Growth Metrics

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

Waystar Holding has reported Cost of Revenue over the past 4 years, most recently at $45.8 million for Q1 2026.

  • For Q1 2026, Cost of Revenue rose 14.22% year-over-year to $45.8 million; the TTM value through Mar 2026 reached $97.0 million, down 52.78%, while the annual FY2025 figure was $178.0 million, 13.43% up from the prior year.
  • Cost of Revenue for Q1 2026 was $45.8 million at Waystar Holding, up from -$77.5 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $85.1 million in Q3 2025 and troughed at -$77.5 million in Q4 2025.
  • A 4-year average of $41.5 million and a median of $44.6 million in 2024 define the central range for Cost of Revenue.
  • Biggest five-year swings in Cost of Revenue: skyrocketed 45.53% in 2024 and later crashed 298.79% in 2025.
  • Year by year, Cost of Revenue stood at $67.2 million in 2023, then crashed by 41.97% to $39.0 million in 2024, then crashed by 298.79% to -$77.5 million in 2025, then skyrocketed by 159.13% to $45.8 million in 2026.
  • Business Quant data shows Cost of Revenue for WAY at $45.8 million in Q1 2026, -$77.5 million in Q4 2025, and $85.1 million in Q3 2025.