Waystar Holding (WAY) EBT Margin (2023 - 2026)
Waystar Holding's quarterly EBT Margin came in at 19.06% in Q1 2026, up 100.0% year-on-year from 9.53% in Q1 2025, and up 60.04% quarter-over-quarter from 11.91% in Q4 2025.
Waystar Holding has reported EBT Margin for 4 years, with the latest figure at 19.06% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin rose 100.0% year-over-year to 19.06%; the trailing twelve-month figure through Mar 2026 stood at 16.02% (up 1132.0% YoY), and the FY2025 full-year result was 15.63%, up 1801.0% from the prior year.
- EBT Margin for Q1 2026 stood at 19.06%, up from 11.91% 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 3.9%, with a median of 7.76% recorded in 2024.
- Year-over-year, EBT Margin slumped 1091 bps in 2024 and soared 3525 bps in 2025.
- Tracing WAY's EBT Margin over 4 years: 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 jumped by 60 bps to 19.06% in 2026.
- The last three EBT Margin figures came in at 19.06% (Q1 2026), 11.91% (Q4 2025), and 15.9% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 37.99% |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 2.29% |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 26.06% |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 19.72% |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 22.10% |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 19.06% |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | -8.52% |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 1.54% |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 5.46% |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | -9.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |