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Waystar Holding Corp. WAY Reportable Segment — Sales and marketing

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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$3.54B-28.1%
Enterprise value$4.97B-18.8%
P/E28.1×
P/S3.1×-2.0×

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:SellingAndMarketingExpense.

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 — sales and marketing?
Waystar Holding Corp. (WAY) reported reportable segment — sales and marketing of $45.83M in Q1 2026.
How has Waystar Holding Corp.'s reportable segment — sales and marketing changed year-over-year?
Waystar Holding Corp.'s reportable segment — sales and marketing increased by 14.2% year-over-year, from $40.12M to $45.83M.
What is the long-term trend for Waystar Holding Corp.'s reportable segment — sales and marketing?
Over 2 years (2023 to 2025), Waystar Holding Corp.'s reportable segment — sales and marketing has grown at a 19.6% compound annual growth rate (CAGR), from $124.44M to $178.02M.
What does reportable segment — sales and marketing mean?
Reflects the costs incurred to acquire new customers, retain existing ones, and promote the segment's platform within the healthcare market. This includes advertising, sales commissions, and marketing campaigns designed to drive top-line growth. Investors use this to evaluate the efficiency of customer acquisition strategies and the segment's go-to-market effectiveness.