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

Simplified Detailed

	FY'25	FY'24	FY'23
Total revenue	$1.1B+16.5%	$943.55M+19.3%	$791.01M+12.2%
Total cost of revenue	$348.16M+10.3%	$315.73M+26.4%	$249.77M+16.2%
Gross profit	$751.12M+19.6%	$627.82M+16.0%	$541.24M+10.5%
Gross margin	68.3%+1.8pp	66.5%-1.9pp	68.4%-1.1pp
Research and development	$54.62M+12.0%	$48.78M+38.0%	$35.33M+7.7%
Selling and marketing	$178.02M+13.4%	$156.94M+26.1%	$124.44M+11.6%
General and administrative	$128.62M+15.1%	$111.75M+77.6%	$62.92M-13.9%
Total costs & expenses	$849.97M+3.7%	$819.82M+26.3%	$648.93M+5.4%
Operating income	$249.31M+101%	$123.73M-12.9%	$142.08M+58.8%
Operating margin	22.7%+9.6pp	13.1%-4.8pp	18%+5.3pp
Interest expense	——	——	——
Income before income taxes	$171.76M—	——	-$63.83M+3.1%
Income tax expense	$59.67M—	——	-$12.5M+13.3%
Net income	$112.09M—	——	-$51.33M+0.2%
Net margin	10.2%—	——	-6.5%+0.8pp
Diluted earnings per share	$0.61—	——	-$0.420.0%
EBITDA	$389.85M+25.6%	$310.36M-2.6%	$318.55M+16.8%
EBITDA margin	35.5%+2.6pp	32.9%-7.4pp	40.3%+1.6pp
EBIT	$249.31M+101%	$123.73M-12.9%	$142.08M+58.8%

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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.