Waystar Holding (WAY) EBIT Margin (2023 - 2026)
Waystar Holding (WAY) recorded quarterly EBIT Margin of 25.64% in Q1 2026, up 31.85% quarter-over-quarter from 19.44% in Q4 2025, and up 21.0% on a YoY basis from 21.19% in Q1 2025.
Waystar Holding (WAY) EBIT Margin (2023 - 2026) Analysis & Trends
Waystar Holding's EBIT Margin history runs 4 years deep, the most recent figure standing at 25.64% for Q1 2026.
- In Q1 2026, EBIT Margin rose 21.0% year-over-year to 25.64%; the TTM figure through Mar 2026 stood at 22.87% (up 711.0% YoY), while the FY2025 annual figure was 22.68%, up 957.0% from the prior year.
- EBIT Margin was 25.64% for Q1 2026 at Waystar Holding, up from 19.44% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 25.64% in Q1 2026 to a low of 3.52% in Q2 2024.
- Historically, EBIT Margin has averaged 18.56% across 4 years, with a median of 19.21% in 2023.
- The sharpest annual moves came in 2024 and 2025: EBIT Margin tumbled 1546 bps in 2024, then surged 2044 bps in 2025.
- A 4-year view of EBIT Margin shows it stood at 18.23% in 2023, then grew by 19 bps to 21.77% in 2024, then retreated by 11 bps to 19.44% in 2025, then jumped by 32 bps to 25.64% in 2026.
- The last three EBIT Margin figures came in at 25.64% (Q1 2026), 19.44% (Q4 2025), and 22.42% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 30.93% |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 3.36% |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 29.03% |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 17.59% |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | -11.30% |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 17.08% |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 25.64% |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 1.23% |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 5.44% |
| 10 | Teladoc Health | 1.45 Bn | 696.57 Mn | 562.57 Mn | -10.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.64% |
| Dec 31, 2025 | 19.44% |
| Sep 30, 2025 | 22.42% |
| Jun 30, 2025 | 23.96% |
| Mar 31, 2025 | 25.43% |
| Dec 31, 2024 | 21.77% |
| Sep 30, 2024 | 11.31% |
| Jun 30, 2024 | 3.52% |
| Mar 31, 2024 | 15.65% |
| Dec 31, 2023 | 18.23% |
| Sep 30, 2023 | 16.33% |
| Jun 30, 2023 | 18.98% |