Waystar Holding Corp

WAY

Market cap $4.92B

Black Book survey of more than 750 healthcare leaders demonstrates that Waystar leads the industry in client satisfaction with AI execution and outcomes LEHI, Utah, and LOUISVILLE, Ky., Feb. 20, 2026 /PRNewswire/ -- Waystar (Nasdaq: WAY), a provider of leading healthcare payment software, today announced that its AI capabilities earned the top ranking in the revenue cycle management industry, according to an independent survey by Black Book Market Research™ focused on agentic and generative AI in revenue cycle management.

Waystar Holding Corp (NASDAQ: WAY) reported mixed fourth-quarter results on Tuesday.

Waystar Holding Corp. (WAY) Q4 2025 Earnings Call Transcript

The headline numbers for Waystar (WAY) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Waystar Holding (WAY) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.29 per share a year ago.

Q4 revenue of $304M, up 24% YoY Q4 net income of $20.0M and non-GAAP net income of $70.7M Q4 net income margin of 7%; adjusted EBITDA margin of 43% FY 2025 revenue of $1,099M, up 17% YoY FY net income of $112.1M and non-GAAP net income of $262.9M FY net income margin of 10%; adjusted EBITDA margin of 42% LEHI, Utah and LOUISVILLE, Ky., Feb. 17, 2026 /PRNewswire/ -- Waystar Holding Corp. (Nasdaq: WAY), a provider of leading healthcare payment software, today reported results for the fourth quarter and full year ended December 31, 2025.

Award reflects Waystar's AI leadership and proven ability to deliver meaningful client ROI at scale LEHI, Utah and LOUISVILLE, Ky., Feb. 16, 2026 /PRNewswire/ -- Waystar (Nasdaq: WAY), a provider of leading healthcare payment software, today announced it has been named an Inc. Best in Business honoree.

Waystar (WAY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Waystar (WAY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

At the intersection of healthcare and cloud computing, Waystar Holding Corp. NASDAQ: WAY has built a reputation for its powerful software-as-a-service (SaaS), helping to integrate payer networks with electronic health records. However, as the AI and cloud field has become increasingly crowded overall in recent years, Waystar faces increasing competition from companies offering similar or related tools, such as Phreesia Inc. NYSE: PHR and Doximity Inc. NYSE: DOCS.