Can Waystar Holding Corp. cover its short-term obligations?

Its current ratio is 1.76 — current assets exceed current liabilities.

Where does Waystar Holding Corp.'s balance sheet data come from?

Every line is extracted from Waystar Holding Corp.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Waystar Holding Corp. WAY Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$62.7M-18.4%	$76.81M-82.8%	$445.36M+43.0%	$311.47M+24.7%	$249.72M+22.1%
Short-term investments	$124.59M+401%	$24.88M—	——	$50.49M+107%	$24.42M—
Restricted cash	$28.36M+83.5%	$15.45M-36.4%	$24.3M+14.8%	$21.17M-17.7%	$25.72M+14.6%
Accounts receivable, net	$172.53M-2.5%	$177.04M+21.5%	$145.68M+1.5%	$143.5M-2.6%	$147.26M+1.4%
Prepaid expenses and other current assets	$23.46M+16.8%	$20.08M-2.3%	$20.56M+28.9%	$15.94M-5.7%	$16.9M+17.2%
Income taxes receivable	$0-100%	$6.44M—	$0—	$0—	——
Total current assets	$386.61M+25.4%	$308.41M-49.7%	$613.58M+17.0%	$524.48M+19.1%	$440.55M+18.7%
Property and equipment, net	$60.86M+17.8%	$51.65M+7.2%	$48.17M+1.7%	$47.39M+1.6%	$46.65M-0.2%
Accumulated depreciation	$104.5M+7.2%	$97.52M+2.4%	$95.22M+6.1%	$89.77M—	——
Total property and equipment, gross	$165.36M+10.9%	$149.17M+4.0%	$143.4M+4.5%	$137.16M—	——
Operating lease right-of-use assets	5%0.0%	5%+0.1%	4.9%+0.2%	4.7%-989,599,995%	989,600,000%-92,400,000%
Goodwill	$4.01B-0.1%	$4.02B+33.0%	$3.02B0.0%	$3.02B0.0%	$3.02B0.0%
Intangible assets, net	$1.26B-2.7%	$1.29B+35.4%	$954.97M-2.8%	$982.82M-2.8%	$1.01B-2.7%
Deferred tax assets	$209.72M-0.8%	$211.32M+71.8%	$123.03M+14.4%	$107.56M+2.5%	$104.93M+4.4%
Other non-current assets	$8.09M-4.4%	$8.46M-0.2%	$8.48M+36.8%	$6.2M+2.1%	$6.07M-7.4%
Total assets	$5.84B+0.9%	$5.79B+21.9%	$4.75B+1.5%	$4.68B+1.3%	$4.62B+0.9%
Accounts payable	$58.8M+15.4%	$50.95M-0.9%	$51.4M+10.0%	$46.74M+3.7%	$45.06M-4.9%
Accrued expenses	$17.8M-56.5%	$40.94M+44.7%	$28.3M+26.3%	$22.41M+41.3%	$15.86M-49.8%
Deferred revenue	$64.68M-4.7%	$67.86M+652%	$9.02M-5.5%	$9.54M-15.9%	$11.35M+7.8%
Current portion of long-term debt	$14.19M0.0%	$14.19M+21.6%	$11.67M0.0%	$11.67M0.0%	$11.67M0.0%
Operating lease liabilities, current	$5.6M-7.1%	$6.03M+6.0%	$5.69M+6.7%	$5.33M-3.8%	$5.54M-0.9%
Contract liabilities	$5.16M-6.0%	$5.5M+2.1%	$5.39M-2.9%	$5.55M-2.6%	$5.69M-0.8%
Income taxes payable	$17.27M+248%	$4.96M-62.6%	$13.25M-24.7%	$17.59M—	——
Accrued interest	$403K-38.5%	$655K+141%	$272K-56.8%	$630K—	——
Claims and insurance accruals	$2.34M+102%	$1.16M-39.2%	$1.91M-22.2%	$2.45M—	——
Total current liabilities	$219.96M+0.9%	$218.06M+38.3%	$157.65M+3.1%	$152.84M+8.2%	$141.3M-3.0%
Long-term debt	$1.46B-0.2%	$1.46B+20.1%	$1.21B-0.1%	$1.22B-0.2%	$1.22B-0.2%
Operating lease liabilities, non-current	$10.85M-9.5%	$11.99M+1.2%	$11.86M+12.1%	$10.58M-10.3%	$11.79M-10.3%
Operating Lease Liabilities (Total)	$16.45M-8.7%	$18.02M+2.7%	$17.54M+10.3%	$15.91M-8.2%	$17.32M-7.5%
Other non-current liabilities	$277K-60.0%	$692K-36.6%	$1.09M-31.9%	$1.6M+476%	$278K0.0%
