Waystar Holding (WAY) Cash from Operations (2023 - 2026)
Waystar Holding (WAY) posted Cash from Operations of $59.4 million for Q2 2026, down 30.03% on a QoQ basis from $84.9 million in Q1 2026, and down 38.6% year-over-year from $96.8 million in Q2 2025.
Analysis
Waystar Holding (WAY) Cash from Operations (2023 - 2026) Analysis & Trends
Waystar Holding has reported Cash from Operations for 4 years, with the latest figure at $59.4 million in Q2 2026.
- On a quarterly basis, Cash from Operations fell 38.6% year-over-year to $59.4 million in Q2 2026; TTM through Jun 2026 was $293.0 million, a 3.81% decrease from a year earlier, with the FY2025 full-year figure at $309.7 million, up 82.41% from the prior year.
- Cash from Operations was $59.4 million for Q2 2026 at Waystar Holding, down from $84.9 million in the prior quarter.
- The five-year high for Cash from Operations was $96.8 million in Q2 2025, with the low at -$10.4 million in Q3 2023.
- Average Cash from Operations over 4 years is $52.1 million, with a median of $64.5 million recorded in 2024.
- The sharpest annual moves came in 2024 and 2026: Cash from Operations surged 854.46% in 2024, then slumped 38.6% in 2026.
- Over 4 years, Cash from Operations stood at $11.5 million in 2023, then surged by 465.38% to $64.8 million in 2024, then grew by 2.88% to $66.6 million in 2025, then declined by 10.84% to $59.4 million in 2026.
- The last three Cash from Operations figures came in at $59.4 million (Q2 2026), $84.9 million (Q1 2026), and $66.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 238.71 Mn |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 59.41 Mn |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 41.99 Mn |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 101.57 Mn |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 28.54 Mn |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | -34.07 Mn |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 10.04 Mn |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 80.83 Mn |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 13.43 Mn |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn | 18.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 59.41 Mn |
| Mar 31, 2026 | 84.91 Mn |
| Dec 31, 2025 | 66.63 Mn |
| Sep 30, 2025 | 82.03 Mn |
| Jun 30, 2025 | 96.76 Mn |
| Mar 31, 2025 | 64.25 Mn |
| Dec 31, 2024 | 64.77 Mn |
| Sep 30, 2024 | 78.82 Mn |
| Jun 30, 2024 | 15.45 Mn |
| Mar 31, 2024 | 10.73 Mn |
| Dec 31, 2023 | 11.46 Mn |
| Sep 30, 2023 | -10.45 Mn |