report, with revenue of 268.65M, reflecting a YoY change of 11.89%, and net profit of 30.65M, showing a YoY change of 466.19%. The Sankey diagram below clearly presents WAY's revenue sources and cost distribution.

Key Indicators

Waystar Holding (WAY) key financial stats and ratios, covering profitability, financial health, and leverage.
Waystar Holding (WAY)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Waystar Holding (WAY)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Waystar Holding (WAY)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does Waystar Holding (WAY) generate its revenue? Explore its key revenue streams and top earning regions.
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Track Waystar Holding (WAY) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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