Total liabilities	$1.9B-0.2%	$1.91B+25.1%	$1.52B+1.3%	$1.5B+0.8%	$1.49B-0.3%
Preferred stock	$0—	$0—	$0—	$0—	——
Common stock	2.5B0.0%	2.5B0.0%	2.5B0.0%	2.5B+144,409%	1.7M+0.5%
Additional paid-in capital	$4B+0.3%	$3.99B+19.0%	$3.35B+0.6%	$3.33B+0.5%	$3.32B+0.5%
Retained earnings	-$65.53M+39.8%	-$108.81M+15.5%	-$128.8M+19.2%	-$159.45M+16.8%	-$191.63M+13.2%
Accumulated other comprehensive income (loss)	$846K+234%	-$632K-16.6%	-$542K-25.8%	-$431K-236%	$316K-64.1%
Total stockholders' equity	$3.94B+1.5%	$3.88B+20.4%	$3.22B+1.6%	$3.17B+1.5%	$3.13B+1.5%
Total liabilities and stockholders' equity	$5.84B+0.9%	$5.79B+21.9%	$4.75B+1.5%	$4.68B+1.3%	$4.62B+0.9%
Allowance for Doubtful Accounts	$6.61M+7.2%	$6.17M+4.7%	$5.9M-3.4%	$6.1M—	——
Allowance for Doubtful Accounts Receivable (Current)	$6.61M+7.2%	$6.17M+4.7%	$5.9M-3.4%	$6.1M—	——
Available For Sale Securities Debt Securities Current	$124.59M+401%	$24.88M—	——	$50.49M+107%	$24.42M—
Other current assets	$3.33M+4.8%	$3.17M+59.3%	$1.99M-35.2%	$3.08M+36.8%	$2.25M-43.4%
Capitalized Computer Software, Net	$39M+8.6%	$35.9M+9.5%	$32.8M+3.5%	$31.7M—	——
Deferred Tax Assets and Other Non-Current Assets	$8.09M-4.4%	$8.46M-0.2%	$8.48M+36.8%	$6.2M+2.1%	$6.07M-7.4%
Finite Lived Intangible Assets - Gross	$1.88B0.0%	$1.88B+24.5%	$1.51B-2.5%	$1.55B—	——
Net Investment in Lease	$11.87M-8.5%	$12.97M+17.6%	$11.03M+23.1%	$8.96M-9.5%	$9.9M-8.5%
Capitalized software licenses	$39M+8.6%	$35.9M+9.5%	$32.8M+3.5%	$31.7M—	——
Deferred contract costs	$98.41M+4.8%	$93.95M+4.2%	$90.13M+2.3%	$88.08M+3.5%	$85.09M+2.7%
Intangible assets — net	$1.26B-2.7%	$1.29B+35.4%	$954.97M-2.8%	$982.82M—	——
Other intangible assets—net	$1.26B-2.7%	$1.29B+35.4%	$954.97M-2.8%	$982.82M-2.8%	$1.01B-2.7%
Operating lease right-of-use assets	$11.87M-8.5%	$12.97M+17.6%	$11.03M+23.1%	$8.96M-9.5%	$9.9M-8.5%
Other non-current assets	$8.09M-4.4%	$8.46M-0.2%	$8.48M+36.8%	$6.2M+2.1%	$6.07M-7.4%
Property, plant and equipment, net	$60.86M+17.8%	$51.65M+7.2%	$48.17M+1.7%	$47.39M+1.6%	$46.65M-0.2%
Operating Lease Right-of-Use Assets in Other Assets	$11.87M-8.5%	$12.97M+17.6%	$11.03M+23.1%	$8.96M-9.5%	$9.9M-8.5%
Software and Technology Licenses, Net	$39M+8.6%	$35.9M+9.5%	$32.8M+3.5%	$31.7M+422%	$6.07M-79.5%
Accrued Manufacturing Costs	$17.8M-56.5%	$40.94M+44.7%	$28.3M+26.3%	$22.41M+41.3%	$15.86M-49.8%
Accrued Progress Collections and Price Adjustments	$5.16M-6.0%	$5.5M+2.1%	$5.39M-2.9%	$5.55M-2.6%	$5.69M-0.8%
Accrued Income Taxes, Current	$17.27M+248%	$4.96M-62.6%	$13.25M-24.7%	$17.59M—	——
Aggregated funds payable	$29.91M+98.0%	$15.1M-36.7%	$23.85M+14.2%	$20.89M-17.3%	$25.25M+14.5%
Compensation and benefits	$17.8M-56.5%	$40.94M+44.7%	$28.3M+26.3%	$22.41M+41.3%	$15.86M-49.8%
Lease Liability Payments - 2020 (Remaining Three Months)	$5.01M—	——	$1.72M-44.7%	$3.11M—	——
Operating Lease Liability Payments - 2024 (Lessee)	$4.27M—	——	$3.92M+23.0%	$3.19M—	——
Operating Lease Liability Payments - 2025 (Lessee)	$1.28M—	——	$2.18M+55.4%	$1.4M—	——
