Waystar Holding (WAY) Cost of Revenue (2023 - 2026)

Waystar Holding has reported Cost of Revenue for 4 years, with the latest figure at $45.8 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 14.22% year-over-year to $45.8 million; the trailing twelve-month figure through Mar 2026 stood at $97.0 million (down 52.78% YoY), and the FY2025 full-year result was $178.0 million, up 13.43% from the prior year.
• Cost of Revenue for Q1 2026 stood at $45.8 million, up from -$77.5 million in the prior quarter.
• The five-year high for Cost of Revenue was $85.1 million in Q3 2025, with the low at -$77.5 million in Q4 2025.
• Average Cost of Revenue over 4 years is $41.5 million, with a median of $44.6 million recorded in 2024.
• Year-over-year, Cost of Revenue soared 45.53% in 2024 and sank 298.79% in 2025.
• Tracing WAY's Cost of Revenue over 4 years: stood at $67.2 million in 2023, then plunged by 41.97% to $39.0 million in 2024, then slumped by 298.79% to -$77.5 million in 2025, then soared by 159.13% to $45.8 million in 2026.
• The last three Cost of Revenue figures came in at $45.8 million (Q1 2026), -$77.5 million (Q4 2025), and $85.1 million (Q3 2025), per Business Quant data.

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