Waystar Holding (WAY) EBT Margin (2023 - 2026)
Waystar Holding (WAY) reported EBT Margin of 17.64% for Q2 2026, up 0.43 percentage points from 17.21% a year earlier but down 1.42 percentage points from the prior quarter.
Waystar Holding (WAY) EBT Margin (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Waystar Holding's EBT Margin came in at 16.18%, up 2.87 percentage points year-over-year; for FY2025, it was 15.63%, up 18.01 percentage points from FY2024.
- EBT Margin has increased for three consecutive years, with a three-year change of +24.97 percentage points (FY2022 to FY2025).
- By year, EBT Margin came in at -2.39% in FY2024 (+5.68 pp), -8.07% in FY2023 (+1.28 pp) and -9.35% in FY2022.
- Five-year quarterly EBT Margin spans a low of -18.03% in Q2 2024 and a high of 19.06% in Q1 2026.
- Year over year, EBT Margin gained in seven of the last eight quarters, with an average year-over-year change of +13.74 percentage points.
- The high point for year-over-year EBT Margin in five years was Q2 2025 (a gain of 35.25 percentage points); the low point was Q2 2024 (a drop of 10.91 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 19.06% (Q1 2026), 11.91% (Q4 2025) and 15.90% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 37.67% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 3.45% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 8.49% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 25.40% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | -45.76% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 15.20% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 22.57% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 8.00% |
| 10 | Waystar Holding | 4.94 Bn | 4.08 Bn | 221.99 Mn | 17.64% |
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% |
Waystar Holding EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=WAY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "WAY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=WAY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();