Lease Liability Payments - Due Year Two	$4.27M—	——	$1.68M0.0%	$1.68M—	——
Lease Liability Payments - Due Year Three	$2.85M—	——	$3.62M+26.4%	$2.87M—	——
Lease Liability Payments - Due Year Four	$1.28M—	——	$2.18M+55.4%	$1.4M—	——
Lease Liability Payments - Remainder of Fiscal Year	$4.58M—	——	$401K-50.1%	$803K—	——
Operating Lease Liability Payments Due	$17.99M—	——	$19.34M+11.0%	$17.42M—	——
Operating Lease Liability - Undiscounted Excess Amount	$1.54M—	——	$1.8M+18.5%	$1.52M—	——
Restructuring Reserve	$739K-19.7%	$920K+207%	$300K-44.0%	$536K—	——
Contract Liabilities, Non-Current	$5.16M-6.0%	$5.5M+2.1%	$5.39M-2.9%	$5.55M-2.6%	$5.69M-0.8%
Debt Maturity - 2024	$10.65M—	——	$2.92M-50.0%	$5.84M—	——
Debt Maturity - 2027	$1.44B—	——	$11.67M0.0%	$11.67M—	——
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$7.92M-5.0%	$8.34M-6.6%	$8.93M-12.3%	$10.18M—	——
Operating Lease Liability Payments - 2026 (Lessee)	$2.85M—	——	$3.62M+26.4%	$2.87M—	——
Operating Lease Liability Payments - 2027 (Lessee)	$2.85M—	——	$3.62M+26.4%	$2.87M—	——
Operating Lease Liability Payments - 2028 (Lessee)	$1.28M—	——	$2.18M+55.4%	$1.4M—	——
Deferred revenue, net of current portion	$5.16M-6.0%	$5.5M+2.1%	$5.39M-2.9%	$5.55M-2.6%	$5.69M-0.8%
Total debt	$1.49B-0.3%	$1.49B+18.8%	$1.25B0.0%	$1.26B-0.3%	$1.26B-0.3%
Total Carrying Value of Debt	$1.48B-0.2%	$1.48B+20.0%	$1.23B-0.2%	$1.24B—	——
Common Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.01—	——
Common Stock Shares Issued	191.7M+0.1%	191.6M+9.7%	174.7M+0.3%	174.1M—	——
Convertible Preferred Stock Authorized Shares	100M0.0%	100M0.0%	100M0.0%	100M—	——
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—	——
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—	——
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$1.92M+0.1%	$1.92M+9.7%	$1.75M+0.3%	$1.74M+0.6%	$1.73M+0.5%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—	——
Number of Vested and Expected to Vest Options	$66.6M—	——	$156.3M-15.8%	$185.7M—	——
Preferred Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.01—	——
Share-Based Payment Award Options Outstanding - Number	13.1M-6.3%	14M-3.2%	14.5M-3.5%	15M-4.1%	15.6M-5.4%
Unrealized Gains on Investments	$0-100%	$1K—	——	$0—	——
Unrealized Losses on Investments (Before Tax)	$60K+1,400%	$4K—	——	$32K—	——
Weighted Average Exercise Price of Outstanding Options	$18.60-0.6%	$18.710.0%	$18.71+0.9%	$18.54+3.9%	$17.84+1.5%
Weighted Average Exercise Price of Vested and Expected to Vest Options	$15.39—	——	$15.03+4.2%	$14.43—	——
Allowance for doubtful accounts	$6.61M+7.2%	$6.17M+4.7%	$5.9M-3.4%	$6.1M—	——
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax	$60K+1,400%	$4K—	——	$32K—	——
Gross Unrealized Gains	$0-100%	$1K—	——	$0—	——
Common stock, par value (in dollars per share)	$0.010.0%	$0.010.0%	$0.010.0%	$0.01—	——
Common stock, shares authorized (in shares)	$2.5B0.0%	$2.5B0.0%	$2.5B0.0%	$2.5B—	——
Common stock, shares issued (in shares)	$191.69M+0.1%	$191.59M+9.7%	$174.67M+0.3%	$174.15M—	——
