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Waystar Holding Corp. WAY Reportable Segment — Labor and associated expenses

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Other financials

Income statement

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Revenue$313.9M+22.4%
Gross profit$216.8M+25.3%
Operating income$80.5M+23.4%
Net income$43.3M+47.9%
EPS (diluted)$0.22+37.5%

Balance sheet

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Cash & equivalents$62.7M-74.9%
Total debt$1.5B+18.0%
Total equity$3.9B+26.0%
Total assets$5.8B+26.4%

Cash flow

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Operating cash flow$84.9M+32.2%
CapEx$15.3M+182%
Free cash flow$69.6M+18.3%

Valuation

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Market cap$3.53B-28.1%

Profitability

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Gross margin68.7%+1.9pp
Operating margin22.9%+7.1pp
Net margin10.9%
FCF margin25.4%+5.3pp

Returns & leverage

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Return on equity3.6%
Debt / equity0.4×0.0×
Current ratio1.8×-1.4×

Where this comes from

Reported directly by Waystar Holding Corp. in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The official record: Waystar Holding Corp.’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Waystar Holding Corp.'s reportable segment — labor and associated expenses?
Waystar Holding Corp. (WAY) reported reportable segment — labor and associated expenses of $29.91M in Q1 2026.
How has Waystar Holding Corp.'s reportable segment — labor and associated expenses changed year-over-year?
Waystar Holding Corp.'s reportable segment — labor and associated expenses increased by 30.7% year-over-year, from $22.89M to $29.91M.
What is the long-term trend for Waystar Holding Corp.'s reportable segment — labor and associated expenses?
Over 2 years (2023 to 2025), Waystar Holding Corp.'s reportable segment — labor and associated expenses has grown at a 16.0% compound annual growth rate (CAGR), from $76.69M to $103.17M.
What does reportable segment — labor and associated expenses mean?
Includes all compensation, benefits, and payroll-related costs for personnel directly involved in the operations and maintenance of the segment's platform. This metric highlights the human capital investment required to support the segment's service delivery and operational continuity. It is a key indicator of operational leverage and the efficiency of the segment's workforce management.