What are Waystar Holding Corp.'s profit margins?

Gross margin is 68.7% and operating margin is 22.9%, with a 10.9% net margin.

Where does Waystar Holding Corp.'s income statement 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 Income 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
Total revenue	$313.87M+3.4%	$303.54M+13.0%	$268.65M-0.7%	$270.65M+5.5%	$256.44M+5.1%
Total cost of revenue	$97.04M+4.7%	$92.64M+8.8%	$85.14M-2.2%	$87.04M+4.4%	$83.35M+4.8%
Gross profit	$216.84M+2.8%	$210.9M+14.9%	$183.52M-0.1%	$183.61M+6.1%	$173.09M+5.2%
Gross margin	69.1%-0.4pp	69.5%+1.2pp	68.3%+0.5pp	67.8%+0.3pp	67.5%+0.1pp
Research and development	$18.37M-0.8%	$18.52M+49.3%	$12.4M-1.7%	$12.62M+13.9%	$11.08M-3.4%
Selling and marketing	$45.83M-6.9%	$49.21M+9.0%	$45.16M+3.8%	$43.52M+8.5%	$40.12M+2.9%
General and administrative	$30.72M-29.7%	$43.71M+34.8%	$32.42M+11.1%	$29.19M+25.3%	$23.3M+1.5%
Total costs & expenses	$233.41M-4.5%	$244.52M+17.3%	$208.42M+1.3%	$205.81M+7.6%	$191.23M+0.1%
Operating income	$80.47M+36.3%	$59.02M-2.0%	$60.23M-7.1%	$64.85M-0.6%	$65.21M+22.7%
Operating margin	25.6%+6.2pp	19.4%-3.0pp	22.4%-1.5pp	24%-1.5pp	25.4%+3.7pp
Interest expense	$20.65M—	——	$17.52M-4.1%	$18.26M-3.4%	$18.9M—
Income before income taxes	$59.82M+65.5%	$36.15M-15.4%	$42.72M-8.3%	$46.59M+0.6%	$46.31M—
Income tax expense	$16.54M+2.3%	$16.16M+33.9%	$12.07M-16.2%	$14.41M-15.5%	$17.04M—
Net income	$43.28M+117%	$19.99M-34.8%	$30.65M-4.8%	$32.18M+10.0%	$29.27M—
Net margin	13.8%+7.2pp	6.6%-4.8pp	11.4%-0.5pp	11.9%+0.5pp	11.4%—
Diluted earnings per share	$0.22+120%	$0.10-41.2%	$0.17-5.6%	$0.18+12.5%	$0.16—
EBITDA	$121.92M+22.6%	$99.46M+6.3%	$93.53M-4.8%	$98.27M-0.3%	$98.59M+8.2%
EBITDA margin	38.8%+6.1pp	32.8%-2.0pp	34.8%-1.5pp	36.3%-2.1pp	38.4%+1.1pp
EBIT	$80.47M+36.3%	$59.02M-2.0%	$60.23M-7.1%	$64.85M-0.6%	$65.21M+22.7%

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Questions, answered.

What are Waystar Holding Corp.'s profit margins?: Gross margin is 68.7% and operating margin is 22.9%, with a 10.9% net margin.
Where does Waystar Holding Corp.'s income statement 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.