Waystar Holding Corp.
Waystar Holding Corp. (Nasdaq: WAY) provides cloud-based software that helps healthcare organizations manage payment workflows, from patient eligibility checks and prior authorizations through claims submission, denial recovery, and payment collection. Its products also support clinical documentation and revenue… From the company’s description.
Over the twelve months to Sep 30, 2026, Waystar Holding Corp. reported revenue of $1.26B, up 21.4% from a year earlier, and net income of $135.16M. Its operating margin was 21.9%, and operations generated $314.82M in cash. In fiscal 2025, it reported revenue of $1.10B, up 16.5% from fiscal 2024, and net income of $112.09M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Waystar Holding Corp. does
In the company’s own words
Waystar Holding Corp. (Nasdaq: WAY) provides cloud-based software that helps healthcare organizations manage payment workflows, from patient eligibility checks and prior authorizations through claims submission, denial recovery, and payment collection. Its products also support clinical documentation and revenue capture, patient financial services, and analytics. Customers include physician practices, clinics, surgical centers, laboratories, hospitals, and health systems; about two-thirds of revenue comes from ambulatory and alternate care sites, and one-third from hospitals and health systems. Waystar serves more than 30,000 clients, representing over one million providers, and processed more than 7.5 billion healthcare payment transactions in 2025. The company reports over 99% of revenue as recurring subscription or based on predictable transaction volumes. Its Waystar AltitudeAI engine applies machine learning, large language models, and generative and agentic AI to automate payment-related tasks. In 2025, Waystar acquired Iodine Software, adding AI-powered clinical intelligence capabilities to its platform. Its website is https://www.waystar.com.
Company details
- Sector
- Health Care
- Industry (SIC)
- Business Services & Software
- Headquarters
- LEHI, UT
- Fiscal year end
- December
- CIK
- 1990354
- SIC
- 7373
Financial performance, year by year
Fiscal 2024–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Waystar Holding Corp. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Waystar Holding Corp.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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