Waystar Holding (WAY) EBIT Margin (2023 - 2026)
Waystar Holding (WAY) posted EBIT Margin of 23.79% for Q2 2026, down 7.21% on a QoQ basis from 25.64% in Q1 2026, and down 17.0% year-over-year from 28.66% in Q2 2025.
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Waystar Holding (WAY) EBIT Margin (2023 - 2026) Analysis & Trends
Waystar Holding has reported EBIT Margin for 4 years, with the latest figure at 23.79% in Q2 2026.
- On a quarterly basis, EBIT Margin fell 17.0% year-over-year to 23.79% in Q2 2026; TTM through Jun 2026 was 22.87%, a 207.0% increase from a year earlier, with the FY2025 full-year figure at 22.68%, up 957.0% from the prior year.
- EBIT Margin was 23.79% for Q2 2026 at Waystar Holding, down from 25.64% in the prior quarter.
- The five-year high for EBIT Margin was 25.64% in Q1 2026, with the low at 3.52% in Q2 2024.
- Average EBIT Margin over 4 years is 18.96%, with a median of 19.44% recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: EBIT Margin slumped 1546 bps in 2024, then soared 2044 bps in 2025.
- Over 4 years, EBIT Margin stood at 18.23% in 2023, then increased by 19 bps to 21.77% in 2024, then decreased by 11 bps to 19.44% in 2025, then climbed by 22 bps to 23.79% in 2026.
- The last three EBIT Margin figures came in at 23.79% (Q2 2026), 25.64% (Q1 2026), and 19.44% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 29.64% |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 23.79% |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 21.48% |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 16.66% |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 11.49% |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | -70.55% |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | -0.21% |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 11.79% |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 9.94% |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn | 5.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.79% |
| 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% |