Waystar Holding (WAY) EBT Margin (2023 - 2026)
Waystar Holding (WAY) posted EBT Margin of 17.64% for Q2 2026, down 7.43% on a QoQ basis from 19.06% in Q1 2026, and up 43.0% year-over-year from 12.34% in Q2 2025.
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Waystar Holding (WAY) EBT Margin (2023 - 2026) Analysis & Trends
Waystar Holding has reported EBT Margin for 4 years, with the latest figure at 17.64% in Q2 2026.
- On a quarterly basis, EBT Margin rose 43.0% year-over-year to 17.64% in Q2 2026; TTM through Jun 2026 was 16.18%, a 287.0% increase from a year earlier, with the FY2025 full-year figure at 15.63%, up 1801.0% from the prior year.
- EBT Margin was 17.64% for Q2 2026 at Waystar Holding, down from 19.06% in the prior quarter.
- The five-year high for EBT Margin was 19.06% in Q1 2026, with the low at 18.03% in Q2 2024.
- Average EBT Margin over 4 years is 4.96%, with a median of 11.91% recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: EBT Margin sank 1091 bps in 2024, then surged 3525 bps in 2025.
- Over 4 years, EBT Margin stood at 7.34% in 2023, then surged by 284 bps to 13.54% in 2024, then retreated by 12 bps to 11.91% in 2025, then soared by 48 bps to 17.64% in 2026.
- The last three EBT Margin figures came in at 17.64% (Q2 2026), 19.06% (Q1 2026), and 11.91% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 37.67% |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 17.64% |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 25.77% |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 10.70% |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 7.36% |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | 12.48% |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | -6.85% |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 7.72% |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 10.39% |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn | 2.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.64% |
| Mar 31, 2026 | 19.06% |
| Dec 31, 2025 | 11.91% |
| Sep 30, 2025 | 15.90% |
| Jun 30, 2025 | 17.21% |
| Mar 31, 2025 | 18.06% |
| Dec 31, 2024 | 13.54% |
| Sep 30, 2024 | 3.62% |
| Jun 30, 2024 | -18.03% |
| Mar 31, 2024 | -9.78% |
| Dec 31, 2023 | -7.34% |
| Sep 30, 2023 | -10.24% |
| Jun 30, 2023 | -7.12% |