Waystar Holding (WAY) EBITDA Margin (2023 - 2026)
Waystar Holding's quarterly EBITDA Margin came in at 27.87% in Q1 2026, up 37.0% year-on-year from 20.34% in Q1 2025, and up 30.29% quarter-over-quarter from 21.39% in Q4 2025.
Waystar Holding has reported EBITDA Margin for 4 years, with the latest figure at 27.87% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin rose 37.0% year-over-year to 27.87%; the trailing twelve-month figure through Mar 2026 stood at 24.91% (up 516.0% YoY), and the FY2025 full-year result was 24.67%, up 746.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 27.87%, up from 21.39% in the prior quarter.
- The five-year high for EBITDA Margin was 27.87% in Q1 2026, with the low at 5.73% in Q2 2024.
- Average EBITDA Margin over 4 years is 21.32%, with a median of 21.19% recorded in 2023.
- Year-over-year, EBITDA Margin sank 1518 bps in 2024 and surged 2018 bps in 2025.
- Tracing WAY's EBITDA Margin over 4 years: stood at 20.99% in 2023, then rose by 18 bps to 24.76% in 2024, then fell by 14 bps to 21.39% in 2025, then jumped by 30 bps to 27.87% in 2026.
- The last three EBITDA Margin figures came in at 27.87% (Q1 2026), 21.39% (Q4 2025), and 24.43% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 29.00% |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 3.36% |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 29.03% |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 19.09% |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 17.08% |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 27.87% |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | -11.30% |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 1.25% |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 5.44% |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | -10.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.87% |
| Dec 31, 2025 | 21.39% |
| Sep 30, 2025 | 24.43% |
| Jun 30, 2025 | 25.92% |
| Mar 31, 2025 | 27.50% |
| Dec 31, 2024 | 24.76% |
| Sep 30, 2024 | 20.09% |
| Jun 30, 2024 | 5.73% |
| Mar 31, 2024 | 17.92% |
| Dec 31, 2023 | 20.99% |
| Sep 30, 2023 | 18.31% |
| Jun 30, 2023 | 20.92% |