Common Stock, Shares, Outstanding	$191.69M+0.1%	$191.59M+9.7%	$174.67M+0.3%	$174.15M—	——
Long-term debt, gross	$1.48B-0.2%	$1.48B+20.0%	$1.23B-0.2%	$1.24B—	——
Fixed maturities, allowance for credit loss, current	$0—	$0—	——	——	——
Amortized cost of available-for-sale debt securities, current	$124.65M+401%	$24.88M—	——	$50.53M—	——
Deferred income taxes	$209.72M-0.8%	$211.32M+71.8%	$123.03M+14.4%	$107.56M+2.5%	$104.93M+4.4%
ESPP payable	$812K-52.8%	$1.72M+73.1%	$994K-36.3%	$1.56M—	——
Finite-Lived Intangible Assets, Accumulated Amortization	$626.54M+5.8%	$592.06M+5.9%	$558.83M-1.8%	$569.08M—	——
Gross Carrying Amount	$1.88B0.0%	$1.88B+24.5%	$1.51B-2.5%	$1.55B—	——
Tax receivable within other current assets	$0-100%	$6.44M—	$0—	$0—	——
Lessee Operating Lease Liability Payments Due	$17.99M—	——	$19.34M+11.0%	$17.42M—	——
Thereafter	$0—	——	$1.69M+24.2%	$1.36M—	——
Lessee Operating Lease Liability Undiscounted Excess Amount	$1.54M—	——	$1.8M+18.5%	$1.52M—	——
2028	$14.19M—	——	$11.67M0.0%	$11.67M—	——
2029	$1.44B—	——	$11.67M0.0%	$11.67M—	——
2027	$14.19M—	——	$91.67M0.0%	$91.67M—	——
Remainder of 2026	$10.65M—	——	$2.92M-50.0%	$5.84M—	——
Operating Lease Weighted Average Discount Rate Percent	$0.050.0%	$0.05+2.0%	$0.05+4.3%	$0.05—	——
Other accrued liabilities	$28.98M+26.0%	$22.99M-14.1%	$26.76M-24.2%	$35.31M+37.7%	$25.65M+61.0%
Other	$4.89M-52.9%	$10.39M+44.5%	$7.19M+9.9%	$6.54M—	——
Preferred Stock, Par or Stated Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.01—	——
Preferred Stock, Shares Authorized	$100M0.0%	$100M0.0%	$100M0.0%	$100M—	——
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—	——
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—	——
Prepaid expenses	$23.46M+16.8%	$20.08M-2.3%	$20.56M+28.9%	$15.94M-5.7%	$16.9M+17.2%
Severance accrual, current	$739K-19.7%	$920K+207%	$300K-44.0%	$536K—	——
Retirement plan payable	$238K-22.5%	$307K+1,128%	$25K-96.2%	$651K—	——
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	$78.8M—	——	$60.4M-9.2%	$66.5M—	——
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price	$15.39—	——	$15.03+4.2%	$14.43—	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number	$13.11M-6.3%	$13.99M-3.2%	$14.46M-3.5%	$14.98M-4.1%	$15.62M-5.4%
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	$6.7M—	——	$6.8M-2.9%	$7M—	——
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value	$66.6M—	——	$156.3M-15.8%	$185.7M—	——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price	$18.6-0.6%	$18.710.0%	$18.71+0.9%	$18.54+3.9%	$17.84+1.5%
Remainder of Fiscal Year 2024	$10.65M—	——	$2.92M-50.0%	$5.84M—	——

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Questions, answered.

Can Waystar Holding Corp. cover its short-term obligations?: Its current ratio is 1.76 — current assets exceed current liabilities.
Where does Waystar Holding Corp.'s balance sheet data come from?: Every line is extracted from Waystar Holding Corp.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.