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Waystar Holding Corp. WAY Total costs & expenses

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Other financials

Income statement

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Revenue$319.7M+18.1%
Gross profit$222.0M+20.9%
Operating income$76.0M+17.3%
Net income$40.9M+27.0%
EPS (diluted)$0.21+16.7%

Balance sheet

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Cash & equivalents$45.4M-85.4%
Total debt$1.5B+18.0%
Total equity$4.0B+25.6%
Total assets$5.9B+25.5%

Cash flow

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Operating cash flow$59.4M-38.6%
CapEx$16.1M+179%
Free cash flow$43.3M-52.4%

Valuation

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Market cap$4.65B-22.7%
Enterprise value$6.08B-12.5%
P/E34.5×
P/S3.9×-2.1×

Profitability

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Gross margin69.1%+1.8pp
Operating margin22.9%+2.1pp
Net margin11.2%
FCF margin20.4%-7.1pp

Returns & leverage

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Return on equity3.8%
Debt / equity0.4×0.0×
Current ratio1.8×-1.6×

Where this comes from

Reported directly by Waystar Holding Corp. in its filing.

Tagged under the XBRL concept us-gaap:CostsAndExpenses.

The source filing: Waystar Holding Corp.’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001990354-26-000035
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
General and administrative36,37829,19267,10252,492
Research and development17,72312,62236,09123,700
Depreciation and amortization41,46633,42682,91866,806
Total operating expenses243,632205,808477,041397,034
Income from operations76,04264,846156,507130,055
Other expense
Interest expense, net(18,635)(17,325)(38,349)(35,582)
Related party interest expense(1,011)(930)(1,944)(1,573)

Item 1. Financial Statements

FAQ

What is Waystar Holding Corp.'s total costs & expenses?
Waystar Holding Corp. (WAY) reported total costs & expenses of $243.63M in Q2 2026.
How has Waystar Holding Corp.'s total costs & expenses changed year-over-year?
Waystar Holding Corp.'s total costs & expenses increased by 18.4% year-over-year, from $205.81M to $243.63M.
What is the long-term trend for Waystar Holding Corp.'s total costs & expenses?
Over 3 years (2022 to 2025), Waystar Holding Corp.'s total costs & expenses has grown at a 11.4% compound annual growth rate (CAGR), from $615.42M to $849.97M.
What does total costs & expenses mean?
This metric represents the aggregate sum of all operating and non-operating costs incurred by the company to generate revenue during a specific reporting period. It encompasses the direct costs of revenue, research and development, sales and marketing, and general administrative expenses, as well as depreciation and amortization. Monitoring this figure allows investors to assess the company's overall cost structure and operational efficiency in relation to its top-line performance.

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