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StockVS

NASDAQ · Health Information Services · USD

Waystar Holding Corp. (WAY) Stock Analysis

Waystar Holding Corp. (WAY) is a Health Information Services stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

WAY

$28.84

+$0.03 (+0.10%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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WAY Key Statistics

As of Oct 21, 2026
Trading
Open
$28.88
Previous Close
$28.81
Day's Range
28.38–29.17
52-Week Range
17.26–40.35
Volume
1.64M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.18
Valuation
Market Cap
$5.53B
P/E Ratio
41.20
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
15.34
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
4.59
EPS (ttm)Profit attributable to each share over the last twelve months.
0.70
Financials (FY)
Revenue (FY)
$1.10B+16.50%
Net Income (FY)
$112.09M
Profit marginThe share of revenue left as profit after all costs and taxes.
11.18%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
191.75M
1-Year Return
−23.13%
Dividend and dates
Earnings Date
November 2, 2026
Avg Volume
2.45M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, WAY closed at $28.84, −23.13% over 1 year.

Waystar Holding Corp. (WAY) has a market capitalization of $5.53B.

In fiscal 2025, WAY reported revenue of $1.10B.

WAY Stock Return by Calendar Year

Waystar Holding Corp. (WAY) return since Jun 2024: what $10,000 became

1 year
$10,000 $7,687
−23.13%
Since Jun 2024
$10,000 $13,932
+39.32%

If you had invested $10,000 in Waystar Holding Corp. (WAY) at the close on June 7, 2024, the earliest close on record here, it would have been worth $13,932 at the close on October 21, 2026: +39.32% in total, +15.01% a year, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−11.94%
2025−10.76%
2024 (partial year)+77.29%

As of October 21, 2026.

WAY Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$1.10B$112.09M10.2%
2024$943.55M−$19.13M−2.0%
2023$791.01M−$51.33M−6.5%
2022$704.87M−$51.46M−7.3%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$1.10B$751.12M$249.31M$112.09M10.2%
2024$943.55M$627.82M$123.73M−$19.13M−2.0%
2023$791.01M$541.24M$142.08M−$51.33M−6.5%
2022$704.87M$489.98M$89.45M−$51.46M−7.3%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

WAY Valuation vs Health Information Services Median

Median of 44 stocks
MetricWAYHealth Information Services medianvs median
P/E41.2046.5411% below
P/S ratio4.592.3199% above
Profit margin11.18%−7.55%18.7 pts above

Medians across 44 Health Information Services stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Waystar Holding Corp. (WAY) carries a market capitalisation of $5.53B. It is classified in the Health Information Services industry, within the Healthcare sector. Headcount on file is 1,700.

The most recent close on file for WAY is $28.84, dated October 21, 2026. That is +$0.03 (+0.10%) against the previous close. The 52-week range on file runs from $17.26 to $40.35. The latest close sits 67.09% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $1.10B. That is +16.50% against the prior fiscal year, when revenue was $943.55M. Net income for the same year was $112.09M. Profit margin runs at 11.18%. That is 18.7 percentage points above the Health Information Services median of −7.55%. Trailing earnings per share are 0.7.

Across the 4 fiscal years on file, revenue moves from $704.87M in 2022 to $1.10B in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

WAY trades at a trailing price-to-earnings ratio of 41.2. That is 11.47% below the Health Information Services median of 46.54. The forward P/E on file is 15.34. The price-to-sales ratio is 4.59. On price-to-sales that is 98.87% above the Health Information Services median of 2.31. 44 Health Information Services companies report these metrics, and the medians quoted come from that group.

The reported beta is 0.18. Daily returns over the trailing 2 years annualize to a volatility of 45.66%. Over the trailing twelve months the total return is −23.13%. The stored price history starts on June 7, 2024, and the total return since then is +39.32%.

Growth & Income

No dividend is on file for WAY.

The record holds one complete calendar year, 2025, which returned −10.76%. 2026 is still running; the total return is −11.94% year to date.

Peer Comparison

Waystar Holding Corp. (WAY) operates in the Health Information Services industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Waystar Holding Corp. WAY $5.53B 41.2
Veeva Systems Inc. VEEV $51.90B 52.6
BrightSpring Health Services, Inc. BTSG $12.40B 55.4
Tempus AI, Inc. TEM $12.23B —

The Health Information Services industry average P/E ratio is 46.5x. Waystar Holding Corp. trades at a P/E of 41.2.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Waystar Holding Corp.

Waystar Holding Corp. develops a cloud-based software solution for healthcare payments. Its platform offers financial clearance, patient financial care, claim and payer payment management, denials prevention and recovery, clinical integrity and revenue capture, and analytics and reporting solutions. It primarily serves healthcare industry. The company was founded in 2017 and is headquartered in Lehi, Utah.

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